Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 64, No. 1, January/February

Cleaning Up the Mess: Dealing with Property Contamination
Dealing with Property Contamination What do you do when a tenant drains his radiator in the parking lot or empties used motor oil in a planter? What if a painter spills a bucket of paint thinner on the ground or washes his or her brushes in the storm...
Connecting to the Future
It is human nature to want to know the future. From ancient times, we have read tea leaves, gazed into crystal balls, and watched the stars to learn what the future holds. Today, economists and demographers have replaced prophets and magicians as the...
Interview: Dr. Kelly D Vandell
Dr. Kerry D. Vandell is director of the Center for Urban Land Economics Research at the University of Wisconsin-Madison and author of Strategic Management of the Apartment Business in a "Big REIT" World. JPM. A year ago, it seemed that REITs were going...
Investment Insights: Investing in Yourself
An interview with Ric Campo, Chairman and CEO of Camden Property Trust. As REIT share prices have fallen-to levels below net asset value in many cases-some REITs are pursuing a time-honored Street strategy of buying back their own stock. JPM: What factors...
IREM Regional Vice Presidents Report 1999
Region 2 Delaware, New Jersey, New York, Pennsylvania Albany CBD market had improved to 13% by mid-1998, showing a 2% improvement over the preceding year. Declines in inventory are most evident in Class B. The decision by NY State government to move...
Legal Issues: Minimizing Y2000 Liability
Year 2000 lawsuits are the millennium bug that will keep on biting. And the biggest bug bite could come from the inability to credit or pay out funds because of internal software problems. Property managers probably face the greatest liability from owners...
Medical Facilities Outsourcing
Historically, health care systems have not considered themselves in the real estate business, despite the fact that most own and lease multiple facilities. But during the last decade, health care has undergone significant changes with much of the focus...
Next Stop the Millennium
Just when you thought that things just couldn't get any better-the lowest vacancies in 20 years on almost every property type, stable rental rates, rising property prices, mortages available at loan-to-values unseen since the '80s, booming stock market-?...
No Space at the Strip
When the property owners completed the renovation of an old neighborhood shopping center and changed its name to reflect its new look, they believed their troubles were over. They acquired an antiquated 86,000 square foot shopping center, which looked...
Strategic Planning for Real Estate Companies
Strategic planning helps a company decide what it wants to be when it grows up. Broadly defined, strategic planning shows a company where it is going and how it plans to get there. Especially at a time when the real estate industry is changing and consolidating...
The ADA's Impact on Fire Alarm Systems
in 1990 Congress passed the Americans with Disabilities Act (ADA). The law made it a civil right that access to public spaces may not be denied regardless of a person's ability or disability. Under the threat of civil suit, building owners and managers...
The Adventures of Leasing Lynda: Episode 7-Best Foot Forward
You've probably heard the old adage: "The first impression is a lasting impression." In real estate leasing, that could not be truer. Your leasing center's appearance and how a prospect is greeted when entering often will determine whether or not he...
The Virtual Resident: Computerizing Lead Management
Businesses have built an industry for the sole purpose of gathering quality information and developing sales leads for revenue. You can buy a list of people who like and don't like the color blue, owners of Russian Wolf Hounds, or men who wear plaid....
To Convert or Not to Convert? an Interesting Question
The Taxpayer Relief Act of 1997 has awakened interest in IRAs as a means of savings, not only for retirement but also for other longterm goals such as first-time home ownership and a college education. A traditional IRA has its advantages, but funding...
Trends Affecting Real Estate Management
This RVP roundtable took place during the 1998 Institute of Real Estate Management National Convention in Anaheim, Calif. All participants are CERTIFIED PROPERTYMANAGERS JPM: What impacts have 1998 stock market declines and global economic downturns...