Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 62, No. 2, March-April

A Closer Look at Your Appliances
When shopping around for an apartment or condominium, prospective residents are likely to consider three important features: location, size, and appliances. Although little can be done about size and location, you can sometimes make up for shortcomings...
Beyond Compliance: Environmental Risk Assessments at Industrial Properties
A manufacturer continuously operated a machine to punch holes in sheet metal. A portion of the machine was located beneath the floor. For more than 20 years, lubricating oil from the machine's moving parts was released into surrounding soils. When nearby...
Brand Marketing Apartments
An apartment by any other name.... What's in a name? Or, more to the point, what's in a brand name? A whole lot, if you talk to some of the first apartment owners and managers to recognize that marketing apartments as a "brand" can have a positive effect...
Cutting the Red Tape of Environmental Compliance
Like it or not, complying with environmental regulations is both a legal necessity and a market-driven need for most property managers. Whether it is handing out lead-paint disclosure pamphlets to prospective residents or fielding calls about "that funny...
Cyber Malling: A Retail Death Sentence?
"[Online shopping] is a black rainbow, a negative miracle. It benefits tenants disproportionately to the landlord. It changes the geocentric pattern of shopping." - Mark Borsuk Virtual retail outlets are popping up all over cyberspace. Companies like...
Finding Green in Those Brown Fields
Brownfields properties are emerging as a significant development and redevelopment opportunity for owners, managers, and developers of industrial and commercial real estate. By removing some barriers to the reuse of environmentally suspect land, the...
Post-Audit Squabbling?
Tighten Your Expense Recovery Clauses Your largest tenant has just concluded an audit of escalatable expenses and is demanding a refund in excess of $100,000. Based on the wording in the lease-recovery provisions that you thought supported your calculation,...
Power Shopping: What Electricity Deregulation Will Mean to You
It was not very long ago that if one wanted to establish telephone service for a residence or a business in most of the United States, one simply contacted the local affiliate of AT&T. Only a single contact was necessary and all local service, long-distance...
Pssst! "Wanna Buy a Key?" (Assessment of Locksmith and Vendors of Keys)(includes Related Article on Key Control)
Is Your Locksmith a "Scamsmith"? In today's climate of seemingly endless legal liability, it is unconscionable to think that anyone would subject themselves to obvious and large-scale liability exposures by his or her most basic actions. To our amazement,...
Selecting Software: The On-Site Manager's Role
Successful on-site property management depends, to a great extent, on exceptional information management. Using computer software is a necessity for the property management team that wants to stay competitive. However, the purpose of computerization...
Submetering: Reducing Costs to a Trickle
Water submetering is booming. New construction, water shortages, and rising water prices are driving this trend. Besides its environmental value, water submetering makes good business sense. Submetering started in Florida, a state with serious water...