REAL ESTATE DONATION RESOURCES
CIRE: What role can CCIMs play in
the real estate donation process?
Shindleman: Most CCIMs probably already
have relationships with potential real estate
donors, but don't realize it. Similarly, many
CCIMs are involved with charitable organizations, but not in a real estate capacity.
By starting the conversation with potential
donors or charities, CCIMs may uncover
real estate donation opportunities. Once a
possible donation is identifed, the CCIM
Foundation can be the facilitator and ensure
the process moves as smoothly as possible
from start to fnish.
CIRE: How can property donors
as well as CCIMs who refer a real
estate donation benefit from these
transactions?
Shindleman: Aside from fulfilling their
philanthropic interests, property donors
may be able to eliminate or reduce capital gains taxes and enjoy future income
streams. CCIMs can be compensated for
their time as consultants or participate in
the ultimate sale of donated property. If it
involves commercial real estate in another
market, the Foundation may be able to utilize the expertise of local CCIMs. Tere are
only winners in these transactions.
Watch a video interview with B.K. Allen, CCIM, managing partner of B.K. Allen
Real Estate in Potomac Falls, Va., at http://goo.gl/i8HHS in which she discusses
her role in a recent real estate donation transaction. Learn more about the real
estate donation process in the September/October 2012 CIRE article, "Donations
Demystified," by Duncan Patterson, CCIM, a current board member and past
president of the CCIM Foundation.
Congratulations to the
Newest CCIM Designees
Kiersta Abram, CCIM
Scott Schmitt, CCIM
Coldwell Banker Commercial
NRT
Northbrook, IL 60062
(847) 313-4625
kabram@cbcworldwide.com
Coldwell Banker Commercial
Orion Real Estate
Waite Park, MN 56387
(320) 251-1177
sschmitt@cbcworldwide.com
Thomas Harrington, CCIM
David Sigmon, CCIM
Coldwell Banker Commercial
Devonshire Realty
Peoria, IL 61615
(309) 692-7707
tharrington1@cbcworldwide.com
Coldwell Banker Commercial
Caine
Greenville, SC 29601
(864) 250-2800
dsigmon@cbcworldwide.com
CIRE: What new initiatives are on the
Foundation's horizon?
Shindleman: The Foundation strives to
double the number of Named Endowed
Scholarships from 50 to 100 within the next
two years as well as implement a legacy club
to recognize past and current members who
have lef a part of their estates or included
the CCIM Foundation in their wills. Te
Foundation is also exploring the creation of
global scholarship opportunities and inviting major real estate-related corporations
to become supporters of the Foundation's
overall initiatives.
Jennifer Norbut is senior editor of Commercial Investment Real Estate. If you have a
story worth sharing in CCIM Q&A;, send it to
jnorbut@ccim.com.
CCIM.com
Coldwell Banker Commercial® has the most
CCIM designees and candidates of any
commercial real estate company!
cbcworldwide.com
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January | February | 2013
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