2013 Real Estate Forecast

With the help of local experts in 8 diverse sectors of the real estate industry, the annual Real Estate Forecast features forecasts, statistical data, and information about future projects within Fresno County in an education formal.

To obtain a hard copy of the 2013 Real Estate Forecast Publication, please contact 559-476-2500.  Click on the images below to access the online publications or click here.


Masters of Ceremonies | Speakers | Sponsors | Exhibitors

Masters of Ceremonies
Bobby Fena, SIOR
Senior Vice President | Principal | Central California 
Colliers International - Office Properties Group
Bobby Fena joined Colliers International in 1976 as a sales associate specializing in office properties. His broad sales experience includes transactions involving corporate tenants, institutional landlords, and investors. Bobby has represented many prominent corporations, financial institutions, and government entities in the acquisition, leasing and sale of office properties. To date, Bobby has leased or sold in excess of 9,322,492 square feet of office/commercial space and 3,513 acres of land to many corporations in California's Central Valley. Bobby has earned a reputation throughout the industry as a consistent performer working diligently on behalf of his clients.


Phil Souza
Senior Vice President 
Grubb & Ellis | Pearson Commercial
Phil Souza is a 30-year veteran of the commercial real estate industry.  He began his real estate career with CB Richard Ellis in 1983.  During his tenure, he achieved the status of Fresno Top 5 every year from 1991 to 2005, and he was the top producer in eight of those years.  In 2006, he joined Grubb & Ellis/Pearson Commercial and has been the Top Producer each year.  Phil has completed more than 1,300 transactions with over $500 million in volume.  He has developed long-standing relationships with several local and national developers, and various real estate organizations performing such tasks as leasing, consultation, disposition of REO property, and testimony as an expert witness.  Phil has been quoted in several publications and has authored articles for periodicals such as Western Real Estate News and conducted presentations for local real estate groups.  He has BS and MBA Degrees from Fresno State.


Stewart Randall, SIOR

Senior Vice President & Principal | Central California
Colliers International

Stewart Randall joined Colliers International in 1979 as a sales associate specializing in industrial properties.  He became a Principal in 1989 and has served on the Board of Directors and the Executive Committee.  With more than 30 years of commercial real estate experience, Stewart's areas of expertise include industrial properties - sales and leasing; tenant representation; landlord representation; and investment properties.  Stewart has earned a reputation throughout the industry as a consistent top performer in industrial real estate.    

See what Stewart has to say about the industry this year.


Tony Cortopassi

Senior Associate
Cushman & Wakefield/Pacific

Tony Cortopassi is a Senior Associate with Cushman & Wakefield/Pacific and is proud to open the new office in the Fresno market.  Tony's responsibilities include office sales, leasing as well as landlord and tenant representation.  Cushman & Wakefield/Pacific is considered one of the primer real estate firms internationally and has just opened its Fresno office to add to the already existing 231 offices in 58 countries.  Previously, Tony worked for CBRE, Inc. out of the Fresno office for seven years and was the lead office specialist handling many international, national, and regional clients.  Tony initially began his career at the Mohr Partners Walnut Creek branch as a Real Estate Consultant where he focused primarily on tenant representation and large transactions.  While at Mohr Partners, Tony actively assisted in securing headquarter transactions of all sizes and managed portfolio accounts throughout the nation.  During Tony’s time in commercial real estate, he has completed over 1,000,000 square feet in transactions and has been recognized as a top broker in his companies.  Tony is a graduate from Saint Mary’s College of California with a degree in Business Administration and Economics.  He still stays actively involved in the college’s Academic Admission Program, and also plays a supportive role in local programs within the Fresno Community.  Being a native to the Central Valley, Tony’s strong ties to the community and knowledge help him service his clients and allow him to be a constant top producer.

See what Tony has to say about the industry this year.


