Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 66, No. 4, July/August

Adopting Sensible Solutions for an Eco-Friendly Environment
In the early '90s, it was easy to keep track of environmental issues related to the property management industry. There were only a few on the radar screen: asbestos, mercury in fluorescent lighting, underground oil tanks and Legionnaire's Disease. Today,...
A Toxic Threat: Preventing Investment Dollars from Molding Away
Legal When Erin Brockovich of eponym mous movie fame testified before the California Legislature last spring about her most recent toxic investigation, it was personal: In investigating why she and her family had been feeling sick since moving into their...
Bury the Estate Tax without Killing off Basis Adjustments
[Caveat: The following note was written by the author prior to the Economic Growth and Tax Relief Reconciliation Act of 2001, signed into law by the President on June 7, 2001. In that Act, Congress repealed the stepped-up basis rules, in part (as noted...
Designs on Reducing Crime
With crime rates climbing in both cities and suburbs, designing a concept to reduce such incidents in residential communities is more important than ever. Crime-reducing practices should be adopted in the beginning stages of development through community...
Don't Be Left in the Dark: Prepare Now for Power Blackouts
As the threat of power blackouts rolls across the nation, property managers may be lulled into a false sense of security by the presence of a backup generator or industrial-strength batteries designed to supply electricty during a sudden loss of power...
Employees Find Grass Is Greener at Rejuvenated GE Site
In the competition for employees, Corporate America is piling on the perks. On-site day care, time-out cafes and lounges, concierge and personal errand services, work-out facilities, and corporate luxury cars are just a few ways employers are trying...
Get Growing with Sustainable Landscaping
In the name of environmental correctness, landscapes are becoming casualties. "Natural is better" has become a common anthem, while xeriscaping and native plantings are the fashion trends. To conserve water, reduce pesticide use and lower costs, many...
Getting Lean and Green: Taking the Eco-Challenge
Taking the eco-Challenge Real estate professionals are getting serious about being lean and green. Escalating costs and decreasing availability of natural resources, growing public awareness of environmental issues, new building code standards, more...
House Holds Banking Proposal Hearing
On May 2, Federal Reserve Board governor Laurence Meyer spoke to the House of Representatives Subcommittee on Financial Institutions and Consumer Credit, opening the debate in Congress about whether banks should be allowed to enter into real estate and...
IREM Members Head for the Hill
[Note: Today's legislative environment is fraught with a myriad of issues affecting the real estate management industry. More than ever, industry professionals must pull together and engage in grassroots activism, in order to ensure that legislation...
Jeepers! Keep out Office Creepers with Improved Security
When it comes to technology, today's business professional is definitely thinking small. Compact and convenient, equipment such as laptop computers, cell phones and hand-held personal digital assistants are becoming more popular in work areas as business...
President's Letter: Today's Energy Crisis: A Crude Awakening
Californians are paying 700 percent more for electricity this year than they did last year. Consumers are saying goodbye to their thirsty SUVs as gas pumps register prices of between $243 a gallon. Power-dependent businesses are bracing themselves for...
Property Contamination Culprits: It's Enough to Make You Sick!
In today's complex real estate environment, the job of property manager comes with big responsibilities and a lot of work. You have to appease multiple tenants and keep vacancy rates low, all the while protecting the interests of the owner. Yet, too...
Radio Frequency Safety Concerns on Building Rooftops
Rooftop antennas seem to be the norm these days. Those fortunate enough to own a building in the right location can generate a considerable amount of revenue from leasing the space to wireless systems operators and other types of communications services...
Real Estate Industry Cleans Up with Brownfields Legislation
The impact of environmental legislation passed in the 1970s and early 1980s began impacting commercial real estate in the latter portion of the 1980s throughout the 1990s. For property owners and managers, concerns about tenant operations and activities,...
Submetering Quenches Thirst for Cost-Saving Measures
Thirsty for cost-saving conservation measures, commonsense solutions such as submetering systems may well be the wave of the not-too-distant future for real estate owners and managers. The question is how to ride that wave without drowning in its inherent...
Today's Tech Strategy? Integrate, Integrate, Integrate
Real estate executives today have worldwide concerns, pressure to reduce staff and increasing demands to implement solutions faster with a broadening array of complex options at their disposal. Thankfully, real estate managers today have technological...
Valuing Energy Information in Property Management
Part III. Energy Information for the Competitive Advantage An integrated and well-managed system of energy data acquisition and reporting, informational applications, continuing cost administration and on-site generation capability offers the investment...
What Lies beneath? How ESAs Can Dig Up the Dirt
As pressure for a responsible environmental policy increases from local grassroots organizations to the federal government, even greater demands are being placed on property managers and real estate companies as they look to develop sites and construct...