Events
Upcoming Events |
Ongoing Events | Proposed Events
Upcoming Events |
Ongoing Events | Proposed Events
ASHRAE Public Review Draft Standards
The ASHRAE public review process is designed to allow anyone to comment on:
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The ASHRAE public review process is designed to allow anyone to comment on:
- a standard that is being proposed, revised, or reaffirmed;
- a proposed or revised guideline;
- a proposed addendum to a standard; or
- a proposed title, purpose, and scope for a standard or guideline that is being developed.
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CABA's Connected Home Research Council
CABA's Connected Home Research Council is a cross-industry network of leading companies engaged in collaborative research to advance the connected home space. The Council's research projects enables participating companies to gain important insights into the connected home space and leverage those insights into viable new business opportunities.
The Research Council utilizes systematic and proven project management techniques to maximize the benefits of research collaboration for all participants. Using these techniques, members determine their mutual research goals and objectives and are able to work together to accomplish what may be impossible to do individually.
Funded solely by each project team, members are able to drive their research agendas and maximize their collaboration experience. Council initatives ensure that team members are provided with critical market data that helps them refine their product development and marketing efforts.
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CABA's Connected Home Research Council is a cross-industry network of leading companies engaged in collaborative research to advance the connected home space. The Council's research projects enables participating companies to gain important insights into the connected home space and leverage those insights into viable new business opportunities.
The Research Council utilizes systematic and proven project management techniques to maximize the benefits of research collaboration for all participants. Using these techniques, members determine their mutual research goals and objectives and are able to work together to accomplish what may be impossible to do individually.
Funded solely by each project team, members are able to drive their research agendas and maximize their collaboration experience. Council initatives ensure that team members are provided with critical market data that helps them refine their product development and marketing efforts.
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CABA Intelligent & Integrated Buildings Council
The CABA Intelligent & Integrated Buildings Council works to strengthen the large building automation industry through innovative technology-driven research projects.
The Council was established in 2001 by CABA to specifically review opportunities, strategize, take action and monitor initiatives that relate to integrated systems and automation in the large building sector.
Our projects promote the next generation of intelligent building technologies, plus a whole-building approach that optimizes building performance and savings.
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The CABA Intelligent & Integrated Buildings Council works to strengthen the large building automation industry through innovative technology-driven research projects.
The Council was established in 2001 by CABA to specifically review opportunities, strategize, take action and monitor initiatives that relate to integrated systems and automation in the large building sector.
Our projects promote the next generation of intelligent building technologies, plus a whole-building approach that optimizes building performance and savings.
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CABA Internet Home Alliance Research Council
The Alliance is a cross-industry network of leading companies engaged in collaborative research to advance the connected home space. The Alliance's research projects enables participating companies to gain important insights into the connected home space and leverage those insights into viable new business opportunities.
Visit the web site >
The Alliance is a cross-industry network of leading companies engaged in collaborative research to advance the connected home space. The Alliance's research projects enables participating companies to gain important insights into the connected home space and leverage those insights into viable new business opportunities.
Visit the web site >
CABA Standards Committee
The CABA Standards Committee monitors activities of protocol/standards groups that affects the home and building automation industry. The CABA Standards Committee is a working group established within the CABA organization to further it's work in the home and building automation industry. It provides an opportunity for protocol groups to exchange ideas, to discuss issues with other interested parties and to identify potential problems and concerns, especially as they relate to interoperability. Special subcommittees are formed when sufficient members of CABA express an interest in an issue requiring that action; This was the genesis of oBIX and a power line carrier (PLC) subcommittee also exists to help shape regulations related to PLC.
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The CABA Standards Committee monitors activities of protocol/standards groups that affects the home and building automation industry. The CABA Standards Committee is a working group established within the CABA organization to further it's work in the home and building automation industry. It provides an opportunity for protocol groups to exchange ideas, to discuss issues with other interested parties and to identify potential problems and concerns, especially as they relate to interoperability. Special subcommittees are formed when sufficient members of CABA express an interest in an issue requiring that action; This was the genesis of oBIX and a power line carrier (PLC) subcommittee also exists to help shape regulations related to PLC.
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International Alliance for Interoperability - North America
Originally formed in 1995, the North American Chapter of IAI became a NIBS' Council in May 2002. IAI promotes the development and use of internationl standards called Industry Foundation Classes (IFC), for the exchange of data among computer software platforms and applications, such as CADD, cost estimating, permitting, scheduling, and O&M, to improve architecture, engineering, construction, facility mangement and related activities. (NIBS contact: Earle Kennett - ekennett@nibs.org).
