Designations in Commercial Real Estate

When it comes to trusting someone with one of your largest assets, commercial real estate, it is imperative to choose the best professionals and firm. Professional designations are much more than acronyms at the end of a name. These prestigious credentials showcase expertise and experience within the industry.

Brokerage

• CCIM

  stands for Certified Commercial Investment Member. According to the CCIM Institute, the CCIM lapel pin denotes that the wearer has completed advanced coursework in financial and market analysis and demonstrated extensive experience in the commercial real estate industry. CCIM designees are recognized as leading experts in commercial investment real estate.

“Commercial Real Estate Insights Series.” Thinking Outside the Box | CCIM Institute, www.ccim.com/resources/commercial-real-estate-insights-series/.

• SIOR

  (Society of Industrial and Office Realtors) is the leading global professional office and industrial real estate association. SIOR represents today’s most knowledgeable, experienced, and successful commercial real estate brokerage specialists. Designees can hold the following specialty designations: industrial, office, sales manager, executive manager, or advisory service.

“About SIOR.” SIOR – Global Commercial Real Estate Association, sior.com/about.

• CRE

  (Counselor of Real Estate) is an international group of high-profile property professionals with an acknowledged status as some of the most trusted professionals in real estate. According to The Counselors of Real Estate, these professionals are prominent real estate, financial, legal, and accounting firms and recognized as leaders of government and academia. To qualify, the person must confirm a minimum of 10 years of real estate experience and 3 years of property advisory services. Counselor of Real Estate membership is extended by invitation. Only 1,100 people in the world hold the CRE credential.

“About.” Counselors of Real Estate, www.cre.org/about/.

Property Management

• CPM

  (Certified Property Manager) is recognized nationally and internationally as experts in real estate management. According to NAR, 70% of those who hold the CPM designation hold the highest management positions in their offices (owner/partner/officer/director). The requirements to become certified in property management are to be experienced and well-trained in every aspect of the business and attain your state’s real estate license.

“CPM®.” nar.realtor, www.nar.realtor/education/designations-and-certifications/cpm.
“Top 5 Property Management Licenses & Certifications.” Landlordology, 3 Jan. 2017, www.landlordology.com/property-management-license/.

Construction & Development

• BOMA

  (Building Owners and Managers Association) is a professional organization that represents the owners and managers of all commercial property types. BOMA sets the standard for measuring buildings and teaches best practices. The BOMA program uses the framework of best practices and full assessment to improve environmental performance and management. This organization offers five levels of certification: Certified, Certified Bronze, Certified Silver, Certified Gold, and Certified Platinum. BOMA offers educational programs, networking opportunities, and other resources.

Kugler, Thomas. “BOMA International-Building Owners and Managers Association International.” BOMA Home, www.boma.org/BOMA/Recognition-Awards/BOMA/Recognition-Awards/Home.aspx?hkey=b5acc8cc-d4bb-4f39-be9b-2362e0c00f09.

• LEED AP

  stands for Leadership Energy and Environmental Design Accreditation for Professionals. According to the US Green Building Council (USGBC), the parent organization of LEED, it is the most widely recognized and widely used green-building rating system in the world.  LEED AP ensures that professionals have the knowledge they need to take a project through LEED certification and are well versed in the many aspects of green building.

“LEED AP (Accredited Professional) Certification: How to Get It [Updated].” CAD Software | 2D And 3D Computer-Aided Design | Autodesk, Redshift EN, 12 June 2018, www.autodesk.com/redshift/how-to-become-leed-certified-leed-credentials-for-architects