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[IMGCAP(1)]FORT WORTH-Eyeing a push into Europe and Asia, Integra Realty Resources Inc. has added two more top-level executives to its roster in the London-based Royal Institution of Chartered Surveyors. To put the achievement into perspective, there are 53 RICS professionals in Integra’s network and just 33 among Dallas/Fort Worth’s 3,000 commercial brokers.

Ben D. Loughry, a founding stockholder and managing partner of Integra’s Fort Worth and Dallas offices, and Donnie Sherwood, managing director in Fort Worth, have passed the bar for the elite band of professionals. Loughry says at least two or three more professionals on his teams are in the running for the RICS designation, which is viewed as a must-have to secure international business as valuation experts in property, land, construction and related environmental issues.

“We fully expect Integra will launch into the European market in the next two years,” Loughry tells GlobeSt.com. “We’re preparing ourselves for entry into that market and for more investors from Asia who recognize that designation.” Loughry confides that talks are under way with an independent foreign firm “with its feet on the ground to bring into the Integra family.”

Integra’s RICS team includes nine who have reached the “fellow” level. In all, RICS has 145,000 members in 146 countries, of which there are 2,500 in the Americas. At the forefront of the RICS’ drive is Integra managing director Marty Glen in San Antonio, who’s held the designation for years.

[IMGCAP(2)]Loughry, marking his 39th year in the industry, and Sherwood, with 30 years’ experience, also hold MAI designations, the highest level that can be reached in the Chicago-based Appraisal Institute. Of its 22,000 members in 92 chapters worldwide, there are just 10 MAIs in Dallas/Fort Worth.

Loughry says that RICS and MAI could end up competing for international turf because globalization has created the need for valuation standardization. “We think there’s going to be a universal designation that will boil out of all this,” he says. “We believe it will be RICS, but MAI will still be more recognized in the US.”

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