Building  Owners  and  Managers  Association  International

Building Owners and Managers Association International

2015 Board of Governors Highlights

The "business of BOMA" took place during the Board of Governors meeting on June 28 at the 2015 BOMA International Conference & Expo. Below are the highlights from that meeting in Los Angeles:

BOMA International's 2014-2015 Chair and Chief Elected Officer John Oliver, BOMA Fellow, managing principal for Oliver & Company, presented Life Memberships to Peter DiCapua, BOMA/New York and Robert L. Dove, FMA, RPA, BOMA/Iowa.

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BOMA representatives from around the world gathered for the Board of Governors meeting during this year's annual conference.

In his Report of the Chair, Oliver discussed the success of BOMA's outreach to senior industry leaders in the C-suite. Programs and resources like BOMA 360, the Experience Exchange Report database and measurement standards are showing owners, institutional investors, asset managers, national third party companies and others the financial value of BOMA, Oliver said. He also noted the growth in BOMA's international presence, which has become especially critical as real estate assets develop into increasingly global commodities. Ultimately, Oliver said BOMA is valued not only for the part it plays in creating value, generating net operating income and enhancing asset value, but for the supportive community it creates for its members.

During the Financial Report, BOMA Secretary/Treasurer Dan Chancey, RPA, BOMA/Memphis, said that key areas of strength for the organization include the strong attendance at both BOMA International's annual conference and Medical Office Buildings and Healthcare Real Estate conference, robust publication sales and strong Canadian membership growth.

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BOMA/Metropolitan Washington (AOBA) is honored with a BOMA 360 local participation award.

BOMA 360 Council Chair Rob Brierley, BOMA Fellow, BOMA/Boston, reported on the BOMA 360 Performance Program. To date, more than 1,100 designations have been conferred. So far in 2015, 69 buildings have been designated with a goal of 170 in total by year's end. Brierley also recognized the winners of the BOMA 360 Local Participation Awards in the following categories:

  • More than 300 members – BOMA/Metropolitan Washington (AOBA) with 27 new buildings
  • 150 to 300 members – BOMA/Silicon Valley with 14 new buildings
  • Less than 150 members – BOMA/Nashville with three new buildings
  • Most Corporate Portfolio Submissions – BOMA/Silicon Valley with 12 submissions from Oracle America, Inc.

BOMA International Vice President of Association Services, IT & Research Bob McClure, IOM, reported that the 2015 Office Experience Exchange Report is now available and includes operating income and expense data from thousands of buildings in markets across the U.S. and Canada. The first-ever Industrial Experience Exchange Report also is now available and includes operating income and expense data from an impressive sample of industrial properties. BOMA's Industrial EER is the only benchmarking resource in the commercial real estate industry specifically tailored to the industrial sector.

Government Affairs Committee Chair Lynn Vilmar, RPA, BOMA/Greater Tampa Bay, announced three new policy positions drafted by the committee; all three policy positions were approved by the Board of Governors. The first new policy position encourages the Federal Aviation Administration to consider creating guidelines for the safe use of Unmanned Aerial Systems (UAS), also known as drones, for real estate uses. The second and third positions relate to BOMA's ongoing sustainability efforts. Water Conservation and Incentives for Investing in Water Efficiency policy positions complement BOMA's efforts in driving the marketplace towards voluntary reduction in the use of our natural resources and the request for federal, state and local governments to recognize and incentivize those efforts. BOMA's advocacy team will use these newly approved positions to guide its efforts on Capitol Hill and in the federal agencies.

BOMAPAC Council Chair Boyd Zoccola, BOMA/Indianapolis, reported that $18,000 had been raised for BOMAPAC in 2015, with more than 67 percent of contributions raised at a local level. (Note, by the end of the conference, approximately $10,000 in additional contributions were raised).

Industry Defense Fund (IDF) Oversight Committee Chair Bruce Koehler, BOMA/Greater Minneapolis, announced that the IDF has a current balance of $649,727. He also shared that recently approved IDF projects for 2015 now include $50,000 to BOMA/Seattle-King County for legal opposition to a commercial housing linkage/impact fee; $25,000 to BOMA/Houston to continue funding of a legislative advocacy/media relations campaign resulting in appraisal district reform; and $45,000 to BOMA/Pittsburgh for legal opposition to the "Safe and Secure Building Act," mandating commercial properties to provide security training to all building service personnel.

Building Codes & Voluntary Standards Committee Chair Don Erb, RPA, FMA, BOMA Fellow, BOMA/Greater Buffalo, reported that, during the International Code Council's Committee Action Hearings, BOMA International defended industry interests on 105 code change proposals and persuaded the code committees to agree on more than 80 percent of those codes changes. BOMA's codes team were preparing public comments to submit by the July 17 deadline and will create voting guides for attendees and online voters. Erb urged locals to ensure their local code officials register before the August 31 deadline and receive a copy of the BOMA Online Voting Guide once it is posted in mid-October. 

BOMA International's Karen Penafiel reports on the success of initiatives enabled by a grant from Yardi.

