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March | April | 2016 CCIM.com
Kim: South Korean investors are especially
active in the Chicago, New York, and Los
Angeles markets. While Korean institu-
tional investors receive enough market
information and property information from
U.S. asset management companies, high net
worth individual investors have no access
to market information on non-institutional
grade properties in U.S. T ey want quality
market and property information from U.S.
commercial real estate professionals.
CIRE: How can U.S.-based CCIMs
connect with South Korean high net
worth individuals interested in non-
institutional grade U.S. properties?
Kim: Since South Korean high net worth
individuals are unfamiliar with and cau-
tious about overseas real estate investment,
U.S.-based CCIMs can cultivate alliances
with full commercial real estate services
companies in South Korea. For example,
Global PMC has signed strategic alliance
agreements with most of the major South
Korean financial institutions to provide
their high net worth customers with real
estate investment advisory and asset man-
agement services.
CIRE: How has the CCIM designation,
your involvement with the CCIM
network, and your current presidency
of the South Korea CCIM Chapter
improved your ability to adapt your
skills to multiple marketplaces within
commercial real estate?
Kim: T e CCIM designation helps me to
grow my reputation as a commercial real
estate expert. As the current president of the
South Korea CCIM Chapter, I am position-
ing myself as one of the most recognized
commercial real estate leaders nationally
and internationally.
Sara S. Patterson is senior editor of Commer-
cial Investment Real Estate.
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South Korean high net worth individuals
want quality market and property
information from U.S. commercial
real estate professionals.