PRESIDENT ' S DESK
A MESSAGE FROM THE CCIM INSTITUTE 2024 GLOBAL PRESIDENT
D ' ETTA CASTO-DELEON , CCIM
W
elcome to the fall edition of CCIM Connections ! This issue dives into the transformative realm of smart buildings and technologies reshaping commercial real estate . Inspired by the futuristic vision of The Jetsons , our cover story , “ Smart Buildings Keep Getting Smarter ” highlights how advanced technologies like IoT and AI are revolutionizing our industry .
Imagine controlling building access remotely . Picture a building that adjusts its HVAC system based on weather or an apartment with automated emergency systems and face recognition access control . Whether it ' s hotel room delivery robots to automated parking garages , these innovations are now a reality , enhancing building efficiency and performance .
Our cover story delves into how these smart technologies boost energy efficiency , meet environmental goals , and attract tenants , illustrating their significant impact on property value and sustainability . The smart building technology market is booming , with projections reaching $ 256.18 billion by 2033 .
We also explore a critical legal shift in " Supreme Court Overturns Chevron Doctrine , Reshaping CRE Regulation ." This landmark decision revokes the Chevron deference doctrine , shifting regulatory power from agencies to federal courts , which could lead to significant legal challenges affecting zoning , environmental regulations , and fair housing laws .
Additionally , we spotlight the Currently Commercial : Trending Topics in Commercial Real Estate education series . These monthly education sessions , hosted by The CCIM Institute , offer valuable insights and practical strategies to stay competitive in a rapidly evolving field . They provide an excellent opportunity for continued learning and engagement with industry leaders .
In our “ Dealmakers ” section , we celebrate our Biggest Deal , Brian Resendez , CCIM , of SVN | Bluestone , for representing the seller in a notable $ 22.5 million transaction of Ashland Hills Hotel , LLC — a significant achievement in our CCIM community .
As the industry evolves , staying informed and adaptable is key . We hope this issue provides inspiration and valuable insights for navigating these changes . ■
CCIM Connections , the official publication of The CCIM Institute , reports on member news , insights , market trends and analysis , developments in the field , and successful business strategies .
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The opinions expressed in signed articles and materials appearing in CCIM Connections , including specific references to products and services , are those of the authors and not necessarily those of CCIM Connections , The CCIM Institute , or the National Association of REALTORS ®.
© 2024 by The CCIM Institute . All rights reserved .
The CCIM Institute , an affiliate of the National Association of REALTORS ®, confers the CCIM Designation to commercial real estate professionals who have extensive training and industry experience and complete a rigorous study program .
2024 Management Team President , D ’ Etta Casto-DeLeon , CCIM , Houston , TX President-Elect , Steve Rich , CCIM , Charlotte , NC First Vice President , Adam Palmer , CCIM , Fort Myers , FL Treasurer , Jim Tansey , CCIM , Davenport , IA Treasurer-Elect , Brad Waken , CCIM , Enid , OK Executive Vice President & CEO , Paul Rumler , Chicago , IL
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