The CCIM Foundation continues its tradition of granting scholarships to deserving students and real estate professionals with its newest scholarships: Utah CCIM Chapter - Joseph Florence CCIM Scholarship; Nimkoff Family CCIM Scholarship; D. Jeffrey Lenn, Ph.D. Memorial Scholarship; and Ohio CCIM Chapter - Shadd J. Phipps, CCIM Scholarship. With the newest scholarships, the CCIM Foundation now has 109 fully funded scholarships.

“These newest named endowed scholarships are a clear indication of our members' continued commitment to commercial real estate education,” says CCIM Institute President Robin L. Webb, CCIM. “It is exciting for the CCIM Foundation to have even more opportunities to provide funds to assist CCIM candidates.”

Posted on Oct. 10, 2017

CCIM Institute announced it has named Kiernan “KC” Conway, MAI, CRE, as its chief economist. Conway is the director of research and corporate engagement at the Alabama Center for Real Estate (ACRE) housed within the University of Alabama's Culverhouse College of Commerce. 

“KC Conway is a widely respected economist with extensive experience in commercial real estate investment,” says 2017 CCIM Institute President Robin L. Webb, CCIM. “His decades of research and expertise in the global capital markets, underwriting, analysis, and the regulatory environment is a welcome addition to the knowledge base of CCIM Institute, its instructors, and its members.”

Posted on Oct. 24, 2017 CCIM Institute honored Thomas Nordstrom, CCIM, of Venice, Fla., with the Susan J. Groeneveld, CCIM, Visionary Award during the organization's Annual Governance Meetings in Toronto, Oct. 14-18. Multiple CCIM leaders lauded Nordstrom for his vision, dedi

Posted on Oct. 24, 2017 CCIM Institute, one of the largest commercial real estate networks in the world with chapters in more than 30 global markets, announced its 2018 leadership team at the organization's global conference in Toronto, Oct. 14-18. CCIM Institute confers

Enhancing membership, increasing collaboration with partner organizations, and nurturing global relationships dominated the agendas of the CCIM Institute Board of Directors and governing committees during the organization's Annual Governance Meetings, Oct. 14-18, at the Westin

Posted on Oct. 24, 2017

CCIM's newest 166 designees were honored by CCIM Institute and their local chapter members during a pinning ceremony and cocktail reception on Oct. 17 during CCIM Institute's Annual Governance Meetings at the Westin Harbour Castle in Toronto. The new CCIMs hail from 39 states, the U.S. commonwealth of Puerto Rico, and Canada, with the highest concentration in Texas, Florida, and California, and have varying years of experience and work in all aspects of the commercial real estate profession.  

“Earning the CCIM designation occurs only after a long and arduous journey which does not end with the pinning,” says 2017 CCIM Institute President Robin L. Webb, CCIM. “It is the beginning of a new and expanded career journey for our new designees which will change their professional lives forever.”

CCIM members broadened their exposure and prestige with nationally based prospective clients by reserving tables in the 2,400-square foot CCIM Institute exhibit booth at ICSC RECon 2017, May 21-24, in Las Vegas.  “Using the resources of CCIM Institute at ICSC ReCon to reinf

More than 80 CCIM members from across the U.S. participated in the annual Capitol Hill Visit, held during National Association of Realtors Legislative & Trade Expo in Washington, D.C., May 14-19. CCIM Institute's legislative initiatives such as Internal Revenue Code 1031 l

CCIM Institute congratulates Sandy Benak, CCIM, Barbara M. Crane, CCIM, and Soozi Jones Walker, CCIM, on their selection as three of 40 Women in Real Estate award winners by Connect Media. They were selected from a pool of more than 450 nominations for their talent, drive, and fresh ideas. Ten honorees were selected from California, Texas, and New York, with ten additional national winners outside of those states.

“There was a time when there were very few women in the industry,” says Crane. “But women are now helping to shape the future of commercial real estate.”

CCIM Institute congratulates the 18 CCIM designees on their selection as 2017 National Commercial Award winners presented by the National Association of REALTORS® for excellence commercial real estate: Frank Amodio, CCIM; Adrian Arriaga, CCIM; Tim Blair, CCIM; Robert Brissie Jr., CCIM; Barbara Davis-Hassan, CCIM; David Denton, CCIM; Louise Frazier, CCIM; Edward Gallacher, CCIM; James Creswell Gardner III, CCIM; Lynn Harris, CCIM; Jeff Hoffman, CCIM; James Lyons, CCIM; Brent Miller, CCIM; Alex Ruggieri, CCIM; Carl Russell, CCIM; Jose Serrano, CCIM; Jim Smith, CCIM; Steven Zacher, CCIM. 

