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Contains 3 Component(s), Includes Credits Includes a Live Web Event on 12/13/2023 at 2:00 PM (EST)
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Contains 3 Component(s), Includes Credits Includes a Live Web Event on 11/08/2023 at 2:00 PM (EST)
THE PROBLEM: Office building vacancies nationwide are higher than ever, reducing income. In most cities, market conditions favor tenants. Lease concessions are common. Hybrid work schedules could impact office vacancies for the next decade or longer, reducing revenue and creating financial pressure for many landlords, office building owners and lenders. Unlike leasing agents, Property Managers and Property Accountants are not usually responsible for generating new sources of revenue. But they ARE responsible for managing in-place revenue. So … what’s the best way for Property Managers and Property Accountants to quickly impact a property’s cash flow? ONE SOLUTION: Get your escalation billings in order. Escalation income (the total of tenants’ collective shares of a building’s operating expenses) can equate to as much as 50% of Total Revenue for NNN leases and up to 20% for Base Year leases. Each lease is unique, so it can be difficult to accurately determine each tenant’s share of expenses. Nevertheless, it must be done in order to meet each lease’s negotiated economic terms. Fortunately, there are industry best practices and resources available that help you create the best outcome.
THE PROBLEM: Office building vacancies nationwide are higher than ever, reducing income.
In most cities, market conditions favor tenants. Lease concessions are common. Hybrid work schedules could impact office vacancies for the next decade or longer, reducing revenue and creating financial pressure for many landlords, office building owners and lenders. Unlike leasing agents, Property Managers and Property Accountants are not usually responsible for generating new sources of revenue. But they ARE responsible for managing in-place revenue.
So … what’s the best way for Property Managers and Property Accountants to quickly impact a property’s cash flow?
ONE SOLUTION: Get your escalation billings in order.
Escalation income (the total of tenants’ collective shares of a building’s operating expenses) can equate to as much as 50% of Total Revenue for NNN leases and up to 20% for Base Year leases. Each lease is unique, so it can be difficult to accurately determine each tenant’s share of expenses. Nevertheless, it must be done in order to meet each lease’s negotiated economic terms. Fortunately, there are industry best practices and resources available that help you create the best outcome.
Learning Objectives:
At the conclusion of the webinar, you will be able to:
- Identify why escalations matter and understand the purpose of calculating them
- Determine how a building’s occupancy, or lack thereof, impacts escalation income
- Effectively communicate with team members, such as owners, asset managers, and property accountants, to accurately calculate escalations
- Choose resources and solutions that will reduce errors, maximize accuracy, and improve tenant trust
Bill Brownfield
Founder
Brownfield & Mayerhofer
William H. Brownfield is a Counselor of Real Estate (CRE) and a Certified Commercial Investment Member (CCIM), and previously held the Certified Property Manager (CPM) designation.
Bill has been responsible for management activities of more than 28 million square feet of office properties in markets across the United States. He has also been involved in the acquisition and disposition of properties with an aggregate value in excess of one billion of dollars.
Bill has served as the 2005 chair of the Counselors of Real Estate, Houston/Gulf Coast Chapter and as a past board member of Houston’s CCIM chapter.
A recognized expert in several disciplines of commercial and investment real estate, he now serves as co-owner of a privately owned real-estate investment firm in Texas and as a partner in Brownfield & Mayerhofer. He is the author of The Escalation Handbook for Office Buildings, published by BOMA International.
Since 1986, Founders William H. Brownfield, CRE, CCIM, and Lawrence M. Mayerhofer, CPA, have been providing solutions to the operating-expense escalation issues of commercial real estate clients. Having addressed complex matters in hundreds of office buildings and thousands of leases, their collaboration brings matchless practical experience to each engagement and every client problem. Their experience is augmented by a shared commitment to building strong, enduring and mutually beneficial relationships between building owners and their tenants.
Larry Mayerhofer
Founder
Brownfield & Mayerhofer
Lawrence M. Mayerhofer is a Certified Public Accountant with more than 30 years of real-estate accounting experience.
Larry co-founded Brownfield & Mayerhofer in 1998. During a 23-year period with Equity Office Properties Trust, Larry served as Vice President of Property Accounting, where his responsibilities included managing the escalation process for more than 12,000 leases annually.
After leaving EOP, Larry led a team of consultants that implemented the Yardi CAM module for two national clients.
An accomplished leader in creating escalation standards, Larry led the design team in the creation of the ALPHA Office Escalations software and provides support for its users. He is the co-author of The Escalation Handbook for Office Buildings, published by BOMA International.
