Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 69, No. 5, July/August

Boston's Signature Skyscraper
Famous PropertiesBoston's Old John Hancock Tower, an art deco structure notable for its rooftop weather beacon that changes color with the forecast, has been a reflection of the past for almost 30 years, mirrored in the glass surface of its 62-story...
Career Moves
* Crosland, Inc., AMO, one of the Southeast's leading real estate companies, has recruited Adam Ford as vice president of operations for the company's apartments division. Crosland created this new position specifically to allow division executives more...
Carolina Comeback
Multifamily and office net absorption rebound in the Queen CityWhen the NBA's newest franchise, the Charlotte Bobcats, takes the court this fall, its local fan base will undoubtedly be hoping for a swift rise to the top of the standings. Given recent...
Check List
Criminal background checks are helpful but be mindful of associated risksThe increased availability of information via the Internet has spawned an industry devoted to providing credit, criminal and rental histories to landlords. Criminal background checks,...
Clear Path
Task force members discuss the philosophy and decisions behind the CPM and ARM program modificationsThe IREM Membership Admissions Task Force met throughout 2003, soliciting and considering member input and recommending changes to enhance the CPM and...
Darkness Falls
Lessons learned and continuing concerns about the power grid, back-up generation and emergency planning and communication during outages by Karen HalmThe nation's largest blackout still looms in the memories of many East Coast residents as its anniversary...
Ethics & Discipline Committee
* The Board of Ethical Inquiry took the following actions:1. Reviewed one new case involving a pending ARM Member. Further investigation will follow.2. Discussed three pending cases: one involving a former CPM Member applying for reinstatement, which...
Get Your Money's Worth
Are you getting your moneys worth out of IREM?One of the greatest, if not the greatest, values of being part of IREM is networking with other members. How much of it do you do?The people you connect with at IREM events-local, regional and national-confront...
I'm in Charge Now?
Understanding your role as a leader will benefit both you and your employeesAfter spending time secretly criticizing every decision by your manager, aspiring to be one yourself, finally, you are promoted and anxious to step into your new role as "head...
IREM Policy and Legislative Activity
DEPRECIATIONISSUE: The Economic Recovery Tax Act of 1981 created a depreciable life of 15 years for all real property placed in service after December 31, 1980. The 1993 tax act changed depreciable life for a nonresidential building placed in service...
Landing the Deals
* Divaris Real Estate, Inc., which comprises Divaris Property Management Corp., AMO, has signed new leases with several companies, including Dermalogica, Inc., a division of The Dermal Group, in Irvine, Calif.; MetAmerica Mortgage Bankers, Inc., a financial...
Leadership and Legislative Summit Highlights
Elections* The Governing Council elected Frederick W. Prassas, CPM, of LaCrosse, Wisc., president-elect for the remainder of the 2004 term. This vacancy was created when Tony Smith moved into the office of president upon the resignation of David Lane.*...
Light the Way
Lighting audits not only improve a building's operating efficiency, but recent reports show positive health effects for tenants and growth in retail salesby William and Patti FeldmanWhat you don't know can hurt your bottom line. Many facilities squander...
Marketsolutions: Focus: HVAC
It's a GasSunStar Heating Products, Inc., has expanded its line of vent-free radiant gas room heaters with the introduction of a new 10,000 BTU/hr. heater, designed for use in bedrooms. Available in either a natural gas or liquid propane model, the plaque-style,...
Mexican Evolution
International trade and professional recognition spark a hot marketZero to 60 in 10 years! In the past 10 years, commercial property management in Mexico has evolved from individual companies taking care of their own space, usually within condominium...
Power Profits
Enterprise energy management software provides data to minimize consumption, improve reliability and reduce overhead by John Van GorpRisk, in terms of energy cost, quality and reliability continues to be a primary concern for industrial and commercial...
Rebate Debate
Discounts, rebates and payable fees must be disclosedHomeowners association management demands specific disclosure of any monetary benefits that could create a conflict of interest between the CPM Member and/or AMO firm.Michael and his AMO firm's practice...
Strange Bedfellows
Pairing IT and engineering to improve building systems is not as farfetched as one might suspectIn information technology (IT), trends regarding the collective efforts of workplace teams are welldocumented. In the 1990s, IT groups teamed with accounting...
Where Were You When the Lights Went Out?
Last summer's blackout was a lesson managers should be prepared for power failuresMany New Yorkers know exactly where they were on August 14, 2003 when the entire city was plunged into darkness due to a massive power outage that impacted millions of...