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CCIM training confers expertise in development.
For years, the Chicago Housing Authority was the poster child for development gone wrong. Cabrini Green, for example, became a breeding ground for crime and was far more dangerous than the housing it replaced. On the bright side, Austin, Texas, shows how good development planning enhances a city's prosperity enticing more companies and employees.
These two cities illustrate the two sides of development: high risk stakes that either improve or devastate cities. Drawn to its potential, many CCIMs have become developers as their careers evolve. Or they participate on teams involved in property development.
“I am charged with growing the development capabilities and opportunities for my company,” says Troy Legge, CCIM, specialty corporate developer at Sam’s Real Estate in Matthews, N.C. “I wanted a systematic way of thinking about the different stages and tasks of real estate development, so I can create an efficient organizational structure that mitigates risk and maximizes profit-making potential.”