Posted on July 30, 2016 As baby boomers start to age, the need-based facility market holds steady. With an excess of institutional and public capital at the start of 2016, the senior housing market began the year with a slight pause but has now steadied and is poised for l

Magazine insert highlights innovative chapter marketing.   Branding CCIM and its chapter through a 32-page popular, local magazine insert is one of the primary marketing strategies for the Southern Nevada CCIM Chapter.  This annual CCIM Chapter insert in the Ne

As Canada's largest REALTOR® trade show and conference, REALTOR® QUEST, May 10-11, at the Toronto Congress Centre attracted more than 8,000 real estate professionals and 250 exhibitors. CCIM members from across Canada attended this year's trade show and conference hosted by th

Posted on Sept. 26, 2017 “Operation PowerAide” to deliver generators and essentials to Puerto Rico CCIM members and their families. The Florida CCIM Chapter has initiated a disaster relief campaign to deliver immediate assistance to Puerto Rico CCIMs and their famili

Young Vermont professional balances career success with community service. Stephanie T. Hainley, CCIM, originally came to Vermont for college with plans to return to her native state of Rhode Island upon graduation. But after more than 10 years, Hainley finds herself firm

Commercial real estate's premier professional organization establishes a partnership with Fordham University's Real Estate Institute

CCIM Institute is collaborating with Fordham University's Real Estate Institute to offer its designation curriculum in New York City. The cornerstone of the CCIM Institute program, the designation curriculum is designed to equip commercial real estate professionals and students in the New York City market with the skills needed to profit in the ever-changing commercial real estate industry. 

“The partnership formed between Fordham University and CCIM Institute creates a unique educational opportunity for those wishing to further develop or pursue a career in commercial real estate,” says CCIM Institute Senior Instructor Stanley A. Gniazdowski, CCIM.   “These courses bring a unique opportunity to link academia with real-world application and experience.”

In a successful initiative last September, the Southern Arizona CCIM Chapter's 2017 “Rookies and Rock Stars” program matched designees with a group of University of Arizona students to expose them to CCIM Institute courses. Along the way, the event bolstered chapter membership, benefited chapter designees, and helped forge stronger ties with local universities.

Since its inception three years ago, the CCIM Institute Deals and Drinks event has grown to become one of the most popular networking events held during CCIM Institute meetings. During the 2018 Midyear Governance Meetings in Tampa, Fla., Deals and Drinks drew its largest crowd to date with an increase in international attendees and its greatest variety of investment opportunities.

“It's been our team's goal to provide additional fun opportunities to network and engage at all of our governance meetings,” says 2018 Networking Subcommittee Chair Carmen Austin, CCIM. “And Deals and Drinks is a relaxed and exciting mix of lively people that want to engage, network, and share their listings, needs, or experiences."

CCIM Institute's newest 164 designees were honored by CCIM Institute and their local chapter members during a pinning ceremony on April 11 during CCIM Institute's Midyear Governance Meetings at the Grand Hyatt Tampa Bay in Tampa, Fla. The new CCIMs have varying years of experience and work in all aspects of the commercial real estate profession. They hail from 37 states and Canada.  

The CCIM designation is considered the most rigorous commercial real estate professional designation to obtain due to extensive coursework, a peer-reviewed commercial portfolio, and a final comprehensive exam lasting six hours. Five years is average time to complete the CCIM designation requirements. 

New tariffs bring short-term concerns for U.S. commercial real estate development.

Fulfilling his 2016 campaign pledge to impose tariffs on steel and aluminum, President Trump formalized a 25 and 10 percent tariff on steel and aluminum, respectively, last week. Coupled with recent fluctuations in hard and soft development costs, questions remain whether a tariff will produce a real price increase or if non-tariffed materials will fill demand domestically. 

“A tariff resulting in less competitive pricing for steel and aluminum can certainly increase development costs,” says Professor Jeff Englestad, Ph.D, FRICS, CCIM, of the University of Denver's Burns School of Real Estate and Construction Management. “But keep in mind that this is a subset of one of the many development costs in a domestic development project.”

As the largest and most comprehensive networking and educational event of its kind in the state, the 26th Annual CCIM/IREM Real Estate Forecast, Jan. 26, attracted more than 650 real estate professionals. Sponsored by the Hawaii CCIM Chapter and IREM Hawaii, venue capacity is regularly capped out each year.

CCIM members and leaders met with multiple global industry participants at MIPIM, March 13-16, in Cannes, France. With an emphasis on showcasing CCIM Institute coursework offerings and its international networking platform, CCIM shared a booth with SIOR, leveraging both organizations' strong commitment to global membership and growth.

“To be a truly global real estate organization, we must be ingrained into the international commercial real estate world,” says CCIM Institute President David P. Wilson, CCIM. “Attending MIPIM affords us the opportunity to meet with many commercial real estate investors from all over the world in one place at one time.”

During its March Federal Open Market Committee (FOMC) meeting under new chair Jerome Powell, the Federal Reserve raised its key interest rate on Wednesday by another 25 basis points from 1.5 to 1.75 percent. This is the sixth rate hike since December 2015 typically signaling higher cap rates and lower property prices. 

“The economic outlook has strengthened in recent months,” the Fed said in its post-meeting statement Wednesday, adding that the U.S. economy can expect even faster growth and lower unemployment ahead. The Fed is expected to hike rates three more times in 2018. 

During CCIM Institute's 2018 Midyear Governance Meetings in Tampa, Fla., the CCIM Foundation presented awards for five new fully funded named endowed scholarships, along with a previously matched scholarship. 

“Our scholarship program continues to grow with the total number of chapter associated scholarships now at 112,” says 2018 CCIM Foundation President and 2018 CCIM Institute President-Elect Barbara M. Crane, CCIM. “I congratulate the newest honorees and chapters.”