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Foundations Classes

High-Performance Training for High-Performance Real Estate Teams
 



What is Foundations?

A soup-to-nuts, 5-module, 28-hour entry-level course, covering the fundamentals of commercial real estate administration, management, building systems, accounting and reporting, contract management, and more. Elements of the program range from:
 
  • Classroom instruction from seasoned pros, reinforced by behind-the-scenes tours of outstanding buildings
  • Live, in-person training with small class sizes to facilitate learning, discussion, and team activities
  • A complete package—instruction, peer networking, property tours, and a comprehensive course manual that is easy to read and understand and a valuable resource back on the job

 

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

Foundations—the right choice for your real estate firm…
 
  • Eases the training burden by supplementing on-the-job and corporate training programs
  • Offers the highest caliber of training, covering everything from A to Z
  • Prepares new and rising talent for more PM responsibilities and assignments
  • Teaches employees best practices from experienced, seasoned professionals
  • Delivers a curriculum that is regularly updated, ensuring the latest, most accurate information
  • Minimizes time out of the office with convenient scheduling over several days or weeks

 

The Foundations Curriculum—What You’ll Learn

Module 1: Real Estate Administration
 
  • Roles and responsibilities of a property manager                        
  • Adding value to a real estate investment
  • Strategies for tenant satisfaction
  • Contracting with vendors and suppliers and managing supplier agreements
  • Property characteristics and leasing and marketing strategies
  • Managing risk and understanding commercial insurance coverage
  • Property Tour: the property management office

Module 2: The Well-Versed Real Estate Manager
 
  • 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
  • Understanding indoor air quality issues and EPA requirements
  • Property Tour: engineering office and non-office occupancies

Module 3: Building Operations I
 
  • 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
  • Property Tour: HVAC, domestic water, fire alarm, fire sprinkler, main electric room

Module 4: Building Operations II
 
  • 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
  • Property Tour: elevators/escalators, roof systems, solid waste/recycling, janitorial inspection

Module 5: Putting it All Together
 
  • 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 meet BOMA leaders
  • Learning assessment group exercise
  • Property Tour: parking, security, pest control, landscaping
     

Foundations of Real Estate Management 2023 Schedule:

Class 1: Friday, May 5, 2023 | Location TBD
Class 2: Friday, May 12, 2023 | Location TBD
Class 3: Friday, May 19, 2023 | Location TBD
Class 4: Friday, May 26, 2023 | Location TBD

Cost:            
Members: $575   
Non-Members: $675
 
Please Note: Testing is included, but not mandatory.​