Finland’s Big Deal Stockholm based private equity firm NIAM is confident about the future of Helsinki’s office market. The firm purchased a portfolio comprised of 15 office and two retail properties in the city totaling more than 100,000 sm at

Jim Helsel, CCIM, SIOR, CPM, a commercial Realtor from Camp Hill, Pa., wants CCIMs to understand why the Realtors Political Action Committee and the Realtor Party matter to their businesses. “While CCIMs are earning a living in today’s challenging commercial

It’s my privilege to serve as 2013 CCIM President in this pivotal year for commercial and investment real estate. The Institute will focus on promoting the CCIM designation worldwide and the value CCIMs bring to the marketplace. Last year CCIM

West San Diego’s Big Deal The aptly named DiamondView Tower — whose 15th floor skybox overlooks the San Diego Padres field — sold for $121 million, the area’s largest single office building sale for 2012, according to CBRE, which handled

The Biggest Deal Clint L. Sherwood, CCIM, and Craig D. Timmins, CCIM, of Investment Properties Corp. in Naples, Fla., represented FTC Naples in the more than $49.9 million sale of a 161,000 sf office property in Naples to an undisclosed

Economic DriverAs the newly elected 100th president of the Michigan Association of Realtors, Bill Milliken, CCIM, CIPS, president of Milliken Realty Co., in Ann Arbor, intends to engage the state’s Realtor community “to broaden its horizons and reach out for

You’re the owner of a commercial real estate property. One of your tenants is experiencing financial difficulty, falls behind in paying its rent, and then files for bankruptcy. The following questions and answers cover what you can and should do

It’s safe to say there won’t be a movie made about the founding of LinkedIn. It has more than 187 million users. Facebook has more than 1 billion. LinkedIn was founded in a living room, not a dorm room. And

Despite the difficult economy and market challenges during the past four years, self storage as an asset class has continued to provide solid performance and stable returns for investors. Once dominated by mom and pops, or small, independent owner operators,

With commercial property loan defaults still a reality in today's sluggish economy, lenders are increasingly opting to sell distressed properties through a rents and profits receiver instead of pursuing other remedies, such as workouts, deeds in lieu, and foreclosures. By

This second article in a series on real estate gifting issues covers outright donations, various requirements for a donation to be tax deductible, and bequests. Commercial real estate professionals and their clients should consider all options when discussing the charitable

With the real estate collapse several years behind us, the industry has been riding a wave of available distressed commercial properties. But this groundswell of opportunity also brings a groundswell of risk. Knowing what to look for can ensure that

Commercial real estate professionals have done their best to ride out the economic storm and the deep real estate recession. The focus for many professionals has simply been staying afloat, as opposed to moving careers forward. However, that tide may

As the newly elected president of the Michigan Association of Realtors, Bill Milliken, CCIM, CIPS, president of Milliken Realty Co., in Ann Arbor, has set his sights on expanding Michigan’s international business and trade opportunities, which will have economic benefits

2013 Construction Uptick Although nonresidential construction was subdued in 2012, commercial construction spending will accelerate by 5.2 percent this year, according to Associated Builders and Contractors. Office construction spending is expected to rise 10 percent, with lodging up 8 percent,

Investors who manage their own small properties have only three small problems tenants, money, and time. And for professional third party property managers who handle small properties, add landlords to that list. Those challenges cropped up most frequently in an

Value oriented real estate investors believe that real estate assets have an underlying intrinsic value that can be determined by analysis and evaluation. Opportunities for profitable investments arise when the asset’s purchase price is below its intrinsic value. Value investors

As a pillar of education in the commercial real estate industry, CCIM Institute has helped thousands of members advance their careers and expand their business opportunities. In the early 1990s, the Institute formalized the Education Foundation of the CCIM Institute,

As Americans struggle with the realities of a new normal — including slow economic growth, a $16 trillion debt load that has prompted new warnings by the major credit rating agencies, volatility throughout the world, and waning job growth —

In October 2012, commercial real estate professionals descended upon the Paris Hotel & Casino in Las Vegas for the annual CCIM Live conference. In her opening presentation Mayor Carolyn Goodman described the city as “the place to be.” For those

IndustrialKenneth A. Shebib, CCIM, of Colliers International in Edmonton, Alberta, negotiated the more than $2.6 million sale of a 5,217 sf industrial property in Fort McMurray, Alberta from Kuusamo Developments to Metalcare. Shebib also negotiated the more than $2.5 million