Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 65, No. 1, January/February

Contingency Planning for HVAC Systems
That would be lost if a building's heating, ventilation, and air-conditioning (HVAC) system were to break down for a lengthy period? Tenants, revenue, or even life! HVAC and electrical power systems are such an integral part of our everyday life that...
Deciding to Outsource Information Technology
Traditionally, all kind of businesses have outsourced specific non-core activities to thirdparty providers to leverage additional expertise, decrease long-range costs, or increase internal efficiencies. By allowing a provider to handle all or some of...
Demographic Change and the Effect on Housing Markets and Regional Development
America is undergoing a demographic revolution whose ramifications will be every bit as significant as the movement from the farms to the cities that took place a century ago. The relatively new and ongoing demographic division will be focused around...
Growing Green
Green buildings-they've been talked about for years, debated, even rejected, but has the time now come to embrace them? Leaders of green technologies are saying the concept is no longer an oddity, and skeptics in the real estate industry may be ready...
Interview: Making Mixed Income Work
When the troubled Chicago Housing Authority (CHA) partnered with the Habitat Company to create a residential community that married higher end condominiums with homes for public housing residents, the plan seemed a vision for the future. However, making...
Legislative Update
LARGEST ADA AWARD EVER In November 1999, a Wisconsin jury awarded $13 million in punitive damages to a plaintiff who had been discriminated against based on his disability-mental retardation. The suit, brought by the Equal Employment Opportunity Commission,...
Living Smarter: Better Communities for the New Millennium
When it comes to growth, there's one area of agreement: at least in the short run, growth is inevitable. The population of the planet increases by a person a second; in California by a person a minute, says the Urban Land Institute's Vice President-Programs...
More of the Same.We Hope! 2000
How boring-more prosperity, stable occupancies, rising rents; that is what 2000 looks like to most real estate experts. "We're still in a sweet spot in the economy. I've been optimistic for a decade, and I still see reason for optimism. Yet the risk...
Optimistic but Cautious
During November 1999, the Institute of Real Estate Management's Regional Vice Presidents (RVPs) met to discuss issues affecting the real estate management industry in their regions and nationwide. (Note that all RVPs are CERTIFIED PROPERTY MANAGERS(R).)...
Out of Many, One
Individual participation is the heart of any voluntary organization. Whether we are raising money for our favorite charity or giving up our Saturdays to coach Little League, our willingness to spend time and energy on a project shows our commitment to...
Quick Answers to Payback
Since 1991, the U.S. Environmental Protection Agency (EPA) has offered technical assistance programs aimed at making this country's buildings more energy-efficient. Building on the success of these programs, the EPA has recently shifted its emphasis...
Renovation Management for Aging CIDs
Like fine wine, many of the improvements owned in common by common interest developments (CID) have grown better with age. Unfortunately, some townhomes, condominiums, cooperatives, and association properties have not aged quite so gracefully. The effects...
Software 2000
Choosing Systems for the Next Century Real estate has traditionally lagged behind most other industries when it comes to employing the latest software technologies. In a 32-bit world, many property managers continue toiling away on 8-bit programs desperately...
The Red Carpet Treatment
What images do the words "Service" call to mind? Waiters handing icy drinks from silver trays; a helping hand to carry that heavy package or run that errand, or a welcoming staff that meets your every need instantly, even before you ask? This sort of...
Water, Water, Everywhere
As Hurricane Floyd moved toward the Carolina coast in mid-September of 1999, Rick Allen, CPM, director of property management for Harris Brown Management Company's Florence, South Carolina office, was not unduly worried. True, the company bad a 44-unit...
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