CCIM Writers and Readers
Two CCIMs are among the feature authors for Commercial Investment Real Estate magazine's September/October 2008 issue. Individual CCIM members sharing their expertise and experience is what sets CIRE apart from other industry publications.
With almost 30 years of commercial real estate experience, Alex Ruggieri, CCIM, shared his tips for success in “Playing the Small-Market Game.” Ruggieri is a partner with Sperry Van Ness Ramshaw Real Estate in Champaign, Ill. As is typical in small markets, Alex has developed expertise in all property types as well as extensive contacts in the local market. Along with his designation, Alex also holds an MBA in finance from the University of Illinois at Urbana-Champaign.
One of the institute's highly respected instructors, Gene Trowbridge, CCIM, JD, wrote “Group Investment Insights,” based on the most recent CCIM survey of group investment practices. Gene is the president/owner of Trowbridge & Associates in Lake Forest, Calif. He's also the author of It's a Whole New Business, a textbook on creating and sponsoring real estate investment groups. Gene's contributions to the CCIM Institute were recognized when he received the Robert L. Ward Instructor of the Year Award in 2002 and the Victor L. Lyon Distinguished Service Award in 2005.
Lodging expert Robert Eaton examines de-leveraging techniques for hospitality investments in “The Lodging Market Looks Ahead.” As executive managing director of PKF Capital in San Francisco, Bob heads a team responsible for hotel property transactions. He has more than 20 years of experience marketing lodging assets for property owners.
Award-winning CIRE Senior Editor Jennifer Norbut interviewed CCIMs and other industry experts to write this issue's cover story, “Office Optimism,” a look at how the nation's healthcare and energy industries are affecting regional office markets. Along with writing in-depth cover stories, Jennifer also works with CIRE's editorial staff, CCIMs, and other industry professionals to develop articles for the magazine.
CIRE Associate Editor Stephanie Bell culled tips from CCIMs throughout the country to write “Bankable Strategies,” which highlights the ability of CCIMs to weather the current market's stormy seas. Stephanie splits her attention between writing and editing assignments for the print magazine and acquiring and managing articles for CIRE's Web site.
On the Cover
Designed by renowned architect Cesar Pelli, 1500 Louisiana St. in Houston has had a varied history. Originally known as Enron Center South, the 40-story building was only partially constructed when its namesake company collapsed into bankruptcy. Developed by Hines, the 1.2 million-sf property cost Enron about $260 million to build but was sold to Intell Management and Investment Co. of New York for around $101 million in 2002. Today it is owned and occupied by Chevron Corp., which sbought it for $129 million or $112 psf in 2004.
What Readers Say
“I liked the group investment article by Gene Trowbridge. This had good information in it relative to current issues, questions on syndication, and sources. … ['Office Optimism' was] interesting and worth the time to read.” - Mark Lee Levine, CCIM, University of Denver, Denver
“'Office Optimism' was great. I am involved in office brokerage and I found that the article provided new avenues to work within and new ideas on how to survive in an otherwise difficult market.” - James L. Helsel, CCIM, Helsel Inc. Realtors, Lemoyne, Pa.
“Enjoyed all the articles. The [September/October] issue was well balanced between large and small markets, building wealth and understanding the concepts learned in the CCIM program.” - Michael T. McLean, CCIM, MCR, Prudential California Realty, Palm Springs, Calif.