Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 77, No. 3, May/June

A Big Thank You
I'm writing this note 36,000 feet in the air on the way to meet with our members in Korea Chapter No. 112.With a little bit of altitude and a bird's eye view of my first quarter as President, I can't help but reflect upon all of the trips, meetings,...
A Community Home
The residents of Winter Park, Fla., rallied around Casa Feliz to preserve a historic gemPreserving history comes in many forms. To ensure the survival of Casa Feliz, a historic home museum in Winter Park, Fla,, the community stepped up and took action....
A New BEGINNING
Bridge Communities, a dynamic, grassroots, non-profit organization, is committed to transforming the lives of homeless families in DuPage County, 111. through partnering with groups within the community.He was particularly moved by the plight of the...
Bouyancy in BOISE
Idaho's unlimited recreation, low cost of living, highly educated workforce and untouched consumer market are drawing people and businesses to the area, particularly the state capital."Boise is an interesting town," said Mike Attiani, CPM, director of...
Condominiums in Poland: A Transitioning Housing Market Creates Challenges and Opportunities
It has been 23 years since the collapse of the Soviet Union and the other communist regimes in Eastern Europe, marking Poland's movement from state -controlled communism toward market capitalism. With the change to a free market economy, housing stock...
Contractual Duties
*An AMO Firm shall perform its contractual duties and maintain company, property, and client records in accordance withal applicable regulatory guidelines, contractual obligations, client objectives and company policies. It shall not act beyond its contractual...
Creative Enhancements and Upgrades: Lessons Learned in Provence, France and Las Vegas
Long before ROI became the mainstream media's buzzword du jour, it was the acronym that real estate owners and operators used to determine whether an investment-related decision was a go or a no-go. In crafting a management plan to fit a particular property...
Diversity Delivers
FOUR TIPS FOR EMBRACING DIFFERENCESHYPOTHESES ABOUND ABOUT HOW MUCH WE COULD ACCOMPLISH IF CLONING WAS POSSIBLE-YET, IT DOESN'T SOUND APPEALING TO ME. ONE: I'M MORE PRODUCTIVE AND CREATIVE WHEN I WORK WITH OTHERS. AND TWO: HOW BORING!It's crucial to...
Elevated Concern
Earlier in the year, a woman found herself stuck in the elevator of a building on the campus of Cal State University Long Beach. She tried to wawl out to the third floor when the elevator, weighing over 2,000 lbs., moved, crushing her and killing her...
Face-Off
ONE QUESTION, TWO MEMBERS"TELECOMMUTING. DO YOU AGREE WITH IT? DOES YOUR COMPANY AGREE WITH IT?LAWRENCE W. BAIAMONTE, CPMEMERITUSSENIOR INVESTMENT PROFESSIONALREAL ESTATE INVESTMENTDEPARTMENTNATIONWIDE INSURANCEGAHANNA, OHIOyesAbsolutely. In the Real...
Gadgets
Are you so busy that you spend more time taking care of client's properties than you do taking care of yourself? Since it's the summer issue of JPM®, I'd like to devote this column to some tools that can assist you in staying healthy and productive.Wither...
Generation Y: Entrepreneur
ONLY 7 PERCENT OF GEN Y WORKS FOR FORTUNE 500 COMPAN ES BECAUSE STARTUPS CURRENTLY DOMINATE THE WORKFORCE FOR THIS DEMOGRAPHIC.Gen Y is blurring the lines between business and pleasure through social media, according to a study released in January by...
Hundreds of Cpm and Ccim Institute Members Gather Forces in Washington, D.C
IREM SUPPORTS VARIOUS LEGISLATIVE AND REGULATORY CHANGES THAT WOULD SPUR MORE LIQUIDITY IN COMMERCIAL MORTGAGE MARKETS AS WELL AS PROMOTE A SOUND PLATFORM FOR REAL ESTATE BUSINESS PRACTICES.BY IREM LEGISLATIVE STAFFOn April 18, 2012 IREM celebrated its...
In Broad Daylight
Let a little light into your cleaning program In many property types, there is a forgotten group of part-time occupants. Stealthily coming and going from the building, paying no rent and quietly going about their business, the janitorial staff can seem...
Irem Foundation Helps Students Grow
The Paul H, Rittle, Sr, Memorial Scholarship, created in the late 1970s, was the beginning of a nondiscriminatory process which has helped a large group of beneficiaries. Today, the IREM Foundation has four scholarships in place to provide financial...
Medical Marijuana: A Dilemma for Commercial Owners
Medical marijuana is a tricky issue to some commercial property owners, in states where possession and dispensing of the product is permitted. It has always been notoriously easy to cultivate and process small amounts of marijuana for personal use while...
Power It Up with the Personal Ask
It's a Nightmare Come True:Your association board meeting is a bust. Halfway through the meeting you realize that things are definitely going downhill and your company's shining light is diminishing by the minute. People you thought would show up didn't....
Snapshot
CORPORATE HEADQUARTERSDallasEXECUTIVE CPMScott Wilder, CPMNUMBER OF EMPLOYEES5,000COMPANY WEBSITEhttp://lincolnapts.comFOLLOWING IS AN EXCLUSIVE INTERVIEW WITH SCOTT WILDER, CPM, EXECUTIVE CPM OF THE RESIDENTIAL DIVISION OF LINCOLN PROPERTY COMPANY,...
The New Senior Housing Market
Senior housing communities expand campuses and services to accommodate changing market and anticipated demands of future Boomer residents.The aging Baby Boomer population may be exploding, but new senior housing developments are not.The economic downturn...
Transformational Leadership in the New Age of Real Estate
[EXCERPT]CHAPTER 6: TRANSFORMATIONAL LEADERSHIPToday, the real estate industry searches for talent while seeking to retain outstanding leaders and next-generation stars. The failure to attract leaders in the 1990s is now an industry crisis. It is not...
Unwanted Neighbors
KEEPING CONDOMINIUM TRANSFER RIGHTS IN YOUR FAVORAMENDING YOUR CONDOMINIUM DECLARATION CAN MAKE THE DIFFERENCE BETWEEN A CONTINUED LIVABLE ENVIRONMENT AND ONE IN WHICH THE NEW NEIGHBORS DECIDE IT'S A GOOD IDEA TO DISPLAY THEIR EXTENSIVE LAWN FLAMINGO...
What Would You Do?
We have all witnessed unfortunate situations where a reputation has been seriously, possibly irreparably damaged by a lapse of judgment. Sometimes this can occur just as easily from inaction as from action.Learning from the actions of others and the...