The Budgeting & Accounting class is scheduled in eight, three-hour increments Thursday and Friday from 1:00 p.m. to 4:00 p.m. starting on October 14th to November 5th. The class will be held virtually on BOMI's learning platform.
Budgeting and Accounting is designed to enable you to prepare your own building or facilities budget. You will have an opportunity to apply concepts within the real property and facilities context.
Key to accounting is the fundamental accounting equation and the double-entry accounting technique. Activities in this course will guide you through both these concepts. You will also learn about preparing income and expense budgets and explaining budget variances. Case examples involving this buildings’ tenants, budgeting processes, and leasing requirements provide realistic illustrations of the types of scenarios encountered in day-to-day operations of commercial real estate properties.
Upon successful completion of this course, learners will be able to:
- Identify potential opportunities for increasing a property’s net operating income
- Determine recoverable and nonrecoverable operating expenses
- Establish cost controls
- Prioritize capital expenditures
- Explain budget variances to stakeholders
- Follow best practices in tenant communications
- Analyze and interpret financial statements of prospective tenants
Member rate: $1, 250.00
Non-member rate: $1,250.00
Registration includes a digital book of the course. Printed books are an additional $60.
RPA designation fee: $225 – applies to new students only. If you’re interested in taking a single course without enrolling in the designation, it is an additional $100.
To register by credit card, sign-in with your username and password or "create a new account" if you do not already have a username/password. To register by check, click here, complete the registration form and return to Sylwia Preis, [email protected] Your check should be mailed to BOMA SF, 233 Sansome Street, 8th Floor, San Francisco, CA 94104.
For questions or more information, please contact Sylwia Preis at [email protected].
Tawni Sullivan, RPA | CBRE
Tawni Sullivan is the Associate Managing Director of Asset Services for CBRE in the Bay Area, with over 50 million square feet of commercial real estate under contract. The vision of the organization is to Create Exceptional Client Outcomes. Her role starts as a Leader, supporting a culture that fosters collaboration, engaging a Leadership team to inspire people to do their best work, and then ensuring everyone has the tools, training and CBRE platform to gain successful results and outcomes. Her responsibilities to the organization include mitigating risk and meeting financial objectives. Prior to joining CBRE, Tawni served as the Vice President of CAC Real Estate Management Co., Inc. She has worked in Commercial real estate for over 30 years with both individual Owners of real estate, as well as institutional Clients.
Tawni serves on two board of directors; The Transportation Management of SF and CREATE (Commercial Real Estate Alliance for Tomorrow’s Employees). CREATE is an alliance of BOMA San Francisco, NAIOP, IREM, and BOMA Oakland East Bay in an effort of workforce development in Commercial Real Estate.
Colin Shinners | Vanbarton Group
Colin Shinners is the Senior Vice President at Vanbarton Group where he manages the firms San Francisco office. In that role, he oversees the West Coast business unit operations including the acquisition, asset management and property management of Vanbarton Group’s office, multifamily and retail portfolio across San Francisco and Los Angeles. Colin relocated to San Francisco from New York City in 2016 to open the San Francisco office and launch the Vanbarton Services property management platform and has since grown the team from two to nine professionals. Prior to joining Vanbarton Group in 2014, he served as a Vice President of Asset Management at Gaia Real Estate, a multifamily focused real estate private equity company, where he oversaw the asset management of a national multifamily portfolio. He also was a Senior Associate in the real estate and construction audit practice of KPMG LLP. Colin received his B.A. in Accounting from Binghamton University and an M.S. in Real Estate Development from Columbia University. Colin serves on the board of directors for BOMA San Francisco and is its current treasurer. He is also a licensed real estate broker in California.