eNewsletter
7.2.2007

NEWS AT A GLANCE
Click on the links below for more information.

Changes Requested to Region Bylaws
Experience Exchange Report Now Available
Watch Your Mail for the BOMA Views Newsletter
Logo Guidelines Now Online
Mastering Essentials of Human Resources Management Seminar
2007 Legislative Update
Jobs Available
Asset Management
Real Estate Investment and Finance
BOMA Open House   
August BOMA Luncheon     

BOMA-ATLANTA NEWS

Changes Requested to Region Bylaws. The BOMA Southern Region's Bylaws Committee has requested changes to the region's bylaws. Each local BOMA area has the opportunity to review the changes 30 days prior to the vote on the bylaws that will take place during the BOMA International Conference in New York. To read the requested changes, click here.

Experience Exchange Report Now Available. The 2007 Experience Exchange Report (EER) is now available for pre-order from BOMA International. The EER is a valuable tool, offering income and expense comparisons in the commercial real estate industry. EER data will help you evaluate your operating expenses, develop operating strategies, compile budgets, underwrite and analyze acquisition opportunities, and communicate with investors and owners. To place an order for the ERR to be shipped to you in July, call BOMA at 800-426-6292.

Watch Your Mail for the BOMA Views Newsletter. Stay informed on the latest news with the new issue of the BOMA Views newsletter, to be shipped mid-July. Read about the sold-out trade show, the first graduating class of the Commercial HVAC course, BOMA-Atlanta's work with Hillside, our impact at the state Capitol and much more. 

Logo Guidelines Now Online. Preserving the integrity of the BOMA-Atlanta logo is very important. For your convenience, the usage guidelines for the general BOMA-Atlanta logo and the BOMA-Atlanta member logo are now available online. Before using the BOMA logo in your marketing materials, please download the guidelines and fax the guidelines' policy agreement to Laura Kenney at 404-475-9987 by September 7.

Mastering Essentials of Human Resources Management Seminar. BOMA-Atlanta is proud to introduce a new management seminar. Designed for new and experienced managers, the September 18 seminar will teach you what the successful supervisor needs to know, be and have. 

2007 Legislative Update. After the 2007 Session of the General Assembly, Governor Perdue had until May 30 to sign or veto bills that made it to his desk. He freely used his power to veto projects and bills. Find out which bills he vetoed and which bills are pending in the latest update from BOMA lobbyist FiveashStanley. 

Jobs Available. Check out the BOMA-Atlanta job bank and see what jobs are currently open. And if you are an employer, consider posting your job online. You'll also get access to property manager, facility manager and building engineer resumes on file. 

UPCOMING EDUCATIONAL COURSES
Click on the course title to register. Dates listed are course start dates. Starting in June, most courses will be held at BOMA-Atlanta's new location on Clairmont Road.

Asset Management. (July 11) Prop erty managers today work hand-in-hand with asset managers and often serve as asset managers themselves. As a property manager, you need to understand the asset manager's role, function and place in real estate and business. This course will detail the role and responsibilities of an asset manager, as well as provide you with the skills to fulfill this position. You will learn to develop an asset management plan, including appropriate human, physical and financial resources. You will learn about the measurement of financial objectives, including audits and reasons for them. You will gain an understanding of property acquisition, disposition and evaluation of troubled property alternatives.

Real Estate Investment and Finance. (August 22) This course will teach you to take charge of real estate investments in order to maximize the value of property. You will develop knowledge about basic financial concepts as they relate to real estate, including valuation, analysis, taxation, depreciation and life-cycle costing. You will learn to evaluate real estate investments and 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 skills to conduct discounted cash flow analysis and calculate net present value and internal rate of return. Course exercises require the basic use of the HP-10Bii financial calculator, which can be purchased for $30-$40 at any office supply store.

UPCOMING EVENTS

BOMA Open House. (July 26) Help celebrate BOMA-Atlanta's move to a new location at the BOMA Open House July 26 from 2 to 6 p.m. Guests are welcome and no RSVP is required. We look forward to seeing you at the Open House at 2987 Clairmont Road, N.E., Suite 100, Atlanta, GA 30329. 

August BOMA Luncheon. (August 8) BOMA luncheons are educational and provide valuable networking and professional development experiences. Sponsored by Mid America Metals, the August luncheon features guest speaker David WIlkinson, president/CEO of the Atlanta Police Foundation, who will discuss Operation Shield, an integrated technology that will bridge the communication gap between the Atlanta Police Department and the private and business security communities. The event is free for members and $50 for non-members. Registration is required. There is an additional $25 late registration fee for members and non-members for registrations after August 3.