JM Padron, CCIM, CRB

JM Padron, CCIM has applied for the vacant position on the Broward County Board. Mr. Padron will bring a vast experience and a proactive view from the private sector perspective.

JM Padron is the President and CEO of RE/MAX Premier Associates and RE/MAX Commercial Associates, a Large Real Estate firm with more than 70 agents, and a Commercial Real Estate company with approximately 15 commercial brokers. Mr. Padron has closed important commercial deals for more than $200 million, as well as leased more than 300,000 Sq Ft of retail and office space. JM Padron brings more than 25 years of experience in management, business development and mergers and acquisitions, both domestic and international. Mr. Padron has held important senior management positions in Motorola, AT&T Network Systems, CCI and Shell Oil, among others. Mr. Padron received a Bachelor of Science in Engineering from Metropolitan University, a Master of Engineering Sciences Degree from Lamar University and an MBA from Cleveland State University. Mr. Padron is a Licensed Real Estate and Mortgage Broker in the State of Florida, and holds the prestigious CCIM (Certified Commercial Investment Member) designation. Mr. Padron is currently finishing his CPM designation from the IREM Institute. Mr. Padron held important recognitions in his productive years at RE/MAX: Member of the RE/MAX multimillion dollar 100% Club and the prestigious Chairman's Club. Mr. Padron is fluent in both English and Spanish. Mr. Padron is a member of the Fort Lauderdale Chamber of Commerce, NAR, FAR, CCIM, IREM, SOCR, ICSC and is currently the President of the CCIM Broward-Ft. Lauderdale District. Mr. Padron is an active member of the Rotary Club of Fort Lauderdale

South Florida -

Broward-Palm Beach, FL - RE/MAX Commercial Associates, a full service commercial real estate firm based in Fort Lauderdale, has announced two new leases and two lease renewals in Broward County.

JM Padron, CCIM, president-broker, handled the following transaction:

Sawgrass Foods Inc., a Florida Corporation, has leased 4,599 Retail (Restaurant Space) at Waterways Shoppes at Parkland, Parkland, FL for an upscale Diner. According to Mr. Mann, Sawgrass Foods Inc., chose the space because there is not any upscale 24hr. service Diners in the area. Mr. Padron represented both sides in this lease.

JM Padron, CCIM, president-broker and Mar Dreyer handled the following transaction:

AAA Pain Clinic., a Florida Corporation, has leased 2,000 Office Space at 1441 Forest Hill Blvd at West Palm Beach, FL for an upscale Pain Clinic. Mr. Dreyer and Mr. Padron represented botrh sides in this transaction.

Dear Colleagues,

I just put together this simple co-listing agreement to be able to work together with a co-listing agent for a Commercial Property.

LEASING PROPOSAL

1. REMAX Commercial Associates and _______________________will be retained the exclusive leasing agents to market, promote and lease the available spaces at _____________________________________.

2. REMAX Commercial Associates will list the property in ICSC, REMAX COMMERCIAL, TOTAL COMMERCIAL, CATYLIST, COSTAR, LOOPNET PREMIUM and COMMERCIAL SOURCE, as well as the company's web site. Additionally it will be promoted and presented in the CCIM, CEREBA, and SOCR deal making events.

3. REMAX Commercial Associates will place ads in Florida Commercial magazine and will prepare and send postcards to targeted prospect tenants.

4. REMAX Commercial Associates will prepare a strategic plan using a National Tenant Directory to identify prospect tenants by matching their site criteria selection.

5. REMAX Commercial Associates will place visible signs in the property as permitted by the city of _____________.

6. REMAX Commercial Associates Division will cooperate with its vast network of brokers in order to speed up the leasing process.

7. The specific terms and conditions are detailed in the listing leasing contract enclosed in this proposal.

Listing Leasing Contract

Camacol Background

The Latin Chamber of Commerce of the United States, CAMACOL was founded in 1965 by a small group of Hispanic entrepreneurs, who had the foresight to create an organization which would protect their business interests, foster commercial growth, and contribute to the economic and social development of the South Florida community.

CAMACOL is the largest Hispanic business organization in the State of Florida and one of the most influential minority business groups in the United States. For more than four decades, CAMACOL's mission is to foster the entrepreneurial spirit of Florida's Hispanic and minority communities, and as such, it conducts programs to strengthen local business activity, promote economic development, facilitate international commerce, and serve the civic needs of the community and state.

Services offered by the Chamber:

· CAMACOL Loan Fund was created to meet the financial needs of small and medium sized businesses.

· Benefits discount package. As a valued member you will receive special discount rates at well-known hotels worldwide, rental car services, restaurants, theme parks, and merchandise discounts at major stores and malls, as well as medical, long term disability insurance plans.

· Seminars and workshops to keep you and your business current in today's complex marketplace.

· Member networking events.

· Technical and business assistance, licenses, permits, and documentation requirements.

· Commercial certification of documents

· Employment Bureau

· Business opportunities through our weekly television program, "Comentarios Economicos" (upon availability), web site www.camacol.org , our monthly magazine, and our annual membership directory.

· Opportunity to participate in events where your product or service will receive ample publicity and advertisement, as well as Sponsorship opportunities.

· Get to meet and establish strong relationships with your community and civic leaders as well as local, national and international leadership.

· Legal assistance and referral services from our team of advisors.

· Assistance in Export/Import related matters.

· Participation to international events, sector related seminars, and trade missions.

International Business Opportunities!

· Trade Shows

· Informative Seminars

· Business Matchmaker

· Plenary Sessions

CAMACOL's Hemispheric Congress. A solid vehicle to estalbish international business ties worldwide. CAMACOL's vast track record offers its members direct access to this exciting sector. Presently, the Congress includes the democratically governed countries from the Latin American and Caribbean region, the European Union, and Hispanic American chambers and organizations throughout the United States. The mission of the Congress is to directly link businesses throughout the globe, promote Miami-dade County and the State of Florida as the gateway to the Americas. Sanchez-to-Sanchez-to-Smith award which has been recognized internationally, is presented annually for outstanding achievements in the international trade sector.

CAMACOL"s Florida Trade and Exhibition Center was created in response to meet the needs of Florida's export community. The "Florida Trade" program provides export development assistance through a wide variety of services which include trade leads, seminars and workshops, trade mission and events, an incubator center for export development and other export related services. This program is sponsored by the State of Florida and Enterprise Florida, and also works closely with the Hemispheric Congress and its events

The Latin Chamber of Commerce of USA - CAMACOL will be presenting a Business Development Trade Mission to Bogota, Colombia September 30 - October 3, 2009. Activities:Business BreakfastCountry Briefing by U.S. Embassy Informative Seminar and Presentation Business LuncheonNetworking ReceptionsBusiness Matchmaking SessionsMission Costs.

We held a closing last week and the buyer was questioning why the title transfer was done by a special warranty deed. Special warranty deeds are usually produce by developers for new homes who have owned the property just long enough to build the homes. Likewise, Banks when selling foreclosure properties issue a special warranty deed.

General Warranty Deed vs. Special Warranty Deed:

The general warranty deed is a promise to the buyer that the seller will warranty any prior problems with title, while a special warranty deed limits the seller's promise to title problems that come up while the seller owned the property, but gives no warranty for problems prior to that time.

Generally in foreclosure transactions, like the builder, has no close relationship to the property and will not want to promise anything about the condition of title before they acquired the property through foreclosure.

Title insurance insures the buyer against past ownership problems, old liens, boundary issues, and so on. Even though there may be exceptions in the title insurance policy, and owners should know what their exceptions are. Make sure your client selects a good title company with an in-house attorney to make sure they take the time to explain what title insurance is and how it works!!