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Originally formed in 1995, the North American Chapter of IAI became a NIBS' Council in May 2002. IAI promotes the development and use of internationl standards called Industry Foundation Classes (IFC), for the exchange of data among computer software platforms and applications, such as CADD, cost estimating, permitting, scheduling, and O&M, to improve architecture, engineering, construction, facility mangement and related activities. (NIBS contact: Earle Kennett - ekennett@nibs.org).
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NIBS: National BIM Standard
The mission of the NIBS National BIM Standard Project Committee is to improve the performance of facilities over their full life-cycle by fostering a common, standard and integrated life-cycle information model for the A/E/C and Facilities Management industry. This information model will allow for the free flow of graphic and non-graphic information among all parties to the process of creating and sustaining the built environment, and will work to coordinate U.S. efforts with related activities taking place internationally. Monthly meetings take place at the National Institute of Building Sciences. (Contact: Earle Kennett - ekennett@nibs.org).
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The mission of the NIBS National BIM Standard Project Committee is to improve the performance of facilities over their full life-cycle by fostering a common, standard and integrated life-cycle information model for the A/E/C and Facilities Management industry. This information model will allow for the free flow of graphic and non-graphic information among all parties to the process of creating and sustaining the built environment, and will work to coordinate U.S. efforts with related activities taking place internationally. Monthly meetings take place at the National Institute of Building Sciences. (Contact: Earle Kennett - ekennett@nibs.org).
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NIBS: NCS V4 Revision Cycle
The Version 4 revision cycle of the US National CAD Standard (NCS) opened on Monday, May 22, 2006. The NCS Revision Cycle is the method by which changes to the NCS are proposed, debated, and ultimately voted upon to amend the current version of the NCS. Each Revision Cycle actively engages the Project Committee* in a process designed to keep the NCS current and responsive to industry needs. This revision cycle is designed to solicit proposals to amend NCS Version 3.1, leading to the creation of NCS Version 4.0. (Contact: Dominique Fernandez - dfernandez@nibs.org).
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The Version 4 revision cycle of the US National CAD Standard (NCS) opened on Monday, May 22, 2006. The NCS Revision Cycle is the method by which changes to the NCS are proposed, debated, and ultimately voted upon to amend the current version of the NCS. Each Revision Cycle actively engages the Project Committee* in a process designed to keep the NCS current and responsive to industry needs. This revision cycle is designed to solicit proposals to amend NCS Version 3.1, leading to the creation of NCS Version 4.0. (Contact: Dominique Fernandez - dfernandez@nibs.org).
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oBIX (Open Building Information Xchange)
oBIX (Open Building Information Xchange) is a focused effort by industry leaders and associations working toward creating a standard XML and Web Services guideline to facilitate the exchange of information between intelligent buildings, enable enterprise application integration and bring forth true systems integration. Based on Standards widely used by the IT Industry, the oBIX guideline will improve operational effectiveness giving facility managers and building owners increased knowledge and control of their properties. Comprised of representatives from the entire spectrum of the buildings systems industry, oBIX includes professionals from the security, HVAC, building automation, open protocol and IT disciplines.
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oBIX (Open Building Information Xchange) is a focused effort by industry leaders and associations working toward creating a standard XML and Web Services guideline to facilitate the exchange of information between intelligent buildings, enable enterprise application integration and bring forth true systems integration. Based on Standards widely used by the IT Industry, the oBIX guideline will improve operational effectiveness giving facility managers and building owners increased knowledge and control of their properties. Comprised of representatives from the entire spectrum of the buildings systems industry, oBIX includes professionals from the security, HVAC, building automation, open protocol and IT disciplines.
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OSCRE - Appraisal Reporting Exchange Standard Workgroup
Virtual
MISSION:
To assist in the integration and harmonization of the Appraisal Institute's current version of the Commercial Data Storage Standards (CDSS) into industry compliant and recognized data standards coordinated with the OSCRE Component Library. Publish a Standard for Real Property Appraisal Reporting.
STATUS:
Published
WORK GROUP PARTICIPANTS:
Workgroup Chair: Matt Marschall, Managing Director, Valuation Services - Capital Markets Group; National Practice Leader - Agribusiness, Cushman & Wakefield
Contributors:
Matt Marschall, Cushman & Wakefield
George Chapman, Appraisal Institute
Bruce Kellogg, Appraisal Institute
Bob Martin, Appraisal Institute
Ron Hamburger, Appraisal Institute
Rick Hrubec, Appraisal Institute
Patrick Craig, Cushman & Wakefield
John Hall, Prudential Mortgage Capital
Mark R. Linne, Appraisal Institute
Alan Leirness, Colliers International
John Cirincione, Appraisal Institute
John D'Alessandro, U.S. General Services Administration
Sandra Downie, U.S. General Services Administration
Chris Lees, Calvis
Brett Williams, The Situs Companies
BUSINESS VALUE:
Contents of the thirteen Appraisal Exchange schema are required in a wide variety of commercial applications critical to Owners, Operators, Investors and Property Managers.
