News: Brokerage

Squire earns CCIM

Rochester, NY Virginia Squire, managing broker of Coldwell Banker Commercial Custom Realty, and the president of the Rochester Area Chapter of NYSCAR was pinned as one of the 103 nationwide candidates to earn her CCIM designation.    CCIM, which stands for Certified Commercial Investment Member, is an international designation for commercial real estate professionals.

According to James Kelly, CCIM, president of the Upstate NY CCIM Chapter, “Virginia has a great reputation within the commercial Realtor community, and we are pleased that she is now a fellow CCIM.”

“Having been in investment real estate for over 20 years, earning my CCIM designation was just something I had to do”, said Squire. “The coursework is real life real estate and empowered me to provide my clients with far more in-depth market analysis and forecasting scenarios for all asset classes.  It is more important than ever, to understand our clients’ entire picture and to evaluate the impact their real estate decisions have. Personally, I think every deal maker in commercial real estate should at least take some coursework in the CCIM curriculum.”

To complete the CCIM education designation there is an education component consisting of a four-course curriculum, additional courses on the code ethics and deal negotiations, an application and a portfolio qualifying transactions in order to sit for the 6-hour comprehensive exam.

“It has been a long road, seven years in the works,” said Squire. "Worth every moment."

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

The anticipated effect of Basel III and ISO 20022 implementation on commercial real estate - by Michael Zysman

July 1, 2025 is the deadline for US banks to begin to adopt Basel III banking standards and July 14, 2025 is the deadline for U.S. banks to adopt ISO 20022 messaging standards. Both will have a significant effect on the banking and commercial real estate (CRE) finance sectors.
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

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
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced