News: Brokerage

BOMA International to collaborate with Kingsley Assocs. on EER

The Building Owner and Manager Association (BOMA) International's publication, the Experience Exchange Report (EER), will undergo a number of enhancements in the coming year as part of collaboration with industry research firm Kingsley Associates. The EER, or "BOMA Book" as it's known to many in the industry, will move online, allowing users to search a web-based tool for detailed operating income and expense analysis that has historically been available only in book or CD-ROM formats. Kingsley Associates uses similar online applications for many of its commercial real estate clients. "We couldn't be more thrilled about the opportunities this collaboration will afford," said BOMA International chair and chief elected officer Richard Purtell, RPA, portfolio manager, Grubb & Ellis Management Services, Inc. Future users of the EER can expect major enhancements to the data submission process. The survey will feature a new, more user-friendly interface that will aid users in clarifying which income and expense items should be reported on a given line. Features designed to help data submitters confirm the accuracy of their submissions are also planned.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
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
Tri-state capital  migrates nationally amid  regulation pressure - by Reese Weaver

Tri-state capital migrates nationally amid regulation pressure - by Reese Weaver

New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

AI comes to public relations, but be cautious, experts say - by Harry Zlokower

Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
A fresh start - by Shallini Mehra and Amit Doshi

A fresh start - by Shallini Mehra and Amit Doshi

For the past several years, the New York City multifamily housing market has been defined by disruption. The combined impact of the HSTPA rent laws and a sharply higher interest rate environment has fundamentally reduced