Real Estate Industry
Up to 50 tri-state area practitioners will be accepted to participate in the Introduction to Commercial Investment Real Estate (CI Intro) course, which will be held January 15-16 at the Coldwell Banker Commercial corporate offices, 1 Campus Drive, Parsippany, N.J. The CCIM Institute will award scholarships for the CI Intro course based on the following criteria: - Must have minority status and be a permanent resident and/or U.S. citizen - Must demonstrate a need and/or merit for the scholarship - Cannot be or have been a member of the Institute or taken prior CCIM courses - Must be active in real estate or related profession and must intend to become a CCIM designee Individuals interested in the program can contact Kristin Harrelson, CCIM Institute director of special projects, for an application at (312) 321-4460, ext. 4474, or by e-mail at kharrelson@cciminstitute.com. Classes will be taught by Byron Smith, Sr., Esq., CCIM, CRB, president of Metropolitan Realty Group, Inc. in Chantilly, Va. "The goal of the CCIM Institute' Cultural Diversity Education Program is to create a critical mass -- a nucleus -- of highly trained minority commercial real estate professionals throughout the country," said 2003 CCIM Institute President Barry Spizer, CCIM. This event is part of the Coldwell Banker Commercial brand's ongoing partnership with the CCIM Institute, which developed as a result of a company-wide commitment to continuing education. More CCIM designations are held by Coldwell Banker Commercial associates than associates of any other company. "Traditionally, minorities have been under-represented in the field of commercial real estate," said George Slusser, Coldwell Banker Commercial president. "We are excited about and committed to supporting the CCIM Institute?s minority-focused scholarship program as it aligns with our focus on this segment and will provide substantial career opportunities for minorities and women, while expanding the pool of top-notch, certified talent." The CCIM Institute began reaching out to minority students in 1999 with the debut of the Cultural Diversity Scholarship Program. Administered through the CCIM Institute's Education Foundation, the program has annually given 20 $500 scholarships for the CI 101 Financial Analysis for Commercial Investment Real Estate course. Upon successful completion of the CI Intro course, a select number of students will be invited to complete the remaining core courses in the CCIM Institute's educational curriculum, a key step toward obtaining the prestigious CCIM designation. Presentation of the remainder of the CCIM core courses will continue around the country during 2004. It is anticipated that those students who successfully complete the course requirements would be eligible to take the comprehensive examination for the CCIM designation in 2005. About the CCIM Institute Based in Chicago, the CCIM Institute awards the CCIM designation to commercial real estate professionals through an extensive curriculum of 200 classroom hours, in addition to professional experiential requirements. Currently, there are 8,000 CCIMs in 1,000 markets worldwide. An additional 8,000 practitioners are pursuing the designation. About Coldwell Banker Commercial Coldwell Banker Commercial is a registered trademark licensed to Coldwell Banker Real Estate Corporation. The Coldwell Banker Commercial system has more than 500 commercial real estate offices and 3,000 sales associates throughout North America, South America, Europe, Africa, Asia and Australia. Coldwell Banker Commercial is an industry leader in providing commercial real estate solutions that serve the needs of tenants, landlords, sellers and buyers in the leasing, acquisition, disposition and management of all property types. Coldwell Banker Real Estate Corporation is a subsidiary of Cendant Corporation (NYSE: CD). For additional information, visit the company's Web site at www.coldwellbankercommercial.com or call (800) 222-2162.
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