Managing Director of SVN/Walt Arnold Commercial Brokerage Inc.
What did you do before you began your career in CRE?
Before I got into the real estate business, I was a Professional Football Player for 8 years with the LA Rams, Houston Oilers and the Kansas City Chiefs.
When did you get your start in commercial real estate and with whom?
I spent one year working with Hooten Stahl Commercial before establishing Walt Arnold Commercial Brokerage, Inc. and in 2008 I joined SVN.
What did you find appealing about a career in CRE?
I enjoyed investing in real estate and a great way to succeed in CRE is to be involved in the details on a daily basis.
I was additionally enticed by the unlimited possibilities. My success was derived from my efforts which is similar to how I advanced in my athletic career; the harder I worked the better my chances of success.
For those who may not know, what exactly do you do as a commercial real estate broker?
The simple answer, without diving into the complexities, is I lease and sell CRE for owners, investors, landlords and tenants. I help users seeking properties and properties seeking users. Property management is also a key component for success and SVN/WACB, Inc. manages thousands of square feet of property in New Mexico.
What was the market like when you established SVN/WACB, INC.?
I joined SVN in 2008, right at the start of the 2nd worst recession in history. It has been a great relationship as SVN continues to provide brokers with the tools to be successful.
What is your company aim/mission?
To keep moving forward, not to settle for mediocrity, expecting desire, determination, accountability and conviction at every turn. To assist all those who have arrived at our doors in consistency and improvement. To ensure personal and professional advancement.
What is your take on the current state and future of CRE given the outbreak of COVID-19?
Clearly, these are unprecedented circumstances and the hope is that it will not drag on for months. CRE will react accordingly, as will most industries, however many tenants will not survive. It’s a good time to look at operations and to stay as lean and as mobile as possible. In the coming months, pricing will come down on investment properties as tenants vacate space and it will be a great time to buy.
What resources/insights do you have to offer your clients during indeterminate times?
SVN’s present adage has to do with “Creating Amazing Conversations.” Now is an excellent time to engage with property owners, landlords, investors and tenants about CRE. At SVN we have the resources, knowledge and experience to assist and guide our clients and customers through these turbulent times. We are only a phone call away.
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Thank you Walt!