Commercial Investment Real Estate is the magazine of the CCIM Institute, the leading provider of commercial real estate education. CIRE covers market trends, current developments, and business strategies within the commercial real estate field.
Issue link: http://cire.epubxp.com/i/143044
COMMERCIAL INVESTMENT IN THIS ISSUE Transaction activity is spreading to noncore markets — a great opportunity for many CCIMs who work in smaller markets. Te ofce sector is seeing its fair share of noncore deals as business writer Beth Mattson-Teig reports on p.26. And, as Associate Editor Rich Rosfelder discover on p.36, "As the fiscal drag new multifamily development is also occurring in a number fades in 2014, the of secondary markets. U.S. economy and ¬ the property markets will be poised to accelerate." p.30 FEATURED WRITERS "We can't celebrate quite yet," says Kevin Torpe, chief economist/principal of Cassidy Turley Commercial Real Estate Services in Washington, D.C. However, in the midyear economic update on p.30, Torpe identifes several trends that bode well for the commercial real estate market. Elizabeth Braman, Thorpe CCIM, chief production ofcer at ReadyCap Commercial in Irvine, Calif., ofers insight into current financing trends on p.34. The housing market uptick is revving up land deals, says David Moore, Moore Braman CCIM, on p.22. He is senior investment manager for Stratford Land in the southeastern U.S. And on p.39, John Scott Jr., MAI, MRICS, managing director of Integra Realty Resources' Charlotte, N.C., ofce, discusses the ways appraisers approach small-market valuations. podcast Only @ www.ccim.com/podcasts Kevin Thorpe, chief economist/principal of Cassidy Turley Commercial Real Estate Services in Washington, D.C., discusses the factors contributing to full economic recovery. 4 July | August | 2013 Commercial Investment Real Estate, the member publication of the CCIM Institute, reports on market trends and analysis, current developments in the field, and successful business strategies. CIRE Staff Executive Vice President/CEO The CCIM Institute, an affi liate of the National Association of Realtors, confers the Certified Commercial Investment Member designation to commercial real estate professionals who have extensive training and industry experience and complete a rigorous study program. Henry F. White Jr. Executive Editor Sara Drummond sdrummond@ccim.com Senior Editor Jennifer Norbut jnorbut@ccim.com Associate Editor Rich Rosfelder rrosfelder@ccim.com Contributing Editors Jim Conway, Geoffrey S. Goss, Joel Kahn, CCIM, Hayden Pittman, Stephen Rangel, Ben Wilson, and Steve Zorich Design Consultant McMurry/TMG, LLC Commercial Investment Real Estate (ISSN 1524-3249) is published bimonthly by the CCIM Institute of the National Association of Realtors, 430 N. Michigan Avenue, Chicago, IL 60611-4092. Periodicals postage paid at Chicago, Ill., and additional mailing offices. Postmaster: Send address changes to Commercial Investment Real Estate, 430 N. Michigan Avenue, Chicago, IL 60611-4092. Subscriptions: $45 for nonmembers in U.S.; $55 for nonmembers in Canada and Mexico. Call (800) 532-8633. For reprints, call (312) 321-4460. The opinions expressed in signed articles and materials appearing in Commercial Investment Real Estate, including specific references to products and services, are those of the authors and not necessarily those of Commercial Investment Real Estate, the CCIM Institute, or the National Association of Realtors. © 2013 by the CCIM Institute. All rights reserved. Editorial address: 430 N. Michigan Avenue, Chicago, IL 60611-4092; (312) 321-4460; magazine@ccim. com; www.ccim.com/cire. Executive Officers President Wayne D'Amico, CCIM Essex, Connecticut President-Elect Karl Landreneau, CCIM Baton Rouge, Louisiana First Vice President Mark Macek, CCIM Great Falls, Montana Treasurer Charles C. Connely IV, CCIM Kansas City, Missouri Editorial Review Board Adrian A. Arriaga, CCIM Roger B. Broderick, CCIM Todd D. Clarke, CCIM David B. Eaton, CCIM Jeff Engelstad, CCIM Eric B. Garfield, CCIM Tony M. Guglielmo, CCIM Thomas E. Hankins, CCIM James L. Helsel, CCIM Soozi Jones-Walker, CCIM J. Howard King, CCIM Robert Knight, CCIM George C. Larsen, CCIM Kevin G. Lenze, CCIM Mark L. Levine, CCIM Albert S. Livingston, CCIM Charlie Mack, CCIM Michael T. McLean, CCIM James J. Piro, CCIM David L. Schank, CCIM Robert M. Stone, CCIM Reader Services: All dues-paying members of the CCIM Institute receive Commercial Investment Real Estate magazine six times a year as a member benefit. Subscribe, purchase back issues, or order customized article reprints: www.ccim.com/cire or (800) 532-8633 x4507. Make address changes: magazine@ccim.com or (800) 532-8633 x4507. Request reprint permissions: rrosfelder@ccim. com. Submit articles and editorial ideas: sdrummond@ccim.com. For advertising information, contact: Rich Rosfelder at (312) 321-4507 or rrosfelder@ccim.com Commercial Investment Real Estate