In The News
BOMA partners with the Clinton Climate Initiative to produce a model performance contract and supporting documents to expedite energy efficiency projects in commercial office buildings. Read more. Download the model documents.
The Wall Street Journal, The Washington Post and CNN are just a few of the media outlets that have been reporting on a letter commercial real estate associations, including BOMA International, sent to Treasury Secretary Henry Paulson detailing the urgency of the credit crisis. Read more.
BOMA International’s Advocacy Staff had some important 2008 legislative victories that will help save the commercial real estate industry billions of dollars a year. Based on these successes we saved:
The BOMA Magazine has won the Silver Award in the Monthly Trade Association Magazine category of the Association TRENDS 2008 All-Media Contest. Association TRENDS has conducted the All-Media Contest for more than three decades to honor media products created by and for the nonprofit community. Read more.
During a recent GlobeSt.com Webinar, Raymond Torto, Ph.D., global chief economist with CB Richard Ellis (CBRE), described the current recession as the “classic liquidity trap” in which there is a lot of capital but no traction. Read More.
BOMA members can hear more of Torto’s predictions for commercial real estate during the 2009 Winter Business Meeting in Indian Wells. Calif., January 16-19.
BOMA and its leadership has recently been featured in a variety of news and trade publications, including The New York Times, GlobeSt.com, and the California Real Estate Journal, on topics ranging from medical office buildings, BOMA’s new RX-The Resource Exchange site, Green Survey findings and indoor air quality. Check out these and more media highlights at the BOMA in the Press page.
In response to growing concern for the health of the commercial real estate industry in light of recent estimates that over $400 billion of debt will mature by the end of 2009, 12 national real estate associations, including BOMA International, sent a joint letter to Treasury Secretary Henry Paulson and other key leaders detailing the urgency of the credit crisis and lack of confidence in the financial markets. The letter also recommends the Treasury Department and Federal Reserve take several actions to stem the crisis, including the extension of the Term Asset-Backed Securities Loan Facility to guarantee, finance or purchase highly rated, asset-backed securities collateralized by newly or recently originated commercial real estate mortgages. Read the letter to Treasury Secretary Henry Paulson.
BOMA Chair Dick Purtell and Chair-Elect Jim Peck presented the findings of the “2008 Green Survey: Existing Buildings” at Greenbuild on Nov 19. The survey, conducted in collaboration with USGBC and Incisive Media, found that 80 percent of respondents have allocated funds to green initiatives. Read More.
The state of commercial real estate markets and strategies for prospering in a down economy are among the many topics to be presented and discussed at the upcoming BOMA International Winter Business Meeting in Palm Springs, CA. Register today.
The latest issue of the BOMA Kingsley Report examines how commercial real estate companies are delivering the “customer promise” to a broad range of clients, many with conflicting needs. Insights from the portfolio, asset management and property management perspectives are included. Read more.
Introducing BOMA's Green Lease Guide, the industry's foremost resource to “greening” a commercial real estate lease. The new guide addresses the complex clauses in a commercial real estate lease so that you can execute a lease that will maintain an energy efficient and sustainable property.
Order today.
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