A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and
investment real estate. The designation is awarded by the CCIM Institute, formerly known as Commercial Investment Real Estate Institute (CIREI) of the
National Association of Realtors
The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. it had over 1.5 million members, making it the largest trade association in the United States including NAR's institute ...
.
[ The CCIM designation was originally established by the California Association of Realtors in 1954 under the name Certified Property Exchanger (CPE).].][Commercial Real Estate Investment Institute - Resource for Facility Managers]
''facilitiesnet.com''. Accessed on April 24, 2020.
A CCIM is a resource to the commercial real estate owner, investor, and user, and is among a corps of over 9,500 professionals around the globe who hold the CCIM designation. CCIM designees live and work in the U.S., Canada, Mexico, and more than 35 other nations. International membership includes more than 1,000 professionals.
CCIMs must be proficient in the areas of investment analysis
In finance, valuation is the process of determining the value of a (potential) investment, asset, or security.
Generally, there are three approaches taken, namely discounted cashflow valuation, relative valuation, and contingent claim valuatio ...
, market analysis
A market analysis studies the attractiveness and the dynamics of a special market within a special industry. It is part of the industry analysis and thus in turn of the global environmental analysis. Through all of these analyses the strengths, ...
, user decision analysis and financial analysis
Financial analysis (also known as financial statement analysis, accounting analysis, or analysis of finance) refers to an assessment of the viability, stability, and profitability of a business, sub-business, project or investment.
It is per ...
for commercial real estate. In 2007, CCIM Institute launched the Robert L. Ward Center for Real Estate Studies, which offers concentrated courses on specific topics. CCIMs have access to a suite of online technology tools through the Site To Do Business, and they can post properties for sale or lease through the online CCIMNet commercial real estate exchange.
See also
*Real estate agent
Real estate agents and real estate brokers are people who represent sellers or buyers of real estate or real property. While a broker may work independently, an agent usually works under a licensed broker to represent clients. Brokers and age ...
* SIOR (Society of Industrial and Office Realtors)
References
External links
The CCIM Institute
{{Real estate
Commercial real estate
Professional certification in finance