Commercial Investment Real Estate May/June 2017 | Page 11

Long-Term Firms Exhibit Stronger Fundamentals and Performance Economy to Continue Brisk Pace Market capitalization, $ billon, indexed to 2001 Financial Crisis $20,000 Long-term (n-164) All others (n-451) 15,000 Up +$7B 10,000 5,000 0 -5,000 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ’13 ’14 “Most of the signals we are see- ing in the market and hearing from our clients indicate that we aren’t nearing the end of the current real estate cycle just yet. The economy is healthy, with strong access to financing and capital, and real estate fundamentals are strong.” — Greg Williams, KPMG National Sector Leader Source: Corporate Performance Analysis by McKinsey; S&P Capital IQ; McKinsey Global Institute analysis CCIM Development Specialty Track The CCIM Development Specialty Track program is one of the industry’s leading continuing education concentrations, providing commercial real estate developers, investors, and consultants with a comprehensive understanding of the entire process of development from due diligence to disposition. The program content is structured around the Real Estate Development Matrix developed by Daniel Kohlhepp, Ph.D., of the world-renowned Johns Hopkins Carey Business School. Next Classroom Course: Introduction to Development Workshop Date: July 13-15 Location: Austin Tuition: Member: $985 REALTOR®: $1,135 Non-member: $1,285 Course Formats: Classroom and Online Instructor-Led To learn more visit www.ccim.com/dev-track or call (800) 621-7027, opt 2 CCIM.COM May | June 2017 9