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Saturday, April 11, 2020
TOBA Owners Concierge Addressing the Needs of Thoroughbred Owners
An experienced Kentucky business executive and entrepreneur, Nelson Clemmens owns AmWest Entertainment, LLC, a thoroughbred racing technology company, and AmWager, an online wagering platform. For more than a decade, he has focused on incorporating the use of technology in thoroughbred racing to improve the integrity and operating standards of the sport. Additionally, Nelson Clemmens is an active member of the horse breeding and racing industry and belongs to numerous associations and organizations, such as the Thoroughbred Owners and Breeders Association.
The Thoroughbred Owners and Breeders Association (TOBA) is a nationwide industry organization that was established to bring together and represent the interests of thoroughbred owners and breeders. Based in Lexington, Kentucky, TOBA helps to improve the integrity and the experience of the participants in thoroughbred racing. TOBA Owners Concierge is an owner-based program that seeks to encourage excellence and to promote growth in the horse racing industry. They achieve this by ensuring owners have access to timely information and local resources, while benefiting from exceptional customer service.
TOBA Owners Concierge strives to meet the diverse needs of thoroughbred owners to ensure that they have an exciting track and off-track experience. Acting as liaison between the horse owner and the racetrack, the concierge is also tasked with the responsibility of promoting relations within the large horse racing community.
The Thoroughbred Owners and Breeders Association (TOBA) is a nationwide industry organization that was established to bring together and represent the interests of thoroughbred owners and breeders. Based in Lexington, Kentucky, TOBA helps to improve the integrity and the experience of the participants in thoroughbred racing. TOBA Owners Concierge is an owner-based program that seeks to encourage excellence and to promote growth in the horse racing industry. They achieve this by ensuring owners have access to timely information and local resources, while benefiting from exceptional customer service.
TOBA Owners Concierge strives to meet the diverse needs of thoroughbred owners to ensure that they have an exciting track and off-track experience. Acting as liaison between the horse owner and the racetrack, the concierge is also tasked with the responsibility of promoting relations within the large horse racing community.
River Crest Apartments Get a New Owner
Paul Kerley is a leading real estate investor in Oregon. Since 1983, he has serviced as owner and president of Commercial Property Resources, Inc., in Salem. Paul Kerley also does business through his single entity Kerley River Road, LLC.
Recently, Mr. Kerley purchased the River Crest Apartments through Kerley River Road, LLC. The property consists of multiple units from 127 to 177 Sunset Avenue North in Keizer, Oregon, encompassing nine units with one bedroom and one bath and two units with two bedrooms and one bathroom. The complex cost $1,050,000, paid for in cash.
Located in central Keizer convenient to multiple dining options, the property is near the Keizer Rapids on the Willamette River. Sunset Park and Willamette Manor Park are in the vicinity.
Gabe Johansen of SMI Commercial Real Estate, LLC, represented Mr. Kerley in this transaction. Tyce Nelson, the principal broker of Nelson Commercial Real Estate, LLC, represented the sellers.
Recently, Mr. Kerley purchased the River Crest Apartments through Kerley River Road, LLC. The property consists of multiple units from 127 to 177 Sunset Avenue North in Keizer, Oregon, encompassing nine units with one bedroom and one bath and two units with two bedrooms and one bathroom. The complex cost $1,050,000, paid for in cash.
Located in central Keizer convenient to multiple dining options, the property is near the Keizer Rapids on the Willamette River. Sunset Park and Willamette Manor Park are in the vicinity.
Gabe Johansen of SMI Commercial Real Estate, LLC, represented Mr. Kerley in this transaction. Tyce Nelson, the principal broker of Nelson Commercial Real Estate, LLC, represented the sellers.
Sunday, March 1, 2020
Recent Kerley River Road Acquisitions in Keizer
The owner and president of Commercial Property Resources, Inc., Paul Kerley has spent nearly four decades as a real estate professional operating throughout the Salem, Oregon, region. His portfolio is comprised of approximately 1,500 residential units. Through his single entity Kerley River Road, LLC, Paul Kerley recently acquired multiple properties in Keizer, Oregon, just north of Salem.
Keizer’s River Crest Apartments complex, located at 127-177 Sunset Avenue North, consists of 11 units that range from one-bedroom, one-bath arrangements to two-bedroom, one-bath options. Kerley River Road was represented by Gabe Johnson of SMI Commercial Real Estate, LLC, throughout the transaction, which was valued at $1.5 million.
Mr. Johnson of SMI served as principal broker for another recent transaction, a $1.05 million acquisition of River Road Apartments. The six-unit complex is made up of all two-bedroom, one-bath, multi-family units. The property, located at 4133-4143 River Road North in Keizer, also includes a 1,700-square-foot commercial office building on site.
