CRE Insights With Cecil Cummins

In this Episode, Cecil Cummins and Erik Chick discuss commercial lending in 2020, how the first quarter finished out, and what the next 3-12 months may look like for commercial Real Estate Lending.

Erik Chick has over 20 years in the banking industry. Erik Current serves as the Chief Lending Officer and Executive Vice President for Severn Bank. He was a Vice President and Commercial Relationship Manager with Severn Bank since 2015. He has held various positions with local community banks including commercial banker, commercial real estate, residential, consumer lending and management roles. Mr. Chick, a life-long Anne Arundel County resident, received his Bachelor of Science degree from Johns Hopkins University, where he was captain of the lacrosse team. He also received a certification in Commercial Lending Practice and Risk Principles from the Risk Management Association Commercial Lending School.

Mr. Chick was named a Top Banker by Smart CEO in 2012/2013. He is a former YMCA of Anne Arundel County board member. He has also been active with Habitat for Humanity, the South River Colony Conservancy and various other conservation, community and youth athletic associations. In addition, he coaches and volunteers with youth recreational sports in the county. Mr. Chick lives in Edgewater with his wife and three children.

Cecil Cummins and Fred Hubler discuss the impact of COVID-19 on the Financial Markets and on Real Estate Markets, specifically on a 1031 Exchange he is working on, and how it was impacted.

Tune in for insights on the potential short and long term implications of this massive Black Swan event!

Frederick is an accomplished Senior Executive with more than twenty-five years of success spanning financial services and technology. He is responsible for founding Creative Capital Wealth Management Group, growing the firm to eleven states, and building a retainer-based wealth management program.

Frederick is an innovative leader with a keen eye for unique solutions and vast knowledge in alternative wealth creation strategies. He received his Behavioral Financial Advisor TM, BFATM for short, certification as of July 2018.

Frederick built a framework to allow third-party experts to collaborate with and assist his clients, a practice now spreading throughout the industry. He is an inspiring leader who draws from a breadth of knowledge in market leadership, business development, goal execution, and wealth management.

Frederick attained his MBA from the University of Phoenix and his BS in Business Administration from West Chester University of Pennsylvania. As a seasoned board member Frederick has held board positions with Phoenixville Regional Chamber of Commerce, The Andy Talley Bone Marrow Foundation, Rotary, Kiwanis, LGBT Equality Alliance, the Phoenixville Senior Center, Cornerstone for Hope, and the West Chester Schools of Business Advisory Council. He is married to Elizabeth, has eight-year-old twins James and Abigail, and loves Eagles football. His hobbies include technology, cigars, and cars.

When was the last time you reviewed your commercial building insurance policy?

Cecil Cummins of Hyatt Commercial sits down with Bill Reagle, Principal Agent with CNR Insurance, and has a great conversation around how to best structure commercial building insurance policies, to ensure commercial building owners will not be under-covered when they need a claim to payout.

Bill started CNR Insurance over 18 years ago and has since acquired two additional insurance brokerages to expand his practice. They are a staple in the Annapolis, MD community.

In this Episode, Cecil Cummins interviews Jake Harris. Jake Harris is a Managing Partner at Harris Bay, a real estate investment firm focused mainly on real estate development. Recently Jake published his book entitled, Catching Knives.

Catching Knives summarizes two decades of Jake's experience. It talks about how to maximize a distressed market by cost control systems, scaling of distressed environment, and opportunity development.

Jake also shares how he started, his personal experience, and how he fell and bounced back. Jake also discusses how the pandemic hit him, his current struggles and how he managed to survive through help from others.

In this episode, Cecil will be discussing the world of buying, selling, and leasing Commercial Real Estate, and his past experiences investing in real estate. From office buildings to warehouses, to residential flips- we'll dive into the various types of commercial real estate, residential real estate investing, and the unique challenges and opportunities they present.

Along with Josh Wilson, Cecil will share a part of himself and his principles in commercial real estate industry. Whether you're a seasoned pro or new to the game, we hope this podcast will provide valuable information and inspiration for your own real estate endeavors.