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• JANUARY 17, 2020 • Midlands Business Journal
Omaha
Real Estate A section prepared by the staff of the Midlands Business Journal
January 17, 2020
Amid favorable interest rates, training, technology, safety top focus of 2020
by Michelle Leach MCC’s program for future profession“Chronically” low interest rates are als — from basic courses to advanced nurturing healthy transactional activity classes in topics such as investments and as well as vigorous interest in real estate appraisal — have resonated; Woodke said careers. students are prepared for “immediate “There are many options available participation in the industry,” or for a within the industry, including certificate and/or degree. As low working with others in sales or interest rates make homeownproperty management, as well ership a possibility, the market as working for yourself flipping is on fire, as is the number of homes or owning and managing millennials buying homes and your own properties,” said Seth starting families, or those lookWoodke, business instructor ing at real estate’s long-term at Metropolitan Community investment potential. College. “At Metropolitan Com“This has made real estate munity College, the typical stua very visible career option for dent has the goal of becoming a both younger individuals and residential sales agent. This is mid-life career changers,” he Woodke a very important position in the said. “It is also a viable secindustry as a real estate profesond-income option for many. The industry sional helps clients make one of the biggest is also very vibrant for bilingual particidecisions of their lives.” pants and those who have a desire to serve As rewarding as it can be, Woodke minority populations. alluded to common myths — that being an “The Washington Post did a piece a agent is “easy,” and professionals “make number of years ago indicating that an their own hours.” agent’s race was an import factor to mi“Successful real estate agents work norities buying homes. At Metropolitan when their clients need them to work,” he Community College, we recognize this and said. “This includes nights, many week- we are committed to providing student-foends and even some holidays.” cused learning and service that embraces
Reaanddit
Susan Clark, president of the Omaha Area Board of Realtors. diversity and inclusion.” fer a real estate career certificate this year MCC has evolved to fit part-time for the first time,” he said. “This is a good schedules (with on-campus, online, eve- fit for someone who wants more than just ning and accelerated formats), and it’s a couple of classes, but who is not looking evolving again in the new year as the in- to complete a full degree.” dustry is poised for “faster than average” As Omaha Area Board of Realtors growth. (OABR) 2020 President Susan Clark looks “To support new industry participants, across the market, she alludes to its health Metropolitan Community College will of- and activity for buyers and sellers. “Buyers are still enjoying low interest rates,” she said. “And sellers’ homes are moving quickly with a good amount of appreciation.” Clark noted 2018 and 2019 looked very similar. “I would expect it to remain that way for the year,” she said. When asked about the OABR’s top priorities in 2020, Clark highlighted Realtor safety (a priority for “every year”). “In 2019 we began ways to ensure we keep this topic front of mind for all Realtors,” she said. “In 2020, we continue to those efforts and look to educating the public as well. As the public understands a Realtor’s daily risk, we hope they will be more understanding to the process.” Title Department Manager Justin Rhoades of DRI Title highlighted technological priorities — beneficial and challenging for the industry. “Imagine you’re purchasing a home and you are required to bring funds to a closing to complete the transaction,” he said. “You receive an email from your Continued on next page.
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Omaha Real Estate — inside JANUARY 17, 2020
THE BUSINESS NEWSPAPER OF GREATER OMAHA, LINCOLN AND COUNCIL BLUFFS
$2.00
VOL. 46 NO. 3
BHMI expands suite of financial transaction software
THIS WEEK 'S ISSUE:
by Richard D. Brown
Kimba’s Touch Pottery Studio creates space for artists in all stages. – Page 2
0 r4 de n U 40 Gales’ career is rooted in building neighborhoods, improving communities. – Page 3
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Separate fact from fiction with un-biased, data-driven guidance for retirement. – Page 4
“Software for the speed of now” is more than just the new motto of BHMI, a 34-year-old Omaha-based software firm with 75 employees. Founded as Baldwin Hackett & Meeks by two former college professors and one of their students, the business is being rebranded to better reflect growth and sustained focus on delivering innovative software solutions targeted for the fast-changing payments industry. The firm develops software for a wide range of customers ranging from Union Pacific and Greyhound to MCI and the Federal Aviation Administration. Chairman Dr. Jack T. Baldwin founded the firm with Dr. Lynne J. Baldwin, president, and one of her University of Nebraska at Omaha computer science students Michael E. Meeks, who is senior vice president. Together, they lead a company that has written more than 25 million lines of code and developed software that processes Continued on page 9.
From left, Chairman Dr. Jack Baldwin, President Dr. Lynne Baldwin and Senior Vice President Michael Meeks … Repositioning in market to promote financial software capabilities. (Photo by MBJ / Becky McCarville)
Koley Jessen develops succession plan, elects Alex Wolf as president by Becky McCarville
Omaha-based law firm Koley Jessen is practicing what it preaches by establishing a long-term succession plan and electing the next generation of leadership, Alexander J. Wolf as president, succeeding Michael M. Hupp. Hupp will continue as chairman of the firm’s board of directors and co-chair of its mergers and acquisitions practice.
“For my generation it’s an awesome thing to succeed leadership and responsibility to the next generation and feel really good about it,” Hupp said of the over 30-year-old firm. “I think we attracted and retained the right people and then they seized the moment and now they’re going to lead us into the next phase.” Along with working with the administrative team, the executive Continued on page 9. Owners Shelley Elson-Roza and Anthony Roza at their new space at 325 N. 72nd St., opening in May … Specializing in catering with an emphasis on healthy foods, and even in-home food prep.
Heirloom Fine Foods cooks up local, healthy meals, set to open storefront by Gabby Christensen
From left, Michael M. Hupp, chairman of the board and co-chair of the firm’s mergers and acquisitions practice, and Alexander J. Wolf, president and managing shareholder … Passing the torch to the next generation.
Heirloom Fine Foods, formerly known as MJER Help, was founded in 2015 by husband and wife team, Shelley Elson-Roza and Anthony Roza, who envisioned an opportunity to help busy families with customized services. The idea first hatched when the couple became engaged and had a difficult time finding catering services that matched their specific
needs. “We decided to change our career paths and dive into doing the catering ourselves,” Elson-Roza said. “We were actually our first clients.” With that intent, Elson-Roza, who previously worked in finance, completed culinary school. Roza, on the other hand, had worked in the hospitality industry his entire Continued on page 8.