Cooperation between trade groups promotes industry and professional development for investment migration and real estate professionals
On Aug. 3, Invest in the USA, the non-profit industry trade association for the EB-5 Regional Center Program, and CCIM Institute, the premier provider of commercial real estate education, announced a new memorandum of understanding between the two organizations. The MOU details strategic collaboration initiatives that will enhance industry education and development.
“Given the importance of EB-5 as a source of capital for the commercial real estate industry, IIUSA and CCIM are natural allies,“ says IIUSA Executive Director Peter D. Joseph. “IIUSA is proud to collaborate with CCIM and look forward to bringing its range of exciting new resources and opportunities for professional development to our members, and vice versa.”
“Major capital funds are being invested in the U.S. through the EB-5 program, especially from Asia,” says 2016 CCIM Institute President Steve Moreira, CCIM. “There is a significant need for CCIMs to work with organizations that represent EB-5 regional centers, and we are proud to collaborate with IIUSA.”
CCIM Institute is the industry-leading provider of professional training for commercial real estate professionals. In addition, IIUSA and CCIM will endeavor to collaborate on training, articles, reports, and publications to further the growth and understanding of each other’s respective organizations within the general commercial real estate profession.
The agreement will be on full display at each organization’s respective annual conferences: IIUSA’s 6th Annual EB-5 Industry Forum, Oct. 10–11, in Los Angeles and the CCIM Thrive Conference, Oct. 24–25, in Atlanta.
Founded in 2005, IIUSA is the national not-for-profit trade association for the EB-5 Regional Center industry with a mission of advocacy, education, industry development, and research. The organization represents more than 275 Regional Centers and 200 Associate members, collectively representing big and small projects, urban and rural economic development, and industry sectors ranging from real estate and manufacturing to energy and infrastructure. IIUSA’s members are engines of economic growth and job creation, accounting for a vast majority of capital flowing through the Program. Learn more at IIUSA.org.
About CCIM Institute
Since 1967, the Chicago-based CCIM Institute has conferred the Certified Commercial Investment Member (CCIM) designation to commercial real estate and allied professionals through an extensive curriculum of 160 classroom hours and professional experiential requirements. The CCIM curriculum was redesigned in 2010 to reflect changing student demographics and real estate brokerage services, growth in international markets, new technologies, and new delivery models. The core curriculum addresses financial analysis, market analysis, user decision analysis, investment analysis, and negotiation—the cornerstones of commercial investment real estate.
An affiliate of the National Association of Realtors®, the CCIM Institute also provides members with powerful technology tools including the Site To Do Business, an online site analysis and demographics resource.
Currently, there are nearly 10,000 CCIMs in 1,000 U.S. markets and 31 additional countries, with another 3,000+ practitioners pursuing the designation, making the institute the governing body of one of the largest commercial real estate networks in the world. Visit CCIM.com for more information.