Commercial International Market Opportunities

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Commercial - International Market Opportunities
Miami International Congress Jeff
Hornberger Managing Director REALTORS Commercial
Alliance
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Objectives of Presentation

• Commercial/International market a macro overview
• Ten Tools for you from NAR, RCA and beyond
• Commercial International pulse- Costa Rica case
  study of master planned community

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An Overview of Commercial/International

• Definition of Commercial Real Estate
• Profile of Commercial professional in USA versus
  overseas
• How much international are commercial REALTORS
  doing?

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General Commercial International Trends

• Snapshots of inbound commercial/international
• Inbound commercial investment US still very
  attractive
• Outbound the rise of the rest

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Commercial International Real Estate Trivia
Fascinating Facts
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Songdo, South Korea The Largest master planned
Community in the World
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Top Ten Largest Malls in the World?

• 8 are in Asia
• 2 are in North America

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• Hospitality industry the below images are
  neither Las Vegas nor Orlando!

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The Top Brands in Commercial Real Estate with
International Operations
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Ten Tips in Ten Minutes

• Getting started or enhancing commercial/internatio
  nal expertise

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Tip 1 Update NRDS and Mark Off Commercial and
International
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Tip 2 Explore non-NAR organizations in the field
IRETO, AFIRE, ULI, RealComm
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Tip 3 Get Specialized Join an RCA Affiliate
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Tip 4 Get Educated! Some Ideas

• RCA FCRE Fundamentals of Commercial Real Estate
• CCIM CI Intro and CI101 Introduction to
  Commercial Investment Real Estate Analysis
• CIPS Investment and Financial Analysis
• NAR- International Risk Reduction Course
• RCA Commercial Certificate

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Tip 5 Get Out There!

• NAR Commercial endorsed MIPIM, Expo Real,
  Cityscape New York
• SIMA attractive for the Latin Triangle
• Hidden gems Cityscape and local economic
  development councils
• Local trade missions

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Tip 6 Surf Relevant Internet Sites

• Realtor.org/RCA and realtor.org/CIPS
• Emporis.com
• AFIRE, IRETO, ULI, RICS
• The big four joneslanglasalle.com, cbre.com,
  colliers.com, cushwake.com

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Tip 7 Enhancing your career. Some Recommended
Sites

• Selectleaders.com
• Realestatejobs.com
• Inman.com/jobs

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Tip 8 Dont Get Burned!

• Understand developer registration laws vary
  state by state
• Work through NAR international channels
• NAR-International Risk Reduction Course 3 hours,
  95

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Tip 9 Join RCA RAMB!

• Commercial Certificate program
• Commercial Real Estate haves and wants
• Attend events locally and internationally
• Best Commercial/International links in the US!

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Tip 10 Bookmark CommercialSource. com The
Commercial Real Estate Market Place

• Online ConventionJune 17 18 next week!
• A home for your commercial listings

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• Commercial Day at

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Q A
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The Current Commercial International MarketA
Central America Case Study