What is a Certified Commercial Investment Member (CCIM)
A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate. The designation is awarded by CCIM Institute. 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.
Understanding Certified Commercial Investment Members (CCIM)
Certified Commercial Investment Member 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, market analysis, user decision analysis and financial analysis 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.
Of the more than 150,000 commercial real estate professionals in the United States, only an estimated 6 percent hold the CCIM designation.
CCIM members are responsible for an approximate $400 billion annually of real estate transactions globally. CCIM Institute is headquartered in Chicago, Illinois, and is a commercial affiliate of the National Association of Realtors.
Becoming a Certified Commercial Investment Member (CCIM)
To earn the CCIM designation, one must meet the following requirements:
Complete Designation curriculum, which includes:
- (CI 101) Financial Analysis for Commercial Investment Real Estate;
- (CI 102) Market Analysis for Commercial Investment Real Estate;
- (CI 103) User Decision Analysis for Commercial Investment Real Estate;
- (CI 104) Investment Analysis for Commercial Investment Real Estate;
- Online Ethics Course;
- Preparing to Negotiate or Advanced Negotiation Workshop.
A CCIM is proficient in the area of the commercial real estate industry, which includes knowledge of the ethics and negotiation practices of investing in that market. CCIMs include brokers, attorneys, bankers, leasing professionals, and asset managers.