Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 70, No. 2, March-April

Big D in D.C.: Dallas Chapter No. 14 Masters the Moves to Meet with Washington Power Brokers
It's unclear whether Jimmy Stewart's "Mr. Smith" detoured through Dallas before landing in Washington, D.C., but the members of Chapter No. 14 have certainly followed his path to the Capitol. They have been successful in arranging many visits at the...
Call of Duty: Best Interests of Employers, Properties Require Loyalty
On the surface, Article 4 of the ARM Code of Professional Ethics--duty to employers and former employers--appears to be a matter of simple common sense. In practice, however, many members fail to adhere to this creed in the performance of their management...
Commit to Serious Savings: CAFM Systems Achieve Cost Control through Improved Lease Management and Heightened Expense Analysis
How can managers harness costs across a portfolio? Developing and launching a computer-assisted facilities management (CAFM) system is a monumental task that requires commitment and cooperation from all levels of an organization. But when executed...
Easy Access: Bringing in Broadband over Power Lines Is a New Solution for Managers Looking to Add Value for Their Tenants
Rudin Management Co., Inc., knows there's no room for complacency when managing properties at addresses like 3 Times Square, 345 Park Avenue, 55 Broad Street and 415 Madison Avenue. That's why the firm is among the first commercial users to look at...
Ex-Pat: A Native Puerto Rican Is a Big Hit in His Adopted Hometown of St. Louis
When Exbar Arias, CPM, enrolled in a real estate course while completing his undergraduate work at St. Louis University, he had no idea he was about to be wowed. The class sparked a curiosity within Arias and after college, while he was learning the...
Future Tweak: Point Solutions Integrate Data to Generate Business Intelligence
In today's business milieu, managers have become dissatisfied with solutions that only focus on historical data. They want to know more about the future of their organizations and how to make key business decisions today to positively influence the...
IGI, AMO, Is A-OK
In January, the Institute approved its first AMO Firm in Puerto Rico, Interservice Group, Inc. (IGI), led by executive CPM Fernando Marquez. Incorporated in 1981 by a group of real estate professionals with Marquez at the helm, IGI manages an investment...
Lease Up: A One-Size-Fits-All Solution Has Yet to Emerge, but Leasing Automation Software Is Making Inroads at Larger Firms
Scenario No. 1: Customer Relationship Management You receive a tenant call from a large retail firm. The office manager requests a copy of moving rules and procedures for their 5,000-sq. ft. space. You check the lease expiration; yes, it expires...
Location, Bandwidth, Location: Rudin's Tech Guru Shares His Insights on the "Smart" Amenities of Today and Infrastructures of Tomorrow
John J. Gilbert, III, is executive vice president and chief operating officer at Rudin Management Company, one of New York City's largest privately owned real estate groups. He served as chief technology officer for the company's New York Information...
Make Technology Give You Its All
This month's Journal of Property Management reports results from an important survey focusing on how, and to what extent, technology is being used by real estate management professionals. As we look at the findings, we should ask: are we getting all...
Multimedia Metropolis: Asia's Cyberport IT Hub Draws Digital Entertainment Industry Talent from around the Globe
There's a new port of call in the South China Sea and it's designed to attract a generation that trades in digital entertainment. Cyberport--Hong Kong's information technology flagship--is a landmark $2 billion mixed-use development with an interactive...
Pump Up the Value: Good Managers Use Training and Experience to Create Value for Owners
Do well-trained property managers add value to a portfolio? Does good management translate into value? Of course it does, right? Why would we be CPMs, Candidates and ARMs if we did not believe our training and experience added value? But, do property...
"Soft" Sell: Protect Properties and Data with Well-Crafted, No-Nonsense Software Agreements
When contemplating a change in software applications, it is essential to analyze all potential business and operational challenges and develop a clear understanding of needs and expectations about the software, as well as a precise company-wide deployment...
Technorama: JPM's New Survey Sheds Light on How Property Managers Use Technology to Attract and Communicate with Tenants
Are you an early adopter or a technophobe? Here's your chance to compare how wired your buildings are in today's market, benchmark your use of high-tech communication gadgets and find out how much other property management companies budget for technology...
The Face of Technology 2010: Recent Survey Findings Give a Glimpse into the Future and Raise Questions for Managers and Owners
In 2010, there will be a consolidation of software providers, real estate technology will be provided predominantly by outsourcing and there will be an increased focus by real estate and infrastructure leaders on technology investment. These and other...
The Future's So Bright: The Northeast Sectors Are All over the Board, but Many Signs Point to Healthy Markets on the Horizon
Boston: Mass Confusion The Red Sox may have reversed their 86-year curse last year, but the city's real estate markets are still under a spell. According to a recent CB Richard Ellis/Whittier Partners office market report reflecting third quarter...
The New Buzz: Owners and Managers Enjoy a Host of Technology Offerings That Aim to Attract and Retain Tenants
Exciting new technologies that broaden communications options, improve productivity and comfort, heighten safety and security and provide innovative conveniences are powerful incentives building owners and managers can offer to attract tenants and...
True Value: Technology Investments Build a Foundation for Managers to Streamline Operations and Efficiency
The use and deployment of capital are critical decisions within real estate companies. Until recently, many firms were slow to invest in back-office technologies such as property and lease accounting software, accounts payable systems and financial...
Ups and Downs: New Elevator Laws in Some States Are Improving Safety at the Expense of the Property Owner
A new series of state elevator laws affecting inspections and fire operation access keys will have a significant impact on property managers and owners. Elevator Inspections The regulatory duty to inspect elevators has been handled by state and...
Wire-Tapped: A Guide to Wireless Amenities for Owners and Managers Seeking a Competitive Edge
Wireless technology has become an integral part of our lives. In one form or another, property managers, owners and tenants use wireless tools every day to communicate, control, adjust, synchronize, monitor, inform and protect. As a result, owners...
Work Smarter: An Insider's Guide to the Latest Smart Phone Features with a Comparison of the Three Big Players
What's smarter than a fancy new PDA or a cool cell phone? Both devices merged into one! Welcome to the world of convergence devices. For the last few years, this exciting sector of technology has held out the promise of small, multifunction devices...