The Business of Buildings Certificate Program
This intensive two-day certificate program, produced by BOMA International and BOMI, will be offered virtually once again this year. You will receive an in-depth overview of asset management of asset management—an essential skill set for today's property manager—and gain a better understanding of how to communicate with the owner and asset manager.
If you are looking for the opportunity to establish an understanding of asset management while forming new working relationships with a group of your peers, this program is for you. On Wednesday, after you have participated in a day of dynamic sessions facilitated by experienced professionals, you will have the chance to work with a small team of other participants to complete a capstone challenge that you will present on Thursday to a panel of mock investors. Members of the winning team will receive a prize, as well as bragging rights!
Register Now
Program Schedule
Wednesday, March 2, 2022 (Noon-5:00pm Eastern)
Welcome and Housekeeping
Module 1: Asset Management Through the Lens of the Investment Cycle
In this introductory session, learners will be introduced to the basics of asset management, including objectives which commonly drive commercial real estate investments. Additionally, learners will explore best practices for acquiring assets, key elements of management during the asset holding period, and strategies for selling assets.
Breakout Rooms: Capstone Exercise
Group work on the capstone exercise and presentation.
Module 2: Impacting the Bottom Line: Creating Asset Value and Controlling Costs
In Module 2, learners will be exposed to a variety of methods for creating value through acquired assets. They will learn to distinguish the impact of increasing income from decreasing expenses, particularly within the context of lease structuring.
Breakout Rooms: Capstone Exercise
Group work on the capstone exercise and presentation.
Module 3: Making Strategic Decisions Based on Economic Trends and Market Conditions
In the third session, learners will take into account the significance of conditions within the local real estate market and current economic trends as they analyze the option to acquire new assets, sell existing ones, or change strategies for management of assets in the holding period.
Breakout Rooms: Capstone Exercise
Group work on the capstone exercise and presentation.
Thursday, March 3, 2022 (Noon-5:00pm Eastern)
Module 4: Capital Planning for Increased Financial Returns
In the fourth session, learners will investigate considerations to be made when evaluating the potential value increase to be achieved through capital improvements.
Breakout Rooms: Capstone Exercise
Group work on the capstone exercise and presentation.
Module 5: Developing a Leasing Plan to Maximize Value
In the final session preceding the capstone evaluation, learners will address a variety of factors to be evaluated when developing a leasing plan. Through the analysis of these factors, learners will recognize the need for consideration of long-term impacts to investment objectives.
Breakout Rooms: Capstone Exercise
Group work on the capstone exercise and presentation.
Module 6: Capstone Exercise Presentations
Register Now