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Investment Member The CCIM Designation The Certified Commercial Investment Member (CCIM) is recognized as the best in the business, an expert in the disciplines of commercial real estate brokerage, asset management, valuation, and investment analysis. The CCIM is an invaluable resource to the real estate investor and to the commercial user, and is among an elite core of nearly 4,000 professionals across North America who hold the CCIM designation; the "Ph.D. of commercial real estate." Candidates for the CCIM designation are required to complete an extensive curriculum incorporating core courses and elective courses, comprising approximately 200 classroom hours. This core/elective program offers a broader selection of education to the student and appeals to all professionals involved in the industry. Following the course work, candidates must submit a resume' of qualifying transactions and/or consultations showing a depth of experience in the commercial investment field. After fulfilling these requirements, candidates must successfully complete a comprehensive examination to earn the CCIM designation. This designation process insures that CCIMs are proficient not only in theory, but also in practice. Only five percent of the estimated 80,000 commercial real estate practitioners nationwide hold the CCIM designation, which reflects not only the caliber of the program, but why it is one of the most coveted and respected designations in the industry. The CCIM membership network mirrors the increasingly changing nature of the industry and includes brokers, leasing professionals, asset managers, investment counselors, commercial lenders, mortgage bankers, institutional investors, appraisers, developers, property managers, corporate real estate executives, accountants, attorneys, and financial planners. In an average calendar year, CCIMs successfully complete approximately 60,000 transactions representing over $27 billion. Certified Commercial Investment Members are in more market places in North America - 12 CCIM regions representing 1,000 cities - than all major real estate companies combined. Regions and chapters provide designees and candidates the opportunities to promote business and educational goals through local and regional forums and meetings. Resume of Transactions & Comprehensive ExaminationFor more information on preparation of the Resume of Transactions and to confirm dates and deadlines for CI Course Concepts Review and the Comprehensive Examination, please contact 800/547-3543, ext. 2417. CurriculumThe Florida CCIM Chapter offers courses throughout Florida. Registration is open to all individuals who have an interest in pursuing a career in commercial real estate.To register for courses, call 800/669-4327. For additional information, call 800/547-3543. The Advantages The CCIM Designation Program will prepare CCIMs to identify their clients' commercial and investment real estate needs and satisfy them. Their skills enable them to: * Assist clients in establishing investment goals * Compare real estate with other investments for an accurate measurement of potential after-tax yield * Conduct comprehensive site analysis * Evaluate market and financial feasibility * Evaluate and negotiate real estate financing * Act as a liaison with a client's accountant and attorney regarding real estate matters * Structure tax-deferred exchanges of real estate * Perform lease/purchase analysis DevelopmentA CCIM is trained in the entire real estate development process, whether the project is a shopping center, industrial park, office building, or apartment complex. A Certified Commercial Investment Member can analyze how a proposed development will match the current market needs, and can help select the proper site for the development. A CCIM can assist in obtaining financing, and can design and implement a successful marketing plan to sell and/or lease the project. Market Analysis and StudiesThe CCIM knows the local marketplace. This knowledge is invaluable in evaluating the area for the proposed development or relocation. A CCIM considers location and how it will "work" for a client. To do this, they conduct population, demographic, retail supply and demand studies. They apply their knowledge of trends, make judgments based on data and provide interpretations of their findings. A CCIM recommendation helps a client make a final decision about a site or proposed expansion. Site SelectionWhether they are acquiring land to build on or buildings to convert to new uses, clients need help in selecting the best location for an apartment complex, retail outlet, industrial development, franchise, or office building. CCIMs work with clients to determine the most advantageous location for a given business or residential complex. CCIMs' knowledge of the marketplace is invaluable in analyzing local traffic flow, zoning regulations, availability and pricing of the site. Major food and restaurant chains and all types of franchise operations regularly turn to CCIMs for help in choosing the best site for their next business location. LeasingCCIMs are trained to play a primary role in leasing. Their aim is to advise the client on the structure of lease agreements in order to obtain the maximum benefit for the client. They determine what provisions must be specified in a lease to meet the client's objectives including measuring and projecting necessary revenues and expenditures, and analyzing the financial impact of certain lease provisions. ExchangingExchanges involve the trading of equity in one piece of property for the equity in another piece of property. A CCIM's familiarity with IRS regulations and rulings on exchanges enables them to help investors make exchanges that may defer taxes on gains and use equity positions more effectively. SyndicationCCIMs play many roles in a syndication. They may act as managing or general partners, advise investors on potential syndications, and evaluate yields. CCIMs are thoroughly versed in tax ramifications of various kinds of syndication, and can analyze an arrangement according to an investor's goals. Investment CounselingOne of the most important services a CCIM provides is regular evaluations of an investment portfolio. CCIMs recognize that clients' needs often change. CCIMs evaluate a portfolio against a client's changing goals and objectives, to determine whether the investment is maximizing net worth and meeting the client's investment goals. Your Most Valuable Partner in Real Estate A Certified Commercial Investment Member, through an exceptional background of education and experience, is your working partner in commercial real estate. Whether your needs are in site selection and development, brokerage and leasing, valuation or investment analysis, a CCIM combines recognized expertise with local market knowledge. Find out why only 5% of all commercial real estate professionals hold the CCIM designation. Call your most valuable partner in real estate. Call your local CCIM. For a complimentary copy of the national directory of 4,200 Certified Commercial Investment Members, call 800-577-4689. For information on the State Florida CCIM Chapter call 800-547-3543. |
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