Since 1986, Founders William H. Brownfield, CRE, CCIM, and Lawrence M. Mayerhofer, CPA, have been providing solutions to the operating-expense escalation issues of commercial real estate clients. Having addressed complex matters in hundreds of office buildings and thousands of leases, their collaboration brings matchless practical experience to each engagement and every client problem. Their experience is augmented by a shared commitment to building strong, enduring and mutually beneficial relationships between building owners and their tenants.
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Contains 3 Component(s), Includes Credits Includes a Live Web Event on 10/25/2023 at 2:00 PM (EDT)
The Emerging Professionals Committee resumes their webinar series with a discussion from three industry professionals on how they’ve developed their careers in Commercial Real Estate. From balancing daily responsibilities and long-term goals, advocating for the education and tools needed to succeed, and conquering those all-too-common networking jitters, we’ve got you covered! Our speakers are here to answer questions, provide recommendations, and give sound guidance to help you thrive in a CRE career. And the best part? We’re offering this value-packed benefit at no cost. Take advantage of this opportunity today and let us be a trusted partner in your career development journey! This webinar is sponsored by Tork, an Essity brand.
The Emerging Professionals Committee resumes their webinar series with a discussion from three industry professionals on how they’ve developed their careers in Commercial Real Estate. From balancing daily responsibilities and long-term goals, advocating for the education and tools needed to succeed, and conquering those all-too-common networking jitters, we’ve got you covered! Our speakers are here to answer questions, provide recommendations, and give sound guidance to help you thrive in a CRE career. And the best part? We’re offering this value-packed benefit at no cost. Take advantage of this opportunity today and let us be a trusted partner in your career development journey!
Learning Objectives:
At the conclusion of the webinar, participants will be able to
- Understand the importance of advocating for early-career professional development and training
- Identify methods to overcome common networking barriers
- Apply strategies to build, grow, and utilize a professional network
- Learn how to take actions as an emerging professional that yield long-term professional growth
This webinar is sponsored by Tork, an Essity brand.
Kate Deady
Property Manager
Transwestern
Kate is at Transwestern in San Antonio Texas. and is currently pursing her Master's in Business at Baylor University. Her current portfolio includes medical, office and retail assets spanning around 400,000sqft in the San Antonio market. She serves as a member of the Executive Committee for BOMA International and is also a proud committee member of BOMA International Emerging Professional Committee and Energy, Resiliency, & Sustainability Committee.
Charles Hart
Senior Vice President, Principle
SELECT Commercial Services, LLC
Charles Hart serves as the company’s Senior Vice President overseeing all client relationships and business development for the Southwest and Midwest Regions. The Senior Vice President role is to serve as a resource and advisor to ownership and management in the assessment of a variety of strategic initiatives catered around serving our clients better. Our partnerships with our clients and others in the marketplace are key to understanding, identifying, evaluating, and negotiating new business opportunities, initiatives and alliances.
Charles’ tenure with SELET goes back 14 years. As one of the initial employees, Charles has worn many hats. His involvement includes being a part of fine tuning many of the field guidelines we operate with today. While developing Sales to improve the market share, Charles assisted with our initial branding and formal introductions to the marketplace, fine-tuned our Marketing & Bid survey tools, created, and improved our Sales & Proposal presentations and established a highly professional image for SELECT within all markets. His efforts were quickly recognized as instrumental in elevating the visibility of SELECT as a premier provider in an extremely competitive market.
Charles is a proud member of the following Associations: BOMA, IFMA, IREM, and the Touchdown Club. He has served these organizations as a board member, committee chairs, or a volunteer capacity in in way he can. He holds certifications through the IICRC, and LEED®. He has been married for 22 years with one son and a black lab.
Jonathan "JJ" Jones, MBA, MS SCM
Associate Director
CBRE
JonathanJones (J.J.) is a 21-year veteran in the commercial real estate industry andhas represented, developed, and managed assets from Corporate Facilities toAgribusiness on 5 different continents. In this time, he has built a top-notchnetwork and has been nationally recognized and awarded as a top manager in theindustry due to his innovation and approach.
Hisgraduate work consisted of two things: applying lean process management tocommercial real estate, and organizational behavior. The latter resulted in apublished work on the business problems of generational diversity that can befound in the International Journal of Arts and Sciences. Additionally, he was aspeaker both at Harvard and the Cambridge business and economics conference inthe United Kingdom.
J.J. isvery involved in BOMA, chairing multiple committees for his local, holdingcommittee chair at the regional level, and active at the international level.He also is a founding member of CRECI and currently serves on the Board ofDirectors for BOMI.
Elizabeth McDowell (Moderator)
Assistant Property Manager
Crescent Property Services, LLC
Elizabeth is an Assistant Property Manager with Crescent Property Services in Dallas, Texas.
