Handout_Final_B_Full

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Part B – Hour 2 Content

 2) Specialty Properties Macro Categories

 3&4) Commercial Real Estate Specialty Properties

 5&6) Commercial Servicing Types

 7) Lifestyle Properties

 8) Recreational Properties

 9) Land/Lot Properties

 10&11) Unique Properties

 12) 6666 RanchArticle

 12&13) List of Realtor Designations

Notes:

Institutional & Specialized

12.Senior Living / Assisted Living Facilities

High-growth niche due to aging population, especially in Florida and Georgia.

13.Charter Schools / Educational Campuses

Rapidly growing in many states with school choice expansion; often reusing existing retail or office buildings.

14.Hospital & Healthcare Campuses

Anchor institutions in many metros. Often surrounded by medical office properties and ancillary health services.

Mixed-Use & Emerging

15.Mixed-Use Urban Projects (Live-Work-Play)

Combines residential, office, retail, and hospitality. Highly walkable, often near transit hubs or universities (e.g., The Battery Atlanta).

Others:_____________________________________________________________________

Primary Classifications

Main Classification 1: Office, Retail, Industrial, Institutional, Mixed Use,_______________

Main Classification 2: Buyer, Seller, Landlord, Tenant, ____________________________

Main Classification 3: Improved, Demo/Renovate, Land/Lot, ________________________

Other:

1. Tenant Representation (Tenant Rep)

• What it is: Representing businesses seeking to lease office, retail, or industrial space.

• Why it matters: Companies want better lease terms, expansion strategies, or new locations especially with hybrid work and shifting consumer patterns.

• Example: Helping a growing dental group secure multiple suburban retail spaces across Georgia.

2. Landlord Representation (Leasing & Marketing)

• What it is: Representing property owners to market, lease, and negotiate with prospective tenants.

• Why it matters: Landlords need to maintain occupancy and reposition spaces after tenant turnover or vacancy spikes.

• Example: Rebranding a tired strip center and leasing it to a new mix of national and local tenants.

3. Investment Sales & Acquisition Advisory

• What it is: Helping clients buy or sell income-producing CRE assets. This includes market analysis, due diligence, and deal structuring.

• Why it matters: Investors are always repositioning portfolios especially in fluctuating markets.

• Example: Brokering the sale of a 1031 Exchange-qualified NNN property in Florida.

4. Site Selection & Development Consulting

• What it is: Advising developers or expanding businesses on where to buy/build, zoning strategy, and land use feasibility.

• Why it matters: Key for retail chains, industrial users, and multifamily developers. Especially useful in the Southeast where land is still available.

• Example: Helping a QSR (quick service restaurant) find the best site in Forsyth County based on traffic counts and zoning.

10 Recreational Property Types

Recreational Property real estate uses or types these properties are often purchased for leisure, lifestyle, tourism, or outdoor activity, and are especially popular in the Southeast and rural areas.

1. Hunting Land

o Timberland or open rural land used for hunting game (deer, turkey, etc.)

o Often includes food plots, blinds, cabins, and water sources.

2. Fishing Property / Riverfront Land

o Land with direct access to rivers, streams, or private lakes.

o Ideal for fly fishing, boat access, or private docks.

3. Mountain Cabins / Getaway Retreats

o Secluded properties used for weekend escapes or short-term rentals (Airbnb).

o Popular in North Georgia, Western NC, and Tennessee.

4. Equestrian Estates / Horse Properties

o Acreage with stables, riding trails, barns, and arenas.

o Common in rural Georgia, Kentucky, and Alabama.

5. RV Parks & Campgrounds

o Land developed or zoned for recreational vehicle stays or tent camping.

o Often income-producing with electric hookups and bathhouses.

6. ATV / Off-Road Land ��

o Rugged land designed or cleared for ATV, UTV, or dirt bike recreation.

o Appeals to outdoor enthusiasts and sportsman clubs.

7. Private Lakes / Recreational Lakes

o Large acreage with a private lake used for boating, swimming, or jet skiing.

o Highly sought after for family compounds or development.

8. Ski-In / Ski-Out Properties

o Less common in the Southeast, but present near ski resorts in Western NC or West Virginia.

o Valuable for vacation rentals and winter tourism.

