News: Owners Developers & Managers

BOMA Boston update: Connect with BOMA Breakfast, BOMA Ski Trip, BOMI Education and more!

Boston, MA On January 18th, BOMA hosted the first roundtable of 2024. The Property Management Excellence Roundtable featured 2023 TOBY & Industry award winners! Moderated by Clayton Wentworth, 2024 BOMA Boston president with Alexandria Real Estate Equities; panelists, Angela Iannuzzi, property manager, National Development; Michael Nadeau, LEED AP, property manager, Oxford Properties; Kayla Pulliam, real estate manager, CBRE; and Julissa Taveras, senior account manager, C&W Services shared stories and insights about how to maximize building efficiency and how to run a cohesive team. It was great to see over 60 BOMA members and guests for some industry networking.

Are you interested in meeting the BOMA board, networking with BOMA members, learning how you can get more involved to make the most of your BOMA membership? If you answered yes to any of these questions, we hope you can join us on Tuesday, February 13th for our semi-annual Connect with BOMA Breakfast! The Connect with BOMA Breakfast sponsored by BlueSky Restoration 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. Light breakfast refreshments and coffee will be provided. Registration is complimentary for BOMA members and prospective members. To register, please contact Allison Silva, asilva@gbreb.com. 

On Friday, February 16th BOMA Boston is hosting their Annual Ski Trip at Loon Mountain! Hit the slopes with an all-day?ski?lift ticket or an activity pass, including snowshoeing, tubing, skating, zip lining, and cross-country?skiing! Relax with BOMA friends in a private event space and enjoy breakfast, a buffet lunch, and an après-ski?reception with a cash bar. For questions, please contact Allison Silva. Thank you to ATI Restoration and Greenscape for sponsoring this wonderful event!

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: The Design, Operation, and Maintenance of Building Systems, Part I will be starting up on February 6th and will conclude on March 7th. It will take place on Tuesday and Thursdays virtually via Zoom and will be taught by David Thompson of Jamestown. In this course, you will learn about building design and construction, project delivery, construction materials, and building systems, including HVAC, roofing, and plumbing systems, as well as ceilings, flooring, and interior walls. Registration will be open soon. For questions, please contact Kathryn Morgan.

BOMI: Ethics is Good Business will take place on Friday, March 1st via Zoom from 9:00am – 4:00pm and will be taught by Mark Giampa of Related Beal. Ethics Is Good Business ShortCourse will provide you with the tools to make sound ethical decisions. As you will discover, the information in this course book provides a framework for analyzing and responding to ethical problems. During this ShortCourse, you will read passages that reinforce the key concepts and issues presented. You will also encounter specific case studies that illustrate the need for you to have a firm ethical foundation for the decisions you will make. Registration will be open soon. For questions, please contact Kathryn Morgan.

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. Registration will be open soon. For questions, please contact Kathryn Morgan. 

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. Registration will be open soon. For questions, please contact Kathryn Morgan.

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/. 

Please save the date for the 2024 BOMA Benefit! This year’s BOMA Benefit, benefiting Bridge will take place on Wednesday, April 3rd at the UMass Club from 5:30 – 8:30 p.m. Registration will open in early February. For questions or more information, please contact Courtney Sullivan, csullivan@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.

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