Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 67, No. 1, January/February

10 Reasons Why You Shouldn't Downsize
MANAGEMENT The media regularly report stories of corporationsboth large and small-downsizing their staff. While it's true that downsizing may provide a decrease in operating expenses for the company in the near term, the long-term impact may not be so...
A Balanced Approach to Data Reliability
While a balance sheet is the best way to gauge a company's financial strength and vulnerability, few know the best way to size up a firm's data center reliability. Assessing reliability becomes even more critical to the bottom line during a real estate...
Avoiding Costly E-Mail Disasters
With an estimated 1.3 trillion e-mail messages being sent annually, electronic mail is quickly becoming the communications medium of choice in many business settings. While e-mail transmissions do offer many benefits, such as speed, ease of use, and...
Choppy Waters Ahead as Industry Sails Sea of Uncertainty
For the first time in nearly a decade, today's real estate industry is sailing a sea of uncertainty as it prepares to weather an economic storm. The last time the real estate market saw anything like this was in the early '90s when a business cycle recession...
Drowning in Insurnace Costs?
Building owners and managers were already facing soaring insurance costs before the September 11 terrorist attacks in New York and Washington, D.C. Afterward, the estimation of future costs for terrorism insurance was so daunting, it became necessary...
Energize Your Team in Time of Crisis
Employees across the country, from New York to Los Angeles, are still in a state of disbelief after last year's September 11th terrorist attacks and the resulting economic recession. The signs are obvious: wide, hollow stares, the inability to concentrate,...
Fire Safety
September 11 was beyond the scope of any building code or imagined fire protection scheme. But it taught a lesson that can be applied to common situations. How safe is your building? When discussing fire safety, most people can't provide a solid answer....
IREM Sets Policies on Key Real Estate Issues
(Editor's Note: Since the tragic events of September 11, 2001, a number of important real estate- related issues have emerged, including those relating to terrorism readiness and terrorism insurance. During its Education Conference last November, IREM...
Manufactured Communities Take Recession in Stride
Mature, stable manufactured home communities (formerly known as mobile home parks) are taking today's current recessionary times in stride. Industry studies completed last fall document national physical occupancy holding steady at 93-94 percent; the...
"New and Anxious Age" Requires Different Model
As the real estate industry has grown and matured, assessing risk has become more of a science than an art. Sophisticated risk-measurement tools have helped investors and lenders to better assess the risks of prospective acquisitions or financing transactions...
On the Road to Recovery: Managers Prepare to Hunker Down
Whether you are an optimist about the current recession and believe that Recovery is Due in Late 20-02", or a pessimist who maintains that The Industry Wont Thrive Till 2005, one fact remains certain. However long the wait for the economy to turn, now...
Planning for Disaster: Developing Emergency Procedures
Bio-chemical warfare. Anthrax. Cyber terrorism. In post-September 11 America, these dangers have become familiar to us. As property management professionals, we must now focus seriously on our security systems in order to protect our tenants, employees...
President's Letter: Make Every Moment Count: The Power of One
This year, we will embark on the road to both an economic and emotional recovery from the dramatic events of 2001. In the months following the September 11 attacks, many of us have paused to take a good look at ourselves, our priorities and our businesses....
Protecting Residential Properties from Home Business Nuisances
Many real estate professionals have seen in their markets the rising numbers of home-based for-profit enterprises. A leading trade group for such entrepreneurs, the American Association of Home-Based Businesses, estimates that the growing number of operations...
Technology Helps Industry Develop Security Solutions
Like all other industries, the real estate industry has been tremendously affected by the tragic events of September 11th. Security concerns are now dominant in the minds of owners and managers. Debates are ongoing, even at the highest levels of the...

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