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Upcoming events

    • 26 Aug 2021
    • 12 Nov 2021
    • 4 sessions
    Register


    EXTENDED Deadline Friday November 12

    Criteria for the program is based on the nominee displaying one or all the following: positive company contribution, essential services, acts of kindness, showing leadership and support within the community or your company during the pandemic.

    Property Professional Members may submit one nominee per building. Allied/Supplier Professional Members may have one submission per company. Self-nominations are not permitted.

    All nominations will be reviewed for completeness, for meeting the basic nomination criteria, and eligibility requirements by the Awards Selection Committee.

    All nominees who fully meet the nomination criteria, the eligibility requirements and are deemed to exemplify the purpose of the COVID-19 recognition will be awarded a DISTINGUISHED SERVICE Medal at the BOMA/Metro Detroit Awards program December 10 at the Motor City Casino Sound Board.


    • 4 Nov 2021
    • 4:00 PM - 6:00 PM
    • Detroit Shipping Company, 474 Peterboro St, Detroit
    • 16
    Register

    Sponsorship is limited and will be on a first come first serve basis. Contact info@bomadet.org

      Sponsor Patrons         


    • 15 Nov 2021
    • 8:00 AM
    • 17 Nov 2021
    • 5:00 PM
    • Southfield Town Center 4000 Town Center, Suite 5 Southfield, MI 48075
    Register

    Instructed by Richard Wieland, MBA, BSA, BGS

    Through this course you will learn to take charge of real estate investments in order to maximize the value of a property. You will develop knowledge about basic financial concepts as they relate to real estate, including valuation, analysis, taxation, depreciation, and life-cycle costing. Similarly, you will learn to evaluate real estate investments and to develop budgets that estimate net operating income, You will study the income capitalization approach and cover property taxation costs and strategies to offset these costs. You will also gain the skills to conduct discounted cash flow analyses and calculate net present value and internal rate of return. This course features exercises that require the basic use of the HP-10B financial calculator.

    Major topics covered in this course

                Asset valuation and enhancement

                Costs and taxes

                Capitalization

                Site and building analysis

                The appraisal process

                Discounted cash flow measurement

                Ownership vehicles

                The basics of lending and current lending practice

    You will take away these key concepts and skills

                A clear understanding of physical and market value

                The know-how to determine a property‚Äôs economic value

                An understanding of how investment is financed and how value is increased

                A working knowledge of current tax laws regarding such areas as capital gains and                     depreciation


    • 25 Apr 2022
    • 8:00 AM
    • 27 Apr 2022
    • 5:00 PM
    • Southfield Town Center 4000 Town Center, Suite 5 Southfield, MI 48075
    Register

    Instructed by Michael J. Lauhoff, RPA, FMA

    Successful facilities managers must have business savvy supported by a broad scope of technical knowledge. This course provides the base from which to build a career in facilities management. You will learn how to structure and manage operations and maintenance programs, and how to manage personnel effectively to control workload. You will gain an understanding of the importance of facilities management to business organizations and operations, while also learning strategies for internal marketing. You will likewise acquire project management and leadership skills crucial to your success.

    Major topics covered in this course:

    • Principles of information management
    • Investment, cost controls, and budgeting strategies
    • Operating levels of facilities activities
    • Outsourcing principles
    • Benefits of leasing vs. ownership

    You will take away these key concepts and skills:

    • Skills in effective decision making and information analysis methods
    • The ability to establish your department as a primary contributor to corporate profitability
    • Guidance for successful project management, with you as a team leader


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