Building  Owners  and  Managers  Association  International

Building Owners and Managers Association International
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BOMA: Building Owners and Managers Association International

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 Top News

 

BOMA Scores Win on Leasehold
Depreciation; Senate Adjourns without Action on TRIA

Last night, the U.S. Senate approved a package of tax “extenders,” including a one-year, retroactive extension of the 15-year depreciation period for tenant improvements, which had previously expired at the end of 2013. This means that building owners can deduct expenses for tenant improvements made in calendar year 2014 over 15 years instead of 39—a significant victory for commercial real estate!

Unfortunately, the Senate failed to extend the federal terrorism insurance backstop program, known as TRIA, which is set to expire on December 31. Earlier this year, the Senate passed a seven-year extension with overwhelming bipartisan support. Debate on the issue dragged on in the House, and finally, in the Lame-Duck session, the House passed a different version that would have extended the program for six years; the bill then had to go back to the Senate for a final vote. Unfortunately, it was not a “clean” bill and contained other provisions that were objectionable to many in the Senate. Ultimately, Senate Majority Leader Harry Reid (D-Nev.) could not overcome an objection to the bill raised by Sen. Tom Coburn (R-Okla.), who objected to an unrelated provision and refused to budge. This has been a priority issue for BOMA and our real estate partners, and we will work to ensure that this is on the top of the congressional agenda when the 114th Session convenes on January 6.

Thank you to all of you who contacted your senators to weigh in on these issues. ​​​

 

 Education

 

Webinar: Building a Sustainability Journey – Part 1

Join us for part one of this 2-part webinar series brought to you by Kimberly-Clark Professional*, on how to make your facilities more sustainable.

Through this engaging session, you will learn about current green building trends, drivers and benefits to assist in your green building journey and a new product to give your building an edge. Also, hear from the sustainability expert at Kimberly-Clark Professional* as she discusses the journey of the Roswell, Georgia headquarters obtaining LEED Platinum Certification.

The Roswell, GA headquarters acquired its first LEED certification in 2010 and became the second LEED Platinum building in the state in 2014. Hear about the dedicated efforts to become a LEED Platinum building from utilizing 100 percent of all irrigation water sourced from collected storm water to approximately 76 percent of all construction waste being diverted from the landfill and many other initiatives.

Join in on the discussion to understand how all of your sustainability initiatives can add up to a green building which can set you apart from your competition and support tenant demand.

Register today!

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 Press Releases

 
 

 Research

 

Analysis: CRE Income and Expenses Both on the Rise

Analysis of data from BOMA International's Experience Exchange Report (EER) shows a year-over-year increase in both income and expenses for commercial properties, which would seem to indicate post-recession industry growth.

How do your building income and expenses levels match up?  View the infographic below:

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 BOMA Store

 
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There’s a lot riding on what you know: your property’s profi tability, your tenants’ trust, your reputation as a commercial real estate professional. To get the reliable, defi nitive guidance you need, turn to BOMA International—the industry’s leader in cutting edge information and intelligence for over a century.

Visit www.boma.org/fall for our latest promotion.

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 BOMA Membership

 

BOMA membership is vital to your professional success and your company's performance.  As the industry's premier source for education, networking and advocacy on the local, state and national level, BOMA provides a tremendous return on your dues dollar.  For a limited time, your dues dollar can go even further with our "15 for 12" membership campaign.  Join BOMA now and receive up to 15 months of membership for the price of 12 (effective October 1, 2014 through December 31, 2014). 

Learn more.

 

 TOBY Awards

 

BOMA International is now accepting entries for the 2015 TOBY® competition. The TOBY awards competitions all begin at the local level. Local competitions are not conducted online and may already be underway. Please check with your BOMA local association for details. Click Here for more information about the 2015 TOBY Awards.

Program Sponsor:

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 Member Benefits

 

BOMA Members Earn 2% Rebate

The Home Depot offers BOMA members an exclusive annual rebate of 2% on all qualifying pre-tax purchases. There is no cost to enroll. Enroll today and start saving!

LEARN MORE ABOUT MEMBER BENEFIT PROGRAMS ›