Location: Lincoln, Nebraska – Hy-Vee -84th & Holdrege | 11:30am-1:00pm
Present: 20 in attendance
Members: Kyle Kudron; Sherri Recker; Brian Deighton; Audrey Back; Lavelle McFarland; Tim Kirkpatrick; Emily Koopmann; Jeanne Sheridan; Tara West; Ben Petersen; Diana Schilf; Kolleen Meyer-Krikac; Sydney Stanard; Monica Zinke; Jackson Cassidy; Tarvis Banks; Patty Gerlach; Margaret Burnham;
Guests: Halea Pacula; Jared Froehlich;
Introductions of Members Present
Minutes from April 2023 were approved.
New Members – email logo to Emily Koopman for the website
Membership Chair Report
24 Paid Member Business for 2023
New members recruitment – Please invite fellow business that serve North Lincoln – Network and have fun.
Emily Koopmann – Belmont Community Center
Sheri Recker – Staybridge Suites
Social Chair Update
Annual Saltdogs Game – Thursday, July 13th, 2023
$1584.25 in Checking and $3000.00 in CDs as of May 11th, 2023
Chief Teresa Ewins has requested the Northwest Team of the Lincoln Police Department host a Town Hall meeting. As a result, the Malone Community Center (2032 U Street), has graciously offered to host the event Friday, May 19th, 2023, at 6pm. If you have any questions, concerns, statements, or just want to listen to the Chief’s message. Please come down and have some face-to-face interaction with the Chief of Police.
Jared Froehlich, NAIFM Realty
Jared spoke to the group on a number of commercial Real Estate issues and considerations. Jared is one of only 25 licensed commercial brokers in Lincoln. He hit on two main topics: Leasing vs. Buying commercial property and owning an investment property. When it comes to leasing vs buying one of the main considerations is the amount of capital you have to outlay to get into a piece of property. Leasing has a smaller upfront cost but with buying the property will typically appreciate in value. When considering an investment commercial property, know that when putting a purchase order in to buy, you don’t have to be locked into sale. There is a due diligence period in which the buyer can cancel the deal if necessary. Jared then fielded a few questions from those present.
Next Association meeting: June 8th, 2023, at Hy-Vee – 84th & Holdrege | 11:30am- 1:00pm
Next Board meeting: July 11th, 2023 4:30PM – Tim Kirkpatrick Residence
Meeting Adjourned. Respectfully submitted by Kyle Kudron NLBA Secretary- email@example.com