Key Takeaways
- • OSCRE International and ConnexFM announced on November 10, 2026 that they have signed an agreement to merge, with closing expected by the end of December 2026.
- • Upon completion, OSCRE will operate as a division of ConnexFM under the name "OSCRE powered by ConnexFM."
- • Bill Yanek, ConnexFM's CEO, will lead the combined organization, while Richard Reyes, OSCRE's CEO and Executive Director, will become Executive Vice President of Digital Strategy for ConnexFM.
- • The ConnexFM Board will become the governing board of the combined entity, per the announcement.
- • The deal combines OSCRE's real estate data standards expertise with ConnexFM's network of more than 3,000 facilities management professionals and suppliers across 800+ member companies.
Summary
OSCRE International and ConnexFM announced on November 10, 2026, through a PRNewswire-PRWeb release, that the two organizations have signed an agreement to merge. The transaction is expected to close by the end of December 2026. Upon completion, OSCRE will operate as a division of ConnexFM under the name "OSCRE powered by ConnexFM." The release did not disclose financial terms.
OSCRE International, founded in 2002, develops and supports the implementation of real estate data standards and data governance practices, including the OSCRE Industry Data Model, a common framework for data across the real estate asset lifecycle. ConnexFM, created in 1995, provides education, resources and a professional community for multi-site facility managers and today represents more than 3,000 professionals and suppliers across 800+ member companies.
Bill Yanek, CEO of ConnexFM, said that facilities management is becoming increasingly digital and that the merger strengthens the organization's ability to build the data-driven skills its members need. Richard Reyes, CEO and Executive Director of OSCRE, said that OSCRE brings standards and data expertise while ConnexFM brings operational knowledge from thousands of professionals working with that data daily. Mike Maxfield, Chairperson of the OSCRE Board of Directors, said the Board's priority was preserving OSCRE's mission while increasing its impact, and that the merger gives OSCRE the scale and support to carry its work forward.
Under the leadership structure described in the release, Yanek will serve as CEO of the combined organization, and Reyes will become Executive Vice President of Digital Strategy for ConnexFM, overseeing both the OSCRE division and ConnexFM's overall digital strategy. The ConnexFM Board will serve as the governing board of the combined organization.
OSCRE International, founded in 2002, develops and supports the implementation of real estate data standards and data governance practices, including the OSCRE Industry Data Model, a common framework for data across the real estate asset lifecycle. ConnexFM, created in 1995, provides education, resources and a professional community for multi-site facility managers and today represents more than 3,000 professionals and suppliers across 800+ member companies.
Bill Yanek, CEO of ConnexFM, said that facilities management is becoming increasingly digital and that the merger strengthens the organization's ability to build the data-driven skills its members need. Richard Reyes, CEO and Executive Director of OSCRE, said that OSCRE brings standards and data expertise while ConnexFM brings operational knowledge from thousands of professionals working with that data daily. Mike Maxfield, Chairperson of the OSCRE Board of Directors, said the Board's priority was preserving OSCRE's mission while increasing its impact, and that the merger gives OSCRE the scale and support to carry its work forward.
Under the leadership structure described in the release, Yanek will serve as CEO of the combined organization, and Reyes will become Executive Vice President of Digital Strategy for ConnexFM, overseeing both the OSCRE division and ConnexFM's overall digital strategy. The ConnexFM Board will serve as the governing board of the combined organization.
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