Ohio CCIM Chapter Newsletter | Third Quarter 2021

NEWSLETTER

Third Quarter 2021

President's Message

It’s that time of year…time to start putting away the patio furniture, stacking the firewood and get ready for another great Ohio winter. It’s also time to buckle down and work hard to finish off the remainder of the business year. Hopefully you all have seen your business grow and are looking to the future and the start of next year. The board of the Ohio CCIM is also looking to the next year. We are having our strategic planning meeting in Columbus on October 19th. I welcome any suggestions and ideas you might have to make our Ohio chapter stronger. Please feel free to reach out to me directly either by phone or email. What makes the chapter better is input from our members, and I look forward to hearing from you.

Also, this Friday is the start of the 2021 CCIM Global Conference in Pittsburgh, PA. I hope you all can find time to attend. It’s a short drive to Pittsburgh and a good way to experience more of what CCIM has to offer. Since receiving my pin, I have attended the conferences regularly and have learned more about the Institute and what it takes to run such a great organization. I have also met some interesting people along the way, since the CCIM conference attracts some of the best leaders in their industry. Not only have I built relationships, I have also done many deals with other CCIM’s. I can attest that every time I have attended one of these conferences, I have returned with something of value. I hope you take the time to experience that also, and I look forward to meeting you there in person.

One last thing as winter approaches us, soon you will be asked to renew your membership to CCIM and along with that the Ohio chapter. I hope you find value in what CCIM offers and continue to support the Institute and your local Ohio Chapter.

As always, don’t hesitate to reach out to me, and if for no other reason, but to just say hello.

Wishing you a happy and prosperous fall!

Make it a great day,

Steve Masica

2021 Ohio CCIM Chapter President

Event Photos

Leslie Biskner, CCIM attended the July Leadership Training in Chicago and generoudly shared some of her photos. Group photo of some of the JWL graduates, including Leslie, at the rooftop Cubs event at Wrigley Field (top left); Sunset photo at Wrigley Field (top right); Presentation by KC Conway, MAI, CRE, CCIM, Chief Economist for the CCIM Institute (bottom left); Menu for the RVP CCIM sponsored dinner (bottom right).

The John J. Frank, Jr. CCIM Scholarship

The John J. Frank, Jr. CCIM Scholarship honors John J. Frank, Jr. CCIM as a past president of the Ohio CCIM Chapter and the CCIM Institute. The scholarship was created in 2014 by the Ohio CCIM Chapter with matching funds provided by the CCIM Foundation. Named endowed scholarships honor those who have shown great dedication, commitment, outstanding achievement and service to the commercial real estate industry. The Ohio CCIM Chapter is proud to have presented Brett Ludwig, Associate Advisor at Equity in Columbus, with the 2021 John J. Frank, Jr. CCIM Scholarship for the CI-101 Core Course. Brett successfully completed the CI-101 course and was reimbursed $1,000 towards the cost of the course. Congratulations to Brett and good luck in his pursuit of the CCIM Designation.

Brett Ludwig, Equity

Candidate's Corner

After nearly 2 years of not hosting live education offerings in Ohio, the chapter is making a return to the classroom! We have scheduled a CI101, December 7 thru 10, 2021. The class will be held in the NAI Ohio Equities training room, located at 605 S Front Street, Suite 200, Columbus, OH 43215. We will obviously be monitoring the landscape surrounding mass gatherings. You can register by clicking this link. If you have any questions, please contact Andrew Barr, the Designee Guidance chair, at 440-484-2200x120

Upcoming Events

October 7-11, 2021 – Annual Governance Meetings | Pittsburgh, PA (Details)

This year's Annual Governance Meetings will be held in-person at the Westin Pittsburgh. CCIM Institute is excited to once again host an exclusive in-person event, including networking, education, and connecting directly with your colleagues face-to-face.

For up-to-date information and registration links visit ccimconnect.com/ccimohio.

December 7-10, 2021 – CI-101: Financial Analysis for Commercial Investment Real Estate | Columbus, OH (Details)

CI 101 is a bedrock class for real estate practitioners at a time when risk mitigation, pricing, and cycle assurance have become critical to investors. CI 101 introduces the CCIM Cash Flow Model, a tool for ensuring your investment decisions are based on wise finance fundamentals. During the course, you will learn how to use key financial concepts such as Internal Rate of Return (IRR), Net Present Value (NPV), Cap Rate, Capital Accumulation, and the Annual Growth Rate of Capital to compare different types of commercial real estate investments.

For up-to-date information and registration links visit ccimconnect.com/ccimohio.

Technology Corner

Did you know that there is a whole library of webinars and industry reports available to members via the CCIM website? These include recent economic updates, real estate outlooks and a library of reports from noted expert Glenn Mueller.

From the CCIM home page, click on the 'Members Only' menu item (you will be prompted to enter your username and password). Then simply scroll down to the link titled 'Webinars and Reports'. New content is continually added so be sure to check this often!