Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 66, No. 5, September

Career Crossroads
The real estate management job market is holding its own against the impact of the economic slowdown as corporate owners and investors recognize the need to have the best professionals managing their properties during a squeeze on profitability. ...
Cubicles Be Gone!
Managing the Workplace of the Future If you're a manager of commercial office space, don't be surprised if one day soon a tenant summons you to their "hive" to dish about workplace productivity and job performance. Increasingly, today's commercial...
Cultivating PERFORMANCE
Proper management can turn unproductive workers into company assets. Can you turn poor performers into company assets, or should you simply fire them? Before you decide, rake time to evaluate your management approach and the employee's capability....
Customized Compensation Packages Key to Winning Talent War
Faced with a hefty 45 percent turnover rate, the real estate industry is beginning to develop some solid solutions for today's worsening talent crisis. With a combination of attractive compensation packages, enhanced career opportunities, and improved...
Digital Denial
Managing the Human Element of Technology When a client urgently calls to report that a water pipe has burst and the office has flooded, the property manager may not blink an eye, adjusting quickly to the new challenge, the new state of mind, the...
Equity Office MAPs out Unique Training Program
Have you ever applied for your dream job only to discover you lacked the relevant work experience to be considered for the position? For a number of individuals today interested in pursuing a career in the commercial management sector, this is an all...
From Huddle Rooms to Touchdown Space
Accenture Creates Unique Hoteling Office Solution When Accenture (formerly Andersen Consulting) took a close look at its highly mobile, 65,000 employees in 250 cities worldwide, it decided that the traditional notion of a dedicated workspace for...
Holding on to Top Talent
Overcoming Retention Deficit Disorder An epidemic is sweeping through the business community and the real estate industry has not been immune. The diagnosis is Retention Deficit Disorder and the symptoms almost always come in the form of turnover...
Leadership Unlocks Potential
Can new management techniques and leadership skills be the key to increasing your profits and improving employee relationships? Roger Herman, a keynote speaker and strategic business futurist, has written ten books on business future topics and their...
Letter
Adapt, adopt, achieve! How will your company look one year from now? Five? Ten? Now is not the time to sit on the sidelines watching as significant change speeds through our industry. Rather, now is the time to adapt to todays many changes, adopt...
Managing Risk with Internal Controls
Running a business carries with it the challenges and risks of the marketplace as well as a variety of internal challenges. As the owner of a property management company, one of those challenges is keeping careful tabs on your monthly financial statements....
Personality Quiz
Personality tests for job candidates are making a comeback. But this time around, rather than using the tests to identify applicants with potential psychological problems, employers are using them to determine whether a candidate is a perfect fit for...
RAISING the BAR
If ever there was a time the real estate management industry needed to raise the bar when it comes to quality training, it's today. Property management firms are facing the ripest market in recent years. Owner consolidation, combined with the tremendous...
REITS Partner Up with Pension Funds in Joint Ventures
A few years ago when Keystone Property Trust, a Pennsylvania-based industrial real estate investment trust (REIT), was looking to strengthen its market share in neighboring New Jersey, it decided to do so through a two-prong strategic thrust. It would...
Rev Up Your Job Search!
Need for speed drives candidates online The need for speed, as well as convenience and accessibility, are driving an increasing number of job candidates to conduct their job search online. In spite of the current economic downturn, both job candidates...
Team-Building for a Better Tomorrow
"Go take that hill!" It's something that John Wayne might shout to his troops in an old Hollywood war drama. The soldiers lay huddled in the grasses of some far-off battlefield, taking on fire from above, as their fearless leader tells them what needs...
The Color of Success
Painting Your Way to Productivity Whether you prefer pastels or primary hues, color can play a vital factor in your workplace environment, impacting both employee productivity and wellness. It is a fact that color affects the body, mind and spirit...
Want to Attract Top Talent?
Start with workers' wish lists In challenging economic times, it becomes even more important to hire and retain the best candidate for the position. To succeed today, as in a good marriage, employees and employer have to be partners willing to share,...