Foundations of Real Estate Management

What is Foundations?

• A 5-day, entry-level course, covering the fundamentals of commercial real estate administration, management, building systems, accounting/reporting, contract management, and more. 

For all experience levels, Foundations...

• Reinforces on-the-job training for junior and assistant property managers.
• Provides “feet on the ground” experience and exposure for administrative assistants and students considering a career in commercial real estate.
• Offers a great refresher for experienced professionals—fills training gaps and provides important management and operations updates.
• Supports suppliers and building engineers who benefit from understanding the basics of real estate management.

The Foundations Curriculum - What You'll Learn

Module 1: Real Estate Administration/Instructor: Shawn W. Carrol, Director-  CBRE      

Roles and responsibilities of a property manager
Adding value to a real estate investment
Strategies for tenant satisfaction
Contracting with vendors and suppliers/managing supplier agreements
Property characteristics and leasing/marketing strategies
Managing risk and understanding commercial insurance

Module 2: The Well-Versed Real Estate Manager/Instructor: Eileen M. Carrol, Director - CBRE

Developing effective emergency and disaster preparedness plans and programs managing tenant improvements
Budgeting, accounting, and business plan development
Models for recovering operating expenses
Due diligence process for buying and selling real estate
Understanding OSHA safety requirements

Module 3: Building Operations I/Instructor: TBD

How HVAC and plumbing systems work
How electricity flows through a building and the various levels of power
Work order systems and best practices for managing service calls

Module 4: Building Operations II/Instructor: Mark Giampa, General Manager - Related Beal

Types and operations of fire alarm and control systems
Reactive vs. preventive vs. predictive maintenance of building facilities and systems
Elevator and escalator systems and operations
Roofing systems—built-up, modified bitumen, single-ply
Managing solid waste and recycling
Managing cleaning services and contracts

Module 5: Putting It All Together/Instructor: Gerry McGonagle, Regional Manager - ATI Restoration

Successful approaches to pest management
Types of parking structures and parking management
Assuring secure and safe buildings
Understanding and managing landscaping tasks and snow removal
Learn about BOMA and BOMA leaders
Learning assessment group exercise