Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 72, No. 1, January-February

Airing out Concerns: Property Managers Can Protect Their Tenants from Illness and Business from Liability by Addressing Indoor Air Quality
Poor indoor air quality is an ongoing concern for both real estate managers and their tenants. Air pollutants like mold spores, dust, radon, asbestos, bacteria and emissions from office furniture can greatly increase the risk of illness and impact...
Brazil's Condo Bonanza: Changes in Country's Economy and Financing Practices Spur Condo Market's Growth
Brazil's white sandy beaches and backdrops of lush rain forests may be a longtime part of its landscape, but the country's condo market is just beginning to take off. Boding well for the current condo boom are a healthy economy; promises of more...
Condo Sizzle Simmers: Experts Forecast Cooling Condo Market's Future and Determine Its Effects on Real Estate Managers
If you build it they will come--or not. [ILLUSTRATION OMITTED] Developers and building owners spent the last several years rushing to build, convert and rehab buildings for condominium use. The market was called everything from a gold mine to...
Critical Inquiry: Expanded Environmental Law Establishes New Requirements for Properties
The amended Comprehensive Environmental Response, Compensation and Liability Act of 1980 (CERCLA) has three defenses--the "innocent landowner" defense, the "bona fide prospective purchasers" defense and the "contiguous property owners" defense. ...
Cultural Crossroads: As Corporate America Grows More Diverse, the Real Estate Industry Follows Suit
As recent as 10 years ago many major corporations' workforces were dominated by white males. Today, however, the ethnic and gender makeup of the workforce is evolving as the number of minorities in the United States increases. [ILLUSTRATION OMITTED]...
Eco-Systems and Techno-Systems: Energy-Efficient Technology Leads to Good Business Practices
At a very basic level, most people believe our planet is getting warmer and the cause is carbon emissions from industrialized countries. From there, it gets more complicated: Many individuals in the United States think global warming is too expensive...
Healthy Investment: As the Aging Population Spurs Development of Medical Office Buildings, Real Estate Managers Seize Opportunities to Diversity Portfolios
America is getting older. The first wave of Baby Boomers--numerically the largest generation in U.S. history--has reached the age of 60. [ILLUSTRATION OMITTED] Many business sectors are gearing up to capitalize on the graying of the population--especially...
Institute Unveils Comprehensive Code of Ethics
On January 1, 2007, the new, comprehensive IREM[R] Code of Professional Ethics went into effect. All CPM[R] Members, CPM[R] Candidates, ARM[R] Members, ACCREDITED COMMERCIAL MANAGER Members and Associate Members must adhere to the Code as an obligation...
IREM Ethics Committee Takes Action
The Ethics and Discipline Committee met at the 2006 Fall Business and Governance Meetings in Tampa, in October. They reviewed complaints and made conclusions following hearings. The Board of Ethical Inquiry reviewed six new complaints. One complaint...
IREM Foundation Auction Is Big Success
Fundraising events provide an opportunity for donors to support the IREM Foundation's mission while learning about its initiatives and programs, having fun, and meeting new people. The IREM Foundation's fifth annual auction, held at Success Series...
New IREM Leaders Take the Helm
At IREM's fall business and governance meetings in Tampa, in October, 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....
Respectfully Yours: Creating an Environment of Appreciation and Trust for Employees Is Crucial
Real estate managers have many demands on their time at any property, usually handling responsibilities across all fronts--interacting with police and fire departments, trash removal, taxes and education of staff, tenants or residents and more. Typically...
Seattle's Best: History and Community Take Center Stage in Seattle's Amazon.com Building
The conversion of the Amazon.com Building from a naval hospital into an e-commerce giant's headquarters in Seattle, combined the best of the old with the excitement of the new to create a landmark structure. In 1928, the city of Seattle granted...
Shelving Diversity: The Nation's More Ethnically Diverse Population Encourages Shopping Center Managers to Meet a Need for Ethnic-Friendly Products and Experiences
Many great American cities are known for their ethnic shopping districts. San Francisco would be nothing without Chinatown. Chicago's Greektown has been home to some of the city's favorite restaurants for decades. What would a trip to New York be without...
Sink or Swim: Teamwork and Member Involvement Can Propel IREM, Industry Forward
As a competitive swimmer, I learned early on to focus on keeping my form, building momentum and giving 110 percent in each workout. Working out and occasionally participating in competitive swimming events has kept me healthy and in shape, and has...
Staying in Touch: Tenant Councils at Properties Connect Managers with Tenants, Driving Tenant Satisfaction
Tenant councils have been a hush-hush concept in the real estate management industry for years. Owners and managers have steered clear of such entities because they have earned a reputation for being potential coups with missions to overrun management...
Word of Mouth: Creative Use of Credentials Opens Doors
During my 15 years as an IREM instructor, many students have asked me to help them weigh the potential benefits of becoming a CPM or an ARM. Most of them consider obtaining an IREM designation for the knowledge, credibility, resources and networking...
Word of the Y's: As Generation Y Enters the Workforce, Real Estate Managers Must Realize and Accept Differences
Looking back at my experience as a property management student at Virginia Tech just last year, I realize employers seeking new hires and interns keyed into something crucial when recruiting Generation Y workers--making us feel important. I was...