Which organization represents professionals in property management and asset management?

The Building Owners and Managers Association (BOMA) is the organization that specifically represents professionals in property management and asset management. BOMA provides a platform for property managers and owners to connect, share best practices, and access educational resources designed to enhance their skills and knowledge within the field.

BOMA is particularly focused on the commercial real estate sector, addressing concerns related to building operations, management strategies, and professional development. Their advocacy efforts also include promoting effective policies that impact property management and owners on a broader scale.

In contrast, while the National Association of Realtors (NAR) focuses broadly on real estate professionals, their primary emphasis is on realtors involved in residential and commercial real estate transactions rather than specifically on property and asset management. The American Real Estate Society (ARES) is more oriented toward academic research and education in real estate rather than direct representation of property management professionals. Real Estate Investment Services (REIS) may provide services and research for investors but does not serve as a professional association for those specifically in property and asset management roles. Thus, BOMA stands out as the dedicated organization for these specific professions.