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T/F The oldest professional organization of property managers is the building owners and managers association (BOMA)

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Final answer:

The Building Owners and Managers Association (BOMA) is indeed the oldest professional organization of property managers, founded in 1907. It provides education, advocacy, and networking for commercial real estate professionals internationally.

Step-by-step explanation:

The statement that the Building Owners and Managers Association (BOMA) is the oldest professional organization of property managers is true. The BOMA was founded in 1907 and it is a well-known international association that serves the interests of commercial real estate professionals. This organization provides information, education, advocacy, and networking opportunities, playing a significant role in the industry for more than a century. It is recognized for establishing standards for measuring buildings, offering certifications, and for a variety of other initiatives aimed at enhancing the performance of real estate assets.

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