Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 68, No. 2, March-April

A Time of Transition: A New View of South Africa. (PassPort)
The Republic of South Africa is currently undergoing a transformation. Under the leadership of President Thabo Mbeki, who succeeded Nelson Mandela in 1994, the African National Congress (ANC) government is helping to create an investor-friendly environment...
Better Days Ahead: Cautious Optimism Characterizes Northern N.J. Market. (Metroscope)
New Jersey landlords hoped many employers would move from Manhattan to New Jersey following the September 11th terrorist attacks, yet, the migration never fully materialized, While Goldman Sachs is constructing an office tower in Jersey City, which...
Business Space Costs Shift. (Knowitall)
The U.S. office sector may take the better part of the decade to reach equilibrium, and business space costs will shift worldwide this year, according to the 2003 Global Real Estate Forecast, by real estate service firms Grubb & Ellis Company and...
Confessions of a Technophobe: Fessing Up to Technology Fears Is the First Step in Improving Performance. (New You)
I admit it. I'm a "technophobe." Several years ago, before I was educated about both backing-up files and ZIP drives, I lost an entire client database. Are You Afraid? First, it's okay to admit technology bothers or even scares you sometimes....
Demographics Drive Demand: Despite a Downturn, the Future of Rental Housing Is Particularly Favorable. (Feature)
[Editor's Note: The following article is based on research conducted by Lend Lease Real Estate Investments, Inc. The full report, Rental Housing Vitality, can be found at www.lendleaserei.com.] Despite the state of the economy and strong incentives...
Digital Denial? Real Estate Takes on Technology with Caution
There has been a lot of talk lately about how real estate lags other industries in adoption and integration of technology. If this is true, there may be several good reasons. First, real estate performs a basic function--to provide shelter for families...
Ease with Fees: Customer-Focused Payment Systems Pay off. (Legalease)
As the Internet revolution companies continue to transform the way they interact with customers. The use of automated payment systems is one example of new customer-focused Web strategies having a positive impact on companies' bottom lines. Automated...
EmeryTech: What's Old Is Renewed Again. (Knowitall)
EmeryTech proves what's old is new--and improved again. A premier mixed-use project in Emeryville, CA, the 224,000 square-foot EmeryTech was once home to a manufacturer of steel valves. Today, thanks to major renovation and upgrade work completed in...
Get Net Ready: When the Going Gets Tough, the Tough Improve Their Business Model. (from the Top)
Vacancies are up, rent growth is down, and the bottom line continues to sag in a business environment characterized by continued uncertainty and a prolonged bear market. While the real estate industry has been relatively free of red ink for the...
JPM[R] 2003 Q1 Survey
JPM[R] 2003 Q1 Survey Advanced American Computer Computer Solutions Group Software 1. General Ledger: Overall Interface...
Log on to Lease Up: The Multifamily Market Taps into Online Marketing Opportunities. (Spotlight)
It's 2003. Do you know where your prospects are? Chances are they're at home logging onto one of a large number of apartment leasing Web sites now available. In increasingly large numbers, consumers are shopping for apartments and discovering the best...
Making a Business Case for Technology: The Real Estate Industry Must Quantify the Value of Technology Investments
As the economic climate continues to lag, companies are taking an even closer look at their bottom lines and related operational efficiencies. Technology initiatives, whether a back-office financial accounting system or a Web-based property management...
Mobile Intentions: Increasingly, the Multifamily Market Is Working Wireless. (Spotlight)
Until recently, paperwork-driven industries like property management have been overly cautious when implementing new technology. Unreliable technology sources, prohibitive costs and retraining requirements have made widespread deployment sporadic....
Much Needed Relief: New Terrorism Risk Insurance Act Gives Owners a Boost. (Cover Your Assets)
When the Terrorism Risk Insurance Act became law last November, an estimated $15 billion in real estate transactions had been cancelled or put on hold because owners could not obtain the insurance protection they needed. When all is said and done,...
Nothing but.NET: Powering Up Integrated Web Services. (Spotlight)
Forget all those pie-in-the-sky promises of the Internet age gone wrong. Going increasingly right in real estate management these days are integrated Web-service solutions, specifically computer programs that can communicate with other programs through...
Operators Are Standing By: Call Centers Help Firms Improve Customer Service. (Neo Tech)
Many industries have used call centers as a tool to support and communicate with their customers, suppliers and, in some cases, business partners. But, historically, not all call center experiences yield positive results. There have been times when...
Real Estate in Real Time: The Industry Must Tackle Technology Integration and Standardization Issues
While the dust from the dot corn debacle has long since cleared, technology is still a strong driver of efficiency and growth in today's real estate companies. As customers and clients continue to look to the Web for convenience and detailed reporting,...
REIC Report: Beware Grower Tenants. (What's Up?)
An increasing problem in Canada during the last few years is the promulgation of "grow houses," homes rented for the sole purpose of growing marijuana. Since growing marijuana requires a lot of water, warm air and electricity, grower tenants typically...
Sign Me Up: New Ad Vehicles Capture Tenants' Attention. (Ductape)
Building owners today are looking for ways to create new revenue streams that add value to their bottom lines, create a more dynamic building environment and help with tenant retention. One common source of additional income is advertising. Recently,...
Strategize to Maximize: Consider Both Hard and Soft Factors When Evaluating Technology Investments. (Spotlight)
If you were told there was one key investment to make or one business practice to adopt that would virtually guarantee your property's success, both from the operational standpoint and from the tenant satisfaction perspective, chances are you would...