BOMA International's Vice President, Advocacy, Codes & Standards Karen Penafiel, CAE, reported on updated outcomes from the $200,000 grant awarded by Yardi last spring to support BOMA's energy efficiency efforts. The Yardi grant enabled BOMA International to undertake a number of new educational initiatives and programs. In conjunction with the U.S. Department of Energy and the Consortium for Building Energy Innovation, BOMA developed curriculum for Building Re-Tuning training, which is designed to enable property professionals to save energy in their buildings by identifying and correcting operational problems. BOMA International also created the updated BOMA Energy Efficiency Program (BEEP®) Version 2.0, a five-course curriculum that has been completely updated to reflect the latest industry trends, new technologies and best practices to improve the energy performance of real estate assets. Penafiel also announced the launch of the revised BOMA Energy Performance Contract model (or BEPC). BEPC is an innovative variation on energy performance contracts designed to work for the commercial office industry. The model consists of template documents such as a performance contract, RFQ and Investment Grade Contract templates.

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International Council Chair Neil Gopal delivers his report.

International Council Chair Neil Gopal of the South African Property Owners, reported that BOMA International has grown to 17 affiliated associations in Australia, Brazil, Canada, China, Finland, Greece, Indonesia, Japan, Mexico, New Zealand, Panama, Philippines, Russia, South Africa, South Korea and the United Kingdom, and shared that BOMA is hoping to welcome additional international affiliates by the conference next year. Ten of the 17 international affiliates were in attendance at this year's conference. Interest in the BOMA 360 Performance Program and The Outstanding Building of the Year® (TOBY®) Awards by property professionals around the globe is gaining momentum. Relationships between BOMA International and the affiliates are thriving, as illustrated by an increase in BOMA International's publications and educational offerings being translated into multiple languages.

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Kent Gibson reports on the International Property Measurement Standards Coalition.

Then Chair-Elect Kent Gibson, BOMA Fellow, reported on the International Property Measurement Standards (IPMS) Coalition. The coalition was formed to develop a single set of measurement standards that would be adopted globally. Last November, the group published the first global standard – the IPMS for Office Buildings. The standard may be downloaded for free from the IPMSC website and already has been translated into Bulgarian, Chinese (thanks to the assistance of BOMA China), German, Portuguese and Russian, with more languages in the works. The BOMA International Floor Measurement Standards Committee is working on revisions to the BOMA Office Standard to bring it in line with IPMS, and the BOMA standard will serve as a necessary complement to the international one. The IPMS Coalition is currently finalizing the Residential Standard, and next will develop the standard for Industrial Properties, followed by Retail and, finally, Mixed-Use.

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John Oliver presents Shelby Christensen and Eileen Lewis with the 2015 Chair's Award.

Industrial Committee Co-Chairs Eileen Lewis, RPA, FMA, BOMA Fellow, of BOMA/Greater Tucson, and Shelby Christensen of BOMA/Philadelphia, reported that the new Industrial EER had been launched and is available online. There also have been a number of new industrial educational offerings this year, and a new publication for industrial property managers is currently underway and is due to be released by BOMA International later this year. Before they left the stage, Lewis and Christensen were stopped by Oliver, who presented them with the 2015 Chair's Award for their "tremendous leadership as co-chairs of the Industrial Committee."

BOMA International Vice President of Education and Meetings Amy Chisholm, CAE, CMP, reported that the 2015 Medical Office Buildings & Healthcare Facilities Conference held in Cleveland this past spring was attended by nearly 1,000 people, including a record number of health system executives. This year, the conference program focused on the evolution from volume-based to value-based care; technological innovation in healthcare delivery; the shift from inpatient to outpatient services; and how all these factors are transforming the face of healthcare real estate. The 2016 Medical Office Buildings & Healthcare Real Estate Conference will be held May 3-5, 2016, in Orlando, Florida.

In addition to the various committee reports, presentations were given by BOMI International's Greg Grainger and BOMA Canada Chair Randal Froebelius.

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New officers and members of the Executive Committee are sworn in during the Board of Governors meeting.

Nominating Committee Chair Gordon Hester, BOMA/Spokane, gave the Report of the Nominating Committee, followed by the official swearing in of the 2015-2016 BOMA International Officers:

  • Chair and CEO: Kent C. Gibson, BOMA Fellow, BOMA/Utah
  • Chair-Elect: Brian Harnetiaux, BOMA/Orange County
  • Vice Chair: Robert M. Brierley, BOMA Fellow, BOMA/Boston
  • Secretary/Treasurer: Daniel W. Chancey, RPA, BOMA/Memphis (Second term)

The following individuals were sworn in as 2015-2017 Executive Committee members:

  • Shane Baggett, CPA, RPA, BOMA/Dallas (Second term)
  • Cary Fronstin, LEED GA, RPA, BOMA/Fort Lauderdale and the Palm Beaches (Second term)
  • Lisa Hensley, BOMA Fellow, BOMA/Austin
  • Sheldon Oppermann, BOMA/Wisconsin (Second term)
  • Andrew Romerdahl, CCIM, BOMA/Anchorage

The new members of the Nominating Committee members also were approved and announced:

  • Middle Atlantic Region: Angelo Grima, BOMA/Greater New York
  • Midwest Northern Region: David Dabson, BOMA Greater Minneapolis