Economy

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Taxing Industry Resources

April 7, 2020 | By Liz Wolf

As Ben Franklin once said, the only two certainties in life are death and taxes. While property professionals are more than accustomed to paying commercial property taxes, there’s a national trend of increased taxation on the commercial real estate industry as state and local governments try to make up budget shortfalls and seek additional funding for programs and services.

NAC Members Talk Future Trends

February 25, 2018 | By Patricia M. Areno, CAE

Yogi Berra once famously quipped, "The future ain’t what it used to be." That message certainly rang true at BOMA International’s National Advisory Council (NAC) meeting in Scottsdale, Arizona, this past October, where a record crowd of senior executives discussed trends that will change the commercial real estate business as we know it today. In a lively program that featured real estate researcher and advisor Chris Lee, technology guru Jim Young and others, the message was clear: Big changes are coming. In fact, they’re already here.

2018 U.S. Economic and Market Outlook

January 4, 2018 | By Andrew J. Nelson

Property markets in the United States are robust by just about every key metric. Volumes of both sales and leasing still rank among the strongest rates ever recorded, while pricing in major markets remains well into record territory.

2020 Vision: Predicting the Future of PropTech Investment

January 6, 2020 | By Jim Young

It’s easy to spot something new, but it’s not always easy to identify the beginning of a real trend. This past decade saw huge advancements in PropTech innovation; 2020 promises even more changes. Look out for these 15 trends to impact the built environment over the next year-and beyond.

Highlights from the NAC Fall Meeting

October 24, 2019 | By BOMA International

Your property data is kind of like laundry: It’s not really useful until it’s been cleaned and sorted. This was one of many interesting takeaways from BOMA International’s National Advisory Council (NAC) fall meeting, which took place earlier this month in Carlsbad, California. The group, made up of senior industry executives, meets three times a year to discuss the latest trends and disruptors affecting commercial real estate. The recent meeting featured thought-provoking perspectives on topics such as the U.S. economy, the growth of the flex office sector and best practices for integrating emerging technologies.

The Next “Industrial Revolution”

March 7, 2015 | By Courtney C. McKay, CAE

The U.S. industrial sector, long considered the hottest in the commercial real estate industry, even in the midst of a slow economic recovery, isn't showing any signs of cooling just yet. According to industry experts, no matter what criteria you use to measure its success—vacancy rates, rental rates, new construction—industrial is booming.

NAC Members Take A Wild Ride into the Future at Chicago Meeting

August 3, 2018 | By Patricia M. Areno, CAE

Ten years ago, were we imagining a future where a printer could make us everything from a pizza to a new kidney, or one where robotic bees would be pollinating plants? At its May meeting in Chicago, BOMA International’s National Advisory Council (NAC) members participated in a fascinating discussion of the innovations in technology that will change our personal lives, as well as the way we communicate and how we do business. NAC is a select network of senior commercial real estate professionals, whose members come together two times a year to share perspectives, listen to industry experts and learn from each other.

Building Owners and Managers Association International