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S1E2: The Idaho land rush, housing and meeting the needs for development.

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The pandemic created the perfect storm for accelerating relocation across the nation with Idaho ranking in the top 5 locations for 2021 hottest real estate markets.

In this episode you will hear from land brokerage advisors, John Starr and Jimmy Roumanis, as they discuss the sectors of the market that are driving this growth.  They will also add insight into the next opportunity of land and what the developers and the state of Idaho are doing to enable growth while prices continue to soar in both commercial and residential development.

 


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Jim Shipman

Managing Owner | Market Leader

Boise

Jim serves as the Managing Partner and Market Leader for the Colliers Idaho offices (Boise, Nampa, Twin Falls, Idaho Falls and Pocatello). In this role, he oversees all aspects of the brokerage and property management services, business development and departmental objectives. Jim is licensed as a Broker in Idaho, Utah, Wyoming, Montana and Oregon, providing clients access to multiple markets throughout the West. 

Prior to joining Colliers, Jim was an Executive Vice President & Partner at Phillips Edison & Company.  Based in Salt Lake City, Utah, Jim helped complete over $300M of ground-up development and acquisition of net-lease properties throughout the United States.  

Jim was CEO and President of HGM Medical Lasers based in Salt Lake City, Utah which manufactured and distributed lasers worldwide. He oversaw all aspects of the business, including procurement, manufacturing, engineering, regulatory compliance, sales & marketing and accounting.  He increased value of the company tenfold at the time of the sale and was honored with a nomination for the Ernst & Young Entrepreneur of the Year award for the turn-around of the business. 

Jim’s professional experience also includes 25 years as an attorney practicing almost exclusively in real estate services.  He practiced with Isaacson, Rosenbaum, Woods & Levy in Denver, Colorado and Parsons Behle & Latimer in Salt Lake City, Utah. 

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John Starr

Land Brokerage Services

Boise

John began his real estate career in Nampa, Idaho, buying and remodeling residential properties while still in high school. After college, he spent two years in Seattle working for Seattle Pacific Realty in leasing and land acquisition. John was selected as a 2021 Everest Club honoree, an award honoring the top 10% producers in the United States.  

Upon his return to Boise, he worked for the Idaho Housing Agency as their Commercial Loan Underwriter and was the sole underwriter for the Section 42 - Low Income Housing Tax Credit program.  He also helped write the manuals for that program in the state of Idaho.  During the 1990’s, John built up a thriving property management business, managing 350 residential units and 40,000 square feet of commercial space. He sold the business after six years and did consulting work for multi-family properties in Boise, Montana, Wyoming, and Utah.

Prior to joining Colliers, John was the Director of Land Acquisition for the Hubble Group’s land development branch, Providence Development Group. Hubble is consistently the number 2 home builder in Idaho.

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Jimmy Roumanis

Land Brokerage Services | Partner

Boise

Jimmy began his real estate career in Ann Arbor, specializing in retail leasing and investment sales. Through his college years and beyond, Jimmy excelled with financial and legal institutions across the nation, including: Brunelle and Hadjikow, P.C., a securities litigation firm in New York City, Toth Baldridge Van Belkum & Felty P.C., a medical malpractice firm in Michigan, American Express Financial Advisors in Chicago, Illinois, and A.G. Edwards & Sons Investment Inc. in Michigan.

With these companies, Jimmy gained the skills and experience necessary to please his clients. Since joining Colliers, Jimmy has been involved in various land acquisitions, site selections, and land assemblages, representing Idaho’s most notable land owners and developers. As one of Colliers’ leading land experts, Jimmy is a trusted and well-versed advisor. 

Since joining Colliers, Jimmy has been involved in and specializes in land acquisitions, site selections, and land assemblages and was selected as a 2021 Everest Club honoree, an award honoring the top 10% producers in the United States.  

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