Significant efficiencies result from adoption of content exchange standards to enable cross-migration of information used in:
Business Processes: This Workgroup identified key upstream and downstream users for the current version of the CDSS and incorporated input on various issues such as:
Valuation exchange standards implemented in software enable not only appraisal services but also banking and property management, brokerage and a host of related business activities. To boost Real Estate commerce, OSCRE provides standard specifications to the industry and assists in implementation and associated best practices adoption.
Visit the web site >
Virtual
MISSION:
To assist in the integration and harmonization of the Appraisal Institute's current version of the Commercial Data Storage Standards (CDSS) into industry compliant and recognized data standards coordinated with the OSCRE Component Library. Publish a Standard for Real Property Appraisal Reporting.
STATUS:
Published
WORK GROUP PARTICIPANTS:
Workgroup Chair: Matt Marschall, Managing Director, Valuation Services - Capital Markets Group; National Practice Leader - Agribusiness, Cushman & Wakefield
Contributors:
Matt Marschall, Cushman & Wakefield
George Chapman, Appraisal Institute
Bruce Kellogg, Appraisal Institute
Bob Martin, Appraisal Institute
Ron Hamburger, Appraisal Institute
Rick Hrubec, Appraisal Institute
Patrick Craig, Cushman & Wakefield
John Hall, Prudential Mortgage Capital
Mark R. Linne, Appraisal Institute
Alan Leirness, Colliers International
John Cirincione, Appraisal Institute
John D'Alessandro, U.S. General Services Administration
Sandra Downie, U.S. General Services Administration
Chris Lees, Calvis
Brett Williams, The Situs Companies
BUSINESS VALUE:
Contents of the thirteen Appraisal Exchange schema are required in a wide variety of commercial applications critical to Owners, Operators, Investors and Property Managers.
Significant efficiencies result from adoption of content exchange standards to enable cross-migration of information used in:
- Loan Underwriting
- Portfolio Management
- Portfolio Risk Assessment
- Investigation into Demographic and Trends Analysis
- GIS Analysis
- Property Management
- Sales and Brokerage Activities
- Global Marketing and Assessment of Real Property Inventories in Existing and Emerging Economies
- Governmental Inventory Tracking and Property Management
- Increased Productivity for Real Property Management, Brokerage, Portfolio Analysis, Demographic and Trends Research, Inventory Tracking, Consultation, Valuation and Governmental users.
- Single Entry of Data - No Redundancy
- Accurate Data - No Data Scrubbing
- Faster Access to Real Property Data through XML
- Reduced Software Integration Requirements
- Enhanced Product Quality, Deliverables and Processes
- International Acceptance of Data and Appraisal and Consultation Products
- Mortgage Lending Decisions, Risk Analysis, Portfolio Management and Underwriting greatly enhanced
- More Efficient Training, Work Processes and Compliance Issues.
Business Processes: This Workgroup identified key upstream and downstream users for the current version of the CDSS and incorporated input on various issues such as:
- Adequacy for Appraisal and Consulting
- Usability for Portfolio Management, Underwriting and Mortgage Banking
- Consistency and Compliance with Existing Software Requirements
- Compliance with OSCRE Component Library and other OSCRE Exchange Standards; i.e.: Commercial Brokerage and Property Management Exchanges.
- Current Data Exchanges
- Private Databases utilized by Valuation and Consulting Companies
- Software Developers and Vendors
- GIS Community
- Governmental Agencies and Department of the Census (e.g., Department of the Defense, Various Zoning and Planning Departments, GSA, Conservation Groups, Federal Real Property Council)
- Various Building Code Associations (BOCA, ICBO, SBCCI) through the ICC
- Various Financial Lending and Real Property Investment Groups including Major Banks, Savings and Loan Institutions and Private and Public Portfolio Managers.
Valuation exchange standards implemented in software enable not only appraisal services but also banking and property management, brokerage and a host of related business activities. To boost Real Estate commerce, OSCRE provides standard specifications to the industry and assists in implementation and associated best practices adoption.
