News: Owners Developers & Managers

BOMA Boston Update: Ski trip, BOMI education and more

On Friday, February 16th BOMA Boston hosted their Annual Ski Trip at Loon Mountain. 75 BOMA members and guests hit the slopes. Attendees enjoyed breakfast, a buffet lunch, and an après-ski reception with a cash bar. Thank you to ATI Restoration and Greenscape for sponsoring this wonderful event!

Join BOMA Boston for the annual benefit to support their charitable partner, Bridge Over Troubled Waters. Enjoy a festive cocktail soiree with delicious hors d’oeuvres, exclusive raffle prizes, and an exciting fundraiser for all! Bridge Over Troubled Waters is Boston’s foremost agency providing life-changing services for homeless, runaway, and at-risk youth. We hope you can join BOMA to support their crucial work for our community. For questions on how to attend or donate, please email Courtney Sullivan or visit https://bomabenefit.weebly.com/registration--raffle.html.

BOMA’s partnership with BOMI International remains strong. Through educational offerings, BOMA members and non-members learn from senior professionals in the commercial real estate industry to work towards earning their RPA or FMA designations, or PAC or PMFP certifications. For more information contact Kathryn Morgan, kmorgan@gbreb.com.

BOMI: Budgeting & Accounting will begin on Monday, March 18th and end on Wednesday, April 10th. Taught by Barry Familetto, Stetson Management, the class will take place on Mondays and Wednesdays virtually via Zoom. The budgeting and accounting course updates reflect the latest industry practices and standards. Innovative microlessons that focus on practical applications provide real-world insights and strategies you can implement immediately. You’ll learn the skills to effectively analyze financial statements, create budgets, manage and address budget variations, prepare rent rolls, and how to attract and retain high-quality tenants using tenant profiles. For questions or to register, please contact Kathryn Morgan, kmorgan@gbreb.com. 

BOMI: Environmental Health & Safety Issues will start on Tuesday, April 23rd and conclude on Thursday, May 16th. The class will be taught by Brendan Reilly of ATI Restoration and takes place via Zoom from 9:00am – 12:00pm. Environmental Health and Safety Issues presents best practices for developing and managing an effective environmental health and safety program. You will learn about the regulatory process and how it affects facilities. Compliance with laws and regulations is a key focus. The course will prepare you to conduct site assessments, analyze risk, and cooperate with compliance audits. For questions or to register, please contact Kathryn Morgan, kmorgan@gbreb.com.

Registration is now open for BOMA Foundations, held Fridays, April 26th – May 31st at 3 Center Plaza. A soup-to-nuts, seven-module, 30-hour, entry-level course, covering the fundamentals of commercial real estate administration, management, building systems, accounting and reporting, contract management and more. Seasoned industry professionals will teach each module and participants will have the opportunity to get feedback in this live setting.   Participants will also partake in four building tours. For questions or to register, please contact Kathryn Morgan, kmorgan@gbreb.com.

The commercial real estate industry has a professional certification that provides early recognition for foundational knowledge and guides the next generation of property managers toward greater responsibility and success in their careers: The Certified Manager of Commercial Properties (CMCP). The CMCP is the only certification of its kind for early career commercial property managers – you may qualify with as little as one year’s experience. Learn more at https://www.creci.org/the-cmcp-advantage/.

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.

 

READ ON THE GO
DIGITAL EDITIONS
Subscribe
READ ON THE GO
DIGITAL EDITIONS
Subscribe
STAY INFORMED FOR $9.99/Mo.
NEREJ PRINT EDITION
Stay Informed
STAY CONNECTED
SIGN-UP FOR NEREJ EMAILS
Newsletter
Columns and Thought Leadership
Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary