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.

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!

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 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.

Coming Soon!