Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 62, No. 1, January/February

A Future for CBDs?
Can cities and suburbs find ways to work together and solve today's urban problems? This vital question was the focus of several sessions during the recent Urban Land Institute meeting in San Francisco. Dr. David Birch, president of Cognetics Inc., advised...
A Lone Star Is Reborn
In 1990, the Dallas West Shopping C a monument to the neglect and decay of neighborhoods that surrounded it. For years, retailers had flourished at this corner Singleton" and Hampton, but now many had failed, and the survivors were struggling. Opened...
Boom and Bust: Gone for Good?
Even though the overall outlook for real estate is rosy, investors can't help feeling a little edgy. They know all too well that the bad times follow the good times, again and again. So, joy about current market conditions is tempered with caution. Beneath...
Disaster: A Success Story
Disaster recovery planning is as critical to the operation of real estate as rent collection, leasing, and maintenance. A natural or manmade disaster does physical damage to an asset's value. But the failure to respond quickly and professionally to such...
Energy Audit Leads to Big Savings for Lucent Technologies
The highly publicized spin off of Lucent Technologies from AT&T shows a division that has evolved into a fully independent company. Not so well known are the ways in which Lucent is making itself more efficient as a tenant. Since 1994, the company...
Gatekeepers without Keys?
The pending rulings on telecommunications law have caused a stir in the multifamily industry over its rights. The commotion has been agitated by the Telecommunications Act of 1996, which set goals to encourage competition, remove regulatory delays on...
HVAC Audits
Buildings in the United States consume vast amounts of energy. U.S. commercial buildings used 5.8 quadrillion btu of energy, the equivalent of 1 billion barrels of crude oil, in 1989, according to the U.S. Energy Information Administration. Office buildings,...
IREM Regional Vice Presidents Report 1997
Region 1Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont Greater Hartford is struggling because of mergers at Aetna, Travelers, and large banking institutions. The result is a 20 percent office vacancy and negative absorption....
Military Housing Needs You
Opportunities often come in strange packages. Just as corporate downsizing has created new demand for outsourcing services, recent federal government initiatives to balance the budget and control costs have prompted many federal agencies to look toward...
Real Estate 97: On an Even Keel at Last?
Having weathered the high seas of overbuilding, the storms of economic recession, and the gales of foreclosures, real estate is charting a steady course, sailing, most believe, toward smooth waters. In almost all property types (retail is the big exception),...
Regional Roll Call
During the November 1996IREM Annual Convention, the Institutes Regional Vice Presidents commented on issues affecting the real estate industry in their areas and nationwide. (All Regional Vice Presidents are CPM members.) James P. Kuntz, Region 12 (Alaska,...
Suite Deal
Executive suites are booming. What does that mean for you? They are called "execitive suites," or "working environments," or occasionally even "McOffices." They all basically mean the same thing: short-term office space and services often encompassing...
Take Control
Safeguarding Assets through Good Internal Controls Some time ago, I audited the property management operations of an office building owned by one of my clients. Since this property was being operated by a small management company, the checking account...
Telecommunications Invasion
It's an apartment manager's nightmare: A white van lumbers over the flower bed to get around another van that has parked in your space to get access to a cable feed. All the lines on your phone are lighting up, red as the faces of the enraged residents...
Virtual Reality
If you have ever tried to sell a luxury condo using only a pale watercolor rendering or to lease 50,000 square feet of office with only a floor plan and a carpet swatch, you know the problem. How do you translate the potential of raw construction into...
What Does the '96 Election Mean for Real Estate?
In the two weeks following the 1996 Presidential election, JPM asked several real estate leaders for their impressions on the outcome. Charles S. Wilkins Jr., CPM(R), Senior Vice President, NHP Inc. The Presidential election results were probably good...