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Greater Columbia Honors Real Estate Achievements at REGAL Awards Gala

Attendees celebrating at the REGAL Awards Gala in Greater Columbia

News Summary

The 36th annual REGAL Awards Gala celebrated excellence in real estate within Greater Columbia. Hosted by the Sales & Marketing Council, the event recognized outstanding contributions from various professionals, including key achievements from Banco de Bogotá and notable awards like Lease of the Year. The gala’s charming garden theme added to the evening’s allure, highlighting the community’s dedication and success in the real estate sector.

Greater Columbia Celebrates Real Estate Leaders at Annual REGAL Awards Gala

In the heart of Greater Columbia, a night of glamour and recognition unfolded at the 36th annual REGAL Awards Gala. The event, hosted by the Sales & Marketing Council of Greater Columbia (SMC), gathered the cream of the crop in real estate and related fields to honor their achievements from the past year. With a charming theme of “An Evening in the Garden”, it wasn’t just the accolades that shone but also the beautiful decorations that adorned the venue, Junction 800 on Gervais Street.

A Perfect Evening for Celebration

Guests enjoyed a delightful evening, with the weather cooperating beautifully. With a sunny sky and temperatures peaking around 75°F, it was the perfect backdrop for this prestigious gathering. As the evening wore on, temperatures dipped to a mild 43°F under a clear sky, making the occasion a comfortable one for attendees dressed to the nines in their formal attire.

Recognizing Excellence in Real Estate

The purpose of the gala was clear: to recognize the hard work and achievements within the real estate sector. From developers to marketers, professionals from all corners of the Midlands were celebrated for their contributions. Various awards highlighted the outstanding efforts of individuals and teams, casting a spotlight on those who truly excelled in their fields.

Banco de Bogotá’s Noteworthy Growth

On the financial front, Banco de Bogotá reported an impressive 20.82% growth in its real estate portfolio dedicated to housing between May 2023 and May 2024. This increase, which grew from Ps8.4 billion (around $1.9 million) to Ps10.2 billion, showcases the bank’s commitment to the housing sector, which now represents 12.05% of its total business operations.

The bank also holds a commendable 9% market share in Colombia’s housing loan sector, indicating robust involvement in this crucial industry. Their focus on social housing loans achieved a return on assets (ROA) of 1.15%, while non-social housing loans followed with a 0.84% ROA. They have been very active, disbursing over 6,300 housing loans totaling an astounding Ps460 billion via a user-friendly digital loan approval system.

Spotlight on Achievements

Turning back to the gala, one of the standout moments was the recognition of NAI Columbia team members Ben Kelly and Patrick Chambers, who snagged the Lease of the Year award. Their efforts secured a major Lowes Foods supermarket at the Platt Springs Crossing Development, a move expected to spark significant growth and stimulate local interest, adding a promising boost to the area’s economy.

Meanwhile, Colliers | South Carolina also unveiled its 2023 Rising Star Awards at their annual celebration, shining a light on new staff excellence in the region. One notable mention included Lynn Tokarczyk, recognized for supporting over 200 companies and securing tax savings that exceeded $300 million, all while contributing to the creation of approximately 15,000 new jobs.

Conclusion

The REGAL awards serve as a vital reminder of the exceptional talent residing within Greater Columbia’s real estate community. As the evening blossomed under the theme of gardens, it became more than just an event—it morphed into a celebration of dreams fulfilled and a toast to future achievements. This gathering not only honored the professionals but also highlighted the bright future of the real estate sector in the Midlands.