By Joseph W. Brady, CCIM, SIOR
The Bradco Companies/The Bradco High Desert Report
I wish to welcome our current, future, and long standing subscribers and sponsors of the 54th Edition of the Bradco High Desert Report, the first and only economic overview of the High Desert region, covering the northern portion of San Bernardino County and the Inland Empire.
As a part of our history, in late 1992, when a friend of mine, Ms. Cele Underwood, then an Associate with the Keith Companies, a company with which we shared office space, suggested that, with all the development, bus tours and seminars in Southern California, we create a newsletter. Having no knowledge of how to do a newsletter, I contacted my long-time friend and mentor, Dr. Alfred Gobar, then Chairman of Alfred Gobar & Associates (Brea/Anaheim, California).
With Dr. Gobar’s continued encouragement to take a leading role within the High Desert region, we moved forward with the first ever newsletter to cover the High Desert region, the Cities of Adelanto, Apple Valley, Barstow, Hesperia, and Victorville; the first one to properly portray the High Desert’s economy and its great assets.
Since then, Dr. Gobar has continually supplied some of the greatest articles to the Bradco High Desert Report since its inception in May of 1993. He has contributed articles all the way through our 52nd Edition, but due to a recent 7 year battle with cancer, was unable to prepare an article in his normal and professional manner.
Dr. Gobar is in his 7th year of battling cancer and doing quite well. When the doctors told him that they thought he would lose a substantial amount of weight, they forgot that Dr. Gobar is 1 of the most unique people I have ever met and, undoubtedly, one of the most unique people that they have ever met. He has actually gained 14 pounds, looks great, and still has a great sense of humor.
He recently spoke (6 months ago) at Lambda Alpha, the Orange County Chapter, which I am the only commercial broker ever inducted, and I am very humbled to be a part of this great honorary society for the advanced and land economics.
We also had a delay in this edition with the recent addition of a new member of our family, Mr. Parker Sinibaldi, Ms. Kaitlin Alpert’s son. Parker was born on December 9, 2014, and Ms. Alpert has just been able to return to work to assist us on the Bradco High Desert Report and many of the other endeavors that we have. In the meantime we were blessed with the addition of Ms. Tailor Titus, who joined our firm on a temporary basis and has now become a full-time member of our family.
While I will write some separate comments where I think the High Desert economy is as it relates to real estate, I do want to make a couple comments relative to the article suppliers who made this edition (although late) as special as any other edition that we have ever done.
I wish to thank our friend Ms. Sheri Davis, Director of the Inland Empire Film Commission, who does such a great job in generating monies to the Inland Empire and High Desert economies for filming.
I wish to also thank Ms. Joy Sepulvada, Public Information Officer, who works with my long-time friend Ms. Terri Kasinga, and their soon-to-be-retired Executive Director Mr. Basem Muallem, of the State of California Department of Transportation (Caltrans) for the information that they have supplied. There is a tremendous amount of work underway by Caltrans, not only in San Bernardino County but through the entire Inland Empire. If you drive the Inland Empire as much as I do, and even going into Orange County, you really have an appreciation of where some of our gas tax dollars are being spent and how important they are for the Inland Empire growth and, most importantly, for the High Desert to be able to handle the anticipated growth over the next few decades.
I wish to welcome Mr. Bob Dutton, our brand-new Assessor/Recorder/County Clerk for San Bernardino County. I have known Bob Dutton as long as I have known his father, Mr. Ted Dutton, one of my all-time heroes. Bob Dutton is a former Assemblyman, former State Senator, and a very respected business person within the Inland Empire. Mr. Dutton brings to the San Bernardino County Assessor’s office a new and refreshing way of thinking. As a current Tax Appeals Commissioner, I look forward to whatever positive changes Mr. Dutton will make. I assure you that he will make changes and they will all be for the benefit of the tax payer.
A very exciting project, which I have been monitoring for nearly 30 years, is “Tapestry,” a master plan community that was originally called Las Flores Ranch in South-East Hesperia. I have said many times that this property is not only the finest property in San Bernardino County for the development of a master plan community, it is one of the most gorgeous pieces of property for the development of a community. The City of Hesperia is lucky that the developers, who have recently acquired it, are in the midst of re-entitling it for nearly 19,300± homes.
They are taking a long-term and very committed position within the High Desert region. I would be remiss in not mentioning the work that Mr. Don Hutchings did while he owned Las Flores Ranch. I would like to personally thank him for all of his work. To entitle a project of nearly 10,000± acres, and to find the right “timing” to develop it, is a major league task. Mr. Don Hutchings, thanks for what you did, and I hope I live long enough to see the final home built and the commercial center developed for this very exciting project. We anticipate that approval for this project will come during the summer of this year and, hopefully, they will start moving ground within 2 years after its approval.
I wish to welcome Mr. Larry Vaupel, the Economic Development Agency Administrator for San Bernardino County. We have had a long-standing relationship with San Bernardino County, as a member many many years ago of the Workforce Investment Board and also of the Economic Development Commission. I recently met with Larry Vaupel and he will be a great addition, someone who will take a very long-term interest with his employer (5 very committed Supervisors for San Bernardino County). Also a great job to Mr. Greg Devereaux in helping reposition and advance the High Desert region so that we get the appropriate amount of jobs and job opportunities within San Bernardino County.
I wish to thank the Mojave Water Agency, Mr. Kirby Brill, its General Manager, Ms. Yvonne Hester, its Public Information Officer and its 7 member Board of Directors for the information about water and the upcoming water symposium that will be held later this month. I assure each and every one of our readers that we will have a tremendous amount of information from the symposium to add to the 55th edition, and I look forward to adding 4 or 5 pages of content so that property owners, investors, and developers can be assured of a long-term and sustainable water management program that I believe is second to none in the State of California. I congratulate the Board of Directors at the Mojave Water Agency for their great leadership.
