President's Desk

Welcome to the summer issue of CCIM Connections. In this issue, we highlight some of the people, initiatives, and global trends impacting our growing network. We are continuing to work to expand that global network by attracting new members, as well as showcasing the experience and expertise of CCIM professionals in the industry. 

An essential part of our mission to grow our organization and enhance our brand is celebrating our accomplishments. Congratulations to Adam Palmer, CCIM, and Michael Doyle, CCIM who had this quarter’s biggest deal. We also recognize our 2023 Chapter Award Winners that were announced at our 2024 Midyear Governance Meetings in Nashville.

As CCIMs, we are all working to keep our fingers on the pulse of key trends and events shaping our industry. In this issue, we take a closer look at the high interest rate environment and the persistently high costs that are impacting dealmaking. We also examine the implications of the landmark settlement agreement involving the National Association of REALTORS®. While this lawsuit was brought on behalf of home sellers related to broker commissions, how might this impact commercial real estate transactions and the CCIM community?

Many of the same challenges and opportunities that we see in the U.S. are shared by fellow CCIMs across our five international chapters. In an increasingly global economy, we have the ability to learn from our fellow CCIMs in the U.S., Canada, Japan, Korea, and Taiwan. You can read more about their dealmaking experiences in our international perspectives article.

I’m excited to see our progress in continuing to grow The CCIM Institute. In addition to expanding our ranks, we are continuing to strengthen the CCIM Designation as a recognized brand and standard for excellence in commercial real estate. Why partner with a CCIM? We all know the answer to that, and we are continuing to bring that message to a global audience. ■