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OSCRE - BIM Accelerated Depreciation Workgroup
Virtual
The BIM Accelerated Depreciation Workgroup is intended to be the first in a series that serves a dual purpose on behalf of the real property industry;
1- Provide Owners & Operators the ability to model financial drivers from within Building Information Models (BIM) and;
2- Create a bridge for between standards development community representing the AEC industry and the Owner, Investor, Operator and Tenant supply chain stakeholders.
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Virtual
The BIM Accelerated Depreciation Workgroup is intended to be the first in a series that serves a dual purpose on behalf of the real property industry;
1- Provide Owners & Operators the ability to model financial drivers from within Building Information Models (BIM) and;
2- Create a bridge for between standards development community representing the AEC industry and the Owner, Investor, Operator and Tenant supply chain stakeholders.
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OSCRE - Capital Project Handoff Workgroup
Virtual
This initial project looks to automate the handoff of building equipment information during the closeout and commissioning process, including HVAC equipment, mechanical equipment and electrical equipment requiring maintenance, servicing, financial accounting and warranty administration. Other aspects of the closeout process, such as as-built drawings, security systems, structures, finishes, furniture, embedded telecommunications, payment information, regulatory compliance and occupancy data may be addressed in subsequent RFDs. Current methods for transferring this information are overwhelmingly manual and labor-intensive, even though much of the information is generated in electronic format during the course of a project. The manual process also provides inconsistent, incomplete and sometimes inaccurate data, resulting in excessive labor costs, project delays, and sub-optimal building operations.
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Virtual
This initial project looks to automate the handoff of building equipment information during the closeout and commissioning process, including HVAC equipment, mechanical equipment and electrical equipment requiring maintenance, servicing, financial accounting and warranty administration. Other aspects of the closeout process, such as as-built drawings, security systems, structures, finishes, furniture, embedded telecommunications, payment information, regulatory compliance and occupancy data may be addressed in subsequent RFDs. Current methods for transferring this information are overwhelmingly manual and labor-intensive, even though much of the information is generated in electronic format during the course of a project. The manual process also provides inconsistent, incomplete and sometimes inaccurate data, resulting in excessive labor costs, project delays, and sub-optimal building operations.
Visit the web site >
OSCRE - Commercial Information Exchange Workgroup
Virtual
MISSION:
To define a Standard exchange supporting bulk delivery of data describing the details of property for lease or sale primarily between Brokers and Listing Services.
STATUS:
Published
WORK GROUP PARTICIPANTS:
Workgroup Chair
Whitney Peyton, Sr. Managing Dir. Brokerage Services, CB Richard Ellis, Inc.
Contributors:
Whitney Peyton, CB Richard Ellis, Inc.
Ward Caswell, CB Richard Ellis, Inc.
Scott Perley, CB Richard Ellis, Inc.
Doug Currey, Xceligent
Steig Seaward, Xceligent
Cara Immel, Xceligent
Dustin Gellman, Catylist
Paul Brockmeyer, Catylist
James Marelli, Nat'l Assoc. of Realtors
John Tull, National Assoc. of Realtors
George Chapman, Appraisal Institute
John Suryan, OfficeSpace.com
Aubrey Jackson, Waymaker Ent.
BUSINESS VALUE:
The commercial real estate sector is valued at $4.5 trillion, representing a significant percentage of the U.S. economy. For commercial properties valued at over $5.0 million, transaction volume for 2004 was $167 billion. Based upon transaction fees of 3.0 percent, transaction costs associated with commercial real estate are $5.0 billion. Each 1.0 percent savings in transaction costs represents $50.1 million in industry savings. The creation of data standards for commercial real estate property has the promise of significantly reducing transactions costs. In addition, transactions costs for leasing activity could also be significantly reduced by commercial real estate data standards. Lease transactions costs are estimated to be in the $10.0 billion per year range. A savings of only 1.0 percent brought about by data standards would represent $150.3 million per year in savings for commercial real estate service providers.
VALUE ENHANCEMENT:
The business values of participating in the OSCRE CIE Work Group and adopting the OSCRE CIE standard are several:
A. Originators: Minimize data entry of property for sale or lease into multiple marketing sites (From multiple times to single entry).
B. Originators and Recipients: Cutting costs of data management. With a single data export, all marketing channels will be able to be kept current.
C. Originators and Recipients: Improve data quality. Providing data definitions will contribute to better data quality and easier data interpretation.
D. Originators and Recipients: Improve the ease of data management. Providing data in a consistent format will allow data originators and receivers to more readily manage data from different sources.
E. Originators: Re-purpose data for other activities. Data formatted for OSCRE CIE purposes can be used for other business activities, saving time and resources formatting the data and interpreting the results.
