Commercial Investment Real Estate November/December 2017 | Page 81
“When we were finished there, the elite in business and
construction and economy knew what a CCIM was, knew
that Americans and Canadians were nice people who were
willing to share information and who were interested in us
all speaking the same language of the commercial real estate
business.”
Hudson adds that the experience was especially helpful
when he went back to start a small brokerage in Moscow two
years later. “In early days when I was a broker, there were very
few Soviet laws that had to do with real estate marketing,” he
says. “Think about it — you had people from all over the world
all coming there both as commercial real estate people and as
corporate users looking for office space and apartments. It was
like the United Nations. So we not only had to do commercial
real estate, but also basically create a body of law and advise
Russians how to be commercial real estate professionals in all
areas of the industry.
“Today if you’re doing office leasing or developments in Rus-
sia, things like analysis, internal rate of return, and NOI — all
those things are exactly the same as in the West because of those
early classes, and the way they were adopted as the standard.”
He also notes the dramatic change from the real estate envi-
ronment that the instructors encountered in 1991 Moscow.
The Kentucky
CCIM Chapter
Congratulates
CCIM Institute on
50 YEARS
Learn more about our chapter at:
www.kyccim.org
COMMERCIAL INVESTMENT REAL ESTATE / NOV.17
“Imagine going in just 20 years from that almost nothing to
an industry like ours with leasing agents, architects, bankers,
mortgage brokers, and designers, and a lot more CCIMs,”
Hudson says. “I went back to teach a few times in 2005 and
2006, and even then the country was full of some of the
brightest young people you ever wanted to meet, who were
bilingual, smart, and wonderful — so much optimism was
there 10 years ago. Hopefully, it will return.”
And Shindleman adds, “I do think it shaped CCIM as an
Institute. We could be out there, and we could be advanced.
There was demand for education, and the experience that we
could share with people. That’s what opens up diplomatic
channels at the end of the day. There was no talk of politics,
and it didn’t matter. It was commercial real estate.
“Today, CCIM is even more capable of being there and
everywhere else on earth. Our cadre has developed the skills
to be incredible goodwill ambassadors for the Institute, as
well as the U.S. and Canada. It adds prestige to the pin for
those who have it and those who are seeking it. I’m grateful
to have been involved.”
Sarah Hoban is a freelance writer based in the Chicago
metro area.
The Kansas CCIM
Chapter Congratulates
CCIM Institute on its
GOLDEN ANNIVERSARY
Learn more about our chapter at:
www.ksccim.com
27
CCIM.COM