What license might managers for commercial properties, such as shopping centers, need?

The appropriate license that managers for commercial properties, such as shopping centers, might need is the Commercial Property Manager (CPM) designation. This designation is specifically designed for property management professionals who manage commercial real estate, which includes shopping centers, office buildings, and other business-centric properties. The CPM provides specialized training and education in areas essential to commercial property management, including financial management, property maintenance, leasing, and tenant relations.

While the Community Association Manager (CAM) license focuses on managing community associations (like homeowners' associations), it does not encompass the broader scope and specific skills required for commercial property management. The Certified Apartment Manager (CAM) designation concentrates on multifamily housing and apartment management rather than commercial properties. The Real Estate Broker License is broader and primarily pertains to the sale of real estate rather than management.

Understanding the distinctions between these licenses is crucial for property management professionals to ensure they are equipped with the correct knowledge and skills necessary for their specific management roles.