John Shamshoian

John M. Shamshoian

Realty Concepts, Ltd. / Fresno Association of REALTORS

John M. Shamshoian was born and raised in Fresno, California.  He is a 1969 graduate of Sanger High School and California State University - Fresno in 1976 with a Bachelor of Arts Degree.  John started his Real Estate career in 1978 and in February 1991, John founded Realty Concepts, Ltd.  His career has been based on the fundamental belief of "placing the client's needs ahead of his own."  Throughout his career, John has represented many buyers and sellers in agricultural, commercial, and investment properties with an emphasis on single-family residences.  Realty Concepts today has one hundred plus highly productive sales associates who take pride in the cities and towns they live and work in.  It is very involved in the community and a member of many local Chambers of Commerce, including but not limited to both the Fresno and Clovis Chambers of Commerce, Fresno County Women's Chamber of Commerce, Fresno Area Hispanic Chamber of Commerce, Central Valley Asian-American Chamber of Commerce, the Fresno Visitors Bureau, and the Fresno Economic Development Council.  John is currenthly serving as the Fresno Association of REALTORS President for 2013.  John is married to his wife, Shelly, and they have four children ages 27-30.  He is an active member of the New Harvest Community Church and participates in many charitable organizations.  

See what John has to say about the industry this year.


Andrew Hansz, Ph.D, CFA

Professor and Gazarian Real Estate Center Director
Craig School of Business, California State University, Fresno

J. Andrew Hansz, Ph.D., CFA, is a Director of the Gazarian Real Estate Center and a Professor within the Department of Finance and Business Law at the California State University, Fresno. Prior to joining Fresno State in August 2009, Dr. Hansz was an associate professor within the Department of Finance and Real Estate and the Graduate Advisor for the real estate programs (undergraduate, MSRE, Certificate in Real Estate Development, and Doctoral Minor in Real Estate) at the University of Texas, Arlington. He publishes original research regularly, and his articles have appeared in the Journal of Real Estate Finance and Economics, Journal of Property Investment and Finance, Real Estate Economics, and Journal of Real Estate Research. With co-author Julian Diaz III, he completed the textbook Real Estate Analysis: Environments and Activities which is being adopted in academic real estate programs on a national scale. Professor Hansz is an associate editor of the Journal of Real Estate Literature, the North American editor of the International Journal of Strategic Property Management, and a frequent blind referee for several professional and academic outlets. In the classroom, he has taught over 15 different courses in finance and real estate at the university level and numerous classes and seminars for the Appraisal Institute and other professional organizations. Dr. Hansz is active professionally with industry affiliations in the American Real Estate Society, Appraisal Institute, CFA (Chartered Financial Analyst) Institute, Financial Management Association, and Urban Land Institute (ULI).

See what Andrew has to say about the industry this year.


Robin Kane

Senior Vice President
Hendricks & Berkadia Apartment Real Estate Advisors

Robin C. Kane is Senior Vice President with Hendricks-Berkadia, a national apartment advisory firm. Prior to joining Hendricks, Robin was the founding partner of RCK Organization. Client list included the FDIC, Sentinel Real Estate, State Street Bank, Bank of America, Lend Lease, Heitman Financial, Legacy Partners, AIMCO, Downey Savings, UDR, Inc. and America First. 

See what Robin has to say about the industry this year.


Stanley Kjar

Stanley Kjar

Senior Sales Associate
Pearson Realty

Stanley Kjar has been a member of the Pearson Realty Farm Department since November 2010.  Prior to Pearson, he served as Vice President and Operations Manager for Kings Equipment Company, Inc., his family owned farm equipment business.  Stanley helped grow the business during his 13 year career from a single store operation to three locations in Hanford, Selma, and Madera.  Kings Equipment Company was consistently in the top 25 dealers for Massey Ferguson in North America for over 37 years, and awarded top volume dealer for 6 of their last 10 years in operation.  Stanley served on the Dealer Board of Directors for the Massey Ferguson division of AGCO Corporation, based in Duluth, GA.  He graduated from CSU Fresno in 1999 with a Bachelors Degree in Agricultural Business, and also holds a California Department of Real Estate Broker’s license.  In addition to his extensive Agricultural Business knowledge, Stanley has also directly farmed grapes, almonds, and row crops in Kings and Fresno Counties.  He specializes in the representation of clients selling and acquisitioning farm properties in the greater Fresno, Madera, Kings, and Tulare county area.  Since joining Pearson just over two years ago, Stanley has been involved in numerous Ag-real estate transactions totaling more than $64 million and 3,700 acres.