She proudly serves as Chair of the BOMA International Emerging Professional Committee and is a member of the BOMA International Workforce Development Committee and the BOMA Greater Dallas Government Affairs Committee.
Elizabeth was a recipient of the J. Michael Coleman Annual Conference & Expo Attendance Scholarship and completed the BOMA Greater Dallas Building Leaders Program in 2022. Additionally, she’s part of a multiple TOBY award winning team at the local and regional level, clenching an International win in 2022.
She earned her Certified Manager of Commercial Properties (CMCP) certificate in 2021.
She was awarded the 2021-2022 BOMA Greater Dallas Administrative Assistant of the Year Lone Star Award.
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Contains 3 Component(s), Includes Credits Includes a Live Web Event on 10/19/2023 at 2:00 PM (EDT)
In today's dynamic security landscape, ensuring the safety of your commercial real estate buildings is of paramount importance. Join us for an informative and practical webinar where we will delve into the critical aspects of safeguarding your properties and occupants from the threat of active assailants. We will also discuss critical issues on active assailant preparedness in commercial real estate and empower yourself with the information you need to make informed decisions and create safer environments for all. By attending this webinar, you will equip yourself with the knowledge and tools necessary to protect your commercial real estate investments, tenants, and employees from the unforeseen threat of an active assailant. You’ll also be able to pass this valuable knowledge on to those on your team and cultivate a culture of safety for property managers, assistants, and other professionals working in commercial properties every day. Our speakers, comprised of security experts and industry professionals, will provide actionable insights to help you proactively mitigate risk and ensure the safety of your assets. Register today to secure your spot!
In today's dynamic security landscape, ensuring the safety of your commercial real estate buildings is of paramount importance. Join us for an informative and practical webinar where we will delve into the critical aspects of safeguarding your properties and occupants from the threat of active assailants. We will also discuss critical issues on active assailant preparedness in commercial real estate and empower yourself with the information you need to make informed decisions and create safer environments for all.
By attending this webinar, you will equip yourself with the knowledge and tools necessary to protect your commercial real estate investments, tenants, and employees from the unforeseen threat of an active assailant. You’ll also be able to pass this valuable knowledge on to those on your team and cultivate a culture of safety for property managers, assistants, and other professionals working in commercial properties every day. Our speakers, comprised of security experts and industry professionals, will provide actionable insights to help you proactively mitigate risk and ensure the safety of your assets. Register today to secure your spot!
Learning Objectives:
At the conclusion of the webinar, participants will be able to:
• Understand the active assailant threat and gain insights into the evolving nature of active assailant incidents, their motivations, and the tactics they employ
• Assess commercial real estate properties for potential vulnerabilities and weaknesses in security protocols
• Discover best practices for implementing security protocols, access control, and surveillance systems tailored to your building's unique needs
• Develop and fine-tune response plans that minimize harm and maximize the safety of occupants during an active assailant event
• Understand the importance of fostering a culture of safety and collaboration within your commercial real estate community
• Recognize and be informed of relevant laws, regulations, and liabilities associated with active assailant preparedness in commercial real estateSean Schuhriemen
Vice President of Intelligence and GSOC Management
Allied Universal
Sean is a protective intelligence practitioner with extensive global expertise. During his time with Allied Universal, and formerly AS Solution, he has developed a comprehensive intelligence program to support internal and client stakeholders, from managing embedded teams, providing intelligence and GSOC training and consulting, to spearheading the development of Allied Universal’s Center for Protective Intelligence which provides bespoke ad hoc and retainer-based protective intelligence support capabilities. Sean brings over 27 years combined intelligence experience with the U.S. Navy, the Central Intelligence Agency, and the private sector. Sean specializes in the development, sustainment, and professionalization of Intelligence and Operations Center programs by providing subject matter expertise in full scope documentation and operational flow development, training, mentorship, and quality control
Matthew Smith
Vice President, Director of Security
JBG Smith
Matt Smith is the Vice President, Director of Security for JBG SMITH a Washington, DC area based commercial real estate firm and developer. Matt is a retired Police Captain from Arlington County, VA. where he served 25 years. Matt is actively involved with several industry associations locally, regionally, nationally, and internationally and has previously held the following leadership positions including Chair of the American Society for Industrial Security’s International Commercial Real Estate Council, Chair of the Apartment and Office Building Association (AOBA) of Metropolitan Washington’s Emergency Preparedness Committee, and Sector Chief for the FBI Infragards’s Commercial Facilities Sector for the National Capital Region. Matt is currently the chair of the Building Owners and Managers Association (BOMA) International’s Emergency Preparedness Committee. Matt has a BS in Business Administration from Old Dominion University and a MS in Public Administration from Central Michigan University
Henry Miller (Moderator)
Risk Consultant
Allied Universal
Mr. Miller is a subject matter expert and the lead consultant responsible for developing and delivering training related to workplace safety, emergency preparedness, workplace violence and prevention, and active shooter response.
