Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 70, No. 3, May/June

A Little Input Goes a Long Way
Your input guides the future direction of the Institute in more ways than you can imagine.Throughout 2004, a task force of IREM members convened to shape the future of the Institute's decision-making and governance activity. Our discussions reinforced...
Ante Up
Rent-to-own programs prove a creative resident retention strategy for apartment ownersWhile the apartment market appears to be inching toward recovery in some regions, pockets are still lagging behind with significant vacancy rates and depressed rental...
Basic Training
Keeping on-site workers up-to-date on the latest employment laws and risk management issuesWith 110 properties positioned throughout the New York City metropolitan area, Connecticut and New Jersey, building owner and manager Newmark Real Estate has its...
Board to Run
Expert counsel to conquer common pitfalls in homeowner association meetingsBoard meetings that last for hours without accomplishing anything, are disrupted by disgruntled owners, digress from the agenda and lack clear direction and purpose can become...
Get the Right People on Your Bus
Put together a winning team through adroitly screening new hiresA real estate firm advertised for an experienced senior property accountant. It filtered through 100 resumes, interviewed four prospects and met to discuss the final two candidates. Everyone...
Good Day Sunshine
The Southeast shows steady gains with standouts in Nashville and FloridaMaryland: Balti-MORE ImprovementsThe Baltimore office market vacancy rate rose slightly in the fourth quarter of last year to 13.9 percent, according to a CB Richard Ellis report....
Hands across the Water
A member shares his experiences developing a friendship agreement between Dallas Chapter No. 14 and IREM's Chilean members by Joe Summers, CPM, RPA, CCIMIn early December I found myself on a 9½hour flight to Santiago, on a mission from IREM Dallas Chapter...
Home, Sweet Home
New legislation, litigation and luxury options are redefining the realm of the homeowner association (HOA). Here's a look at trends affecting condominium markets and the HOAs that care for them.A Mad, Mad World of RestrictionsRead any local newspaper...
International Update
JapanIn February, President Tony Smith joined other IREM members from Chile, Spain and the United States at the IREM Japan Annual Conference in Tokyo. More than 200 attendees were on hand for the meeting, which was highlighted by:* Installation of four...
IREM, MHLI, NAA Partner in Military Privatization Certification Program
The Institute has joined forces with the Military Housing and Lodging Institute (MHLI) and the National Apartment Association (NAA) to offerthe Certified Defense Privatization Manager (CDPM) designation, a five-day certification program designed exclusively...
IREM's Leaders of Tomorrow: Built to Last
A Brazilian member has big goals for property management in his native landFrom the time he was 18 years old, property management has been the domain of Guilherme Ribeiro, CPM, one of the Institute's youngest CPM Members. He is involved with the development...
Keep Up
Ongoing instruction guides personnel away from legal snagsProperty managers are faced daily with the challenge of providing correct information to our on-site professionals. Two dominant issues we must focus on to guarantee a "legal action-free" work...
Landing the Deals
* Divaris Real Estate, Inc., which comprises Divaris Property Management, Inc., AMO, announced a number of recent deals:* Architectural and engineering design firm Hayes, Seay, Mattern & Mattern leased 16,919 square feet of office space in Roanoke,...
Market Solutions
Focus: SoftwareJust VisitingThe TEMPbadge Visitor Management system is quick, easy to use and includes everything needed for simple visitor control: TEMPbadge Visitor Software, a choice of thermal printers and 200 TIMEbadges that self-expire after a...
Meter Readers
Improve utility management and costs through new devices and enhanced reviewIf you've ever really looked at your home utility bills, you understand the complexity of rate structures. Obviously, property utility bills and utility management in general...
Open for Business
The emerging Russian market attracts both homegrown and foreign managersIn Russia, real estate management can certainly be termed a young industry. It is concentrated almost solely in the business centers of Moscow and St. Petersburg. Moscow accounts...
Power pLaY
Managers need never take energy bills at face value with online utility billing services and Software by William & Patti FeldmanWhen it comes to utility billing, monitoring and management, there are options aplenty to analyze and capitalize on data....
Special Needs Met
A NEW WISCONSIN DEVELOPMENT SHOWCASES THE DESIGN OF A DEAF SENIOR COMMUNITYImagine these retirement years:You live in a familiar community, but alone in a building populated with people who speak a foreign language. You can't speak meaningfully with...
The Burnishing of Atlanta
Famous PropertiesSmart growth shapes a mixed-use development on a former brownfields siteMidtown Atlanta seems destined to once again rise from seeming destruction to find new purpose. One of the first sections of the city to be rebuilt following the...
The Seven Deadly Provisions
Expert strategies to skillfully negotiate thorny retail and office leasesAre you ready to sit down and negotiate a great deal? Negotiations for retail and office space tend to focus primarily on the business or monetary terms of the lease-base rent,...
True Value
THE CASE FOR ANALYZING AND APPEALING REAL ESTATE TAXESWith the increasing disconnect and seeming dichotomy between market fundamentals and capitalization rates, real estate owners are not "only pressing revenue streams but also scrutinizing operating...
What Now?
Be mindful of tenant in common options and regulation specificsManagers have a vital stake in understanding the tenant in common (TIC) marketplace. A new opportunity opened when the IRS released Revenue Procedure 2002-22. This created a roadmap that,...

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