STANDARDS ADOPTION:
OSCRE Commercial Information Exchange implemented in software enables not only commercial brokerage and listing services but also Owner, Valuation, and Banking stakeholders. To boost Real Estate commerce, OSCRE provides standard specifications to the industry and assists in implementation and associated best practices adoption.
Visit the web site >
Virtual
MISSION:
To define a Standard exchange supporting bulk delivery of data describing the details of property for lease or sale primarily between Brokers and Listing Services.
STATUS:
Published
WORK GROUP PARTICIPANTS:
Workgroup Chair
Whitney Peyton, Sr. Managing Dir. Brokerage Services, CB Richard Ellis, Inc.
Contributors:
Whitney Peyton, CB Richard Ellis, Inc.
Ward Caswell, CB Richard Ellis, Inc.
Scott Perley, CB Richard Ellis, Inc.
Doug Currey, Xceligent
Steig Seaward, Xceligent
Cara Immel, Xceligent
Dustin Gellman, Catylist
Paul Brockmeyer, Catylist
James Marelli, Nat'l Assoc. of Realtors
John Tull, National Assoc. of Realtors
George Chapman, Appraisal Institute
John Suryan, OfficeSpace.com
Aubrey Jackson, Waymaker Ent.
BUSINESS VALUE:
The commercial real estate sector is valued at $4.5 trillion, representing a significant percentage of the U.S. economy. For commercial properties valued at over $5.0 million, transaction volume for 2004 was $167 billion. Based upon transaction fees of 3.0 percent, transaction costs associated with commercial real estate are $5.0 billion. Each 1.0 percent savings in transaction costs represents $50.1 million in industry savings. The creation of data standards for commercial real estate property has the promise of significantly reducing transactions costs. In addition, transactions costs for leasing activity could also be significantly reduced by commercial real estate data standards. Lease transactions costs are estimated to be in the $10.0 billion per year range. A savings of only 1.0 percent brought about by data standards would represent $150.3 million per year in savings for commercial real estate service providers.
VALUE ENHANCEMENT:
The business values of participating in the OSCRE CIE Work Group and adopting the OSCRE CIE standard are several:
A. Originators: Minimize data entry of property for sale or lease into multiple marketing sites (From multiple times to single entry).
B. Originators and Recipients: Cutting costs of data management. With a single data export, all marketing channels will be able to be kept current.
C. Originators and Recipients: Improve data quality. Providing data definitions will contribute to better data quality and easier data interpretation.
D. Originators and Recipients: Improve the ease of data management. Providing data in a consistent format will allow data originators and receivers to more readily manage data from different sources.
E. Originators: Re-purpose data for other activities. Data formatted for OSCRE CIE purposes can be used for other business activities, saving time and resources formatting the data and interpreting the results.
STANDARDS ADOPTION:
OSCRE Commercial Information Exchange implemented in software enables not only commercial brokerage and listing services but also Owner, Valuation, and Banking stakeholders. To boost Real Estate commerce, OSCRE provides standard specifications to the industry and assists in implementation and associated best practices adoption.
Visit the web site >
OSCRE - Commercial Property Information Exchange Workgroup
Virtual
MISSION:
In the event of a sale or acquisition - to easily and accurately convey basic asset information; ie: Building, Lease, Tenant, Recurring Charges, Sales and Unit, from one owner or manager to the next.
STATUS:
Published
WORK GROUP PARTICIPANTS:
Workgroup Chair:
Cindy Parker, Managing Dir, Information Technology, LaSalle Investment Management Workgroup Vice Chair:
Kathy Rybak, Sr.Technical. Consultant, Professional Services
Contributors:
Barbara Flusk, ING Clarion
Liz Peacock, ING Clarion
Elan Assouline, ING Clarion
Ted Stratis, ING Clarion
Jennifer Brenner Andrade, Realm/ARGUS
Jon Capezzuto, Realm/ARGUS
Bob Murphy, Prudential
Bradley Setser, Yardi Systems, Inc.
Kathy Rybak, Yardi Systems, Inc.
Charles Drvenkar, Intuit, Inc.
Kim Maddox, Intuit, Inc.
Richard Kozak, Intuit, Inc.
Joyce Trumble, Intuit, Inc. Jeff Blasbalg, Resolve Technology
Margaret Guelzow, CB Richard Ellis
BUSINESS VALUE:
The Commercial Property Information Exchange Standard supports exchanges of property, lease and tenant information between property owners. It is intended to reduce the impact a sale/purchase of a property has on portfolio management - both from a physical and financial perspective. The Standard will essentially eliminate labor-intensive and error-prone manual transcription methods enabling more accuracy and rapid start-up of Portfolio and Property Management operations; esp. revenue flow.