Before joining Allied Universal, Mr. Miller served for more than 32 years with the Los Angeles Police Department with more than 20 years as a supervisor in the Counterterrorism Special Operations Bureau. He has extensive experience in private-sector security and has worked in executive protection, event security, and security consulting for more than 30 years.
As a supervisor, Mr. Miller was responsible for various high-risk operations including dignitary protection, special events planning, department-wide in-service tactics and firearms training, and significant crowd control incidents. He was the lead instructor and supervisor of the Defensive Tactics Unit, the Tactical Emergency Medical Team, and the Active Shooter Training Cadre. Mr. Miller was also a member of a multi-agency panel that met to develop the multi-tiered counterterrorism response system known as MACTAC.
Mr. Miller has hundreds of hours of experience instructing first responders and civilians in emergency, crisis response, and terrorism and active shooter response.
Preston Moore
Regional Training Program Manager
Federal Protective Services, DHS
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Contains 3 Component(s), Includes Credits Includes a Live Web Event on 10/04/2023 at 2:00 PM (EDT)
BOMA International recently completed its Economic Impact Study partnering with CoStar. Join us for a discussion with Phil Mobley, Bob Six, and Brian Lewandowski as major trends impacting the office market are discussed and what the outlook is for the rest of 2023 and 2024.
BOMA International recently completed its Economic Impact Study partnering with CoStar. Join us for a discussion with Phil Mobley, Bob Six, and Brian Lewandowski as major trends impacting the office market are discussed and what the outlook is for the rest of 2023 and 2024.
Learning Objectives:
At the end of the webinar, participants will be able to:
- Understand the way in which offices are really “denser” – e.g., the same amount of space is serving more workers than ever.
- Explore the disconnect between employment and office demand that has existed since 2020.
- Understand the three factors that seem to impact demand—Commute (people want to avoid them), the concentration of tech workers, and the relative preponderance of office buildings within a submarket.
Speakers:
Bob Six, BOMA Fellow, Chair
Phil Mobley, National Director of Office Analytics, CoStar
Brian R. Lewandowski, Executive Director, Business Research Division, University of Colorado-Boulder
Thomas L. Stefaniak, MBA, CAE (Moderator)
Vice President, Association Services
BOMA International
Bob Six
BOMA Fellow, Chair
Zeller Realty
Bob Six has more than 35 years of experience in commercial real estate, 20 of which he has spent with Zeller. As chief executive officer, Six oversees all property management, leasing, development and investment activities for the firm’s more than 10 million-square-foot portfolio. Six previously served as president of BOMA/Chicago, where he remains an active member, and he serves as an advisor to the current Board of Directors. Prior to being elected president of the BOMA North Central Region in 2020, Six served four years as regional vice president and three years as treasurer. He has been involved in several BOMA International committees, including the Finance Committee, Government Affairs Committee and Industry Defense Fund Oversight Committee. Six is a member of BOMA International’s National Advisory Council (NAC), and he was named a BOMA Fellow in 2021. He also recently completed a two-year term on BOMA International’s Executive Committee.
Phil Mobley
National Director of Office Analytics
CoStar
Phil has served the commercial real estate industry for nearly 20 years as a researcher, analyst, consultant, and thought leader. His career includes stints at the commercial brokerage Avison Young, the PropTech firm Building Engines, and the research consultancy Kingsley Associates, as well as serving as an independent advisor to industry clients. With a background in customer satisfaction and tenant experience research, he views the fundamentals of commercial office building performance through the eyes of the end users. As National Director of U.S. Office Analytics, Phil helps guide CoStar’s outlook on the office market and produces value-add analysis for subscribers.
Brian R. Lewandowski
Executive Director, Business Research Division
University of Colorado-Boulder
Brian Lewandowski is the Executive Director of the Business Research Division at the Leeds School of Business, University of Colorado Boulder. Brian provides regional business and economic information and education, including economic and revenue forecasts, policy studies, economic impact analyses, and data workshops. Brian has 15 years’ experience conducting economic studies at CU Boulder. Prior to CU, he worked in both the private sector and government. He currently serves on the boards of the Denver Association of Business Economists and the Association for University Business and Economic Research and contributes to the Governor’s Revenue Estimating Advisory Committee.
