BOMI RPA case studies
BOMI RPA · Put your knowledge to work in context.
The RPA® - Real Property Administrator designation is one of five professional designations offered through BOMA/BOMI, the education arm described on bomi.org as "Real Estate's Learning Lab." BOMA/BOMI states that it is dedicated to improving the skills of professionals with property, facilities, and building engineer responsibilities, and that its designations are intended to put "an additional stamp of credibility" on a career - a mark of distinction recognized throughout the commercial real estate industry. The RPA path is aimed at people who administer and manage commercial properties: property administrators, assistant property managers, and property managers who want proven, time-tested curriculum behind their day-to-day responsibilities. The BOMI RPA case studies are 5 cases and about 2,648 words.
1The HVAC Retrofit That Competes With Itself
You manage a 240,000 sq ft multi-tenant office built in 1988. The chiller plant is two 600-ton constant-speed centrifugal machines, one of which failed last summer; the surviving unit carried the building at reduced capacity through a 96°F week.
540 words, about 3 min2The CAM Reconciliation Nobody Signed
You are the property accountant for a 180,000 sq ft suburban office park with 14 tenants on modified gross leases. The 2023 operating expense reconciliation is due to tenants within 90 days of year-end, and you are at day 78.
546 words, about 3 min3The Anchor's Exclusive That Wasn't
A 310,000 sq ft grocery-anchored center has a 62,000 sq ft supermarket anchor paying 9.50/sq ft NNN with a use clause and an exclusive prohibiting sale of "prescription pharmaceuticals and full-line grocery" within the center. The anchor's lease has 4 years remaining.
499 words, about 2 min4The Sprinkler Deficiency and the Non-Renewal
You manage a 96-unit, six-story Class B apartment building built in 1974. A routine fire inspection finds the dry-pipe standpipe system has corroded interior piping, and the fire marshal issues a 45-day correction order.
530 words, about 3 min5The Renewal Offer That Loses Money
A 45,000 sq ft suburban office building has one tenant occupying 18,000 sq ft at 24/sq ft gross, with 14 months remaining. The tenant asks for a five-year renewal at 22/sq ft gross with 60,000 of landlord-funded improvements and six months of free rent.
533 words, about 3 min