President's Desk

Keeping It in the (Multi)Family

A message from the global president of CCIM Institute.

Barbara-Crane-Headshot

'Tis the season for family and friends, and that includes each and every one of you. As a long-time member of CCIM Institute, I'm so grateful for this amazing global community the institute has nurtured for more than a half-century and for the opportunity to serve as your president this past year. I'm so proud of what we've achieved as an organization and through our official publication, Commercial Investment Real Estate

When you look at the commercial real estate industry, 'tis the season for multifamily year-round. According to Freddie Mac, multifamily origination volume is projected to reach $317 billion this year, up 3.9 percent from 2018, and this issue's cover story takes a deep dive into the enduring demand for this property type. 

Other features in this edition speak to related members of the commercial real estate family, including the often-ignored topic of succession planning, how REITs are leveraging blockchain, self-storage trends, and a spotlight on the year's biggest deals and deal-makers, to name a few.

I hope that you enjoy and share this issue, the last of 2019. In 2020, keep an eye out for some exciting changes to CIRE as it moves to a quarterly publication. The magazine will have a fresh, modern look with a few new surprises inside, and we'll be adding a monthly podcast to the suite of CIRE offerings. There's so much to look forward to in the new year.

But for now, my wish for all of you - my CCIM Institute family - is that you are enjoying all the gifts that come with membership - including our premier continuing education and thought leadership, our year-round advocacy efforts, numerous networking opportunities, Site To Do Business financial and market analysis tech solution, and, of course, a level of camaraderie not found anywhere else. Ours is a big family - one we celebrate not just during this special time of year, but every day of every year. 

Happiest of holidays to you and yours!

Barbara Crane, CCIM
2019 CCIM Institute President
bcrane@ccim.net

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