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Contains 3 Component(s), Includes Credits
BOMA International has recently updated the 2010 Multi-Unit Residential Buildings Standard and has renamed it the 2023 Multi-Family and Hospitality Standard. We are happy to bring to you this newly ANSI approved standard into an open forum discussion webinar! A big question is: Should you be considering remeasuring your multi-family or hospitality property? Join this webinar to hear from the principal author as well as other contributors of the standard to discuss key differences of the new standard, as well as hear various use cases on how you can apply the standard to areas of your multi-family and/or hospitality property. During Q&A, engage with the speakers in an open forum discussion!
BOMA International has recently updated the 2010 Multi-Unit Residential Buildings Standard and has renamed it the 2023 Multi-Family and Hospitality Standard. We are happy to bring to you this newly ANSI approved standard into an open forum discussion webinar!
A big question is: Should you be considering remeasuring your multi-family or hospitality property? Join this webinar to hear from the principal author as well as other contributors of the standard to discuss key differences of the new standard, as well as hear various use cases on how you can apply the standard to areas of your multi-family and/or hospitality property. During Q&A, engage with the speakers in an open forum discussion!
Learning Objectives:
At the end of the webinar, you will be able to:
- Identify the revisions between the previous and current version of the standard
- Understand the purpose and value of applying the standard
- Determine the difference between and main purpose of the three methodology types
- Apply the standard and integrate it with mixed-use properties
This session is approved for 1 CEU. The live webinar is also approved for 1 AIA LU. BOMA International's AIA Provider Number is 50110101.
Natalie Savas, FITWEL, WELL AP (Moderator)
Associate
CBT Architects
Natalie is a designer, BOMA practitioner, and specialist in adaptive reuse design. Her education in adaptive reuse was the genesis of her growing understanding of strategic space analysis and her holistic approach to architecture, design, and construction. Natalie’s thoughtful design process focuses on the re-evaluation of a wide range of building assets to leverage their highest and best use. Whether renovation or ground-up, Natalie’s unique solutions to complex problems revitalize underperforming assets increasing and improving tenancy. Admired for her attention to detail, Natalie ensures a cohesive design vision is brought to life.
David Fingret
Principal
Extreme Measures Inc.
David Fingret is a principal owner of Extreme Measures Inc; a company providing advanced building measurement and BOMA area analysis services throughout North America.
David is a long-standing member of the BOMA International Floor Measurement Standards Committee and currently serves as the Vice Chairman. David is the editor and illustrator of the BOMA measuring standard publications since the release of BOMA Office 2017.Mike Bishop
Vice President, Asset Management
Third Space Properties Inc.
Mike is the VP of Asset Management at Third Space Properties where he oversees the property and asset management team. With over 30 years of property and asset management experience he has worked in most asset classes including office, retail, hotel, multi-family, and mixed-use properties throughout Western Canada and United States. Mike is passionate about the real estate management sector and is a Past Chair of both the Building Owners and Managers Association of BC and Canada. He is also an active volunteer on several community social service boards.
Bryant Cukier
President
PACE Compumetrics
Bryant Cukier is President at PACE Compumetrics and has spent over 20 Years working at PACE and being involved in Building Measurement and BOMA Standards. Since 1984 PACE has been providing Square Footage Calculations and As-Built Floorplans for owners and managers of commercial properties. To date, PACE has measured and drawn over 1 Billion square feet of properties across the country. PACE has served on the BOMA Measurement Standards committees since the development of the BOMA 1996 Standards and has been involved in every BOMA Standard since, along with serving on the BOMA Interpretations Committee.
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- Identify the revisions between the previous and current version of the standard
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Contains 3 Component(s), Includes Credits
Discover how to F3 (Find, Focus and Fix) it to Promote Growth! — In this webinar, you will discover what areas in the commercial real estate industry may be vulnerable to unethical practices and how to fix them. By mitigating ethical issues, you will see how you can promote growth in commercial real estate. This webinar will demonstrate how to abate unethical practices across the industry whether you are a real estate service provider, property manager or building owner! In addition, this webinar will explore the workforce’s ethical responsibilities as it relates to the organizations’ mission.
Discover how to F3 (Find, Focus and Fix) it to Promote Growth! — In this webinar, you will discover what areas in the commercial real estate industry may be vulnerable to unethical practices and how to fix them. By mitigating ethical issues, you will see how you can promote growth in commercial real estate. This webinar will demonstrate how to abate unethical practices across the industry whether you are a real estate service provider, property manager or building owner! In addition, this webinar will explore the workforce’s ethical responsibilities as it relates to the organizations’ mission.
Learning objectives
At the conclusion of this webinar, participants will be able to:
- Elaborate on common ethical breeches in the commercial real estate industry.
- Discuss the reasons why ethical dilemmas exist in industry.
