Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 71, No. 5, September-October

All in the Family: Succession Planning in a Family Business Is Important for Keeping Family and Business Intact
If you preside over a family-run business, effectively facilitating your succession plan can present many challenges. Here are some suggested steps designed to help you toward that end. [ILLUSTRATION OMITTED] 1. Engage your chosen successor....
Breaking Ground: Good Landscaping Revitalizes Any Property, Often Attracting New Tenants and Residents
When it comes to curb appeal, nothing packs more much punch than good landscaping, and that's no secret. American homeowners spent around $68.5 billion shopping at retail garden outlets and investing in lawn care and landscaping services in 2002,...
Bricks and Mortar of Tuckpointing: Although an Expensive and Arduous Process, Tuckpointing Is a Long-Term Investment
Removing and replacing old crumbled mortar between bricks, a process known as tuckpointing, is akin to changing a car transmission. It's not something you do often, yet it's essential and a big enough job to put in the hands of experts. "It's something...
Course Listings
Course Listings SEPTEMBER MNT402 September 5-6 San Diego, CA FIN402 September 7-8 San Diego, CA RES201 September 7-9, 11-13 Houston, TX ASM603 September 11-12 San Antonio, TX ASM603 September...
Family Ties: Succession Planning for Family Businesses Is a Balancing Act of Family Relationships and Savvy Financial Planning
When it came to family, F. Orin Woodbury meant business. After founding Woodbury Corporation as a brokerage and property management firm in Salt Lake City, Utah, in 1919, he encouraged his family to get involved in the company. Now, 87 years later,...
Feedback Forward: Coaching and Commending Employees by Offering Continuous Feedback Helps Them Move Forward
Employees: Your success depends upon them, and you need them to produce profitable results. Your feedback on their performance--conveyed correctly--makes all the difference. Performance feedback can be a useful improvement tool or just another report...
Florida Market Shines: Booming Economy and Population Make Tampa, Other Florida Cities Ripe for Real Estate Investments
These days, when people say it's hot in Florida, they're probably talking about more than just the weather. With a sky-rocketing population, explosive job growth and a robust real estate market, the Sunshine State is quickly joining the ranks of New...
Get with the Program
Whether you have kids heading off to school this fall or you have just been bombarded by "back to school" advertisements, you're probably aware students across the country are throwing themselves back into their studies--or are at least pretending...
Learning Curve: As the Privatized Student Housing Market Explodes, Property Managers Learn How to Cater to Students and Their Parents
Student housing formerly evoked images of crusty, beer-drenched carpets, roommates bickering over phone bills and total independence from mom and dad. Today's Baby Boomer-classified parents, however, expect far more from the college experience for...
Mixed Bag: Construction of Mixed-Use Properties Creates Challenges for Managers Juggling Diverse Tenants' Needs
The $1.6 billion Time Warner Center at New York's Columbus Circle is a Rubik's Cube of multiple uses. The 750-foot, twin-towered complex houses Time Warner's global headquarters, the Mandarin Oriental luxury hotel, retail spaces, restaurants, offices,...
Seeing Green: A Green Building Revolution Is Inspiring Legislation, Forcing Property Managers to Take Note
With oil prices close to $80 a barrel, heating and energy costs soaring and seemingly no end in sight for such increases, a green movement is taking hold and will likely accelerate. [ILLUSTRATION OMITTED] Government authorities are progressively...
Shopping for Green: Savannah, Georgia Plays Host to First All-Retail LEED-Certified Shopping Center
In a city committed to historic preservation, it is rare to stumble across a property blatantly embracing modern methods of design. But in Savannah, Ga., Albercorn Common--the first all-retail LEED-certified shopping center--is a testament to the...
Show Me the Money: Innovative Professionals and Technology Positively Impact Cash Flow
Real estate and technology have always been and in many cases remain an oxymoron. [ILLUSTRATION OMITTED] At its highest levels real estate and property markets have been focused on one thing--"the deal," in terms of the perfect property to acquire...
Simple Green: As the Advantages of Greening Properties and Becoming LEED Certified Become More Evident, Property Managers Find Ways to Make Their Existing Buildings More Eco-Friendly through Maintenance
Life's decisions are rarely black and white: Many decisions made by property managers today are actually clouded by shades of green. [ILLUSTRATION OMITTED] Going green and deciding to implement eco-friendly practices at a property is often complex--requiring...