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A commercial office/retail building. Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores ...
A Certified Commercial Investment Member (CCIM) is a recognized expert in the disciplines of commercial and investment real estate. The designation is awarded by the CCIM Institute, formerly known as Commercial Investment Real Estate Institute (CIREI) of the National Association of Realtors . [1]
The commercial real estate market is starting to buckle under the weight of higher interest rates and remote work.. There were 625 commercial real estate foreclosures in March, up 6% from February ...
In mid-December 2023, Capital Economics released an outlook for 2024 predicting that commercial real estate property values would fall another 10% in 2024 after falling 11% in 2023.
A CIE is the commercial real estate equivalent of the residential Multiple Listing Service. CIEs help commercial real estate professionals (brokers, property owners, developers, investors, tenants, etc.) share information about commercial property, recent sale or lease transactions, market statistics, and contacts.
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. ... the mansion at 605 Ocean Boulevard is listed for sale — at a cool price of $42 million.
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