Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 62, No. 2, March/April

A Closer Look at Your Appliances
When shopping around for an apartment or condominium, prospective residents are likely to consider three important features: location, size, and appliances. Although little can be done about size and location, you can sometimes make up for shortcomings...
Are You a Coach or a Counselor?
In helping employees realize their greatest potential and productivity, you, the manager, must understand how people learn. Managers need to set a climate for learning, first by understanding what the learning process is, and second, by understanding...
Beyond Compliance: Environmental Risk Assessments at Industrial Properties
Environmental Risk Assessments at Industrial Properties A manufacturer continuously operated a machine to punch holes in sheet metal. A portion of the machine was located beneath the floor. For more than 20 years, lubricating oil from the machine's moving...
Brand Marketing Apartments
An apartment by any other name.... What's in a name? Or, more to the point, what's in a brand name? A whole lot, if you talk to some of the first apartment owners and managers to recognize that marketing apartments as a "brand" can have a positive effect...
Cutting the Red Tape of Environmental Compliance
Like it or not, complying with environmental regulations is both a legal necessity and a market-driven need for most property managers. Whether it is handing out lead-paint disclosure pamphlets to prospective residents or fielding calls about "that funny...
Cyber Malling: A Retail Death Sentence?
"[Online shopping] is a black rainbow, a negative miracle. It benefits tenants disproportionately to the landlord. It changes the geocentric pattern of shopping. " -Mark Borsuk Virtual retail outlets are popping up all over cyberspace. Companies like...
Finding Green in Those Brown Fields
Bownfields properties are emerging as a significant development and revelopment opportunity for owners, managers, and developers of industrial and commercial real estate. By removing some barriers to the reuse of environmentally suspect land, the EPA's...
Get the Better of Workers Compensation
Workers compensation costs have continued to grow for many property managers in the 1990s. Fortunately, the workers compensation insurance marketplace has done an "about face" in many states and now offers a number of cost-reduction opportunities for...
Is Your Locksmith a "Scamsmith"? Pssst! "Wanna Buy a Key?"
In today's climate of seemingly endless legal liability, it is unconscionable to think that anyone would subject themselves to obvious and large-scale liability exposures by his or her most basic actions. To our amazement, this is exactly what is happening...
It's Still Real Estate First
Brownfield redevelopment is creating a lot of excitement, as environmental consultants and real estate companies scramble for deals. But, cautions William V. Trefethen, senior vice president of Koll Capital Markets, sound real estate decisions should...
Selecting Software
The On-site Manager's Role Successful on-site property management depends, to a great extent, on exceptional information management. Using computer software is a necessity for the property management team that wants to stay competitive. However, the...
Springtime in L.A
SPRINGTIME IN L.A. by Marilyn Mears, CPM Way down here in L.A. (Lower Alabama), spring slips in with collective anticipation by the locals. By March, the air off Mobile Bay is warm with the sweet promise of honeysuckle and magnolia. The Gulf beckons...
Submetering: Reducing Costs to a Trickle
Water submetering is booming. New construction, water shortages, and rising water prices are driving this trend. Besides its environmental value, water submetering makes good business sense. Submetering started in Florida, a state with serious water...
Using Key Control
Simple, well-enforced key control policies are an important element In maitaining security at multifamily properties. In their recent book Spotligt on Security for Real Estate Managers, published by the Institute of Real Estate Management, authors Lawrence...
Water Conservation Issues to Watch
The management of water resources-particularly In the realm of water conservation-has seen a number of recent developments that land owners and property managers should be monitoring. * Reducing Wastewater. The U.S. Environmental Protection Agency (EPA)...
Weighing the Costs of IAQ
Every real estate manager works hard to create a quality building environment that meets tenants' needs. Whether it is how fast a maintenance request is processed or how cool the office is on an August afternoon, managers know that a satisfied tenant...