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Foundations of Real Estate Management (BOMA International)

  • October 05, 2018
  • November 02, 2018
  • 5 sessions
  • October 05, 2018, 8:00 AM 3:30 PM
  • October 12, 2018, 8:00 AM 3:30 PM
  • October 19, 2018, 8:00 AM 3:30 PM
  • October 26, 2018, 8:00 AM 3:30 PM
  • November 02, 2018, 8:00 AM 3:30 PM
  • 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.


Registration for this class is now closed. 

Participants receive a Certificate of Completion from BOMA International.


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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