Commercial Investment Real Estate November/December 2018 | Page 32

Dan Adamski R. Craig Coppola Jill Rasmussen CCIMS’ BIGGEST DEALS OF Andrew Cheney Neil Merin Bill Adams Top deal-makers of the year share their trade secrets. Gregg Kafka by Larry Guthrie istory repeated itself with another banner year for CCIM designees. While the office sec- tor dominated deal flow yet again, multifamily, retail, industrial, and land sectors also saw strong investment. But what about the people behind these deals? CIRE spoke with the CCIM designees recognized with the biggest deals from our 2018 issues to discover their secrets to big deal success and what they see in their crystal balls for 2019. CIRE: What recommendations do you have for CCIMs looking to identify, develop, and close big deals in their markets? Dan Adamski, CCIM: In addition to the obvious answer of earning a CCIM designation to highlight your commercial real estate proficiency, develop an expertise and become known for it. Looking to the medical industry, general practitioners make $150,000 a year because they are familiar with many acuities, whereas brain surgeons make $1 million a year because they have intimate, deep knowl- edge of one subject, and people in need will seek that out. Jill Rasmussen, CCIM: Cultivating long-term relationships is critical to developing and closing large trans- 30 November | December 2018 Cathy Jones actions versus a one-off deal. Building that trust and provid- ing enduring value for your clients is your gateway to future opportunities and referrals. Cathy Jones, CCIM: CCIMs already have a good foundation of education and experience to effectively handle big deals in their markets. They need to implement the prospecting tools, develop the right teams around them, and present themselves and their work products in a very professional manner. The main goal is to develop long-term relationships and build on those. Andrew Cheney, CCIM: To identify the big deals, CCIMs need to have a vision that the average broker doesn’t. It’s about being able to see deals before they happen, and finding a connection or some other way into the deal before it gets traction. Bill Adams, CCIM: Most of my big deals have been relationship driven, and those relationships started with small transactions. Representing your client well in a successful small transaction will lead to more deals and larger deals. Neil Merin, CCIM: Curate a deep knowledge of your market and product type with the goal of being the most COMMERCIAL INVESTMENT REAL ESTATE