CREJ - page 80

Page 8B —
COLORADO REAL ESTATE JOURNAL
— September 16-October 6, 2015
Spotlight
ndustries are con-
stantly changing.
Education is impor-
tant for people to
stay current with the latest
developments, skills and new
technologies required for their
fields.
In order to be effective,
property managers need to
be knowledgeable in so many
different disciplines – law,
accounting, architecture, ten-
ant relations, mechanical
systems, construction, leasing,
technology, etc. The list is end-
less.
Here are some reasons why
you should educate yourself
now and continue your educa-
tion in the future.
1. Career Advancement.
It
is important
to ensure
that your
knowledge
and skills
are up to
date with the
trends affect-
ing your
industry so
your exist-
ing employer
will continue
to view you
as a valu-
able asset.
An excellent way to demon-
strate to employers that you
are committed to your career
is by going back to school –
even better if the employer
pays for it! By investing time
and money in continuing your
education, you will send a
powerful message to employ-
ers that you are serious about
improving your education and
applying new skills to your
job, therefore increasing your
long-term value.
2. Money.
Did I say money?
More education usually trans-
lates into more money. Census
surveys show that those with
higher levels of education
make around 50 percent more
a year than people with only
lower-level education.
According to the U.S.
Bureau of Labor Statistics,
property and real estate
managers could anticipate a
12 percent growth in career
opportunities between 2014
and 2022. The average annual
wage for these professionals
was $65,880 in May 2014,
according to the BLS.
3. Marketability.
In proper-
ty management, properties are
bought and sold frequently.
It is to your benefit to be up
on all the current trends and
technologies in a constantly
changing real estate world.
Obtaining your RPA and/or
real estate license and reading
various real estate publica-
tions regularly makes sure you
are appealing to a new owner.
Final Notes
One of my favorite sayings
is, “We are the average of the
five people we spend the most
time with.” Surround and
associate yourself with suc-
cessful peers. Find positive,
smart, hard working, honest,
funny people that inspire you.
Be open minded enough to
know that you do not always
have the correct answer but
are willing to find it. Never
stop learning.
I will leave you with a
Nelson Mandela quote that I
like, “Education is the most
powerful weapon you can use
to change the world.”
Sounds good to me!
I
Hope
Lavigne
LBA Realty
the acclaimed Medical Office
Buildings & Healthcare Facilities
Conference and the new Asset
Management course series.
Office densification
and utilization
Many recent industry discus-
sions have centered on how
tenants are repurposing their
spaces. How are they setting up
more collaborative environments
while preserving space that
allows workers to focus when
they need to?
The operational impacts on
existing buildings are numer-
ous:
• Financial services, legal and
insurance are greatly increasing
planned workplace density;
• Broad trend toward more
flexible work environments that
impact both hours of operation
and primary uses of office space
with more conferencing, meet-
ing, catering and collaborative
space offered;
• The corporate occupier is
making a substantial capi-
tal commitment based on an
assumption of useful life and
needs to be assured that ser-
vices and infrastructure will
respond to the evolution in work
practices and best practices; and
• The negotiation process has
evolved to include those issues
that focus on infrastructure
capacity and flexibility, operat-
ing expense allocations, etc.
BOMA International formed
a committee to study the effects
of densification and utilization
of office space. Average square
footage per worker continues
to drop as companies strive for
operational savings to leverage
technology, integrate new gen-
erations of workers and support
a mobile workforce.
How can you help?
1. Your continued support in
investing in membership dues
through Denver Metro BOMA
and other local associations
to allow us to accomplish the
things BOMA uniquely pro-
vides.
2. Be an active, strategic part-
ner as we lead the industry and
create value and revenue.
3. Join the BOMA
International National Advisory
Council and engage with BOMA
International at the senior man-
agement level to focus resources
on issues of most importance.
NOI
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