VALUE ENHANCEMENT:
Business Processes:
In the past, it is estimated that transferring a typical rent roll for a property containing 100 tenants would have required a staff of up to 10 persons and approximately 2 to 3 weeks to initiate billing. The exchange would have used proprietary file formats and associated custom scripts at each end of the process to export data from the originating system and import data to the receiving system. After import, data scrubbing and validation would have been required.
The OSCRE Commercial Property Information Exchange Standard makes this instead a nearly instantaneous process and essentially eliminates data scrubbing and validation.
Upstream and downstream users include, among others:
Commercial Property Information Exchange implemented in software enables not only Portfolio and Property Management but also Lease and Tenant services, and a host of related business activities. To boost Real Estate commerce, OSCRE provides standard specifications to the industry and assists in implementation and associated best practices adoption.
Visit the web site >
Virtual
MISSION:
In the event of a sale or acquisition - to easily and accurately convey basic asset information; ie: Building, Lease, Tenant, Recurring Charges, Sales and Unit, from one owner or manager to the next.
STATUS:
Published
WORK GROUP PARTICIPANTS:
Workgroup Chair:
Cindy Parker, Managing Dir, Information Technology, LaSalle Investment Management Workgroup Vice Chair:
Kathy Rybak, Sr.Technical. Consultant, Professional Services
Contributors:
Barbara Flusk, ING Clarion
Liz Peacock, ING Clarion
Elan Assouline, ING Clarion
Ted Stratis, ING Clarion
Jennifer Brenner Andrade, Realm/ARGUS
Jon Capezzuto, Realm/ARGUS
Bob Murphy, Prudential
Bradley Setser, Yardi Systems, Inc.
Kathy Rybak, Yardi Systems, Inc.
Charles Drvenkar, Intuit, Inc.
Kim Maddox, Intuit, Inc.
Richard Kozak, Intuit, Inc.
Joyce Trumble, Intuit, Inc. Jeff Blasbalg, Resolve Technology
Margaret Guelzow, CB Richard Ellis
BUSINESS VALUE:
The Commercial Property Information Exchange Standard supports exchanges of property, lease and tenant information between property owners. It is intended to reduce the impact a sale/purchase of a property has on portfolio management - both from a physical and financial perspective. The Standard will essentially eliminate labor-intensive and error-prone manual transcription methods enabling more accuracy and rapid start-up of Portfolio and Property Management operations; esp. revenue flow.
VALUE ENHANCEMENT:
- Establishes a common language and framework for two-way property and lease information exchange.
- Speeds startup of Portfolio and Property Operations
- Enhanced ROI from reduced labor and error-checking and earlier revenue generation.
- Reduced Software Integration Requirements
- Accurate Data - No Data Scrubbing
- Single Entry of Data - No Redundancy
- More Efficient Training, Work Processes and Compliance Issues.
- Increased Productivity for Accounting, Portfolio Management, Property Management, and Tenant Services - the Entire Lease and Property Management Ecosystem!
Business Processes:
In the past, it is estimated that transferring a typical rent roll for a property containing 100 tenants would have required a staff of up to 10 persons and approximately 2 to 3 weeks to initiate billing. The exchange would have used proprietary file formats and associated custom scripts at each end of the process to export data from the originating system and import data to the receiving system. After import, data scrubbing and validation would have been required.
The OSCRE Commercial Property Information Exchange Standard makes this instead a nearly instantaneous process and essentially eliminates data scrubbing and validation.
Upstream and downstream users include, among others:
- Buyers and Sellers of Commercial Real Property
- Tenants
- Contract Administration & Accounting.
- Auditors, including Sarbanes-Oxley Compliance.
- Real Estate Stakeholders needing a Common Real Estate Language including naming and semantics, contextual usage, and data model.
Commercial Property Information Exchange implemented in software enables not only Portfolio and Property Management but also Lease and Tenant services, and a host of related business activities. To boost Real Estate commerce, OSCRE provides standard specifications to the industry and assists in implementation and associated best practices adoption.
Visit the web site >
OSCRE - Facilities Management Work Orders Workgroup
Virtual
The primary goal for this development is to automate the service request and work order management and reporting process for �trading partners�, such as owners and service providers. Current methods for transmitting service requests and managing work orders require dedicated, custom-designed interfaces between trading partners. These processes must be re-engineered and re-deployed each time a trading partner contract is changed and new interfaces are put in place. Re-inventing these processes each time is time-consuming and expensive for all parties or trading partners involved in the end-to-end value chain of initiating, processing and fulfilling service requests and work orders.
