Commercial real estate is widely regarded as a key indication of economic health, and it has been experiencing a significant downturn throughout the nation for the last decade and a half. Large cities throughout the world have a surplus of office space, which is driving increasing vacancy rates.
Commercial real estate prices in India have declined 35-40 percent since the commencement of the global financial crisis, according to analysts, and most believe that prices have actually touched bottom in most cities. Direct ownership of commercial real estate is making a return, and rightfully so. Interest rates are at historic lows, and prices are still at rock-bottom levels as a result of the real estate crisis, making this an excellent time to purchase.
We can all agree that having the correct network of connections and partners that can assist you achieve your company objectives is a key component that may determine whether a business endeavour is successful or not. When it comes to commercial real estate investment, the resources listed below may be of great assistance.
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Are you committed to the finest in land use policy? Visit the Urban Land Institute (ULI)
The Urban Land Institute (ULI), founded in 1936, is a 501(c) (3) nonprofit research and education organisation that provides educational opportunities for its members throughout the whole spectrum of land use and real estate development. Members receive access to specialised training and research studies for many segments of the commercial real estate business, such as:
Capital markets and real estate finance
Parking and transportation
Development of offices and industries
Retail expansion
Resort and residential construction
The ULI organises monthly meetings and trainings across the globe, as well as an annual’real estate school,’ where members may get specialised training. If you are interested in commercial real estate investment and want to have access to a plethora of expertise, this is an excellent group to join.
Do you want to get your Ph.D. in Commercial Real Estate Investing?
The CCIM Institute for Certified Commercial Investment Members, or CCIM, was founded in 1954 to provide training and networking opportunities for commercial real estate practitioners and investors. CCIM is now the worldwide leader in commercial and investment real estate education and services, thanks to the integration of cutting-edge technology. And the coveted CCIM credential, which is acknowledged as a badge of professional competence, provides members with an unrivalled competitive advantage.
Within its education programme, CCIM provides a broad choice of rigorous online and in-person courses with names such as:
Commercial Real Estate with a Data-Driven Approach
Commercial Investment Real Estate Market Analysis
Discounted Cash Flow Analysis Before and After Tax
CCIM is a global commercial real estate network with members in the United States and over 30 countries worldwide.
Are you looking for industrial or office space? Get Involved with NAIOP
The National Association of Industrial and Office Buildings (NAIOP) group is an excellent resource if you wish to specialise in industrial, office, or mixed-use properties. NAIOP members may take use of the following benefits:
Educational programmes provide new industrial insights.
Career and professional growth avenues
The possibility of doing commercial real estate research.
NAIOP, which was founded in 1967, has over 15,000 members and offers strong advocacy as well as educational and business possibilities for anyone interested in commercial real estate investment.
Extra Resources for Serious Commercial Real Estate Investors
If you like to be hands-off, stick to publicly listed Real Estate Investment Trusts (REITs). Consider limited partnerships set formed by real estate developers and commercial real estate attorneys if you’re an accredited investor (meaning you have more than $1 million in net worth outside your house or an income of at least $200,000) and prepared to take on greater risk.
The following are some more resources for serious commercial real estate investors to consider:
Commercial Real Estate Investor magazine provides information, trends, and articles.
The International Council of Shopping Centers (ICSC) is a non-profit organisation that (ICSC)
International Building Owners and Managers Association (BOMA)