BARBERMURPHY Broker Associate Carter Marteeny has earned his Certified Commercial Investment Member (CCIM) designation and at age 25 is the youngest professional in Southern Illinois history to do so.
The investment real estate broker, who has been working full-time for nearly three years, passed the CCIM exam on Oct. 18 and completed the necessary industry performance criteria to earn the industry’s global standard for professional achievement. This designation is typically earned by commercial brokers who have spent a decade or more working in the industry. It requires a portfolio component of closed real estate transactions as well as four levels of classroom coursework encompassing financial analysis, acquisition, market survey studies and more.
An affiliate of the National Association of Realtors, CCIM is an international designation comprised of designees working in the profession across the globe.
“CCIM is the top of the ladder,” said Marteeny. As one of the younger people in the industry, it’s great to have some additional credibility in talking to clients. I’m grateful to spend my time in an industry I’ve found so much passion for. This job has a ton of overlap with respect to my personality, skillset and career aspirations. BARBERMURPHY and its brokers have taught me much about what it means to succeed in this profession. In particular, firm principals Collin Fischer and Steve Zuber, both CCIM holders, have been excellent mentors.”
Marteeny also credits University of Missouri Finance Professor Joe Hegger as another pivotal influence in his educational journey. Marteeny graduated in 2019 with a double major in finance and real estate.
According to Jim Rosen, vice president of brokerage at St. Louis-based Pace Properties, a CCIM designee and a 29-year industry veteran, only 90 to 100 commercial real estate brokers in the St. Louis region are CCIM designees.
“Practitioners with the CCIM designation are more confident in their abilities due to their increased skill set in discounted cash flow analysis, market analysis, user decision analysis and investment analysis of commercial real estate,” said Rosen, who teaches CCIM courses, serves on the St. Louis CCIM board of directors and is the current chairman of the CCIM’s national education committee.
Marteeny’s interest in real estate began early on during his college days. He completed multiple internships in finance and accounting. Immediately upon graduation, he landed a position with a St. Louis real estate firm. Nearly a year later, he chose to return to his home state of Illinois – and hometown of Edwardsville – and began working on the BARBERMURPHY team.
Fischer and Zuber say Marteeny’s CCIM achievement is atypical of a young commercial broker.
“Most of the success Carter has accomplished early on in his career has been a result of his own hard work,” Fischer said. “It wasn’t long after meeting him that I knew he could have a prosperous future in this industry. Carter’s CCIM designation will now afford him instant credibility with industry veterans. His passion for the industry will take him far.”
“Carter has one of the brightest futures of any of our brokers,” said Zuber. “His finance degree from the University of Missouri and now his CCIM designation puts him at a high level of competency with skill sets that investment clients require. Carter is beyond his years as a broker. We’re grateful to have someone on our team who not only talks the talk but can walk the walk. Investment properties have been and will continue to be our largest market sector. Having core-competent brokers like Carter Marteeny will continue to drive our business.”