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Virtual
The primary goal for this development is to automate the service request and work order management and reporting process for �trading partners�, such as owners and service providers. Current methods for transmitting service requests and managing work orders require dedicated, custom-designed interfaces between trading partners. These processes must be re-engineered and re-deployed each time a trading partner contract is changed and new interfaces are put in place. Re-inventing these processes each time is time-consuming and expensive for all parties or trading partners involved in the end-to-end value chain of initiating, processing and fulfilling service requests and work orders.
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OSCRE - Lease Abstract Exchange Standard
Virtual
MISSION:
To support the exchange of condensed summaries of complete lease documents (ie: Lease Abstracts) between Brokers, Leasors, Portfolio Managers and other stakeholders.
STATUS:
Published
WORK GROUP PARTICIPANTS:
Workgroup Chair:
Derek Anderson, Senior Vice President, Colliers International
Contributors:
Derek Anderson, Colliers International
Lisa Hargrave, Virtual Premise, Inc.
Bob Sawhill, Tririga
Dave Sawdey, BricsNet
Jean Boles, FAMIS Software, Inc.
Jeff Blasbalg, Resolve Technology
Jim Bayles, RealFoundations
John Foster, RealFoundations
Kathy Rybak, Yardi Systems, Inc.
Ken Brown, Accruent, Inc.
Kim Maddox, Intuit, Inc.
Shirley Roberts, Cushman & Wakefield
Sue Takasugi, Cisco Systems, Inc.
John D'Alessandro, US GSA
BUSINESS VALUE:
The Lease Abstract Exchange Standard will essentially eliminate labor-intensive and error-prone manual transcription methods. It will also make research and benchmarking much more accessible and accurate.
Whereas OSCRE's Commercial Property Information Exchange focuses on the institutional owner and an entire portfolio, the Lease Abstract Exchange Standard focuses on corporate owners and individual lease/s requiring day to day usage of lease information; e.g. Use of lease abstract data to seed accounting information.
VALUE ENHANCEMENT:
Business Processes:
Lease Abstract Exchange Standard supports the exchange of condensed summaries of complete lease documents (ie: Lease Abstracts) between Brokers, Leasors, Portfolio Managers and other stakeholders. This Standard is designed to essentially eliminate labor-intensive and error-prone manual transcription methods currently in use and to make research and benchmarking throughout the Lease Abstracting Ecosystem much more accessible and accurate.
Upstream and downstream users include, among others:Mergers and Acquisition so that complete and accurate proforma information is available.
Assistance in due diligence – single source of truth.
Tenant management of critical dates.
Contract Administration & Accounting.
Compliance - Sarbanes-Oxley Auditing.
Real Estate Stakeholders needing a Common Real Estate Language including naming and semantics, contextual usage, and data model.
STANDARDS ADOPTION:
Lease Abstract Exchange Standards implemented in software enable not only lease and tenant services but also property management, corporate services and a host of related business activities. To boost Real Estate commerce, OSCRE provides standard specifications to the industry and assists in implementation and associated best practices adoption.
Visit the web site >
Virtual
MISSION:
To support the exchange of condensed summaries of complete lease documents (ie: Lease Abstracts) between Brokers, Leasors, Portfolio Managers and other stakeholders.
STATUS:
Published
WORK GROUP PARTICIPANTS:
Workgroup Chair:
Derek Anderson, Senior Vice President, Colliers International
Contributors:
Derek Anderson, Colliers International
Lisa Hargrave, Virtual Premise, Inc.
Bob Sawhill, Tririga
Dave Sawdey, BricsNet
Jean Boles, FAMIS Software, Inc.
Jeff Blasbalg, Resolve Technology
Jim Bayles, RealFoundations
John Foster, RealFoundations
Kathy Rybak, Yardi Systems, Inc.
Ken Brown, Accruent, Inc.
Kim Maddox, Intuit, Inc.
Shirley Roberts, Cushman & Wakefield
Sue Takasugi, Cisco Systems, Inc.
John D'Alessandro, US GSA
BUSINESS VALUE:
The Lease Abstract Exchange Standard will essentially eliminate labor-intensive and error-prone manual transcription methods. It will also make research and benchmarking much more accessible and accurate.
Whereas OSCRE's Commercial Property Information Exchange focuses on the institutional owner and an entire portfolio, the Lease Abstract Exchange Standard focuses on corporate owners and individual lease/s requiring day to day usage of lease information; e.g. Use of lease abstract data to seed accounting information.
VALUE ENHANCEMENT:
- Establishes a common language and framework for abstracting leases
- Provides a universal data format for exporting and importing abstract data to and from different software systems.