Keizer’s River Crest Apartments complex, located at 127-177 Sunset Avenue North, consists of 11 units that range from one-bedroom, one-bath arrangements to two-bedroom, one-bath options. Kerley River Road was represented by Gabe Johnson of SMI Commercial Real Estate, LLC, throughout the transaction, which was valued at $1.5 million.
Mr. Johnson of SMI served as principal broker for another recent transaction, a $1.05 million acquisition of River Road Apartments. The six-unit complex is made up of all two-bedroom, one-bath, multi-family units. The property, located at 4133-4143 River Road North in Keizer, also includes a 1,700-square-foot commercial office building on site.
Thursday, April 26, 2018
Lee St. SE Apartments Latest Paul Kerley Acquisition
A seasoned real estate entrepreneur, Paul Kerley is the owner and president of Salem, Oregon-based Commercial Property Resources, Inc., which owns and manages over 1,500 residential rental units in Oregon. Paul Kerley’s latest addition to his portfolio is the Lee St. SE Apartments located at 2547-2561 Lee St. SE in Salem.
The property consists of 7 units, with 4 of the units featuring 1 bedroom and 1 bath, and three units having 2 bedrooms and 1 bath. The site has fenced yards, carports, and a laundry. Tenants pay for the electricity while the landlord covers the water, sewer, and trash pickup payments. The building is close to elementary, middle, and high schools, Willamette University, the Salem railroad station, the United States Postal Service building, and various commercial establishments.
Mr. Kerley acquired the property through his wholly owned Snow & Kerley Properties, LLC. Financing was provided by Precision Capital of Eugene, Oregon, with Christ Bettis serving as mortgage broker. Representing the buyer in the transaction was SMI Commercial Real Estate, LLC, through its principal broker, Gabe Johansen.
Wednesday, November 15, 2017
KKCoastal Acquires Rental Units in Newport, Oregon
Based in Salem, Oregon, Paul Kerley has worked for more than three decades as a real estate owner and management specialist. Outside of his responsibilities at the Salem-based Commercial Property Resources, Inc., Paul Kerley owns a limited liability company called KKCoastal. Under his leadership, this firm recently purchased rental units in Newport, Oregon.
Through the representation of Windermere Properties' Anita Quilici, KKCoastal was able to acquire the Alder Street Apartments at 1007 SW Alder Street in Newport. Financed through Precision Capital, the purchase totaled $550,000. For this price, KKCoastal obtained six rental units and an accompanying cottage spread across half an acre of land.
Of Alder Street Apartments’ six units, five include one bedroom and one bathroom while the last unit comprises two bedrooms and one bathroom. The cottage boasts a cozy one-bed, one-bath interior with an outdoor deck. The property has amenities such as electric heating and laundry equipment as well as seven resident parking spaces.
Alder Street Apartments is situated within minutes of downtown Newport and the Pacific Coast. Other local attractions include the Hatfield Marine Science Center and the Oregon Coast Aquarium.
Thursday, October 12, 2017
Demystifying Real Estate Titles and Positions
Based in Salem, Oregon, Paul Kerley founded Commercial Property Resources, Inc., in 1983. Paul Kerley has managed more than 1,400 residential rental units and is licensed to broker commercial properties throughout Oregon.
Many individuals confuse real estate positions such as “broker,” “agent,” and “salespeople.” Those who go into real estate transactions with an understanding of the role of each businessperson involved may not feel as confused during the process.
The term "real estate agent" is something of a catch-all: anyone who earns a real estate license is a real estate agent. Sales professionals and brokers are both technically real estate agents. They can show properties to prospective clients and, depending on the full extent of their qualifications, can produce contracts. The catch is that qualifications to become an agent vary from state to state. Hence, most states require agents to take a minimum number of classes to receive a license to sell and show real estate within that state.
Although a real estate broker is also an agent, brokers undergo training and education beyond the minimum requirements for licensure. They must pass a state broker's exam, after which they may work alone or hire agents to work under them.
Many individuals confuse real estate positions such as “broker,” “agent,” and “salespeople.” Those who go into real estate transactions with an understanding of the role of each businessperson involved may not feel as confused during the process.
The term "real estate agent" is something of a catch-all: anyone who earns a real estate license is a real estate agent. Sales professionals and brokers are both technically real estate agents. They can show properties to prospective clients and, depending on the full extent of their qualifications, can produce contracts. The catch is that qualifications to become an agent vary from state to state. Hence, most states require agents to take a minimum number of classes to receive a license to sell and show real estate within that state.
Although a real estate broker is also an agent, brokers undergo training and education beyond the minimum requirements for licensure. They must pass a state broker's exam, after which they may work alone or hire agents to work under them.
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