Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 75, No. 1, January-February

All a Twitter: Experts & IREM Members Discuss the Opportunities & Pitfalls of Social Media Networking
They're talking about you. The residents who live in your apartments, the tenants who lease your commercial space, they're talking about you. "Understand that people are now communicating about you and your properties online," said Paul Gillin,...
AMO Spotlight
DANIEL M. KLEIN, CPM [R] IS THE CO-FOUNDER AND MANAGING DIRECTOR OF ASSET SERVICES FOR CB RICHARD ELLIS/REICHLE KLEIN IN TOLEDO, OHIO. Highly trained in both real estate law and the real estate field, he is an experienced provider of real estate services...
Bracing for the Year Ahead
A year ago, many were predicting we'd be out of the worst that the economic downturn would hand to us and yet, perhaps like you, I still see uncertainty ahead. Yes, real estate is cyclical, and we will come through these troubled times, but nonetheless,...
Capturing the Sun: Solar Power Investments Can Offer Long-Term Savings in Energy Costs
Once considered a new-age fad or architectural eyesore, solar power is now a promising alternative energy source fueling great enthusiasm in the green building movement. In fact, solar energy has become a multibillion dollar industry, growing at 40...
Discuss Amongst Yourselves: Avoid Unnecessary Complaints by Improving Communication
I HAVE HAD THE PRIVILEGE TO SERVE ON THE IREM ETHICS AND DISCIPLINE COMMITTEE AS A MEMBER OF THE HEARING BOARD, AND RECENTLY, THE INQUIRY BOARD. The Inquiry Board reviews complaints filed against IREM Members and determines if a complaint should be...
IREM International Program Continues to Expand
Despite the economic downturn and resulting challenges all over the world, demand for expertise in real estate management outside of the United States, and particularly in developing countries, remains stable, as evidenced by the steadily growing IREM...
JPM Articles Translated for International Members
JPM ARTICLES TRANSLATED FOR INTERNATIONAL MEMBERS IREM translates one article from each issue of Journal of Property Management into multiple languages to serve our members throughout the world. You can find the translation of the article "IREM Member...
Know Your Code of Professional Ethics: Article 13. Duty to Report Violations
Each MEMBER has a responsibility to provide the Institute of Real Estate Management with any significant factual information that reasonably suggests that another MEMBER may have violated this Code of Professional Ethics. Such information must be presented...
Lawmakers under Pressure Seek New Revenue Sources
FALLING TAX REVENUES AND INCREASED GOVERNMENT SPENDING BECAUSE OF THE ECONOMIC CRISIS HAVE PUT LAWMAKERS UNDER PRESSURE TO SEEK NEW REVENUE SOURCES. In addition, House Ways and Means Committee Chairman, Charlie Rangel (D-NY), has indicated that "everything...
Medical Diagnosis: CPM Shares His Vision for the Future of Medical Office Building Designs & Use
Medical Office Buildings (MOBs) embody a unique relationship between a community of healthcare providers and their patients. This symbiotic dynamic produces a niche real estate product with many complex and competing goals: A highly regulated industry...
New IREM Leaders Announced for 2010
At the 2009 IREM fall business and governance meetings in Hawaii, new officers and regional vice presidents were installed. They will spend the next year serving and getting to know members. Readers can take this opportunity to learn more about them....
Path to the Presidency: How a Member Can Become IREM President
HAVE YOU EVER WONDERED HOW A MEMBER BECOMES THE INTERNATIONAL PRESIDENT OF IREM? Turns out, the members who become president go through a long process whereby they gain knowledge of the Institute's issues and challenges so they can better serve...
Permanent Fixtures: Take the Long-Term Value Perspective with Faucets for Multifamily Properties
IT IS CRITICAL FOR BUILDING MAINTENANCE SUPERVISORS AND PROPERTY MANAGERS TO CONSIDER EVERY MEANS AVAILABLE TO IMPROVE NOI FOR THEIR MULTIFAMILY PROPERTIES. Those who are successful will also reap the benefits of increased property value, which is...
PIPE Dreams: Unbelievable or Outrageous True Stories about Everyday Experiences in Real Estate Management
I HAD JUST ARRIVED AT THE OFFICE ONE MORNING WHEN I RECEIVED A PHONE CALL FROM ONE OF MY MAINTENANCE GUYS, INFORMING ME THAT A BREAK-IN HAD OCCURRED THE NIGHT BEFORE AT THE LAUNDROMAT IN ONE OF THE SHOPPING CENTERS I MANAGED. Immediately, I asked if...
Recession Effects along the Great Lakes: Part Two: Michigan, Ohio, Pennsylvania and New York
The Great Lakes states of Michigan, Ohio, Pennsylvania and New York have not been immune from the effects of the U.S. economic downturn and credit and crisis. The region has not hit the lows that many other areas across the country have reached, but...
Shop by Size the Mall of America Has Transformed the Shopping Experience and Catapulted Minnesota into the Spotlight
The minute you step inside the Mall of America in Bloomington, Minn., you'll quickly realize this not your typical shopping experience. In fact, there is nothing typical about this shopping and entertainment hotspot. The mall attracts 40 million visitors...
Staying Power Always Keep Clients Aware of Your Marketing Message and Expertise
YOU KNOW IT'S IMPORTANT TO KEEP YOUR MARKETING MESSAGE IN FRONT OF YOUR CLIENTS, BUT YOU DON'T WANT TO BE PESKY. How do you do it? Today, it's all about providing solutions for our customers, both existing and prospective. This can be a real challenge,...
TAKE Your Team to the Top: Inspire Staff to Succeed through Leadership & Motivation
TAKE ONE LOOK AT THE SUCCESSFUL SPORTS TEAMS IN OUR SPORTS-CRAZED SOCIETY AND YOU'LL FIND EXAMPLES OF LEADERSHIP, MOTIVATION AND TEAMWORK ABOUND. Just as we look to these teams and star players for entertainment, we should look to them for inspiration...
The Right Stuff Does Your Property Management Team Have What It Takes to Be Green?
AROUND THE WORLD, REAL ESTATE OWNERS, INVESTORS AND PROPERTY MANAGEMENT FIRMS HAVE REALIZED THAT SUSTAINABILITY IS NOT A FAD OR MARKETING GIMMICK, but a requirement for all properties to stay competitive. But who is going to transform the tens of thousands...
Window Treatments: Microsoft Windows 7 Offers New Features and Greater Usability
Microsoft has released its latest software operating system, Windows Version 7, and as an avid beta tester and user, 1 can tell you the upgrade is worth having. Windows 7 has the quickness of Windows XP, the eye candy of Windows Vista, and the usability...
Words Speak Louder Than Actions: Proper Grammar and Word Usage Will Strengthen Communication
OUR ABILITY TO COMMUNICATE, BOTH IN BEING UNDERSTOOD AND IN UNDERSTANDING OTHERS IS DIRECTLY RELATED TO OUR CHOICE OF WORDS. The wrong choice of words, or punctuation when writing, can alter your intent; furthermore, it can alter the response you hoped...
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