See what Stanley has to say about the industry this year.


Doug Cords

Doug Cords

Vice President
Commercial Retail Associates

Doug Cords joined Commercial Retail Associates in 1999 and became active in tenant representation, shopping center leasing, and investment sales.  Since that time, Doug has been involved in approximately 1,100 lease and sale transactions.  Doug has been recognized as a Top Producer at Commercial Retail Associates every year from 2003 to 2012 and was a recipient of the CoStar Power Broker Award for Retail in the Fresno region in 2008, 2009, 2010, and 2011.  Doug became partner in Commercial Retail Associates in 2011, and is licensed in the State of California as a Real Estate Broker.  Doug gradudated summa cum laude with a Bachelor of Science Degree in Finance from Santa Clara University in June of 1995 where he was a 4-year member of the University's golf team.  He earned a Master of Business Administration Degree from California State University, Fresno, graduating summa cum laude in December of 1998.  He began his career with Arthur Andersen, LLP and is licensed in the State of California as a Certified Public Accountant.  Doug is a member of the International Council of Shopping Centers and is active in coaching youth athletics and with the Fellowship of Christian Athletes.  Doug is married to his wife Tarah and has three children, Lili, Lucas, and Bennett.

See what Doug has to say about the industry this year.


Matt Renney

Matt Renney

Mohr-Rurik Capital Group, Inc.

Matt Renney is a Senior Originator at the Mohr-Rurik Capital Group, Inc.  The Capital Group is engaged primarily in the commercial mortgage banking and lending business throughout Central CA and the Western US.  The Capital Group represents various local and national institutional lenders and has fostered significant investment in the Central California region.  Matt is involved in the production and origination of new real estate transactions and works closely with several central valley investors/developers providing them finance solutions for multi-family, office, retail, and industrial projects.  Matt is deeply involved in the capital markets and is always working to provide new and creative finance solutions for his clients.  His specialties include acquisition debt, “construction to perm” financing, and long term permanent financing.  Matt is a top producer at Mohr-Rurik Capital Group year over year and has originated financing approaching $1 billion dollars.  Matt attended The University of Texas at Austin graduating in 2002 with a degree in Business Administration.  He majored in Real Estate Finance and minored in Marketing.  He has held a California Real Estate Broker’s License for five years and is an affiliate of the Mortgage Bankers Association of America and the California Apartment Association.  Matt is very active in the community of Fresno and is a passionate Texas Longhorn Alumnus.

See what Matt has to say about the industry this year. 

Title Sponsor


Major Sponsors





Sponsors Exhibitors

Baker Manock & Jensen PC
BSK Associates
CA Bank & Trust
Central Valley Energy Tune-Up
Cerda Enterprises, Inc.
City of Clovis
City of Fresno
Civic Center Square
Colliers International
Commercial Retail Associates
Community Regional Medical Centers 
County of Fresno
Dowling Aaron Incorporated
Five Cities Joint Powers Authority
Fortune Associates
Fowler, Hensel, Voght
Fresno Association of REALTORS
Fresno Housing Authority
Gazarian Real Estate Center/CSUF Craig School of Business
Grubb + Ellis/Pearson Commercial-Pearson Realty
Heald College
Hendricks & Berkadia Apartment Real Estate Advisors  
Manco Abbott
Mohr-Rurik Capital Group, Inc.
Moore Twining Associates
Premier Valley Bank
Realty Concepts, LTD.
The Buzz Oates Group of Companies
City of Clovis
City of Mendota
City of Sanger
Healthwise Services
Monster City Themeworks, Inc.
Real Goods Solar
Technicon Engineering Services, Inc.