Commercial Investment Real Estate Summer 2020 | Page 4

PRESIDENT'S DESK Back to Business This year has not been what anyone expected. The COVID-19 pandemic and resulting hit to the global economy blind-sided many in commercial real estate. As the economy begins to open back up, so do the opportunities in our industry. So, you may be asking yourself, “Where do I start?” That’s where we come in. To begin with, we have created and curated a comprehensive COVID-19 resources page at ccim.com/covid19, filled with guidance and tools to help with everything from government aid and legislative updates to reopening your business or advising clients on reopening theirs. In addition, many of our courses in the Ward Center for Real Estate Studies have incorporated best practices on the pandemic’s impact on the course topic and the way you need to conduct business now. I invite you to view a complete listing of our course offerings — all of which are available in an online format — at ccim.com. Of course, you can always turn to CCIM Institute’s official publication, as well. This issue of Commercial Investment Real Estate magazine is chock full of invaluable insights, analysis, and best practices on the new normal in commercial real estate. The cover story, by CCIM Institute Chief Economist K.C. Conway, takes an in-depth look at the industry post-COVID-19. The other features tackle how the pandemic has changed the retail, industrial, and CMBS markets and where the opportunities still lie. A special congratulations go out to all the CCIMs listed in the Deal Makers section who closed some impressive deals in spite of the pandemic. And don’t forget about the magazine’s companion podcast. This issue features an edited transcript of a recent episode with Roxana Isaiu, director of ESG and real estate at GRESB, a leading sustainability benchmark for real estate and infrastructure investments across the globe. If you’ve not checked out the Commercial Investment Real Estate podcast, you’re missing out on some fascinating and informative conversations with leading industry experts. When you take this incredible suite of publications, all the online resources and thought leadership, and our robust course offerings, coupled with the power of the global CCIM community who is always there for support, you can breathe a sigh of relief knowing that you have everything to help you and your clients succeed in 2020 and beyond. COMMERCIAL INVESTMENT REAL ESTATE Commercial Investment Real Estate, the magazine of CCIM Institute, reports on market trends and analysis, current developments in the field, and successful business strategies. CIRE STAFF Publisher, Rich Rosfelder, [email protected] Director of Communications, Larry Guthrie, [email protected] Senior Content Editor, Nicholas Leider, [email protected] Content Coordinator, Anand Pillai, [email protected] Contributing Editors: Victor Calanog, PhD, CRE; Ann Hambly, CRE; Patrick Gasior; Daniel Kahn; Joseph A. Fisher, CCIM; Gregory J. Porter Design Consultant: Homestyles Media Editorial Review Board: Adrian A. Arriaga, CCIM; David B. Eaton, CCIM; David Ellermann, CCIM; Jeff Engelstad, CCIM; Eric B. Garfield, CCIM; Tony M. Guglielmo, CCIM; James L. Helsel, CCIM; Soozi Jones Walker, CCIM; J. Howard King, CCIM; George C. Larsen, CCIM; Kevin G. Lenze, CCIM; Mark Lee Levine, CCIM; Albert S. Livingston, CCIM; Charlie Mack, CCIM; David L. Schank, CCIM Editorial Address: 430 N. Michigan Avenue, Chicago, IL 60611-4084; Contact us at [phone] or [email protected] Advertising: Dan Burke at [email protected] or [phone], Burke Media Group, 22 Robbin St., Monmouth Beach, NJ 07750 Subscriptions: $45 for nonmembers in U.S.; $55 for nonmembers in Canada and Mexico. Call [phone]. Reader Services: All dues-paying members of CCIM Institute receive Commercial Investment Real Estate magazine four times a year as a member benefit. Subscribe, purchase back issues, or order customized article reprints: www.ccim.com/cire or [phone] x4491. Make address changes: [email protected] or [phone] x4491 Request reprint permission: [email protected] Submit articles and editorial ideas: [email protected] Postmaster: Send address changes to Commercial Investment Real Estate, 430 N. Michigan Avenue, Suite 700, Chicago, IL 60611-4084. Commercial Investment Real Estate (ISSN 1524-3249) is published quarterly by CCIM Institute of the National Association of Realtors, 430 N. Michigan Avenue, Chicago, IL 60611-4084. Periodicals postage paid at Chicago, IL, and additional mailing offices. The opinions expressed in signed articles and materials appearing in Commercial Investment Real Estate, including specific references to products and services, are those of the authors and not necessarily those of Commercial Investment Real Estate, CCIM Institute, or the National Association of REALTORS®. © 2020 by the CCIM Institute. All rights reserved. CCIM Institute CCIM Institute, an affiliate of the National Association of REALTORS®, confers the Certified Commercial Investment Member designation to commercial real estate professionals who have extensive training and industry experience and complete a rigorous study program. Executive Officers President, Eddie D. Blanton, CCIM, Charlotte, N.C. President-Elect, Timothy S. Blair, CCIM, Birmingham, Ala. First Vice President, Leslie G. Callahan III, CCIM, Atlanta Treasurer, Chuck C. Connely IV, CCIM, Kansas City, Mo. Treasurer-Elect, Steve Rich, CCIM, Charlotte, N.C. Executive Vice President & CEO, Gregory J. Fine, FASAE, CAE, Chicago EDDIE D. BLANTON, CCIM 2020 CCIM Institute President Contact him at [email protected]. 2 COMMERCIAL INVESTMENT REAL ESTATE MAGAZINE SUMMER 2020