Business credential marks professionals as main consultants in industrial funding actual property
Doug Sullivan, CBI, CCIM, of Sarasota-based Ian Black Actual Property, just lately earned the designation of Licensed Industrial Funding Member (CCIM) from the CCIM Institute. Sullivan joins six different brokers within the agency who’ve earned the CCIM. CCIM designees are acknowledged as main consultants in industrial funding actual property.
Professionals who maintain the CCIM designation should full superior coursework in monetary and market evaluation, and display in depth expertise within the industrial actual property business. Candidates submit a portfolio of qualifying actions, transactions or initiatives that meet sure sale and/or lease thresholds – typically within the multi-million-dollar vary. They need to additionally cross rigorous exams, together with a six-hour remaining examination.
“I pursued the CCIM designation to additional improve my skill to serve my industrial actual property and enterprise brokerage purchasers by bringing next-level, examined information of actual property funding methods and options to the desk,” Sullivan stated. “The CCIM could be very well-respected, and I feel it lends a substantial amount of credibility to those that have made the dedication to incomes the designation.”
Based on the CCIM Institute, with their real-world expertise and formalized schooling and testing, CCIM designees are in a position to assist their purchasers decrease threat, improve credibility, make knowledgeable selections and shut extra offers.
“There have already been cases the place I’ve been in a position to apply what I discovered whereas learning for the CCIM to real-world challenges and put that information towards inventive, sound options for purchasers,” Sullivan stated.
Sullivan additionally just lately earned the Licensed Enterprise Middleman (CBI) designation, figuring out him as an skilled enterprise dealer in keeping with the Worldwide Enterprise Brokers Affiliation (IBBA)®. This credential permits Ian Black Actual Property to supply enterprise dealer companies in-house when purchasers search to promote each their industrial actual property and enterprise.
Sullivan joined Ian Black Actual Property in 2019, bringing greater than 30 years of retail expertise and challenge improvement management to his position. Of notice, he based Stonewood Holdings, the mother or father firm for Stonewood Grill & Tavern and Peach Valley Café, and served because the President and CEO from its inception by way of the event of 18 Stonewood Grill and 4 Peach Valley Café areas, with consolidated income of $57 million.
Ian Black Actual Property is at the moment residence to seven CCIM designated brokers, together with Sullivan. The others are companions Ian Black, Jag Grewal and Steve Horn, in addition to Amy MacDougall, Melissa Harris and George Brusco.
About Ian Black Actual Property
Ian Black Actual Property (IBRE) is a boutique industrial actual property brokerage agency positioned in Sarasota, Fla. The agency is likely one of the largest industrial brokerage corporations in Southwest Florida and boasts a deep information of the industrial actual property market in Sarasota and Manatee counties and the encompassing space. For extra data, go to ian-black.com.
About CCIM Institute
CCIM Institute created the language of worldwide actual property funding. Our programs and worldwide neighborhood deploy industrial actual property funding methodologies and instruments that velocity the pathway between alternative, a go/no-go resolution, and success for an asset, taught by instructors who’re themselves business leaders. In the present day, the group, by way of its 50-plus chapters, continues to innovate finest practices and elevate the industrial actual property skilled by way of its core designation program to earn the CCIM pin — actual property’s most coveted credential — and its topical schooling programs provided by way of the Ward Middle for Actual Property Research. As well as, membership in CCIM contains the business’s finest expertise and operational platform, permitting entrepreneurial and mid-sized companies to compete with the most important multinational suppliers. In the present day, nearly 70 % of designees maintain the title of proprietor, companion, principal, or president, representing an unique worldwide referral community of roughly 13,000 members in 30 international locations. CCIM represents a bigger imaginative and prescient of the industrial actual property supplier, leveraging funding evaluation, opinions of worth, and underwriting to change into a frontrunner in sourcing capital, constructing a cash-flow car, and in the end creating worth. Info at www.ccim.com.