Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 63, No. 4, July-August

Aesop's Cables
IT IS BUT COMMON PRUDENCE TO SEE OUR WAY OUT BEFORE WE VENTURE IN - AESOP When Aesop began spinning his fables of Androclese and the lion and the grasshopper and the ant around 600 B.C., the newest entertainment medium was the scroll. When you were...
Apartments Bait for Litigation
I'll tell you my worst lawsuit story...if you'll tell me yours. It is no secret that we live in a litigious society. Colorado, a ranching state with only one major city, has more attorneys than Japan. And these lawyers must be familiar with the approximately...
Commercial Real Estate Update
In a roundtable discussion at the IREM Mid-Year Conference, some CPM[R] members shared their thoughts about key issues for commercial managers. Participants were: Anthony W. Smith, CPM[R], CCIM, president, Robinson Sigma Commercial Real Estate Inc, AMO[R],...
Creating a Safety Program
Your maintenance person works ten feet above the ground without being secured to a ladder, and you pay a $10,000 fine. Your groundskeeper hurts her back by incorrectly picking up a heavy shrub, and your workers compensation premium jumps by 20 percent...
Energy Efficiency in Multi-Tenant Buildings
A Income/Environmental Win-Win In an owner-occupied property, it is easy to generate compelling justifications for making energy-efficient improvements. The same party that pays the costs of the improvement enjoys the resulting savings and benefits....
Improving Listening Skills
What does it take to be a great communicator? Most business people would cite such factors as the skill to explain things clearly, the ability to inspire others, or a strong delivery to hold listeners' attention. Only the savviest would include listening...
Property Managers with Foreign Investor Clients (What You Should Know)
Unless a tax treaty exists between the U.S. and a specific country, foreign owners, including estates, corporations, nonresident aliens, and partnerships, pay a flat 30 percent withholding tax on the rents produced by their U.S. real estate investments....
Security Personnel
Although the incidence of many types of crime has decreased in recent years, the potential liability costs, not to mention the negative publicity, still provides ample reason for real estate owners and managers to worry about security. And in many cases,...
Testing Your Building's IQ
The term "smart building" has been batted around for more than a decade as if you could give a building some kind of "I.Q." test, and the building with the highest test score would be declared the best and move to the head of the leasing class. A decade...
The Waterborne Coating Revolution
Despite less stringent requirements in federal clean air guidelines and volatile organic compound (VOC) reduction levels, continued research and product development by paint and coating manufacturers has produced new generations of waterborne coatings...
Tort Reforms & Legal Trends
Breaches of tenant security threaten the financial stability of properties by damaging their reputations for safety and by opening the door to major liability lawsuits. Legal battle lines have been drawn in recent years over the issue of whether landlords...
Understanding Retailers
It has been a long, grueling day on the property management firing line. Your anchor tenant has just run an ad in the local newspaper advertising a radio remote in your parking lot - that he never asked you about. A coffee cart has mysteriously appeared...
Using GIS to Improve Estimates of Future Demand
Asset managers are often called upon by clients to perform market analysis relating to the effects of future competition from new construction or to forecast future demand for proposed new construction. Clients request these types of information because...
Y2000: Will It Compute?
Will the computer technology that has become so integral a part of our society vanish, like Cinderellas coach, at the stroke of midnight on December 31, 19997 Probably not. But at least a few microprocessors are likely to be about as useful as pumpkins,...