- CCIM: The Clear Choice
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Credibility. Community. Integrity. Membership. These four words are just a few of the attributes shared by more than 13,000 CCIM members worldwide. This powerful network of industry leaders is your pathway to more transactions, new referrals, and better opportunities in
- Real Estate Gifting Realized
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This is the first in a series of articles on real estate gifting issues. Real Estate Gifting Realized, the new program launched by the Education Foundation of the CCIM Institute, facilitates the donation of real estate to charitable organizations. A
- To Lease or not to Lease?
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A principal goal of corporate management is to make a business worth more than the cost of its underlying assets. To create such shareholder wealth, management has three levers at its disposal asset efficiency, operating efficiency, and capital efficiency. Asset
- Classic Education
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By most accounts, 1969 was a year of historical milestones Neil Armstrong took his landmark stroll on the moon, more than 400,000 people gathered for the first ever Woodstock music festival, and a progressive group of young commercial real estate
- Residential Resurgence?
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“When Warren Buffett and Sam Zell comment about distressed single family homes being one of the best investment opportunities in the market, people tend to listen,” says Ken Wimberly, CCIM, managing director of Noble Crest Property Group KW Commercial in
- 2012’s Top Technology
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Robert Rein, CCIM, associate vice president at NAI REOC Austin in Austin, Texas, started with the iPad. After his BlackBerry died a little over a year ago, he completed his Apple conversion with the iPhone. “Everyone is looking for a
- Negotiate to Win
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I used to think that I was a good negotiator. I thought that I had been born with an instinctive knack for negotiation, imbued with gifts that made me capable of representing my clients better than anyone else out there.
- Excel-lent Apps
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Speed and portability make tablets a good laptop substitute for commercial real estate professionals, but they lack some essential business apps that would make them the ideal on the go tech tool. Among these is a native Microsoft Excel app
- Market Trends
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Banks Take It Slow Banks will continue their slow deleveraging act for at least another year, according to Emerging Trends in Real Estate 2013, holding troubled assets while waiting for values to inch up. “As long as loans are current,
- 2013 Strategic Plan
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As 2013 gets underway, CCIM Institute’s 2013 President Wayne D’Amico, CCIM, senior managing director of Re Max Right Choice Commercial & Investment in Trumbull, Conn., plans to continue building momentum for the CCIM designation — and the
- Good as Gold
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In 1997, J. Wesley Daniels Jr., CCIM, founded a boutique firm in Atlanta that specialized in urban public private partnerships and transit oriented developments. With a knack for securing grants and rezoning approvals, Daniels’ project list ranged from runway expansion
- Regional Outlook
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South Miami’s Big Deal Lincoln Road Mall was one of the top acquisitions in 1H 2012, as Vornado Realty Trust JV paid $1,039 psf, or $132 million total, according to Real Capital Analytics, purchasing the 13 year old center from
- Strategic Leader
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"Since my first course back in 1989, the number of deals I can directly attribute to CCIM relationships are too numerous to count,” says the CCIM Institute’s 2013 President Wayne D’Amico, CCIM, senior managing director with
- Deal Makers
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The Biggest Deal Mark Illsley, CCIM, of Oregon Commercial Realty in Central Point, Ore., negotiated the $33 million sale of a 304 unit multifamily property in Riverside, Calif., from Parkside Village Apartments LLC to Colony Student Housing LLC. Industrial Big
- Apartment Hunters
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Apartment investors are on the hunt. And they’re moving beyond trophy properties into unfamiliar territory in hopes of a rare catch. In 1H2012, secondary markets posted a 38 percent year over year increase in multifamily transaction volume, followed by tertiary
- Nervous TIC
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For many years I have written articles on the implications if tenant in common interests are determined to be securities. One such concern is whether TIC interests can be employed in tax deferred exchanges. Historically, a taxpayer might have exchanged
- Retail Therapy
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The climate for retail real estate deals is improving around the country, as pricing stabilizes and it becomes somewhat easier to forecast the performance of a retail center. With more sellers realizing that now might be a good time to
- International Beat
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Canada’s Big Deal The Bank of Nova Scotia sold its landmark Toronto tower for $1.27 billion, the largest price ever paid for a Canadian office property. Dundee and H&R REITs partnered to buy the 68 story, 22 msf Scotia Plaza,