Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 63, No. 2, March/April

Assets or Stocks?
If ever there was an opportunity to say, "...if I had only...," or perhaps your favorite is, "woud coulda, should," it is after you have sold or merged your business. If I could have done anything differently when I merged my company with a development...
Back to School
If the right education can help you sharpened your skills, returning to school also offers employment opportunities-in the development and management of student housing. "The children of the Baby Boom are going to college, and universities are projecting...
Effortless Beauty
smaller scale. The tree rarely exceeds 30 feet high and is often broader than it is tall with multiple trunks and a smooth bark. The tight-fitting bark in conjunction with fluted or corded branches evokes well-muscled human limbs, giving the tree its...
Getting Tenants to Accept CAM Charges
Early in my property management career, I had a coworker who was almost always able to turn the sourest lemons into lemonade. One day, I asked her the secret to solving problems. I was amazed that to my seemingly complex question, she gave a very simple...
Going Global-Forming a Community of Managers
We have all heard the old adage-Location, location, location. Physical location is still important to a property's success, but today, that location could be on Main Street, on Grzybowska Street in Warsaw or Orchard Road in Singapore. Real estate in...
Hope for the Future
When Atlanta's Techwood Homes were inaugurated by Franklin D. Roosevelt more than 60 years ago, they represented hope for families struggling with the Great Depression. But one-half century later, Techwood and Clark Howell Homes were just one more symbol...
Interview: Succeeding in Public
As real estate companies rush to gain access to public capital, Edward Hess, worldwide managing director of real estate corporate finance for Arthur Andersen, offers a few words of advice. JPM: What fundamental changes will real estate companies have...
Learning to Lead
If the skills needed for real estate management seem to be evolving, there is one quality that is always in demandstrong leadership. It takes many skills and qualities to make a great company-customer service, employee loyalty, innovation, and sound...
Privatization of Public Housing
For property management companies, the public housing arena represents the single biggest opportunity for new business," says Bill Higgins, CPM(R), a consultant on privatization to several major public housing authorities. "If you can get on board with...
Repackaging Your Skills
Contemplating a job change, or having one contemplated for you? Now could be the time to seize some of the new opportunities emerging for real estate managers. With unemployment at its lowest level in 20 years, good property managers are in demand. New...
Retaining Staff
Every era has its own buzzwords to communicate the hottest concept of the day. In the corporate America of the '90s, words like "restructuring," "downsizing," "consolidating," and "reorganizing" bring fear and insecurity to employees as quickly as rumors...
Suite Life
Managing Corporate Apartments Have you considered expanding your apartment community's operation to include corporate housing? You can join the many property management companies nationwide that have found opportunities for profit in extended-stay housing....
The Taxpayer Relief Act of 1997: Its Impact on REITs
Real estate investment trusts (REITs) are essentially the real estate equivalent of mutual funds in that they allow individuals and institutions an effective way to invest in a diverse pool of real estate assets. Since 1991, the REIT industry has grown...
Winning Applause
Today, collecting satisfied customers has become as important as collecting rents. Building owners, asset managers, and property managers throughout the real estate industry have recognized the value of measuring and benchmarking the level of tenant...
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