Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 69, No. 6, September/October

Break New Ground
Tune in to the latest architectural trends in retail, multifamily, industrial and office constructionWhether it's capturing the halcyon mood of a bygone era, positioning more building in less space or securing a structure, the four major commercial real...
Chapter Spotlight: Milwaukee's Best
A full schedule of educational offerings keeps this chapter churning out new membersMilwaukee Chapter No. 13 boasts an education schedule featuring nearly every IREM course, making it easy for its members to fulfill the education requirements on the...
College TRY
Credit card processing fees were killing profits in Kalamazoo. Phoenix Properties, LLC, AMO, based in this college town, had allowed Western Michigan University student tenants at four of its properties to pay their rent by credit card until the cost...
Fend off Professional Obsolescence
What we know today is not enough for tomorrow. Knowledge is highly perishable. What seems cutting edge one day quickly becomes outdated. The onslaught of technology continuously changes the ways we must do business. The burden of ever more legislation...
Focus: Lighting
Upwardly MobileMonitor Controls' Monitor Series of elevator fixtures uses LED illumination in place of traditional incandescent bulbs to reduce maintenance costs and eliminate unnecessary heat. LEDs can last 50 to 100 times longer than incandescent bulbs...
Germane Efforts
Property management in Germany continues to solidify its presenceAlmost everything in Germany is ancient. In Bavaria, the tradition of brewing beer, medieval castles and Oktoberfest are the best examples. Even though the history of property management...
International Update
First Japanese Members Successfully Complete Faculty TrainingThree Japanese CPM members completed IREM's recent faculty training session in June: Yoshitaka "Sam" Sadamura, CPM, Masayoshi "Mark" Fujisawa, CPM, and Yasunori "Tiger" Yamamoto, CPM. All three...
IREM Foundation Update
During the years, the IREM Foundation has sought out college students, prospective real estate professionals and real estate management practitioners to provide them with the financial assistance needed to furthertheir education. The Foundation's search...
Landing the Deals
* Divans Real Estate, Inc., which comprises Divaris Property Management Corp., AMO, announced the completion of a number of deals:* Watershed Concepts finalized a lease for 4,631 square feet of office space in Kansas City, Mo. Watershed is a subsidiary...
Mass Conversion
Rental to condo scenarios can be both rewarding and risky for managersThe condominium conversion craze remains strong, fueled by favorable economic conditions that permit first-time buyers to enter the market in search of affordable housing. Demographic...
My Job Search and My IREM Friends
When times are tough, the IREM network can help guide you throughFor the first time in my real estate career I was jobless! The date was January 2. I had just celebrated the new year and was pumped to move my company ahead in 2004. My boss arrived at...
Paper or Plastic?
Managers are discovering a credit card payment option builds amenity appeal among high-end rentersCharge it. Is it an idea whose time has finally come to the multifamily market? Lured by reward points for recurring automatic rent payments and bonus offers...
Real-Time Value
Managers should never stop searching for the right technology for their facilitiesTechnology is interesting. Consider all the gadgets, devices and widgets available today. But does "interesting" add real value to our lives, businesses or communities?...
Roller Coasters to Retail
Famous PropertiesAn aging Nashville amusement park is reborn as a thriving multiplexThe transformation of one of Tennessee's biggest theme parks into a mega-mall has been a wild ride.Gaylord Entertainment managed the Opiyland theme park, part of its...
Singin' a Happy Tune
No sad songs for Nashville, thanks to a solid economy and its shoppers' paradiseAs Nashville is home to the legendary Grand Ole Opry, one might expect the city's real estate practitioners to be singing sad country songs about the current state of the...
Space Race
Managers have at their fingertips a bevy of tech tools to help them with all manner of facility planning and renovationsWhether the task at hand is completely renovating a facility, moving a tenant or an entire department to a new location or simply...
Tap into Paired Profits
Convert your expertise to income by consulting for owners or attorneys, lecturing or writingAre you maximizing your earning potential? Experienced property managers often acquire talents that enable them to generate new revenue streams apart from traditional...
Where - House?
A wave of inventive projects and initiatives proves repositioning a viable option to reinvent struggling warehouses by Amanda DruckmanIt seems common property management knowledge these days that a surefire way to resuscitate an underperforming warehouse...