Education Calendar

Education Calendar

    • September 06, 2018
    • October 11, 2018
    • 6 sessions
    • BOMA/Suburban Chicago, 1515 E. Woodfield, Suite 110, Schaumburg, 60173

    Course Description:
    Budgeting and Accounting features applications and problems you can use to create building and facilities' budgets. In this course, you will have the opportunity to apply concepts within the real property and facilities context. You will follow the accounting process and creation of a budget from start to finish, learning valuable skills such as how to interpret financial statements, annual reports, and statements of cash flows. You will also learn practical skills such as how to compile lease abstracts and prepare rent rolls. The course includes valuable exercises pertaining to computing productivity ratios, depreciation, ending cash balances, preparing income and expense budgets, and explaining budget variances.

    Major Topic Areas Covered in this Course:
    record-keeping requirements • revenue and expenditure cycles • cash basis income statement • financial statements • annual reports • lease abstracts • income and expense budgeting • working with capital

    Applies to:
    PAC and PMFP certificates
    RPA® designation

    Meet Your Budgeting and Accounting Instructor:

    Colette Menolascino, RPA, LEED GA


    Senior Property Manager

    Asset Services


    Transwestern Role:

    Colette serves as Senior Property Manager for Transwestern's Midwest asset service group, providing day to day onsite oversight and client support for Naperville Corporate Center.


    Career Highlights:

    Colette has over 15 years of experience in commercial property management in the Suburban Chicago Market. In addition to Naperville Corporate Center, she is the manager for Metrowest, a 200,000-square foot Class A office building in Naperville and small retail portfolio in St. Charles. Previously, she was involved in the sale lease back of the Deerpark Motorola Campus Headquarters in which she directed the property re-development and repositioning efforts on behalf of the client.

    Prior to joining Transwestern, she served as the Assistant Property Manager of the former Great Lakes REIT portfolio purchased by Transwestern in 2004.

    Throughout her career, Colette has maximized building value by managing costs, evaluating cost/benefit decisions associated with improving common areas and energy efficiencies by means of capital and operating projects, always considering what is in the best interest of the building owner.  She has operational expertise focused on contract and personnel management, budgeting and financial reporting, tenant leasing and retention, construction management, and energy saving measures. She is a strategic problem solver skilled in all aspects of building operations, repositioning strategies, and redevelopment efforts.

    Professional Affiliations/Recognition:

    • Licensed Real Estate Broker in the State of Illinois
    • RPA Designation
    • LEED, Green Associate
    • BOMA/Suburban Chicago, Member
    • TOBY Judge


    Registration for Budgeting and Accounting is now closed. 


    • October 05, 2018
    • November 02, 2018
    • 5 sessions
    • TBD

    Professional Development
    Foundations of Real Estate Management

    What is Foundations of Real Estate Management? 

    In conjunction with BOMA International, we offer you the popular Foundations of Real Estate Management course. This course is perfect for all experience levels. Experienced and seasoned professionals will cover the fundamentals of commercial real estate administration, management, building systems, accounting and reporting, and contract management in this 30 hour, entry-level course. Behind-the-scenes tours are offered in outstanding buildings of our very own members! Quality instructors, peer networking, property tours, and a comprehensive course manual are all included in this five week course.

    Who should attend? 

    Covering a wide range of content, which benefits all experience levels, Foundations of Real Estate Management: 

    • is ideal to reinforce on-the-job training for assistant property managers
    • provides experience for administrative assistants and students considering a career in commercial real estate. 
    • fills training gaps and provides important management and operations updates for experienced professionals
    benefits vendors and building engineers by providing an understanding of the basics of real estate management. 


    Foundations of Real Estate Management

    Instructors:

    Suzanne Boryscka, RPA
    Angela Casper, RPA
    Kim DeFily, RPA
    Daniel J. Flores, LEED AP
    Andy Murray

    Location:

    Classes will be held in the Northwest suburbs.

