The Business of Buildings

A Property Manager's Guide to Asset Management

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 owners and asset managers. This intensive, virtual certificate program, produced by BOMA International and BOMI International, will be held through the Adobe Connect online platform. This modular program is a focused sequence of five one-hour sessions, culminating with a two-hour capstone exercise at the end of the program.

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. While you participate in dynamic sessions facilitated by experienced professionals, you will also have the chance to work closely with a small team of other participants to complete a capstone challenge that you will present on Thursday afternoon to a panel of mock investors. Members of the winning team will receive a prize, as well as bragging rights! 

WHO SHOULD ATTEND?

  • RPA, FMA and SMA GRADUATES: get 10 CPD points by taking this online course.
  • YOUNG PROFESSIONALS: get 10 hours of education to apply towards your 30-hour requirement for the CMCP certificate
  • CURRENT LEARNERS: would you rather take another elective course other than Asset Management but want a primer? This 10-hour course is tailor-made for you!

Wednesday, September 9, 2020

Welcome and Housekeeping
12:00 - 12:15 pm EST

Module 1: Asset Management through the Lens of the Investment Cycle
12:15 - 1:15 pm 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.

Breakout Rooms: Capstone Exercise
1:15 - 1:45 pm EST
Group work on the capstone exercise and presentation.

Module 2: Impacting the Bottom Line: Creating Asset Value and Controlling Costs
1:45 - 2:45 pm 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.

Breakout Rooms: Capstone Exercise
2:45 - 3:15 pm EST
Group work on the capstone exercise and presentation.

Module 3: Making Strategic Decisions based on Economic Trends and Market Conditions
3:15 - 4:15 pm 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
4:15 - 5:00 pm EST
Group work on the capstone exercise and presentation.

 

Thursday, September 10, 2020

Module 4: Capital Planning for Increased Financial Returns
12:00 - 1:00 pm EST
In the fourth session, learners will investigate considerations to be made when evaluating the potential value increase to be achieved through capital improvements.

Breakout Rooms: Capstone Exercise
1:00 - 1:30 pm EST
Group work on the capstone exercise and presentation.

Module 5: Developing a Leasing Plan to Maximize Value
1:30 - 2:00 pm 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
2:00 – 3:00 pm EST
Group work on the capstone exercise and presentation.

Module 6: Capstone Exercise
3:00 - 5:00 pm EST
Building case study presentations.

 

 

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