News: Brokerage

BOMA educational update: Courses to enhance and advance your career

BOMA of Greater Rochester would like to keep you aware of various educational offerings designed to enhance and advance the careers of real estate and facility professionals. Courses are offered by several leading providers of education, in a variety of learning styles from traditional seminars and courses, to online and audio seminars. BOMA / BOMI: BOMA Beep Series 2008 (www.boma.org/TrainingAndEducation/upcomingeducation/). Courses are from 2 - 4 p.m. * February 7 course 1: Introduction to Energy Awareness * March 13 course 2: How to Benchmark Energy Performance * April 3 course 3: Energy efficient Audit Concepts & Economic Benefits * May 8 course 4: No and Low Cost Operational Adjustments to Improve Energy Performance * July 10 course 5: Valuing Energy Enhancement Projects & Financial Returns * August 7 course 6: Building an Energy Awareness Program BOMA Greater Buffalo (www.bomabuffalo.com/education.php3). * February 1-April 9 Refrigerator Systems and Accessories * February 1-April 2 Leasing and Marketing for Property Managers American Trainco (www.AmericanTrainco.com). * January 16 - 17 PLCs for Non-Programmers. Registration is at 7:30 a.m. The course runs from 8 a.m. - 4:30 p.m. Lunch will be held from 12 -1 p.m. The cost is $890 per student, both days. * January 24 - 25 Understanding Variable Frequency Drives. Registration is at 7:30 a.m. The course runs from 8 a.m. - 4:30 p.m. Lunch will be held from 12 -1 p.m. The cost is $890 per student for both days and $440 each day. CCIM Institute (www.ccim.com/education/ccim_education_index.html) * April 21-26 CI-102 Market Analysis for Commercial Real Estate to be held in Amherst. The cost is $1,090 per CCIM candidate and $1,375 for a non-candidate. For more information on these educational offerings, or to bring an offering to our attention, please e-mail Steven Savoca, RPA at [email protected].
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Columns and Thought Leadership
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account