    Dates:

    5 Friday Sessions: October 5, 12, 19, 26 and November 2, 2018

    Time: 

    8:00am - 3:30pm

    Cost: 

    $625 per student from a BOMA Member Building
    $725 per student from a Non-Member Building
    Continental breakfast and lunch included in class fee.


    Module 1: Real Estate Administration


    Module 4: Building Operations II

    • Roles and responsibilities of a property manager                        
    • Adding value to a real estate investment
    • Strategies for tenant satisfaction
    • Contracting with vendors and suppliers and managing supplier agreements
    • Property characteristics and leasing and marketing strategies
    • Managing risk and understanding commercial insurance coverages
    • Property Tour: The property management office
    • Types and operations of fire alarm and control systems
    • Reactive vs. preventive vs. predictive maintenance of building facilities and systems
    • Elevator and escalator systems and operations
    • Roofing systems
    • Managing solid waste and recycling
    • Managing cleaning services and contracts
    • Property Tour: Elevators/escalators, roof systems, solid waste/recycling, janitorial inspection

    Module 2: The Well-Versed Real Estate Manager

    Module 5: Putting it All Together

    • Developing effective emergency and disaster preparedness plans and programs
    • Managing tenant improvements and capital projects
    • Budgeting, accounting, and business plan development
    • Models for recovering base rents and operating expenses
    • Due diligence process for buying and selling real estate
    • Understanding OSHA safety requirements
    • Understanding indoor air quality issues and EPA recommendations and requirements
    • Property Tour: Engineering office and non-office occupancies
    • Successful approaches to pest management
    • Types of parking structures and parking management
    • Assuring secure and safe buildings
    • Understanding and managing landscaping tasks and snow removal
    • Learn about BOMA and meet BOMA leaders
    • Learning assessment group exercise
    • Property Tour: Parking, security, pest control, landscaping

    Module 3: Building Operations I

    Module 6: Other Property Types

    • How HVAC and plumbing systems work
    • How electricity flows through a building and the various levels of power
    • Work order systems and best practices for managing service calls
    • Property Tour: HVAC, domestic water, fire alarm, fire sprinkler, main, electric room
    • Major similarities and differences between managing office buildings and industrial, retail, mixed-use and medical office buildings.


    Register Today

    To register for the Foundations of Real Estate Management class, please complete and return the registration form to Barb Turbett by Thursday, September 27

    Email to: 
    barbt@bomasuburbanchicago.com

    Mail to:
    BOMA/Suburban Chicago
    1515 E. Woodfield Rd., Suite 110
    Schaumburg, IL 60173

    Fax to:
    847.995.0971 

    Participants receive a Certificate of Completion from BOMA International.

    • November 29, 2018
    • 8:00 AM - 4:00 PM
    • Schaumburg Towers, 1400 American Lane, Schaumburg, 60173

    Brought to you by the Education Committee. 

    In the age where technology moves faster than we can keep up, it is more important than ever to foster our client relations and daily interactions with other individuals. Our smartphones, laptops, and other portable devices allow us to easily take the “human” interaction out of our business and personal communication. The best way to stand out from the competition nowadays is to bring back personal touches with your customers and build your clients’ trust.

    In the fourth installment of the Leadership Education Series, Paul Petricca, Torque Consulting, will lead a full-day, highly interactive discussion of client relationship management and business development concepts and strategies. Attendees will be able to put Mr. Petricca’s techniques to Building Winning Relationships into practice during the session through class discussions, case studies, videos, and role playing scenarios.

    Attendees will walk away with:

    • An understanding of clients
    • Keys to gaining and building client trust
    • Recognition of non-verbal cues
    • Techniques to effectively communicate value
    • Strategies for expanding client relationship

    About Your Presenter:

    Paul Petricca started Torque Consulting after nearly 40 years in sales, consulting, and customer relationship roles in the high tech and real estate industries. He had no choice but to venture out on his own to reach a wider audience to evangelize others who seek long-term, mutually beneficial, trust-based relationships in their professional and personal lives. His dynamic interpersonal and presentation skills make his classes, workshops, and lectures as fun as they are informative. Paul has a BS in Marketing from Illinois State University and an MBA from Loyola University Chicago.