- Identify ways an employer can implement ethical practices in the workplace.
- Explain what an employee can do if they discover that a colleague is violating their company’s code of ethics.
- Articulate how the ethical framework shapes an organization’s ethical practices.
This session is approved for 1.75 CEU | AIA LU. BOMA International's AIA Provider Number is 50110101.
Dr. Alfred Robinson
CEO
Masters Global Empowerment Group LLC
Dr. Alfred (Al) Robinson is the Chief Executive Officer for Masters Global Empowerment Group LLC. located in Maryland, where he serves as the subject matter expert in ethics, fraud, leadership, innovation, and communication. He also serves as the Senior Training Advisor within the Department of Defense (DoD) located in Washington D.C. In this role, he advises senior executives on the Global Learning Management System (LMS) enterprise-wide for instructor led and computer base training for multiple systems in one hundred and forty plus countries. Previously, he served as the Chief of Personnel for the Air Force Element (AFELM) in the Intelligence Community (IC), Chief of the Essential Personnel Services for the Defense Attaché’ Services, IC; J1 Chief for DoD at Bagram Air Base, Afghanistan. Prior to DoD, Dr. Robinson served as the Talent Acquisition Manager at the Metropolitan Washington Airports Authority (MWAA). Before that assignment, he served as the Talent Acquisition Manager on Capitol Hill. He retired from the U.S. Air Force as the Chief of Acquisition for the D.C, Maryland and Virginia region. He completed his post graduate work at Walden University and his graduate work at Central Michigan University. He is a Master Performance Consultant and is certified in Human Resources (HRC), Lean Six Sigma (LSS) and as a Special Security Officer (SSO).
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Contains 3 Component(s), Includes Credits
Older commercial buildings aren’t obsolete. However, they do need to remain competitive with shiny new buildings entering the market. In a marketplace where new, modern properties seem to have the upper hand, this educational webinar will redefine your perspective on old buildings, proving they are far from obsolete. We’ll guide you through innovative strategies to minimize risk and maximize building value, ensuring your properties stand strong amid market competition. We’ll also introduce you to the cutting-edge applications of AI and machine learning in the realm of property management. You’ll learn how these advanced technologies can improve operations and increase your property’s desirability and worth. This session is specifically designed for commercial real estate owners and property managers interested in capitalizing on the untapped value of their buildings. Join this webinar for a powerful opportunity to shift your paradigms and equip yourself with the knowledge to make the most out of your buildings.
Older commercial buildings aren’t obsolete. However, they do need to remain competitive with shiny new buildings entering the market.
In a marketplace where new, modern properties seem to have the upper hand, this educational webinar will redefine your perspective on old buildings, proving they are far from obsolete. We’ll guide you through innovative strategies to minimize risk and maximize building value, ensuring your properties stand strong amid market competition.
We’ll also introduce you to the cutting-edge applications of AI and machine learning in the realm of property management. You’ll learn how these advanced technologies can improve operations and increase your property’s desirability and worth.
This session is specifically designed for commercial real estate owners and property managers interested in capitalizing on the untapped value of their buildings. Join this webinar for a powerful opportunity to shift your paradigms and equip yourself with the knowledge to make the most out of your buildings.
Learning Objectives
By the end of this webinar, you will:
· Identify and assess the hidden value potentials in your buildings and formulate strategies to leverage them
· Understand the risk factors affecting the value of your buildings and apply effective methods to mitigate them
· Explore how AI and machine learning can enhance tenant comfort and learn to implement these technologies in your properties
· Maximize building value by balancing traditional management practices with innovative, technology-driven strategies
This session is approved for 1 CEU | AIA LU. BOMA International's AIA Provider Number is 50110101.
Jeff Thompson
Head of Global PM Technology Product Management
Building Engines
Jeff Thompson is Head of Global PM Technology Product Management. Jeff joined Building Engines in 2018 via its acquisition of AwareManager, where he was Co-Founder and CEO. He has 30 years of experience applying technology to complex problems in the built environment in the Americas and abroad, including product design, engineering, and solution architecture for top tier owner/developer/managers and facilities management assignments. At Building Engines, Jeff’s responsibilities include the core modules of Prism, the company’s next generation platform for connected real estate.
Sandy Jacolow
SVP, Chief Technology Officer
Empire State Realty Trust
Sandy Jacolow is the Senior Vice President, Chief Technology Officer at Empire State Realty Trust. He oversees technology initiatives for the company’s real estate portfolio supporting their Property Management, Leasing, Development, Marketing, and Accounting teams. His responsibilities also include The Empire State Building (ESB) which was named #1 Top Attraction in the U.S. for the second consecutive year – and fifth worldwide – in TripAdvisor’s 2023 Travelers’ Choice Best of the Best. He also spearheads innovation focusing on Environment, Social, and Governance (ESG) and PropTech activities and works closely with the Cyber and Compliance teams to monitor and mitigate risk associated with today’s technology landscape.
