CCIM Institute's legislative and international initiatives are moving full-speed ahead. The Institute continues its alliance with the National Association of Realtors to amplify our voice on critical industry issues at our annual Capitol Hill Visit, held during NAR's Realtors Legislative & Trade Expo in Washington, D.C., May 9-14. Your attendance at the Capitol Hill meetings, your participation at the local and state levels, and your investment in RPAC can assist us in promoting commercial real estate concerns.
Our participation in the Washington, D.C.-based Real Estate Roundtable also increases the Institute's influence. Teya Moore, CCIM, Lou Nimkoff, CCIM, and I have joined this formidable organization. Send me your stories of legislative issues affecting your business so I can share them.
Since 2014, I have represented CCIM Institute at the CRE Finance Council, giving the CCIM leadership team valuable insights into institutional investments. Three factors stand out in 2016: minor interest rate hikes will spur more activity in sales and refinancing; tougher rules will affect construction loans; and global capital, which accounts for 25 percent of U.S. commercial real estate investments, may tighten with changes in China, Europe, and the Mideast.
Internationally, I recently attended a state of the industry forum in Taiwan, which was hosted by the Taiwan CCIM Chapter and drew 900 participants. Corporations, the banking industry, and high net worth individuals in Taiwan seek investments with good return in U.S. secondary and tertiary markets. This is an ideal opportunity to connect with CCIMs in Taiwan to develop partnerships and new transactions.
Commercial real estate is global, even if your practice is local. CCIM Institute is looking out for your best interests internationally, nationally, and locally. Your CCIM designation gives you access to 13,000 global business partners just a phone call or email away.
Steven Moreira, CCIM
2016 CCIM Institute President
email@example.com or (407) 256-9081