News:
Brokerage
Posted: March 19, 2010
This is the year to get your CCIM designation!
A market adjustment to the portfolio volume requirements has been implemented. This market adjustment is effective until January 1, 2012.
All other requirements remain the same. Compare the market-adjusted requirements to previous requirements on the chart.
Each candidate must document personal involvement and consummation of no less than:
1. One or more qualifying activities totaling a minimum of $30 million. A three to five page narrative for each activity will be required along with examples of the use of CCIM skill sets (i.e. APOD, IRR, Cash Flow Analysis, Lease vs Own, etc)
2. Exactly 10 qualifying activities that must total $5 million or more; with examples of CCIM skill sets (i.e. APOD, IRR, Cash Flow Analysis, Lease vs Own, etc.)
3. In the event you're not able to provide 10 qualifying activities that total $10 million or more, you must submit 20 qualifying activities without regard to total volume; with examples of CCIM skill sets (i.e. APOD, IRR, Cash Flow Analysis, Lease vs Own, etc.)
Joseph Larkin, CCIM, CIPS, MCR, MRICS, SIOR is the 2010 chapter president of the Upstate New York CCIM chapter, Albany, N.Y.
Tags:
Brokerage
MORE FROM Brokerage
Liberow and Benshar of Asset CRG Advisors arrange $18.1 million ground lease transaction for 358 Flatbush Ave. development site
Brooklyn, NY Asset CRG Advisors recently facilitated the disposition of 358 Flatbush Ave., a Brooklyn development site situated at the intersection of Park Slope and Prospect Heights overlooking Grand Army Plaza and Prospect Park.
Columns and Thought Leadership
AI comes to public relations, but be cautious, experts say - by Harry Zlokower
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Strategic pause - by Shallini Mehra and Chirag Doshi
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
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,
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