Prior to Empire State Realty Trust, Mr. Jacolow served as Chief Information Officer at Meridian Capital Group, a role in which he oversaw their brokerage, investment sales, and retail leasing initiatives. Prior to Meridian he served as Silverstein Properties’ Chief Information Officer, a role in which he oversaw technology initiatives supporting the company’s property management, asset management, leasing, digital marketing, and construction & development activities. His role expanded across their Silver Suites and World Trade Center Management & Development lines of business.
Mr. Jacolow currently is a member of the Real Estate of New York (REBNY) Technology Steering Committee, chairperson of their Cyber Security Committee, and co-founder of their annual PropTech Challenge. Additionally, he serves as a Board Member of the Global Cyber Consortium and is a member of the Realcomm Advisory board. During his career Mr. Jacolow has previously served as chairperson of the NCREIF Information Management Committee, a member of the REIS Council, a member of NAREIM’s IT Advisory Council, and a founding member on the Board of Directors for OSCRE International.
Jose Castellanos
Global Offering Manager - Premium Commercial Smart Buildings
Honeywell
Jose earned his bachelor’s degree from Universidad Tecnologica de Mexico, and his MBA from Emory University. He has over 12 years of experience across Telecommunications, Government and Building Automation industries. Currently he is a Global Offering Manager for the commercial real estate for Honeywell Building Technologies
Tara Faulkner (Moderator)
Director of Growth Marketing
Building Engines
Tara Faulkner is Director of Growth Marketing for Building Engines and heads up their demand generation and growth strategies; developing initiatives that fuel the pipeline including digital campaign planning, lead generation and nurturing, and account-based marketing efforts for the firm. She has over 25 years’ experience in directing high-level strategy for organizational rebranding, internal and external communication, comprehensive marketing programs, and team leadership and development for companies across a myriad of industries, including higher education, management consulting, and high tech.
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Contains 3 Component(s), Includes Credits
Did you know that the building and construction industry is responsible for nearly 38% of global energy and process related carbon dioxide emissions? To meet the Paris agreement and the U.S. government’s regulatory objectives, it's time to decarbonize rapidly! In this webinar, panelists will uncover the global and local initiatives the governments are driving, how to invest toward carbon reduction, as well as how they’re using ESG as a solution to drive change. In addition, you will discover how the Inflation Reduction Act of 2022, which provided $369B for clean energy and climate change, can be leveraged through tax credits to make thermal energy storage your low-cost alternative. Join this webinar to help you move beyond the basics and propel a reduction in carbon emissions through the optimizing your building’s equipment!
Did you know that the building and construction industry is responsible for nearly 38% of global energy and process related carbon dioxide emissions? To meet the Paris agreement and the U.S. government’s regulatory objectives, it's time to decarbonize rapidly! In this webinar, panelists will uncover the global and local initiatives the governments are driving, how to invest toward carbon reduction, as well as how they’re using ESG as a solution to drive change. In addition, you will discover how the Inflation Reduction Act of 2022, which provided $369B for clean energy and climate change, can be leveraged through tax credits to make thermal energy storage your low-cost alternative. Join this webinar to help you move beyond the basics and propel a reduction in carbon emissions through the optimizing your building’s equipment!
At the conclusion of the webinar, participants will be able to:
- Recognize the impact of the built environment on Greenhouse gases (GHG)
- Understand how to collect whole building ESG data and use it to track progress on energy efficiency goals
- Identify low carbon strategies to help meet the climate challenge
- Examine the changes and additions to tax deductions, tax credits, and accelerated depreciation available through the IRA, as well as the associated paperwork
- Understand the economic value of incorporating tax credits on chiller plant systems
Shelby Christensen (Moderator)
Director of Operations, BOMA Fellow
Hayden Management Company
Shelby Christensen joined Hayden Management Company in 2021. As Director of Operations, she is responsible for property management, construction management, and sustainability. Prior to joining Hayden, she was Senior Vice President of Operations for Liberty Property Trust's 106 million square feet of office and industrial real estate throughout the United States and United Kingdom. She was responsible for portfolio operations, risk management, sustainability, capital expenses, tenant improvements, business processes, operational metrics, national marketing and general and administrative expenses.
