Tuesday, July 31, 2012

Seeing success is reward for Loveland Commercial's 

Nathan Klein


October 21, 2011 by Pat Ferrier, Coloradoan

Nathan Klein, a partner/broker associate with Loveland Commercial LLC, is seen in the Thompson Valley Town Center Wednesday, which is what his company owns and manages.
Nathan Klein, a partner/broker associate with Loveland Commercial LLC, is seen in the Thompson Valley Town Center Wednesday, which is what his company owns and manages. / V. Richard Haro/For Loveland Connection

NATHAN KLEIN

» Age: 30
» Occupation: Commercial real estate agent, Loveland Commercial LLC
» Education: Bachelor’s degree in business administration, concentrations in finance and real estate, CSU, 2004; graduated summa cum laude
» Family: Married to wife, Krisi; two kids, Olivia, 4, and Carson, 2
» Contact information: (970) 667-7000 x109; Linked In:www.linkedin.com/in/
nathanlklein; Blog: http://northern
coloradocommercialrealestate.blogspot.
com/; Twitter: www.twitter.com/#!/@
lovecommercial
By Pat Ferrier
Question: Explain what you do.
Answer: Loveland Commercial LLC is a full-service real estate development and brokerage company.
Our services are diverse and include commercial real estate brokerage, property management, commercial development and residential development and homebuilding.
While I am a partner in the company and participate in various capacities within each segment of the company, my role is primarily focused on the commercial brokerage and marketing side.
Q: How did you get into the business?
A: While at CSU, I met Eric Holsapple (one of principal owners and founders of Loveland Commercial) who was teaching my real estate development course as an adjunct professor.
Heading into my last semester, I had a strong desire to venture into the commercial real estate world, so I contacted Eric to assist me in finding an internship prior to graduation. Long story short, Loveland Commercial created an internship for me within their company, which turned into a full-time job offer after graduation and eventually gave me the opportunity to buy into the company. I have now been a partner in the company for more than five years.
Q: What are the biggest challenges you or your industry face?
A: The biggest challenge in the commercial real estate industry is the overall economic conditions in the marketplace and the ongoing challenge of getting projects financed.
The challenges that many of the local banks have faced with problem loans have placed a lot of downward pressure on the market as the banks are forced to dispose of problem assets at discounted prices. Also, a lack of adequate capital and high commercial real estate concentrations for many local banks has made it very difficult for them to lend money to our industry. Commercial real estate is traditionally a trailing indicator of economic growth, so that is the first step to seeing our industry press forward positively.
Q: What are the biggest rewards of your job?
A: The biggest rewards of my job are the opportunity to work with so many great business owners and leaders in the community. I really enjoy seeing the many different types of businesses that are located in our community and am constantly fascinated by the risk that business owners take on a daily basis in showing up to work. For me, every deal large or small is important to those involved, and I really enjoy playing a role in those business decisions and seeing those businesses succeed.


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