We keep owners and key managers informed about the benefits of BOMA membership.
BOMA Georgia understands how important it is to keep owners and key managers informed about the benefits of BOMA membership. Biannually, we send owners, asset managers and key company representatives a membership benefits brochure which outlines why BOMA Georgia membership is essential to a member organization’s success. The goal of these brochures is to bring the intended audience up to speed about what BOMA Georgia is doing to enhance the professionalism and value of members through education, advocacy, community involvement; membership participation and the open exchange of ideas.
2020 Owner Communications Report- Downloadable PDF
5 ways BOMA Georgia returns value to building owners:
As Georgia's premier commercial real estate association, BOMA Georgia offers a variety of exciting events and opportunities that return value to you and your company. If you are a commercial real estate property manager, facility manager or building engineer, we encourage you to share with your building owner and asset managers the following top five ways in which BOMA Georgia returns value to your building owners and owner representatives.
BOMA Georgia represents the commercial real estate industry in the state legislature through a relationship with political consulting firm, Fiveash Stanley, Inc.
Our political consultants, with the support and supplementary efforts of BOMA Georgia members and staff, have lobbied to defeat calls for tax increases and the mandatory retrofitting of building systems, decreased the amount of government interference in the commercial real estate industry, successfully advocated on behalf of building owners to preserve property rights and encouraged passage of legislation expediting building plan reviews and inspections.
Within the Metro Atlanta area, BOMA Georgia has represented the best interests of members by mobilizing around key issues such as permitting reform, transportation, codes enforcement, vacant property registration, building retrofits, water conservation and more. BOMA Georgia staff and members of the BOMA Georgia Government Affairs Committee are vital to local advocacy efforts. The GAC is tasked with monitoring, studying and recommending policy and advocacy strategies on legislative and regulatory matters that affect the commercial real estate industry.
BOMA International's work on the national level has returned millions of dollars to commercial real estate building owners and managers.
- Key Tax Provision Extensions - won victories on the 15-year depreciation timeline for tenant improvements, the extension of the tax deduction for brownfield remediation costs, and the tax deduction for energy efficiency retrofits to new and existing buildings. A savings of almost $2 billion to the industry.
- Capital Gains – gained the enactment of the Tax Relief Extension Reconciliation Act, extending the tax cut on capital gains and dividends, through December 31, 2012.
- TRIA – secured the Terrorism Risk Insurance Act extension until 2014, ensuring the availability of terrorism coverage with a federal government “backstop” for catastrophic losses.
- Codes and Standards – eliminated or modified overly stringent and costly requirements impacting energy efficiency, green building, fire protection, occupant accessibility and egress, structural integrity, plumbing and mechanical systems, and a host of other areas impacting new construction and existing buildings alike. A savings of over $7 billion in direct costs and long-term revenues to commercial real estate.
- 2010 ADA Accessibility Guidelines – secured a broad grandfather clause exempting all buildings constructed or altered in compliance with the 1991 regulations, and extended the deadline for mandatory compliance with the new rules to 2012.
- ENERGY STAR program – successfully defended funding for the program, including the Portfolio Manager tool, in 2019 Appropriations Bills
BOMA Georgia offers a variety of courses for property managers, facility managers and building engineers. The association also offers a professional designation program for property professionals. BOMA courses and designations increase the knowledge and efficiency of property professionals, returning value to building owners. To learn more about professional designations offered through the Building Owners and Managers Institute, click here . To learn more about certificate programs created by BOMA Georgia, click here.
BOMA International annually produces the Experience Exchange Report (EER), the most detailed and reputable source of benchmarking data representing the office building industry. It contains operating income and expense data on more than 6,500 private and public-sector buildings, covering nearly 1 billion square feet of office space throughout North America. For more information about the EER or to order, click here.
BOMA keeps members informed on trends and issues affecting the commercial real estate industry. Through the association's publications, eNewsletter, social media and website, members maintain up-to-date knowledge of key issues affecting the operational efficiency and profitability of the buildings they manage. See all of BOMA Georgia’s communications .