- Beyond the Bored Room
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Staff meetings have been known to trigger apathetic sighs and muffled yawns among company employees. In fact, some staff members view them as a mundane ritual, holding out hope that doughnuts and coffee might be offered as compensation for wasting
- Betting On Troubled Assets
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Today&rsquo s $108 billion of distressed commercial real estate reported by Real Capital Analytics has created an opening for risk takers of all sizes. Weak properties are prime targets for small to midsize investor owners who have enough cash and
- Broker Wisdom
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Success can be defined in many different ways, but according to Rod Santomassimo, CCIM, founder and president of Massimo Group, there’s no “secret” to being successful. “Great brokers learned from the advice they received from other great brokers,” Santomassimo says
- CCIM Education Evolves
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Though the term hybrid model usually evokes visions of compact cars with alternative fuel systems, the CCIM Institute has created its own unique prototype that is poised to revolutionize commercial real estate education. On Feb. 21, CCIM’s new hybrid education
- CyberSmarts
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Decades before servers were known as anything more than the folks who delivered your order in a restaurant, John M. Peckham III, CCIM, was cooking up ideas about the role technology might play in the commercial real estate industry someday.
- CCIM Spotlight: Class Act
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By nature commercial real estate brokers are always looking forward researching the next hot market, networking with potential clients, or seeking out that must have listing. But John M. Crossman, CCIM, of Crossman and Co. in Orlando, Fla., also looks
- Corporate Opportunities
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Editor's note As corporations seek new ways to maximize their profits, many are finding that secondary markets offer highly productive labor forces and lower costs of operation. This changing dynamic opens new business opportunities for CCIMs in many of these
- Leading the Charge
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Despite the turbulent commercial real estate market and volatile economy, more than 900 industry and allied professionals earned the CCIM designation last year — a 59 percent increase over 2009. Though no one is predicting a rapid recovery, commercial real
- Niche Knack
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When it comes to commercial real estate brokerage, the days of trying to be everything to everyone are numbered, experts say. Instead, many commercial real estate professionals are discovering a wide range of opportunities in narrow niches. “Today's broker must
- Investor Insights
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When it comes to investing in today&rsquo s commercial real estate market, industry pro and author Kenneth D. Rosen, CCIM, founder and president of Kendar Realty in Coral Gables, Fla., has some simple advice &ldquo Stick with what you know.&rdquo
- Today’s Office Tenets
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Though commercial real estate is rapidly becoming a globalized industry, many factors affecting it remain rooted in local economies. Now more than ever, market specific drivers such as companies’ expansion plans, shadow space availability, job creation, and even traffic congestion
- Office Optimism
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There are many reasons why today's national office market is inching along at a snail's pace compared to the lightning speed it was moving at less than 12 months ago. The credit squeeze, economic turbulence, and capital market volatility are
- Retail's New Reality
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Imagine you’ve been cast to star in a new deal making reality TV show. The objective is to outwit the competition, overcome obstacles out of your control, and complete as many deals as possible — or risk elimination from the
- Business Beyond Borders
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Commercial real estate increasingly is becoming a global business. At CCIM Institute’s 2004 conference, Albert S. P. Wong, CCIM, CIPS, Silvia G. Gangel, CCIM, and Colin Fox, CCIM, participated in a roundtable discussion on conducting business in three rapidly growing
- Standing Out Online
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In the early 1990s, many commercial real estate professionals perceived the Internet as a distant technological galaxy that would never impact their daily business. Yet in less than a decade, the industry has succumbed to the Web's gravitational pull Today
- 2004 Compensation Trends
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The CCIM designees and candidates who responded to Commercial Investment Real Estate magazine's recent compensation survey provide a glimpse of their earning power in the industry. The online survey, which was conducted in April, tracked 653 respondents' annual income, income
- Written Results
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The seller’s paradise of yesterday has evaporated, leaving a bid ask gap that turns many of today’s deals to dust. To help bring sellers’ expectations in line with the current market, industry pros such as George C. Larsen, CCIM, principal
- TIC Talk
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The explosion of tenancy in common transactions has been a hot topic among commercial real estate professionals for several years now. TIC investors will purchase between $5 billion and $10 billion of real estate in 2006 alone, industry
- Team Works
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It often takes a team to cinch a commercial real estate deal, with each player bringing unique skills to the transaction. Over the years, Jane C. Doggett, CCIM, a broker with Highwoods Properties, and Carter Worthy, CCIM, broker owner of
- CCIM Spotlight: Honor Role
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Career education is a lifelong process for many commercial real estate professionals. However, for Mark L. Levine, CCIM, CIPS, MAI, director and professor at the University of Denver's Franklin L. Burns School of Real Estate & Construction Management in Denver,
- Catching a Deal
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The small fish in a big pond isn&rsquo t always a bad catch, especially when that fish offers a one of a kind investment opportunity in a top tier U.S. office market. While some commercial real estate pros might
- Brand-Name Recognition
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Establishing a unique identity in today's marketplace is a challenge, particularly in the competitive commercial real estate world. How can you stand out among the bevy of local and national companies vying for business in your market? While service and
- Tax Squeeze
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The feeble transaction market is pushing commercial real estate professionals to expand their scope to include non transaction services that clients need in today&rsquo s shaky economy. Tax consultation, particularly property valuation protests, is a recession resistant service that is
- Stay the Course
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During the past 18 months, the meager economy has drained profitability from many commercial real estate companies, leaving behind unprecedented challenges. Business models that allowed companies to weather past economic storms may not hold water in the current market &ldquo
- Let's Make a Deal
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A longtime client has asked for your help in selling one of its out of state properties. You're not licensed in that state and haven't worked with any brokers in that market. Potential buyers are ready to deal and your