REAL ESTATE PROFESSIONAL FROM BARBADOS EARNS PRESTIGIOUS DESIGNATION
A local real estate professional has become the first in the island to receive the Certified Commercial Investment Member (CCIM) designation. Hayden Hutton, Director of Brokerage and Advisory Services at leading regional real estate firm Terra Caribbean, was presented the prestigious designation during the CCIM Institute’s annual conference held on October 12 in Phoenix, Arizona.
CCIM’s are recognized experts in investment analysis, commercial real estate brokerage, leasing, valuation and asset management. The designation is awarded upon successful completion of a graduate-level education curriculum and presentation of a comprehensive portfolio of qualifying industry experience. The curriculum addresses: financial analysis, market analysis, user decision analysis and investment analysis – the cornerstones of commercial investment real estate. With Hutton being awarded the coveted designation, Terra Caribbean is even better equipped to offer an enhanced range of real estate advisory services.
“There are a number of qualified valuers operating in the local market, however less emphasis has been placed on the more specialized advisory products and services such as portfolio reviews, comparative investment analysis, lease versus own analysis etc.,” said Hutton.
While many professionals complete the CCIM designation over a three to five-year period, Hutton completed the designation in two years gaining an exceptional score of 98% on the designation exam in Phoenix.
Terra Caribbean is known for its focus on knowledge and encouraging the continual professional development of its staff.
“Knowledge is the foundation of our brand. In order to deliver on that value proposition we must not only have knowledge but we must also be ‘knowledgeable‘. Over 75% of our professional staff have either completed or are currently enrolled in continuing education courses or designation programs.”
CCIM Designees include professionals who work in brokerage, investment and development, the corporate environment, property management, appraisal and related segments of commercial real estate. The network encompasses more than 1,000 markets around the world.