The Business of Buildings: A Property Manager's Guide to Asset Management

         

New to the conference this year, BOMA International and BOMI International have partnered to present an intensive certificate program. You will learn the fundamental competencies of asset management -- an essential skill set for today's property manager, and gain a better understanding of how to communicate with the owner and asset manager. This modular program is a focused sequence of five one-hour sessions over three days, culminating with 90-minute capstone exercise.

Module 1:  Asset Management through the Lens of the Investment Cycle
Sunday, June 26, 9:30 - 10:30 am

Instructor: Joe Markling, RPA, CPM, Senior Managing Director, Strategic Accounts, CBRE 
In this introductory session, learners will be introduced to the basics of asset management, including objectives which commonly drive commercial real estate investments. Additionally, learners will explore best practices for acquiring assets, key elements of management during the asset holding period, and strategies for selling assets.

Module 2:  Impacting the Bottom Line: Creating Asset Value and Controlling Costs

Sunday, June 26, 11:00 am - Noon
Instructor: P. Marc Fischer, CPM®, RPA®, CCIM®, LEED® Green Associate, BOMA Fellow, Principal, InspiRE Real Estate Services

In the second session, learners will be exposed to a variety of methods for creating value through acquired assets. They will learn to distinguish the impact of increasing income from decreasing expenses, particularly within the context of lease structuring.

Module 3:  Making Strategic Decisions based on Economic Trends and Market Conditions
Monday, June 27, 2:15 - 3:15 pm
Instructor: Joe Markling, RPA, CPM, Senior Managing Director, Strategic Accounts, CBRE

In the third session, learners will take into account the significance of conditions within the local real estate market and current ecomonic trends as they analyze the option to acquire new assets, sell existing ones, or change strategies for management of assets in the holding period.

Module 4:  Capital Planning for Increased Financial Returns
Monday, June 27, 3:30 - 4:30 pm
Instructor: Dave Hewett, BOMA Fellow, davidwhewett, inc.

In the fourth session, learners will investigate considerations to be made when evaluating the potential value increase to be achieved through capital improvements.

Module 5:  Developing a Leasing Plan to Maximize Value
Tuesday, June 28, 9:30 - 10:30 am
Instructor: P. Marc Fischer, CPM®, RPA®, CCIM®, LEED® Green Associate, BOMA Fellow, Principal, InspiRE Real Estate Services

In the final session preceding the capstone evaluation, learners will address a variety of factors to be evaluated when developing a leasing plan. Through the analysis of these factors, learners will recognize the need for consideration of long-term impacts to investment objectives.

Module 6:  Capstone Exercise
Tuesday, June 28, 2:15 - 3:45 pm
Building case study evaluation exercise.


Registration Fee

  • $395 for Business of Buildings course only, not attending the BOMA International Conference
  • $65 for Business of Buildings course in addition to BOMA International Full Conference registration fee - BOMA Member
  • $125 for Business of Buildings course in addition to BOMA International Full Conference registration fee - Non-Member

    This program is sold out.

Certificate Requirements

Learners who attend a minimum of four education track modules as well as the mandatory Capstone Module and earn a passing score on assessments for each module attended will qualify for the Certificate of Participation. This certificate may be applied as five credit hours to the point requirement in the Continuing Professional Development (CPD) program to maintain active status in the BOMI International RPA and FMA designation programs, or continuing education unit for other education requirements.