As the COVID-19 pandemic takes its toll on business and industry in Arizona, in the spirit of being stronger together, the state’s two CCIM chapters have united in support of the commercial real estate industry.
Collaboration between the two chapters – Central Arizona CCIM and Southern Arizona CCIM – has included:
-Regional activities as well as economic updates from CCIM Institute Chief Economist, K.C. Conway, MAI, CRE, CCIM.
-Meaningful e-connection in support of chapter members and sponsors.
-Hosting webinars with relevant and timely content, increasing both chapters’ reach beyond the state. Content has included lender landscape; Arizona Commerce Authority incentives and opportunities; lease language and negotiations; insurance provisions; construction updates; and asset sector updates to name a few. These webinars are free and open to the community at large.
-It’s not been all work. The chapters sponsored “Zoom Bingo” complete with prizes and have planned an upcoming virtual event “Deals and Drinks”.
-The chapters have sponsored educational opportunities through continuing education renewal classes as well as on-line Ward Center and core classes through the CCIM Institute.
“From the global platform to the local market, CCIM has provided unity and support that is critical in these tenuous times,” said Central Arizona CCIM Chapter President Marina Hammersmith, CCIM, Senior Vice President, ORION Investment Real Estate. “The collaboration between our chapters has been exemplary, and we’re thrilled to see our members continue to close deals.”
The CCIM Institute confers the Certified Commercial Investment Member designation. To earn the CCIM designation, commercial real estate professionals must complete more than 160 hours of case-study driven education covering topics such as interest-based negotiation, financial analysis, market analysis, user decision analysis, investment analysis, and ethics in commercial investment real estate.
Candidates must also compile a portfolio demonstrating the depth of their commercial real estate experience and pass a comprehensive examination.
“In these ever-changing and uncertain times, without the ability to get together for our usual meetings, it has become more important than ever to provide our members with critical information,” said Craig Finfrock, CCIM, Managing Member, Designated Broker at Commercial Retail Advisors in Tucson and CCIM’s Region 2 First Vice President. “The Central Arizona Chapter has been a leader in this area so it was an easy move to align ourselves with them.”