BOMA International Deep Dives
Fasten your snorkel and get ready for an in-depth exploration of the issues important to today’s commercial real estate industry. BOMA International’s Deep Dive series offers the expert insights and context you need to navigate the ever-evolving commercial real estate landscape. Consider this your personal invitation to go beyond the surface and discover answers to questions you didn’t even know you had.
A recent Bloomberg survey revealed, "About two-thirds of the 919 respondents ... believe that the US office market will rebound only after a severe collapse. An even greater majority says that US commercial real estate prices won't hit bottom until the second half of 2024 or later." It seems that Receiverships are a growing but unfortunate fact of life in the office sector these days. But most owners and managers seem to be vague on their details. We talked through the ins and outs of this process with some experts, read along as we do a deep dive on what receiverships mean for the future of our industry.
One thing is certain, the office sector is in a state of flux. The issue of office occupancy is a complex one to address. Even as COVID-19 fears continue to diminish, it promises to become yet more complicated. The tenant flight to quality is real and vetted, but at the same time, research suggests that Class C office spaces have weathered this storm the best. Read along as Deep Dive author John Salustri explores the realities facing the office market and the pros and cons of pursuing a conversion or flexible building use.
High performance in commercial assets is a complex and multifaceted undertaking, dependent on such considerations as goals, budgets and the project at hand. But at its core, performance is a study of systems and applications, of equipment and the maximization of their function. The higher aims of performance, such as the involvement and embrace of local community needs, while vital, follows. Our two part series goes in-depth on what makes a high-performance buildings worth pursuing and understanding. Part two of the series extensively covers ESG mandates and how high-performance buildings can help owners and managers meet these goals, in a variety of fashions.
High-performance buildings are greater than the sum of their parts. They are more than occupant comfort, safety and wellbeing. They are more than their mechanical systems and their operational efficiencies. But do a web search for high-performance buildings, and one's first impression might be that the topic begins and ends with decarbonization. In fact, the topic is much more nuanced and complex. Read more to discover just what makes high-performance buildings so crucial to the built environment.
Blocking data breaches is as much or more of a challenge today than it was 15 years ago because more people are working from home now and cyber threat actors continue to thrive. For the commercial real estate industry, there are two paths to data corruption and loss, we learn in BOMA International’s latest Deep Dive, Something Phishy: How to Guard Against Cyberattacks. Care to dive a little deeper? Check out this bonus video interview between John Salustri, the author of Something Phishy: How to Guard Against Cyberattacks, and three cybersecurity experts who contributed to this report.
As interest rates continue to climb and predictions about an impending recession grow stronger, commercial real estate leaders are developing plans to withstand the economic downturn. The good news is economists, building owners and real estate analysts are predicting a shallow recession and a soft landing. Are We Heading Toward a Recession—and Is Commercial Real Estate Ready?, the fourth in our 2022 series of BOMA Deep Dives, highlights how we got to this point and key steps that can limit the potential recession’s impact on 2023 budgets, lease changes and capital planning. Care to dive a little deeper? Check out this bonus video interview between John Salustri, the author of Are We Heading Toward a Recession—and Is Commercial Real Estate Ready?, and three industry experts who contributed to this report.
Across the United States, employees are gradually returning to the office—and to downtowns—as employers increasingly embrace hybrid work schedules and property professionals seek ways to ensure their buildings are healthy, modern and inviting. A Time of Reinvention for Offices and Cities, the third in our 2022 series of BOMA Deep Dives, explores the role property professionals are taking in this time of major transformation and how commercial real estate is evolving during this latest stage of the pandemic recovery and beyond. Check out this bonus video interview between John Salustri, the author of A Time of Reinvention for Offices and Cities, and three industry experts who contributed to the piece.
While the office market slowly regains its occupancy after more than two years of pandemic-induced havoc, industrial real estate has continued its decade-long upward trajectory. The Industrial Sector: Taking Stock of Market Vitality, the second in our 2022 series of BOMA Deep Dives, not only explores the opportunities ahead for this sector, but also the headwinds—chief among them the rapid overdrive of consumer demand for goods brought about by COVID-19 and a market that has struggled to keep up. Care to dive a little deeper? Check out this bonus video interview between John Salustri, the author of The Industrial Sector: Taking Stock of Market Vitality, and three industry experts who contributed to the piece.
As commercial real estate firms look to fill open positions quickly to support tenants in their quest to return to their offices, one thing is becoming clear: Hiring today is a very different undertaking than it once was. Raising Talent in the Midst of the Great Resignation, the first in our 2022 series of BOMA Deep Dives, explores the factors contributing to the industry’s severe talent shortage and new approaches for attracting and retaining top performers in this tight labor market. And check out the bonus video interview between the author of Deep Dive No. 1 and three industry experts who contributed to the piece.