Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 73, No. 1, January-February

A Diamond Is Forever: IREM Family Celebrates 75 Years!
It's a new year and the start of something very special for our organization: Celebrating our 75 years of education, ethics and excellence. When you start to think about what this 75 years means for our profession, we are extremely fortunate to be...
Ethics Boards Active at IREM Fall Meetings
The Board of Ethical Inquiry met at the 2007 IREM Fall Business and Governance meetings in San Antonio where they reviewed two complaints. One complaint alleged mismanagement of HOA funds. The complaint was reviewed by the Board in July by telephone...
Gateway to Gorgeous: Boston's Rowes Wharf Offers Tenants and Visitors a Taste of Everything
What better way to honor one of America's most famous harbors than with an impressive and all-encompassing property that represents the city's vibrant personality? Built in 1987, Rowes Wharf acts as a gateway into Boston, prominently standing at the...
Greening Leases: Owners and Managers Must Spell out Sustainability in Leases
With the number of sustainable buildings growing in the marketplace, leasing practices have followed suit. Once property owners and managers build or integrate sustainable processes into their buildings, they must clearly articulate this in the leases...
"High Five for 75" Quiz #1
Go to www.irem.org/75thContest to complete this quiz online. You'll find all of the answers in this issue of JPM. 1 A frequent donor to Northwestern University's Kellogg School of Management, Howard E. Haynie also held what position with the Institute...
IREM Foundation Adopts New Focus, Priorities
In the months prior to the 2007 IREM Fall Meetings, the officers for the IREM Foundation and IREM met to review and sharpen the focus of the Foundation. This work was a culmination of a strategic planning process for the Foundation that had begun in...
IREM Launches New Internship Program
The Institute of Real Estate Management (IREM) recently launched an internship program that introduces newcomers to the field of real estate management. The first phase of this program was the creation of an internship section on IREM's popular...
JPM Articles Translated for International Members
IREM translates one article from each issue of Journal of Property Management into multiple languages to serve our members throughout the world. You can find the article, "How Many Properties Can a Property Manager Manage?" by Hal Cottingham, CPM,...
Know Your IREM Code of Professional Ethics; Article 13: Duty to Report Violations
Each IREM Member has a responsibility to provide the Institute of Real Estate Management with any significant factual information that reasonably suggests another member may have violated the IREM Code of Professional Ethics. A complaint alleging a...
Let It Snow: Preparing Your Property for Winter Prevents Unforeseen Hazards
The alarm clock goes off, and a tired figure rises and shuffles quietly across the room. Peering between the slats of the blinds, he is greeted by the sight of an immaculate, undisturbed blanket of snowflakes glistening lightly in the pre-dawn twilight....
Message from the President
Dear Colleagues: Through your individual accomplishments, IREM has reached a position of impact and influence that few professional organizations enjoy. It is a privilege indeed to serve as your president for this 75th Anniversary year. And what...
New IREM Leaders Take the Helm
At the IREM fall business and governance meetings in San Antonio, new officers and regional vice presidents were installed. They will spend the next year serving and getting to know members. Readers can take this opportunity to get to know them. ...
Online Portals: Residential Managers Offer Leading Edge Communication Tools for Existing and Potential Tenants
A Web site boasting high-end photography and up-to-the-minute features helps attract and retain residents at Mark-Taylor communities in Arizona. This resident "portal," as it is called, allows potential residents to tour properties and complete rent...
Portals: The Gateway to Superior Service and Increased Marketability
With technology at the forefront of real estate, the amount of accessibility to business information continues to grow exponentially. The profound impact of instant access to data is clear to those managing a real estate business, but how does this...
Recruiting Talent: Talent in Property Management Takes on New Importance
The Baby Boomers are at it again. After years of leading the way on various trends (think rock 'n roll in the 1960s and jogging in the 1980s), many Boomers are about to stir things up again as they head into the next stage of their lives--retirement....
Recruitment Drive: Recent Real Estate Graduates Make an Impact at Property Management Firms
During the last several years, colleges and universities across the country have begun to tailor their business curriculum to better meet the needs of a variety of industries. The days of a basic business administration degree are gone. Students today...
Redefining the Anchor Tenant: IREM Members and Retail Professionals Provide Insight
Shopping centers will always be in a state of constant change and evolution. In order to keep up with shifting consumer demands and shopping trends, foresight and flexibility are critical to any shopping center's success in today's market. As shopping...
Rules of Attraction: Getting the Best Management Team in Place Requires a Marketing Strategy
Imagine a perfect management world: It's Monday morning and you're extremely satisfied. Your new property management team is self motivated, you're happy with everyone's performance and they all fit right in with your company's culture. Even better,...
RVP Corner
In RVP Corner JPM shares the thoughts and opinions of an IREM Regional Vice President on a single topic covered in the magazine. This issue, IREM Region 7 Vice President Rheta Williams, CPM[R] discusses the re-imaging of anchor tenants. [ILLUSTRATION...
Soaring Growth in Pacific Northwest: Technology, Tourism and Surging Oil Prices Revitalize Region's Real Estate
The Pacific Northwest, encompassing Washington state, Oregon, Alaska and Northern California, has experienced quite the economic rollercoaster ride in the past decade. After surviving big losses in the early 2000s, the market in all sectors is flush...
Stepping on the Green: IREM AMO Firm Helps Adobe Conserve Energy and Save Money
Nearly every day a new report appears in the media underscoring the importance of "going green," which really relates to environmental protection, waste reduction and resource conservation. A number of real estate management companies are investing...
Survey Says: New Technologies Enable Property Managers to Transform Their Customer Survey Process
Advances in customer survey technology can help property managers harness customer feedback by capturing the right information at the right time. These technologies open up a whole new range of choices for real estate companies looking to collect valuable...
Surviving Burnout: When Stress Starts to Replace Your Old Passion for Work, Make a Change
"... everything can be taken away from a person but one thing: the last of the human freedoms--to choose one's attitude in any given set of circumstances, to choose one's own way."--Victor Frankl Back when I was 18, I desperately wanted to join the...
Tips for Writing an Article
It's a new year and once again, you think, "I'm going to write an article and get it published." So why haven't you written an article? It isn't because you don't have anything to write about. Every property manager is carrying several articles inside...