Larkin of Larkin Commercial elected to the CCIM board of directors; Will serve a three-year term starting in January 2012
Joseph Larkin, CCIM, of Albany, was elected to the board of directors of CCIM Institute, the governing body of one of the largest commercial real estate networks in the world, at business meetings held recently.
Those elected to the board of directors are responsible for voting on policy, procedural and financial issues pertaining to CCIM Institute, its membership and education programs.
Larkin was one of 17 Certified Commercial Investment Members (CCIMs) elected to the board, which is comprised of 48 elected directors, appointed officers and past Institute presidents. Larkin will serve a three-year term starting in January of 2012.
Larkin is president of Larkin Commercial, Inc., an Albany-based commercial real estate firm. He is also an international instructor with the CCIM Institute.
The CCIM Institute is an affiliate of the National Association of Realtors. Based in Chicago, the CCIM Institute confers the prestigious Certified Commercial Investment Member (CCIM) designation to commercial real estate professionals through a curriculum of 200 classroom hours, in additional to professional experiential requirements. Currently, there are 8,000 CCIMs in 1,000 markets worldwide. An additional 8,000 practitioners are pursuing the designation.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.