9. Golf Course Properties

o Homes or land within or adjacent to golf resorts or country clubs.

o Can include vacant lots, condos, or clubhouse facilities.

10.Wildlife Conservation & Nature Preserve Land

o Land set aside for conservation, hiking, birdwatching, or eco-tourism.

o Sometimes enrolled in conservation easement programs (tax benefits).

Others: Hiking, Walking,

Unique Property Types –

8. Converted Churches, Schools, or Depots

Adaptive reuse properties that are converted into homes, studios, or event spaces. Loved by creatives and history buffs especially in revitalizing towns across the South.

9. Container Homes

Eco-chic and modular, these homes are built from shipping containers. You'll find them popping up around urban fringes like Savannah, Atlanta suburbs, and Gulf coast artist enclaves.

10. Treehouse Homes & Airbnbs ��

High in demand for short-term rental income and experiential living. You'll see these in Georgia’s Blue Ridge, Smoky Mountains of TN, and central Florida nature preserves.

11. RV-Friendly Homesteads / Motorcoach Resorts

Popular with digital nomads and retirees. Florida and Georgia have full-time luxury RV communities with built-in pads, clubhouses, and garages.

12. Survivalist / Bunker Properties ��

Not mainstream but quietly rising. These off-grid-ready homes are often in north Georgia, the Smoky foothills, and rural Alabama with water sources, solar, and prepping infrastructure.

13. Cracker-Style & Lowcountry Cottages

Regionally specific architecture that honors old Florida and coastal Carolina traditions. These breezy, elevated homes are trendy again in design circles and coastal in-fills.

14. Lofts in Repurposed Industrial Buildings

Often found in downtown revitalization districts former factories, mills, or warehouses now turned into live/work creative hubs. Popular in Savannah, Atlanta, and Asheville.

15. Earth Berm or Underground Homes

Built into the earth for energy efficiency and storm resistance ideal in parts of Tennessee, Alabama, and even northern Georgia. Cool, quiet, and totally offbeat.

Others:_____________________________________________________________________

Historic Texas 6666 Ranch Has a New Owner

The 266,000 acre West Texas ranch is featured on "Yellowstone"

• PublishedMarch15,2022 • UpdatedonMarch16,2022at12:20pm

The historic 6666 Ranch in West Texas recently propelled to Hollywood fame through the series "Yellowstone" officially has a new owner.

In a news release, United Country Real Estate announced broker Don Bell and the late Milt Bradford represented the new owners in the sale and said the ranch was sold in its entirety.

The 6666 Ranch, referred to as the “Four Sixes Ranch,” was originally listed by Chas S. Middleton for $341 million. A final sale price was not disclosed. Established in 1870 by cattleman Samuel “Burk” Burnett, it is one of the largest ranches in Texas and comprises three locations and 266,000 acres across four counties. The three locations that make up the 6666’s operation include the ranch in Guthrie, Texas, which includes 142,372 acres in King County, the Dixon Creek ranch in Carson and Hutchison counties with 114,455 acres, and the Frisco Creek ranch with 9,428 acres in Sherman County.

A home built in 1917 still stands on the property and once welcomed President Franklin D. Roosevelt, Will Rogers and Quanah Parker.

According to the real estate listing, Burnett named the land after the first brand he saw on his new cattle, "6666." But an often-repeated Texas legend is that Burnett won the ranch in a poker game with a winning hand of four sixes.

About a three hours' drive from Fort Worth, the working ranch remained in the family until the death of Burnett’s granddaughter, Anne Burnett Marion, in 2020.

Marion’s will dictated all of the ranching operations be sold, according to Bell.

The Four Sixes was featured in the most recent season of the hit TV show “Yellowstone.”

“Yellowstone” creator Taylor Sheridan, who graduated from Fort Worth’s Paschal High School, was rumored to have led the group that purchased the ranch. The real estate brokerage, United Country Real Estate, did not confirm its new owners.

“The right team was assembled to establish the value of the man aspects of the 6666 Ranch,” Bell said in a press release. “From the brand itself to the multifaceted operations and assets, the new owners understand this more holistic view of this historic ranch and are committed to keeping it intact and preserving its legacy.”

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Handout_Final_B_Full by Steve Wagner - Issuu