Building  Owners  and  Managers  Association  International

Building Owners and Managers Association International

Real Estate Experts Deliver a 10 Year Industry Outlook

November 5, 2010

​FOR IMMEDIATE RELEASE

BOMA Foundation and Georgetown University Host Commercial Real Estate Symposium

(WASHINGTON—November 5, 2010) The best and brightest minds in commercial real estate will convene next Tuesday to offer their predictions for the future during 2020: A Vision for Commercial Real Estate, a symposium presented by the BOMA Foundation and the Georgetown University School of Continuing Studies and its Masters of Professional Studies in Real Estate Program. Featuring a dozen experts from all sectors of the industry, the program will explore where real estate will be ten years from now.

“This unique program will provide attendees with an insider look at how real estate will evolve over the next decade and insight into how best to prepare for these changes,” remarked BOMA Foundation Chair Marilyn Wilbarger, director of property management, City of Key West, Fla. “Through lively debate, these thought leaders will explain how we can learn from a down market, create growth and optimize sustainability for future success.”

“We are pleased to host such a respected group of experts to articulate their visions for the future of commercial real estate,” noted Chuck Schilke, associate dean of Georgetown University’s Master’s Program in Real Estate. “Providing our students and attendees with a forum to learn first-hand how to prepare for the challenges of tomorrow is an exciting opportunity.”

The State of Commercial Real Estate
This session will examine current market conditions in commercial real estate and new trends that will shape the future. Speakers will discuss economic recovery and employment, high-performance properties, transit-oriented development, the mixed-use live-work-play phenomenon and where the best new opportunities may be discovered.

Speakers include:

  • Henry Chamberlain, APR, CAE, president, BOMA International
  • Katya Naman, CCIM, senior vice president, Lowe Enterprises, Inc.

Real Estate Finance in the Year 2020
This session will feature four real estate finance veterans discussing  the impact of residential foreclosures and how it is affecting commercial real estate. The panelists will take a long-range view of how the commercial real estate industry will be financed with the changing ratio between public and private company investment. The discussion will also focus on the growth and evolution of the debt and investment industries, touching on the CMBS market, REITS, private equity firms and public company investments. From there, they will review demographics, employment statistics and other developments that will drive future industry growth.

Panelists include:

  • Kathleen Day, Center for Responsible Lending, author of S&L Hell
  • Michael Grupe, executive vice president, Research & Investor Outreach, National Association of Real Estate Investment Trusts
  • Stephen Conley, executive managing partner, Holliday Fenoglio Fowler
  • Frank Nothaft, vice president and chief economist, Freddie Mac
  • Moderated by Katya Naman, CCIM, senior vice president, Lowe Enterprises, Inc.

Environmental and Energy Issues in the Year 2020
Without a doubt, the future will be green. In this session, sustainability thought leaders will brief attendees on the key strategies needed to be successful in future markets. Panelists will discuss the increasing importance of distributive energy, the impact of environmental stewardship and incentives—from government to capital to ROI payback. They will also give a perspective on markets and pricing, and explore how to get buildings to “net zero” and even contributing back to the energy grid.

Panelists include:

  • Dan Sze, deputy director for state energy programs, Energy Efficiency and Renewable Energy, U.S. Department of Energy
  • Craig Schultz, president, Energy Buying Strategies, Inc.
  • Anik Jhaveri, AIA, LEED AP, principal, HDR Architecture, Inc.
  • David Borchardt, chief sustainability officer, The Tower Companies
  • Moderated by Richard W. Greninger, CPM, managing partner, Carr Realty Partners, LLC

The program, held Tuesday, November 9 in Washington, D.C., will begin with a reception from 6-7 p.m. at the South Gallery/Terrace of the Georgetown University Hotel and Conference Center followed by the Symposium, from 7-9 p.m. in the Hariri Building’s Lohrfink Auditorium. The program is free but registration is required.

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About the BOMA International Foundation
The Building Owners and Managers Association (BOMA) Foundation is an independent, tax-exempt organization (501(c) 3) whose mission is to serve the commercial real estate industry by fostering a future vision, forward thinking research, innovative thought, and global best practices.  The Foundation is dedicated to sponsoring and encouraging innovative research and educational activities that advance the commercial real estate industry and profession.  In addition, the Foundation initiates programs that seek to enhance the public appreciation of real estate and its significance in society.  The Foundation is affiliated with the Building Owners and Managers Association International, the nation's oldest and largest commercial real estate organization.

About the Georgetown University School of Continuing Studies
The Georgetown University School of Continuing Studies offers master’s programs, professional certificates, and a bachelor’s, master’s, and doctoral degree in Liberal Studies. These programs offer an applied learning experience enabling professional and personal advancement. Improve yourself and positively impact the world, all while creating a network of valuable relationships. For more information, please visit scs.georgetown.edu, Twitter, and Facebook.

About the Georgetown University Master of Professional Studies in Real Estate
The Master of Professional Studies in Real Estate degree program at Georgetown is a fully-accredited comprehensive graduate real estate program in Washington, D.C., which teaches practical real estate skills at the highest academic level in a supportive social environment. All courses are taught by top real estate professionals from major real estate organizations who know their fields in depth, are strong communicators, and genuinely care about students. In classes averaging 20 students, students take five foundational real estate courses in ethics, law, finance, markets, and accounting, four upper level track courses in a choice of tracks in Real Estate Development, Real Estate Finance, Construction Management, and International Real Estate, followed by one capstone senior thesis course. The program emphasizes private sector real estate while also taking full advantage of the Washington location to emphasize public sector real estate, environmental and energy aspects, and corporate real estate.

Contact:
Lindsay Tiffany
Manager of Media Relations
BOMA International
ltiffany@boma.org or (202) 326-6365