We wish to welcome: our friend Mr. Brad Golden from Chicago Title in California I have known the Golden family since 1984 when I met Mr. Ron Golden who was born and raised in Apple Valley and who was involved with a commercial title representative in Southern California; his son Mr. Brad Golden, with many family members located in the High Desert area, including one that is employed at Victor Valley Community College District; Ms. Greta Moon, who sent over information about the new change to the California revenue & tax code and the new law about documentary tax transfer declarations.
In my business as a commercial real estate practitioner, I am constantly attempting to find what the real prices are for transferred property. Mr. Brad Golden’s article answers the question (please see pg. 14).
We re-welcome our County Sheriff, John McMahon, with an update to the High Desert Detention Center. Sheriff John McMahon, keep up the great job.
We are constantly asked about the amount of money spent by the federal government through county government, which is disbursed to residents throughout the High Desert who receive aid through local cities. While this is not a popular issue to discuss, and many would question my wisdom as Publisher of the Bradco High Desert Report about publishing this, it is still an issue that I believe needs to be debated within the High Desert region. It is one that all of our readers should be keenly aware of.
While many of the numbers are rather larger than you see on the graphs on page 15, 16, and 17, we are constantly urging our local officials, state officials and federal officials to help create programs that will help bring people back to work, give them a greater education, and give them the tools to prepare themselves for a workforce.
I hope that those reading this take this data seriously, and I welcome each and every one of your comments to my personal email: Joseph W. Brady, Publisher of the Bradco High Desert Report, at firstname.lastname@example.org, so we can put you on a list of people who we can call on when and if meetings are held by our city, county, and state officials.
We always appreciate the great work that Ms. Debbie A. Cannon, and Ms. Vickie Nagel do for the non-profits through their Academy for Grassroots Organizations. It is one of the greatest organizations that I have seen that deals with non-profits and how they can help truly direct monies to an area (every area needs money for non-profits).
We thank our friends at the Inland Empire Economic Partnership (IEEP), under the direction of Mr. Paul Granillo, and their very strong Board of Directors for everything that they do to promote the Inland Empire through the Economic Partnership. We hope the day will arise when all the cities throughout San Bernardino County and the Inland Empire are members of the IEEP.
I still remember when the original organization Inland Empire Economic Council (IEEC) was formed by people such Mr. Ted Dutton, Mr. Steve Pontell, Dr. John Husing, and many other notable individuals throughout the Inland Empire who have always had a passion about economic development and the economic development movement.
One of our keynote speakers for the 13 years that we held the High Desert Leaders Economic Summit, which benefited the Red Cross, was Mr. Larry J. Kosmont, CRE, President and CEO of the Kosmont Companies. Mr. Kosmont’s article, “In The Wake of Redevelopment,” is an excellent discussion about alternative methods of potential financing for projects that we will see in the upcoming years. Mr. Kosmont is a leader in the industry and at one time was the youngest City Manager hired in California. Mr. Kosmont, thank you for all your work.
We truly appreciate the relationship that we have not only with Caltrans, but more importantly, their partner SANBAG (San Bernardino Associated Governments). Having sat on the new Measure I committee in 2005 (as I remember), San Bernardino County voters passed a nearly $6 billion± highway improvement bill projected for 30 years. We can truly see the amount of work that SANBAG and their partner Caltrans is doing by the I-15/I-215 Interchange and by the I-15 resurfacing.
We have enclosed information that we have received from our friends at the State of California Employment Development Department that show the relationship between unemployment rates and total industry employment in the High Desert region comparing 2009, 2010, 2011, 2012, and 2013. 2014 preliminary numbers are still in the midst of being adjusted and will be for the next few months.
I would be a little unbiased if I didn’t compliment my friend and a gentlemen who I enjoy working with, Mr. Robert Sewell, the Director of Marketing and Public Relations at Victor Valley Community College District where I now serve as President of the Board of Trustees. We have a great institution and have recently submitted our updated accreditation, which I strongly suspect will receive a positive response before July 1, 2015. I would like to thank Mr. Robert Sewell, who took over for our long-time friend Mr. William Greulich, who has since retired, and is enjoying playing golf, spending time with his grandchildren and his family. I would like to thank Mr. William Greulich for all that he did at Victor Valley Community College, and for all the wisdom that he showed me in my early years as a Trustee.
I also wish to re-welcome our new President and Superintendent Dr. Roger Wagner, who was also the President and Superintendent at Copper Mountain Community College (Yucca Valley/Joshua Tree/29 Palms). He is doing an excellent job in leading our Board of Trustees and helping to reposition Victor Valley Community College as one of the premier community colleges in the state.
Lastly, we thank each one of our city partners for their economic update. It was our local cities that urged me early on that we needed a vehicle in order to properly portray the High Desert economy and the work done by each one of the cities, their Mayors, their City Managers, their Economic Development Directors. I thank each one of you for all that you do and look forward to a prosperous 2015.
To keep my opening comments as short as possible, I would like to thank each and every one of our article suppliers ,who continually make the Bradco High Desert Report the most unique economic overview of the High Desert, the longest standing publication, and the one with the most subscribers.
While we have transitioned away from publishing our report on a quarterly basis due to the protracted recession (depression), we continually see improvement in the High Desert economy and we look forward to an ever-improving 2015 year.
Lastly and most importantly, if you wish to continue to receive a copy of the Bradco High Desert Report, any statistical reports, op-ed articles that we post to our website for free, please register at our website at www.TheBradcoCompanies.com/register .
I always welcome people’s emails to email@example.com, your phone calls to 760.951.5111 Ext 101 and any comments that you have on how we can continually improve our content and our distribution. Thank you.