Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 79, No. 2, March-April

2 Smart Devices to Control Your Electronics
Conserving electricity by upgrading your home or office with smart technology does not have to be expensive. The WeMo Switch and WeMo Light Switch are easy to install, entry-level devices that can help make your home or office increase connectivity...
3 Marketing Tactics I Learned from a Chef.D
Want to channel your inner Julia Child? Even better, do you want to know how a few select cooking tips can actually help you in marketing your business and your properties? I admit that I'm no stranger to Food TV; however, my newest marketing inspiration...
Adapting to Change: The Personal Role
Numerous unexpected changes have recently taken place: Forty percent of Fortune 500 companies have disappeared, software resides in a cloud and Britney Spears made a comeback. When it comes to changes, everyone has a view to express and there are more...
Brand Yourself Sustainable
Some of the latest real estate management trends are a result of our business experiencing substantial changes. Let's face it: Many involved in the industry today did not come up through the ranks the way we did in the past. Generalists to Specialists...
Changing Tastes Fuel Amenities Race
BY JOSEPH DOBRIAN AMENITIES HAVE ALWAYS BEEN A KEY DIFFERENTIATOR IN ATTRACTING RESIDENTS TO LUXURY APARTMENT BUILDINGS. WHETHER RENTALS OR CONDOS. CONSUMERS" TASTES AND NEEDS, WITH REGARD TO AMENITIES, EVOLVE CONSTANTLY. FOR MANAGERS OF RENTAL...
"Criminal Background Checks on Prospects: Do You Believe in Them? Do You Require Them? Why or Why Not?"
STEPHANIE BURG-BROWN. MBA/MPA, CPM, CRS BROKER/OWNER BSA MANAGEMENT PHILADELPHIA. PENN. no We do criminal background/credit/eviction checks on potential tenants-but with the understanding that background checks will not prevent crime or injury....
Four Students' Careers Catapulted with Help from the IREM Foundation
Among the hundreds who converged in Scottsdale, Arizona, last October to be a part of the IREM Fall Leadership Conference were four college students--thanks to funding from the IREM Foundation. Robby Waldrop was at the conference as IREM's first...
Inside Weingarten Realty Investors' Innovative Green Initiative
In the past decade, sustainability issues in the commercial real estate industry have moved from the fringe to the mainstream. Within the industry, each asset class faces unique challenges and opportunities to reduce energy, water and waste-including...
IREM Insider / COURSE LISTINGS
MARCH ETH800 ASM603 RES201 ASM604 FIN402 RES201 ASM605 ASM603 ASM603 MNT402 MKL405 RES201 ETH800 HRS402 MKL405 RES201 ETH800 ASM604 ASM604 FIN402 HRS402 HRS402 RES201 ETH800 ...
Irem Members Head to Capitol Hill
WHO: YOU! WHAT: 2014 Capitol Hill Visits Day WHERE: Washington. D.C WHEN: April 9th, 2014 (an orientation will be held on April 8th) WHY: It is imperative for our federal legislators to understand the importance of a healthy real estate...
One Step Ahead
Sometimes being able to tell the future has less to do with clairvoyance and more to do with keeping an ear to the ground and being aware of the good, bad and the ugly at your property. In this issue of JPM't we explore what-if scenarios-from copper...
On the Road with IREM Leaders
MARC--APRIL LEADERSH.P VISITS March 10 - 14 MIPIM Location: Cannes: France Visiting Leader: Joseph Greenblatt, CPM. President; Russell Salzman. Executive Vice President and CEO March 11 New York Asset Symposium Location: New York...
Paul S. Cauwels, CPM, Principal and Executive CPM of Cauwels & Stuve Realty & Development Advisors LLC, AMO, Talks Transformation and Revitalization of a Deteriorating Medical Office Park during the Great Recession
SNAPSHOT CORPORATE HEADOUARTERS Albuquerque, N.M. EXECUTIVE CPM Paul S. Cauwels. CPM NUMBER OF ENPLOYEES 20 COMPANY WEVSITE www.couwels-stuve.com Our company's focus and vitality is best demonstrated in a deal-specific manner....
Real Estate Managers Plagued by Copper Theft at Their Properties Search for Solutions to Costly Damage That Ensues from Crime
COPPER MAY NOT BE AN OFFICIAL "PRECIOUS METAL," BUT IT'S CERTAINLY PRECIOUS TO REAL ESTATE OWNERS AND MANAGERS ... AS WELL AS CRIMINALS. "Copper is a commodity used by numerous industries for a variety of reasons," said Mike Adelizzi, executive...
Reviving a Place of Healing: The City View at St. Margaret'S Is Helping to Reinvigorate Kansas City While Providing Much-Needed Senior and Market-Rate Housing
BY DIANA MIREL Hospitals are often symbols of healing and hope in communities, Built in 1886, St. Margaret's Hospital in Kansas City, Kan., served residents as a cornerstone of the community. But when the hospital dosed its doors more than 30 years...
Robots over Here, Residents over There
My, how things have changed. < ten years ago, you had to visit a leasing office in person to apply for an apartment or produce a cashiers check or money order to pay your rent. Today, residents are applying, paying and communicating with leasing...
Sunny Outlook for Sunny San Diego: San Diego's Sun-Drenched, Tourist-Driven Economy Stabilizes, Waits to Catch Next Wave
BY KRITIN GUNDERSON HUNT Housing prices and employment are up in San Diego, positively influencing the retail real estate market, especially, hut stabilizing the commercial office and multifamily markets, too. "San Diego is a unique market,"...
Watch Your Step! When Is a Curb, Not a Curb?
CASE STUYD: This situation involves an international chain restaurant, whose client base includes the elderly. Vehicle parking is provided in asphalt parking areas on all four sides of the building. A seven-inch high concrete curb separates the...
What Are the Real (Estate) Risks?
BY KEVIN W. GREEN, P.G. Over the past decade, there's been a growing body of evidence that chemicals in subsurface soil vapor can penetrate building foundations at levels that, in the long term, raise health concerns for the occupants. This, in...
What's Up with the Federal Reserve?
PROPERTY MANAGEMENT is one of the core elements of the real estate industry. Two unique features of commercial real estate are that 1) It is capital intensive, and 2) It is highly cash-flow dependent. The estimated volume of institutional grade US....
When to Talk and When to Keep Up Your Silence: Irem Code of Professional Ethics, Article 2: Confidentiality
BY MARY FAITH NUGIEL, CPM, CMCA, AMS, PCAM It is easy to see spot the ethics violation when a manager leaves a job to work for a new management company, or starts a new management company, and suddenly has a client that used to be with that managers...
Working Abroad as a Real Estate Asset Manager, Challenges and Barriers
Longtime CPM and dutch national, robert kuiper, shares insights from a career spanning decades and continents. Working abroad-whether as part of your career path or to expand the working area of your organization-can be a tempting event. Sometimes...
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