What is a CCIM?

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What is a CCIM?

I was a little taken aback the other day when a 34 year veteran of the commercial real estate business asked me; “What is a CCIM”?  Now he knew that the designation indicated a commercial real estate professional who has extensive training in investment property analysis, but did not realize what it took to earn the designation and how investment property analysis just begins to scratch the surface.

When you need advice on your taxes and accounting, you use a CPA.
When you need help with financial planning for investments and retirement, you use a CFP.
When you need expertise in commercial investment real estate, you use a CCIM.

A Certified Commercial Investment Member (CCIM) is a commercial real estate practitioner who has completed at least 200 hours of graduate-level education focused on the sale, lease and use of commercial real estate.  Coursework includes classes in financial analysis, market analysis, user decision analysis and investment analysis.  Additional work is completed in lease vs. own analysis, ethics, corporate real estate, and advance negotiation techniques.  Candidates for the designation must also submit a portfolio of qualifying experience showing a depth of practical knowledge in the field and successfully pass a day long comprehensive exam. This designation process ensures that CCIMs are proficient not only in theory but also in practice.

Only six percent of all commercial real estate practitioners hold the elite CCIM designation and only 172 currently practice in Pennsylvania.  This reflects not only the caliber of the program, but also why it is one of the most coveted and respected designations in the industry.

All CCIM’s have been trained to use the most comprehensive technology tools in commercial real estate.   Proprietary access to web-based application provides access to a variety of databases and reports, including demographics and maps, retail market potential, tapestry segmentation, consumer spending, business list data, flood source maps, aerial imagery, traffic counts, comparison reports, and satellite imagery.  The Site To Do Business converts raw data into valuable information, affording immeasurable knowledge to CCIMs for making the best real estate decisions on behalf of clients.

CCIM’s apply this expertise to each brokerage assignment, lease negotiation, development project, or consulting role involving every commercial property type: office buildings, industrial properties, retail space, multifamily dwellings, hotels and hotels, senior living facilities, special purpose real estate, and land.

Since 1954 CCIM’s have been recognized as experts in commercial real estate.  Today, nearly 15,000 professionals hold the CCIM designation throughout North America, Europe, Asia, and Africa. Commercial real estate users, owners, and investors recognize a CCIM as the first person to call for advice and direction in commercial real estate.

 

 

 

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