The Business of Buildings Certificate Program

This two-day intensive certificate program, produced by BOMA International and BOMI will be offered virtually this year. You will learn the fundamental competencies 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 a foundational understanding of asset management while forming new working relationships with a diverse 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!

Program Schedule

Wednesday, September 9, 2020

Module 1: Asset Management through the Lens of the Investment Cycle
12:00 - 1:00pm EST

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.

Module 2: Impacting the Bottom Line: Creating Asset Value and Controlling Costs
1:15 - 2:15pm EST

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.

Break, 2:15 - 2:30pm EST

Module 3: Making Strategic Decisions based on Economic Trends and Market Conditions
2:30 - 3:30pm EST

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
3:30 - 5:00pm EST

Group work on the capstone exercise and presentation.

Thursday, September 10, 2020

Module 4: Capital Planning for Increased Financial Returns
12:00 - 1:00pm EST

In the fourth session, learners will investigate considerations to be made when evaluating the potential value increase to be achieved through capital improvements.

Module 5: Developing a Leasing Plan to Maximize Value
1:05 - 2:05pm EST

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
2:05 - 3:00pm EST

Group work on the capstone exercise and presentation.

Module 6: Capstone Exercise
3:00 - 5:00pm EST

Building case study presentations.

Registration Fee

$495 BOMA member
$595 Non-member
Click here to register.

Participant Requirements

As part of the course, learners will need to login to BOMI's Learning Portal to access program information and materials, complete the session quizzes and surveys, and submit their Capstone Exercise presentation.

Learners will receive their login credentials to the Learning Portal the week prior to the program via email.

Certificate Requirements

To qualify for a Certificate of Participation, learners must score 75% or higher on each session module quiz, earn 80 points or higher on the capstone exercise presentation, and complete the session module surveys.

This certificate may be applied as ten credit hours to the point requirement in the Continuing Professional Development (CPD) program to maintain active status in the BOMI International RPA and FMA designation programs. It may also be applied for ten hours toward the education hours required to take the Certified Manager of Commercial Properties (CMCP) exam, or continuing education unit for other education requirements.