- Reduce Software Capital Expense
- Reduced Software Integration Requirements
- Shorter cycle time - quicker rent roll availability
- Accurate Data - No Data Scrubbing
- Single Entry of Data - No Redundancy
- More Efficient Training, Work Processes and Compliance Issues.
- Increased Productivity for Accounting, Facilities Management, and Work Orders - the Entire Lease and Property Management Ecosystem!
Business Processes:
Lease Abstract Exchange Standard supports the exchange of condensed summaries of complete lease documents (ie: Lease Abstracts) between Brokers, Leasors, Portfolio Managers and other stakeholders. This Standard is designed to essentially eliminate labor-intensive and error-prone manual transcription methods currently in use and to make research and benchmarking throughout the Lease Abstracting Ecosystem much more accessible and accurate.
Upstream and downstream users include, among others:
Lease Abstract Exchange Standards implemented in software enable not only lease and tenant services but also property management, corporate services and a host of related business activities. To boost Real Estate commerce, OSCRE provides standard specifications to the industry and assists in implementation and associated best practices adoption.
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OSCRE - Strategy and Planning Metrics Workgroup
Virtual
To define the data elements, and the related data structure, needed to specify an initial set of performance metrics which can be used for Workplace Resource Strategy and Planning. These data elements are likely to be used in other strategy and planning activities and in other real estate and workplace resource management activities.
The output of this working group will result in better data exchange and more credible and appropriate performance metrics, which will enable organizations to make better decisions about their workplace resources. With better decisions, these workplace resources can have lower costs and can provide a higher return on investment and enhanced productivity for the organization.
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Virtual
To define the data elements, and the related data structure, needed to specify an initial set of performance metrics which can be used for Workplace Resource Strategy and Planning. These data elements are likely to be used in other strategy and planning activities and in other real estate and workplace resource management activities.
The output of this working group will result in better data exchange and more credible and appropriate performance metrics, which will enable organizations to make better decisions about their workplace resources. With better decisions, these workplace resources can have lower costs and can provide a higher return on investment and enhanced productivity for the organization.
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PISCES - Commercial Introductions Workgroup
Virtual
To develop a Version 2 extension to support the introductions of commercial investment opportunities by sellers to buyers, including retained and non-retained agents acting on behalf of each party.
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Virtual
To develop a Version 2 extension to support the introductions of commercial investment opportunities by sellers to buyers, including retained and non-retained agents acting on behalf of each party.
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PISCES - International Workgroup
Virtual
To develop a extend and restructure the PISCES standard to ensure that it fully supports international use including both local exchange of data in any region and exchange of data between regions.
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Virtual
To develop a extend and restructure the PISCES standard to ensure that it fully supports international use including both local exchange of data in any region and exchange of data between regions.
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PISCES - Lenders Conveyancing Workgroup
Virtual
To harness and develop the PISCES Standard to automate communication between the conveyancer and lender in a way that is accessible and conducive to widespread adoption and facilitates faster and easier transactions.
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Virtual
To harness and develop the PISCES Standard to automate communication between the conveyancer and lender in a way that is accessible and conducive to widespread adoption and facilitates faster and easier transactions.
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PISCES - Occupancy Cost Workgroup (Autumn 2006)
London
Single total occupancy cost or Chart of Accounts Code and XML standard for all cost categories post occupation of a building.
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London
Single total occupancy cost or Chart of Accounts Code and XML standard for all cost categories post occupation of a building.
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PISCES - Planning for Addressing Workgroup in 2007
UK and Europe
Compiling a single xml standard for built asset addressing.
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UK and Europe
Compiling a single xml standard for built asset addressing.
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PISCES - Portfolio Information Management Workgroup (Autumn 2006)
London
XML standard for automatically migrating portfolio data from one management system to another.
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London
XML standard for automatically migrating portfolio data from one management system to another.
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PISCES - Residential Workgroup
Virtual
To ensure that PISCES supports all processes affecting the sale, purchase and mortgage of residential property in a way that is accessible and conducive to widespread adoption and ultimately facilitates faster and easier transactions.
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Virtual
To ensure that PISCES supports all processes affecting the sale, purchase and mortgage of residential property in a way that is accessible and conducive to widespread adoption and ultimately facilitates faster and easier transactions.
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PISCES - V2Legal Workgroup
Virtual
To create a PISCES version 2 schema that identifies and defines the lawyer�s business processes undertaken during a real estate transaction.
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Virtual
To create a PISCES version 2 schema that identifies and defines the lawyer�s business processes undertaken during a real estate transaction.
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page updated: May 29, 2009 |