Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 72, No. 5, September-October

AMO[R] Spotlight
To earn the Accredited Management Organization (AMO) credential from IREM, a company must demonstrate a high level of performance, experience and financial stability, and have a CPM in an executive position. AMO firms must meet ethics and other stringent...
Buildings with Brains: Building Owners and Managers Are Integrating Their Properties' Operating Systems So They Fit the Definition of Smart Buildings
Buildings' operating systems can say goodbye to their independence, that is if they're smart. Systems integration is a burgeoning development bringing so-called smart buildings to life. Integration involves networking operating systems like climate...
Costly Slip-Up: Property Managers Can Pay Huge Price for Slip-and-Fall Cases If They're Not Careful
Slip-and-fall cases have left property managers justifiably concerned about premise liability, imposed when a property manager is found liable for negligence. Plaintiffs must establish the existence of four elements, including duty, breach of duty,...
Course Listings
Course Listings SEPTEMBER RES201 September 6-7, 13-14, 20-21 Oakbrook, Ill. ASM603 September 10-11 Anchorage, Alaska ASM603 September 10-11 Ft. Lauderdale, Fla. BDM602 September 10-11 ...
Filling the Gap: The Generation Gap in the Workplace Creates Challenges for Managers Wanting to Build a Team
Picture this: It is 3:30 on a Thursday afternoon. A 20-something associate completes a project on her laptop, sends it via e-mail to her supervisor, text messages a client on her cell phone, and then leaves for the day. Meanwhile, her 50-something...
Golden Opportunity: IREM Education Is Gold Standard of Industry, Providing Knowledge and Opportunities
Life is full of surprises. But you can imagine my surprise when leaders of two prominent real estate membership organizations, on two recent occasions, used the same language to describe the CPM credential and IREM education offerings--referring to...
Green EnLIGHTenment: Real Estate Managers Realize the Benefits of Integrating Green Lighting into Their Businesses
Property owners and managers around the globe have seen the light. They are investing in green lighting solutions for their buildings to save energy, and in effect, save money. [ILLUSTRATION OMITTED] Frederick Seck is one such property owner....
Know Your IREM Code of Professional Ethics; Article 3: Accounting and Reporting
Last issue's ethics focus was the Pledge, which speaks to the high ethical and moral standards each IREM Member pledges to uphold. This issue's focus is Article 3: Accounting and Reporting. It gets down to the nuts and bolts of real estate management...
Making the Grade: IREM Foundation Offers Minority Students Opportunities through Booker Scholarship
Mario Battistini, a junior at Florida State University, loves golf. He also loves real estate. Put the two together and you have Battistini's dream job of developing real estate around golf courses. Fortunately for him, the IREM Foundation is helping...
Marketing the Unmarketable: Difficult-to-Lease Spaces Need Special Attention and Unique Marketing Tactics
You know how it goes: Your shopping center has a vacant space or two you just can't seem to lease up. You planned to have the space leased this quarter, but time is passing and it just hasn't happened. Merchants are dissing, brokers seem disinterested,...
Net Connection: Web Conferencing Offers Convenience and Global Interaction
Some people accuse me of being a techie. I hesitantly accept that label, but not without resistance and clarification that I really don't know what a megabyte is. I am not someone who runs out and buys the newest thing. I don't own an iPhone, and I...
Out of the Shadows: After Years of Vacancy, Birmingham's City Federal Building Has Been Converted into a Residential Building, and Is Now Revitalizing the City's Downtown
For 13 years, the vacant 25-story City Federal Building loomed over the Birmingham, Ala., skyline like a broken promise. Recently, however, the building has come back to life, stimulating the city's downtown and fulfilling the hopes of its owners and...
Rollin' on the River: Waterfront Development in Cities like San Antonio-Destination for Success Series 2007-Spurs Economic Development and Tourism
No matter the town, the waterfront is the place to be these days as owners, residents and tenants seek the cache that comes with working and living along the water. Even in the dry Southwest region of the United States, cities like San Antonio realize...
RVP Corner
In RVP Corner, JPM shares the thoughts and opinions of an IREM Regional Vice President on a single topic covered in the magazine. This issue, IREM Region 2 Vice President Eileen Yesko, CPM, discusses the growth of senior housing. [ILLUSTRATION OMITTED]...
Senior Class: An Aging Population and Increasing Senior Housing Options Will Likely Lead to a Senior Housing Boom
With strong returns and increasing demand, the senior housing market is growing steadily. People have grown more accepting of senior housing for their parents and for themselves as the industry has evolved to offer more options and higher standards...
Show and Sell: When It Comes to Selling Space, the More Things Change, the More They Stay the Same
Long ago, when I was a "newbie" in the field of property management, I was hired by a local management company in my hometown of Cleveland. My boss, a CPM--one of a few in the area at the time--assigned me to a portfolio of commercial properties including...
TechHelpline Testimonials: Members Share Their Experiences with IREM TechHelpline
IREM Members in the United States and Canada can call the new TechHelpline to receive assistance with technology like PDAs, printers, digital cameras, software, accounting applications, Internet access and more. Here's what members are saying about...
The Big Picture: Mentor Relationships Are Important in Multigenerational Workplace
"Things aren't the way they used to be." That's what I hear from my Baby Boomer colleagues. They recall when business transactions were more personal; when real estate deals closed with a handshake and not piles of paperwork; when a phone call was...
Vanquishing Vandalism: Persistence and Problem-Solving Help Property Managers Deal with Destruction
Whether property managers oversee an office building, industrial complex or an apartment community, chances are they have to deal with vandalism. From graffiti to broken windows to damaged faucets and thermostats, destruction or defacing of property...

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