- 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
- 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
- Financing’s Revival
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As much of the commercial real estate market waits in the wings for a cue, multifamily deals continue to capture the spotlight. But as the drama of the economic recession begins to lift, financing sources are auditioning new players for
- International Expansion
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As commercial real estate continues to evolve into a global industry, CCIM members such as Michael T. Tseng, CCIM, CRE, CRS, chief executive officer of REPro International in Taipei, Taiwan, are helping to expand the designation’s presence worldwide. The first
- International Insider
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While the economy is hampering transaction volume nationwide, international investors remain active and ready to make deals in prime U.S. markets. LyLy Lê Fisher, CCIM, CIPS, broker owner of Fisher & Co. Real Estate in Austin, Texas, specializes in
- Dynamic Duo
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With the company motto, “Performance Not Promises,” Commercial Executives Real Estate Services in Las Vegas has made a commitment to deliver. And that’s exactly what Soozi Jones Walker, CCIM, SIOR, and Bobbi Miracle, CCIM, do for their clients. The mother
- 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
- Learn to Earn
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Though he started out in commercial real estate by managing one 440 unit apartment complex, Beau Beery, CCIM, CPM, vice president of commercial real estate with AMJ of Gainesville in Gainesville, Fla., &ldquo quickly became enthused about the financial potential
- The Education Edge
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After many successful years negotiating leases from the landlord&rsquo s side of the table as a regional executive for national and international commercial real estate organizations, Debra Stracke Anderson, CCIM, SIOR, saw a niche opportunity hidden among the corporate giants&rsquo
- Mapping Out the Market
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Distressed is the word almost anyone would use to sum up the current commercial real estate market. But CCIMs like Ron Opfer, director of commercial assets for Coldwell Banker Premier Realty in Henderson, Nev., choose not to view the down
- Retail Returns
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Despite the retail market’s slow trek toward recovery, Carmen R. Austin, CCIM, associate broker at Saurage Rotenberg Commercial Real Estate in Baton Rouge, La., sees a lot of opportunity in this struggling sector. Infused with energy from this year’s International
- Hired Learning
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With large numbers of generation X and Y members entering the workforce and baby boomers remaining in the workplace well into their sixties, internships and mentorships are good stepping stones in the current job climate. Commercial real estate especially is
- Blogger's World
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When Eric Fuhrman, co developer of eMetro Investments and an affiliate broker with Crye Leike Commercial in Memphis, Tenn., and Dan Whipple, CCIM, co developer of eMetro Investments and president of Crye Leike Commercial, read an article proclaiming the potential
- The Corporate Climate
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Spurred on by the unyielding economic malaise, corporations have retooled their real estate portfolios along with their business plans. Some are capitalizing on a scarcity of competition by expanding operations, while others are weathering the storm by consolidating investments and
- 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
- 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
- Wrangling Opportunity
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Just as the golden leaves of the Aspen trees blanketed Colorado’s Rocky Mountains last fall, the U.S. financial markets began a historically rapid descent into dormancy. Why then would John Meltzer, CCIM, CRE, president of Meltzer Properties in Ouray, Colo.,
- Power of the Pin
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Though he is based in the small market of Champaign, Ill., Alex Ruggieri, CCIM, vice president of Sperry Van Ness Ramshaw Smith Co., knows the value of thinking big. Ruggieri, who consistently ranks in Sperry Van Ness&rsquo top 10 percent
- 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
- 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
- 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
- Corporate Perspectives
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It's time for American corporations to take a closer look at their portfolios, says Michael Condon, senior vice president of corporate services for Colliers Seeley International in Los Angeles. Ensuring that their business plans are aligned with their real estate
- Las Vegas Leader
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Although residential overstock and dependence on the broader U.S. economy keep Las Vegas’ commercial real estate recovery at bay, some major office and industrial tenants are placing their bets in the still challenged market. What’s the upside? “Las Vegas is
- Driven to Improve
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Robert Thornburgh, CCIM, CPM, SIOR, the immediate past president of the Society of Industrial and Office Realtors, discusses e-commerce’s impact on commercial real estate.
- Cross-Border Opportunity
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Q&A with Guadalupe Garcia, CCIM, PIC
Our neighbor south of the border is investing in U.S. markets at a healthy pace, all while Mexico's own economy continues to grow. The Mexican economy is the 15th largest in the world in nominal terms and the 11th largest by purchasing power parity, according to the In