Ms. Christensen is a long-term member of BOMA (Building Owners and Management Association), served as Chair of BOMA International for the 2020-2021 term, and has served on the BOMA International Executive Committee and Industrial Committee and Chaired the National Advisory Council. Ms. Christensen has served as a member of FM Global’s Advisory Board and the Drexel University Property Management Industry Advisory Board. As a LEED Green Associate, certified by the US Green Building Council, Ms. Christensen has been instrumental in the “greening” of portfolios and property management operations. In recognition of her over 30 years’ industry experience, she has served as a panelist at the Realshare Green Conference, several BOMA International Conferences and webinars, been interviewed for Developer and Real Estate Media magazines, and been asked to present to institutional investor groups and industry executives.
Joe Consolo
Industry Principal
Yardi
Joe Consolo is a director with more than 20 years of business leadership experience. He has expertise in business development, operational excellence, sustainability and team leadership. Joe worked in multiple industries, including the energy, commercial, oil and gas, semiconductor, and medical fields. He started his career at Yardi in 2016 and has been instrumental in leading our growing energy business.
Bruce Lindsey
Business Development Team Leader, Thermal Energy Storage
Trane Technologies
Bruce B. Lindsay is the Business Development Leader for Trane Technologies’ Thermal Energy Storage systems. He has been involved in thermal energy storage research, engineering, sales, and operation for over 30 years. He was the Executive Director of the EPRI (Electric Power Research Institute) Thermal Storage Applications Research Center at the University of Wisconsin –Madison. He is a licensed Professional Engineer in the State of Wisconsin. He most recently managed the energy and resource conservation program for Brevard Public Schools, which had 20 schools with ice storage systems. He published a history of thermal energy storage in the ASHRAE Journal and received the US Green Building Council’s 2020 Best of Green Schools-Transformation Award for his work on an ASHRAE Building Energy Quotient pilot program. He served as Chair of TC2.5, Global Climate Change, and TC7.8, Owning & Operating Costs, and is currently the Program Chair for TC6.9, Thermal Storage. He was appointed to the ASHRAE Epidemic Task Force—Schools Team. He currently serves as President of the ASHRAE Space Coast Section and been appointed as an ASHRAE Distinguished Lecturer.
Rick Garlin
Corporate National Accounts
PPG Architectural Coatings
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Contains 22 Component(s), Includes Credits
The Foundations of Real Estate Management (“Foundations”) is a comprehensive introduction to commercial real estate covering topics in broad areas. Foundations helps learners better understand the "nuts and bolts" of real estate management – focusing on the role of property/facilities management and its impact on asset value. In most cases, learners can immediately apply the knowledge they obtained from the Foundations of Real Estate Management course when they return to the office the very next day. The ROI from this course is immediate and significant.
BOMA International is excited to bring to you the newly revised 2022 Foundations of Real Estate Management (“Foundations”) virtual certificate program!
To complete the program, learners must complete all training sessions. Registration includes one digital textbook; access to the digital textbook will be emailed within 2 business days of registration.
Foundations is designed to provide learners with practitioner-level training in essential real estate management skills. The program was developed for early career real estate professionals, but Foundations benefits everyone on your team, including:
- Early career real estate managers
- Administrative and support staff
- College students and candidates exploring careers in commercial real estate
- Analysts and asset managers
- Building engineering team members
- Vendors who want to understand real estate management
Even the most seasoned real estate managers will take away “something new” from every session.
Foundations helps learners better understand the "nuts and bolts" of real estate management – focusing on the role of property/facilities management and its impact on asset value. In most cases, learners can immediately apply the knowledge they obtained from the Foundations of Real Estate Management course when they return to the office the very next day. The ROI from this course is immediate and significant.
Foundations was created in 2007, and thousands of real estate professionals worldwide have given it rave reviews. The course was revamped in 2022 to ensure the content is relevant for today’s real estate managers. Content includes:
- Module 1: Introduction to Real Estate Management
- Module 2: Property Types
- Module 3: Creating Value
- Module 4: Protecting the Asset
- Module 5: Accounting, Reporting and Budgeting
- Module 6: The Building and Its Systems
- Module 7: Property Services
P. Marc Fischer, BOMA Fellow, MBA, CPM®, RPA®, CCIM®, LEED® Green Associate
InspiRE CRE, LLC
P. Marc Fischer, BOMA Fellow, MBA, CPM®, RPA®, CCIM®, LEED® Green Associate is President & CEO of InspiRE CRE, LLC, a Mid-Atlantic-based commercial real estate consulting and training organization. A former president of BOMA/Baltimore, Fischer is an inaugural member of the BOMA Fellows program. In addition to authoring many BOMA International courses and publications, including the Foundations of Real Estate Management program, he is a sought after speaker on a variety of commercial real estate topics.
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- Non-member - $1,200
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