Compass Commercial Real Estate was recently awarded the City of Bend Real Estate Broker of Record contract. It was awarded through an RFP process whereby all interested firms were invited to submit proposals. The top two applicants participated in a competitive presentation/interview process with City staff. Subsequently, Compass Commercial was selected and ratified by the City Council.
Compass Principal Broker Ron Ross, CCIM leads the City team with team members Pat Kesgard, CCIM, Dan Kemp, and Kerri Standerwick. Per the contract, Compass performs complex real estate activities for the City, including sales and purchases, right of way acquisitions, dispositions and appraisals, title research, due diligence services, market analysis, development feasibility studies, and property value appraisals. In addition to in-house services, Compass formulated a team of third party service providers including legal, engineering, title, appraisal, environmental management, and development professionals to assist on an as needed, on call basis.
Compass has performed similar services for the City for the last 8 years, but the scope of work expanded greatly with this latest contract.
“It is truly an honor to win this contract. Not only do we value the business, but it affords us an opportunity to make a difference in our community,” said Ross.