News: Brokerage

MailBridge is a proven valuable tool for designees

Launched in 2008, the opt-in CCIM MailBridge email network open to designees has been a rousing success. Here are some statistics based on mid-January usage: * A total of 5,826 designees have opted into the service; * From a cumulative perspective, a total of 14,314,782 messages have been sent. (Yes, that's more than 14 million!); and * Of the individual messages pertaining to properties for sale or lease, 2,037 were for properties offered between $1 million and $10 million. The primary purpose of MailBridge is to: * Promote commercial properties for sale, lease or exchange; * Request commercial property-related advice, insight or referrals; and * Post relevant real estate and business-related questions or responses. CCIM Networking Series: Networking, Education and Technology! Beyond the theme parks, there's much more to do this March in Orlando. That's because Orlando will be the host city for the kickoff event offered as part of Opportunity 2009: CCIM Networking Series. Make plans to spend a dynamic two days March 5-6 at the Doubletree Hotel in Orlando. The focus will be on multifamily and investment properties. Count on informative presentations on how to maximize STDBonline and an interactive session on "Real Estate Analysis Using Excel" offered through the Robert L. Ward Center for Real Estate Studies. And, of course, there will be property networking sessions and a relaxing social event. Are You an Expert? CIRE Magazine Wants to Hear From You Commercial Investment Real Estate magazine is looking for industry experts to be interviewed for upcoming articles on retail, corporate real estate, and foreign investment in the U.S. If you have experience in any of these areas and would like to participate as a source, please contact the senior editor Jennifer Norbut at the CCIM Institute. Experience Success Series 2009 Do you want to follow the money and beat the credit crisis? Build new relationships through 11 hours of dedicated networking? Know what to expect in the new economy? Learn the business benefits of social networking? Find out what made Wal-Mart a retail powerhouse? Talk real estate and sharebest practices with hundreds of prospective business partners? You will at CCIM & IREM Success Series 2009, October 16-17, in Honolulu, Hawaii. Plan now. Register now. And save $300! Joe Larkin, CCIM, CIPS, SIOR the 2009 education presidential liaison for the CCIM Institute, served as 2008 vice president of the NYS CCIM chapter and is on the board of directors of the CCIM Institute, Albany, N.Y.
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Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Multi-generational multifamily owners - who’s in and who’s out - by Shallini Mehra and Amit Doshi

Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

Navigating the changing landscape of hotel Property Improvement Plans and conversion brands - by Andrew Cameron

When owners are due for a significant Property Improvement Plan (PIP), they must carefully evaluate what the best course of action is. Over the past five years, major hotel brands have become significantly more flexible with their PIP schedules.