BOMA Indianapolis is currently seeking new committee members for 2018.  A final email to all members will come out today and the deadline is today.

Former CEO and President of Providence Cristo Rey H.S. has joined Hays & Sons as Vice President of Business Development.  Read the full press release here.

For the latest on the Economic Improvement District per Scott Olson for the IBJ and published for Indiana Economic Digest, please see this link:  http://indianaeconomicdigest.com/main.asp?SectionID=31&SubSectionID=67&ArticleID=90186

Law & Risk Management - February 5, 6, 7                                       
Real Estate Investment & Finance - March 5, 6, 7  
Asset Management - May 21, 22,23  
Design I - July 30, 31, August 1 
Environmental Health & Safety - September 24, 25, 26 
Design II - November 12, 13,14 

Since 1915, the BOMA measurement standard has been the go to when determining space.  There's a new standard out to keep up with the changing office landscape to include new tenant use spaces not previously measured.  Learn more with the webinar on November 14th and get your copy!

Once again, Innovative Publishing will produce the BOMA Indianapolis directory.  The directory is mailed directly to our client.  This is a member benefit and is FREE to BOMA members.  Calls for ads will begin early 2018.  Ad pricing can be found here:  BOMA Indy Rate Sheet - 2017.pdf

The W2 Water and Waste Challenge is a two-year initiative to encourage commercial real estate practitioners to benchmark water and waste consumption and associated costs, and to implement common practices to improve water performance and reduce waste.  The program will run from January 1, 2018 to December 31, 2019, and participants will be eligible for recognition for their leadership from BOMA International.  Year 1 will establish a baseline and Year 2 will promote performance improvements.  Learn more and how to participate here.

Last Wednesday, the Trump administration and Republican leadership from the U.S. House and Senate released the outline of the long-anticipated tax reform plan, “Unified Framework for Fixing Our Broken Tax Code.” The nine-page framework outlines some specific changes to the tax code, including lowering the tax rate for pass-through businesses to 25 percent; reducing the corporate tax rate to 20 percent; and allowing full expensing of new investments in depreciable assets other than structures for up to five years.

While these reforms could have the potential to positively impact the commercial real estate industry, many specifics remain unaddressed. For instance, there is no mention of 1031 “like-kind” exchanges, carried interest, depreciation of structures, how interest expense will be limited or how tax cuts will be funded. This framework is the latest in a series of discussion documents outlining how President Trump and congressional leadership view comprehensive tax reform. BOMA International advocacy staff will continue to work with members of Congress to help craft legislation that encourages the growth and health of the commercial real estate industry. For more information on BOMA’s policy position on tax reform, visit the BOMA International website.

You are invited to participate with our Corporate Sponsor Renovia, as they partner with the Million Meal Movement.  Please see the attached flyer for an opportunity to volunteer at the Million Meal Movement Event at Lucas Oil Stadium on Tuesday, October 10, 2017.   We have 100 spots to fill, so we would love for you to attend with anyone you would like to invite! 

Million Meal Movement Sign Up Flyer.pdf

Here is the link for the sign up genius: http://www.signupgenius.com/go/5080b4baba829a7f58-million 

Our BOMA students are finishing up their last day of class.  We offer 3-day accelerated courses so students can earn their Real Property Administrator (RPA) designation faster!  Visit our Education Page to see more courses.  We will be setting our 2018 schedule soon!