    More information to come. 

    • February 02, 2019
    • March 09, 2019
    • 6 sessions
    • BOMA/Suburban Chicago Office

    This course provides information property and facility managers need to manage the ongoing operation and maintenance of building systems and to maximize building efficiency and cost-effectiveness.

    Key topic areas:

    building design and construction  life-cycle costing  construction materials  structural systems  building envelopes  roofing  interior walls, ceilings, and flooring  HVAC and plumbing systems  building system controls and automation

    Applies to:

    FMC and PAC certificates
    FMA® and RPA® designations

    More information to come.


    • March 07, 2019
    • April 11, 2019
    • 6 sessions
    • BOMA/Suburban Chicago Office
    Through this course you will learn to take charge of real estate investments in order to maximize the value of a property. You will develop knowledge about basic financial concepts as they relate to real estate, including valuation, analysis, taxation, depreciation, and life-cycle costing. Similarly, you will learn to evaluate real estate investments and to develop budgets that estimate net operating income. You will study the income capitalization approach and cover property taxation costs and strategies to offset these costs. You will also gain the skills to conduct discounted cash flow analyses and calculate net present value and internal rate of return. This course features exercises that require the basic use of the HP 10bII* financial calculator.


    Key topic areas:

    asset valuation and enhancement  costs and taxes  capitalization  site and building analysis  the appraisal process  discounted cash flow measurement ownership vehicles  the basics of lending and current lending practice

    Applies to:

    PMFP certificate
    FMA® and RPA® designations


    More information to come.
    • May 03, 2019
    • 8:30 AM - 4:00 PM
    • BOMA/Suburban Chicago Office
    This course helps you understand the impact that ethical behavior can have on your professional performance and your property’s bottom line. By working through difficult ethical dilemmas, you’ll develop the confidence to follow through, even when facing adversity.


    Key topic areas:

    tenant relations  triple bottom line  confidentiality recordkeeping and SOX  trade secrets  proper use of funds  conflicts of interest  corporate social responsibility  environmental stewardship

    Applies to:

    FMA® and RPA® designations


    More information to come.

    • September 10, 2019
    • September 26, 2019
    • 6 sessions
    • BOMA/Suburban Chicago Office

    Leasing and Marketing for Property Managers - ACCELERATED COURSE!

    Predicting future opportunities for the property manager is a challenge. In this course, you will gain the skills needed to successfully lease and market building space under favorable as well as adverse economic conditions. You will learn to conduct targeted market surveys and to develop a marketing plan that will please both the owner and the tenant. Leasing and marketing are also approached in-depth from legal and ethical angles, as well as from a financial standpoint. This course, which includes current, reliable resources, such as relevant web sites, can help you stay on top of today's marketplace.


    Key topic areas:

    market analysis, survey conditions, and planning  ownership and investment  renewal and tenant satisfaction  the leasing plan, including lease negotiations  public relations and advertising  tenant prospecting and space allowance

    Applies to:

    RPA® designation


    Note: Class will be offered 2 nights a week for 3 straight weeks. 


    More information to come. 

    • October 04, 2019
    • November 01, 2019
    • 5 sessions
    • TBD

    A soup-to-nuts, 6-module, 30-hour entry-level course, covering the fundamentals of commercial real estate administration, management, building systems, accounting and reporting, contract management, and more.

    Classroom instruction from seasoned pros, reinforced by behind-the-scenes tours of outstanding buildings.

    Live, in-person training with small class sizes to facilitate learning, discussion, and team activities.

    A complete package—instruction, peer networking, property tours, and a comprehensive course manual that is easy to read and understand and a valuable resource back on the job.

    Participants with 100% participation receive a Certificate of Completion from BOMA International.

    More information to come.


BOMA/Suburban Chicago
1515 E. Woodfield Rd, Suite 110
Schaumburg IL 60173

Phone: (847) 995-0970
Fax: (847) 995-0971
boma@bomasuburbanchicago.com




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