business & professional >> sponsored by best source credit union Land Manager A multimillion-dollar business buying and selling property. L You have a large staff, yet you are personally involved. What drives you? "I just love this businessi like to develop personal relationships with institutional owners of debt and equi- ties and assist in restructuring, reposi- tioning and value creation of distressed properties. I'm proud to say I've per- sonally been involved in the acquisition and disposition of real estate worth more than $2 billion." How large is your far-flung empire? "Friedman Real Estate Group has offices in Atlanta, Ga.; Boca Raton, Fla.; Columbus, Ohio; Indianapolis, Ind.; Lexington, Ky.; Nashville, Tenn.; and Phoenix, Ariz. We deal with compa- nies like LNR, Midland, Northwestern Mutual, Capmark, CWCapital, ING, Crow Holdings and Broadway Partners. Our association with the global real estate services company of Newmark Knight Frank of New York gives us expertise in helping our clients:' Who are your largest tenants here? "Quicken Loans, Honigman Miller Schwartz and Cohn, ePrize, MARS Advertising, Centex Homes, Pulte We applaud David J. Boor and his most significant accomplishment—winning clients' trust. David has received this honor for the second consecutive year. The BLS Group UBS Financial Services Inc. Bill Carroll Contributing Writer ugging plumbing supplies around town while out of school in the summer wasn't exactly David B. Friedman's cup of tea. He was happy to help his father, Alfred (Obie) Friedman, in the plumbing business, but he dreamed of his own career. After finishing Southfield-Lathrup High and getting a finance degree from Michigan State University, he launched his career as a real estate broker in 1983. "My father instilled a work ethic in me when I was a teen. So later I knocked on doors 17 times before I con- vinced someone that I was well-suited for the real estate business — and I got a job',' says Friedman, 50, of West Bloomfield. In 1987, he and Stan Finsilver of Orchard Lake formed Finsilver Friedman Management Co., which evolved into David Friedman's Friedman Real Estate Group Inc., now in a facility with 36,000 square feet of space and 250 employees in Farmington Hills. Friedman's career as an entrepreneur took off, with Friedman real estate signs now dotting many buildings and lots here and in several states. As president and CEO, he manages more than 12 million square feet of commercial property. A typ- ical day, which might bring in 400 emails, We salute David J. Boor named to Barron's Top 1,000 Advisors David Boor, CRPC® Senior Vice President-Investments Daniel Lingeman CRPC®, Vice President-Investments Mark Steinberg, CFP®, Vice President-Investments Jonathan M. Modiano, Account Vice President 32300 Northwestern Highway, Suite 150 Farmington Hills, MI 48334 877-951-1200 David Friedman finds him wheeling and dealing with owners and brokers around the country. "We reach out to banks, insurance companies and similar institutions; and we buy and manage commercial property, remodel old homes and sell them, manage condominiums and apartments, develop business strategy for clients, actually help design their future business around their needs:' said Friedman. "The key factor here is similar to buying and selling stock. You buy property when times are bad, then sell when times are good again." Friedman recently organized Friedman Real Estate Solutions within Friedman Real Estate Group Inc., to spearhead his business. Homes, Lowe's, Allied Automotive, Cooper Automotive, CSC Healthcare and Prestolite Wire. We got Quicken Loans into its new headquarters in the Compuware Building in downtown Detroit and helped (Quicken Chairman) Dan Gilbert buy the Chase Bank Building and Madison Building down- town. We're working on other buildings for him along Woodward Avenue." You grew up in the suburbs, but are you a big Detroit booster? "I'm a strong believer in the revital- ization and future of downtown Detroit. Dan Gilbert and the other business leaders are on the right path to accom- plishing a comeback for downtown and the state. One of our problems is trying to keep young people from leaving the state. Several young employees left my company to move to Chicago, California and elsewhere. But many returned either because they couldn't get jobs there, or they felt they just didn't fit in their new city. There were no relatives or friends, a strange synagogue, etc. There's something to be said for grow- ing up and staying in a friendly atmo- sphere. I tell this to students when I Land Manager on page 30 UBS ubs.corniteamitheblsgroup Barron's is a registered trademark of Dow Jones & Co. Chartered Retirement Planning Counselorsm and CRPC° are registered service marks of the College for Financial Planning°. CFP' is a certification mark owned by Certified Financial Planner Board of Standards, Inc. As a firm providing wealth management services to clients, we offer both investment advisory services and brokerage accounts. Advisory services and brokerage services are separate and distinct, differ in material ways and are governed by different laws and separate contracts. It is important that clients understand the ways in which we conduct business and that they carefully read the agreements and disclosures that we provide to them about the products or services we offer. For more information clients should speak with their Financial Advisor or visit our website at ubs.com/workingwithus . UBS Financial Services and its affiliates do not provide legal or tax advice. UBS Financial Services Inc. is a subsidiary of UBS AG. ©2011 UBS Financial Services Inc. All rights reserved. Member SIPC. 2725 1 32_Ad_4.778x6 333_070427_SteM 1670800 JEWELERS Turn your old GOLD into CASH! We will buy ALL of your precious metals, diamonds & watches. onte see us 2940 Middlebelt Rd (At 14 Mile Rd. in the groadway Plaza) (248) 855-173 F armington Hills, Michigat, DON'T MISS THE HEALTH & FITNESS SECTION INSIDE THE JN THE LAST WEEK EVERY MONTH Call 248.351.5107 for more information June 9 • 2011 29