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News: Owners Developers & Managers
Posted: October 4, 2024
BOMA Boston update – BOMA networking, education classes and the TOBY & Industry Awards
Boston, MA BOMA Boston will host a Connect with BOMA Breakfast Tuesday, October 8th, 2024, at Chrome Gym (1 Center Plaza, Boston) 9:00 - 10:30 a.m. The Connect with BOMA Breakfast is designed for current, new, and prospective members to learn more about committee involvement, networking opportunities, BOMI Course offerings, and how to become more involved with BOMA. BOMA staff will be on site to answer any questions you might have regarding your membership. This event is complimentary to BOMA Boston members and prospective members.
2024 BOMA Fallfest is on October 10th, 2024, at 100 Federal Street. 300 BOMA industry and affiliate companies will join for a night of networking. Registration is complimentary for BOMA industry members and $75 for industry nonmembers. Thank you to our Affiliate Members for sponsoring. The event is sold-out for Sponsors and Affiliate Members. To see the list of sponsors, visit the BOMA website. For questions, contact Courtney Sullivan (csullivan@gbreb.com).
BOMI: Real Estate Investment & Finance will kick off on Tuesday, October 15th and will occur Tuesdays and Thursdays, ending on November 17th. Class will be held virtually on Zoom. This course teaches you to take charge of real estate investments to maximize a property’s value. Combining the latest industry practices with practical applications, you will learn basic financial concepts related to real estate, including income capitalization, valuation, analysis, taxation, depreciation, and life cycle costing. In addition, you’ll learn to evaluate real estate investments and develop budgets estimating net operating income, including spreadsheet examples that showcase current calculation methods and provide multiple resources to address your investment and finance needs. For questions or to register, please contact Kathryn Morgan (kmorgan@gbreb.com).
Join us for this half-day short course to learn about Drawing Basics and how to read blueprints and architectural drawings from beginning to end on Wednesday, October 23rd. The course will cover the four Ds of how-to bring project management and commercial real estate to life - Discovery, Design, Documentation, and Delivery. Iramis Luz Audet and John Hubbard with Ci Design Inc., will deliver a comprehensive lesson plan that will leave you feeling more confident about the project management component of the industry. Registration is open and is $75 for members, and $100 for nonmembers.
The submissions are in, and judging is now underway for the 2024 BOMA Boston TOBY & Industry Awards. The awards reception will be held on Thursday, November 14th at the Westin Copley Place from 5:30 – 9:00 p.m. Registration and sponsorships are now available for Boston Commercial Real Estate’s biggest night. For questions, contact Kayla Burmeister (kburmeister@gbreb.com) or visit www.bomabostontoby.com/
Our final designation class of 2024 BOMI: Law & Risk Management will take place on Mondays and Wednesdays from November 18th to December 12th. In today’s complex business environment, it is becoming increasingly important for property managers to know how to address legal and risk management issues. This course will provide a foundation in the basic principles of law and risk management, helping you deal with everyday legal and risk issues. The new application-based microlessons provide a guided tutorial for the correct process of creating a deed and the legal aspects of enforcing it, tools and strategies to ensure your lease agreements are fully compliant - minimizing risks and maximizing returns, and an understanding of how to manage insurance coverage strategically, ensuring optimal protection while avoiding over-insurance pitfalls. For questions or to register, please contact Kathryn Morgan, kmorgan@gbreb.com.
For more information about events or educational offerings, and to get involved with BOMA Boston, visit our website at www.BOMAboston.org. Follow us on Twitter and Instagram @BOMABoston and on LinkedIn.
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Columns and Thought Leadership
You can’t manage what you don’t measure - by Jay O'Connor
Reasons to submeter electrical and HVAC Loads At standalone and multi-unit properties. As a property owner or manager, we all should understand the importance of managing costs, promoting conservation efforts, and maintaining compliance with regulations. Submetering is a powerful tool that can help you achieve these goals and more.
Capitalizing on next-gen electric vehicle charging in New York/New England real estate - by Hooman Shahidi
For property owners and developers, tenant experience is everything. This means top-notch building amenities and technology integrations that match their lifestyle. As the electric vehicle (EV) industry grows, EV charging is at the top of their list of amenities.
The value of comfort: The workplace will never be as convenient as home, but it can be as comfortable - by Steve Hibbard
In real estate construction and development, there are numerous balances struck between comfort and affordability. We all want the class A office space with artisanal trimmed offices, brilliant lighting, silent air systems, and the hilltop belvedere view from the executive suite. Everyone wants that coveted corner office.
Brownfield redevelopment: Sometimes it’s not just about economic development - by George Naslas
The redevelopment of brownfield sites is often associated with the revitalization of a property to bring it back into productive use, generate local tax revenue, and increase local employment. Redevelopment can also be part of a green or open space development, such as a riverwalk, park, or rail trail.
