Journal of Property Management

Magazine serving real estate managers.

Articles from Vol. 82, No. 3, May/June

2018 Officer & Regional Vice President Nominees Slated
The IREM Nominating Committee has announced its slate of nominees for 2018 Officers to serve with 2018 President, J. Benjamin McGrew, CPM, MANAGEWEST, Inc., Sacramento, Calif. They are:PRESIDENT-ELECTDONALD B. WILKERSON, CPMGaston and WilkersonManagement...
4 Mistakes to Avoid When Moving Offices
NASDAQMoving to a new office space can be stressful, with so much that can go wrong everything from failed negotiations with the building owner to problems with the movers. The article's author details four big mistakes that can be avoided when relocating...
5 Ways to Create Great Intentional Gathering Spaces
Property Management Insider, WarnerMore new and redeveloped apartment communities are offering open gathering spaces for residents and guests to enjoy. Such spaces are often programmed with community events such as food truck nights, live musical performances,...
An Evolving Symbol
At the turn of the century, department stores were helping to define the glitz and glamour of big cities across the country. These iconic stores were destinations where people went to see and be seen. For almost 90 years, the Hahne & Company department...
Asset Managers and Real Estate Managers Have Ethics in Common
Besides the management of physical real estate, what do asset managers have in common with real estate managers? Let's list some of the ways that both managers deal with their everyday work life and if they match up.* To act in a professional and ethical...
Beyond the Flower Beds
"We are what we repeatedly do. Excellence, then, is not an act, but a habit." ARISTOTLEWhat Aristotle may have been referring to, if he was alive today and managing property, is the creation and implementation of a property management agreement. Unexpected...
Call for Ballot Submissions
In 1971, the IREM Foundation recognized its first Professional Recognition Award recipient Joseph C. Murray, CPM, who received the J. Wallace Paletou award. The J. Wallace Paletou, Louise L. and Y.T. Lum and Lloyd D. Hanford Distinguished Instructor...
Compass Report Leading the Way in Innovation
Cushman & Wakefield NorthMarq's Compass Report is the Twin Cities' most frequently cited research report covering the commercial real estate market. And the signature report's redesign project is what won a 2016 REME Award for Corporate Innovation.For...
Defining Real Estate Asset Management
This article draws directly from the text of a new IREM publication titled Real Estate Asset Management: A Process and a Profession, the first in a series of articles to be published in JPM that will explore what real estate asset managers do and how...
Does Your Property Management Agreement Protect You
Imagine yourself driving over a bridge. At night. With no guardrails.An unlikely and foolhardy enterprise, to be sure. But that's exactly the type of risk property managers take if they don't lawyer up to create a bulletproof management agreement and...
Do Good by Doing Well
Sustainability and green initiatives, while good for the environment, are often perceived as more costly than the "old way" of doing things. But in the case of green financing for multifamily properties, the opposite is true. Green financing is actually...
Download Me
MOST OF THESE APPS ARE FREE TO DOWNLOAD AND ARE DESIGNED FOR MOST MOBILE DEVICESOPEN SIGNALWhen the bars on your phone are barely there, Open Signal will set you on the right course to get the boost you need. It provides a map that shows the cell towers...
Gadgets
HOMIDO V2Everything is going virtual reality these days from virtual Dora the Explorer to 360-degree VR cameras used for virtual walkthroughs and there are a plethora of manufacturers out there trying to get a slice of the pie. Homido, a Frenchbased...
Ipms Ssc: Setting the Global Standard
The International Property Measurement Standards Coalition's Standards Setting Committee (IPMSC SSC) recently met in Johannesburg, South Africa to continue its work on developing a set of globally recognized and accepted standards to measure the area...
Know Thyself: Your Purpose and Your Players Are Your Two Greatest Assets
Thank goodness for Lou. As general manager and the "face" of our high-rise building, he was responsible for over 1 million square feet and several thousand employees. Every day during office rush hour, Lou was at the front door greeting everyone. I should...
More Than Just Occupancy
The biggest threat to our success as managers is the inability to think big. Faced with numerous day-to-day decisions, fires to put out, bosses to please, clients to woo and more, it can become a constant battle of whack-amole that seems prohibitive...
New Cpm Members
FEBRUARYShireen H. Ambush, CPMKyoung Hun Ani, CPMYoichiro Arai, CPMRobert Arnone, CPM, ARMBrian D. Aubrey, CPMSheryl K. Bravo, CPMEd Bryce, CPMSarah A. Cahill, CPMWoong Chul Chang, CPMKyung Hun Chun, CPMAnna M. Corson, CPMEster L. Cox, CPMBrandy M. Dean,...
New Products
INSINKERATOR® FRESH KITCHEN™ COLLECTION FOOD WASTE DISPOSERIt's preferable for the aromas that waft from your kitchen to be pleasant ones those of freshly baked bread, apple pie and other delicious treats. Nobody wants his nose to be assaulted by a nasty...
New Study Links: Green Buildings to Higher Cognitive Function
Sustainable Brands, MacCarthyNew research from the Harvard T.H. Chan School of Public Health's Center for Health and the Global Environment and SUNY Upstate Medical University has found a link between green buildings and improved cognitive function.The...
Persuasive Presentations: Leading People to Rally to Your Call Takes Preparation
The following is an excerpt from the book Leadership Handbook for Real Estate Professionals, available on irembooks.org.BELIEVE IN YOUR MESSAGEUltimately, how strongly you believe in your message will come through in the words you choose and the way...
Regional Outlook: Northwest
??chorageOur current economic conditions seem to be creating a softening of the market. Class A vacancies have risen, however, largely due to the increase of deliveries over the past one to two years. Additionally, there has been a 2 percent-plus loss...
Short-Term Rental Regulation
Companies such as Airbnb, HomeAway and Couchsurfing are becoming more popular than ever by connecting travelers looking for an alternative to hotels with people willing to rent out their home or a room within their home. With so little accountability...
Source of Income Protections
Maryland, Hawaii, New York and Washington have introduced bills that would add source of income to the list of protected classes that includes race, color, national origin, religion, sex, disability and familial status. If enacted, a landlord would not...
Two Sides of the Same Coin
Can a property manager move into asset management? While it is possible and can be done, property managers looking to advance their careers to move into the higher paying asset management profession will need to meet some prerequisites. There are apparently...
Veritas: The Collaborative Company
The "Collaborative Company" is a term used to describe the series of initiatives launched by Veritas Investments and its affiliates. Their goal has been to enhance teamwork across department and company lines, improve customer service and performance...
Yardi Renews Irem's Energy Efficiency Grant
Once again, Yardi is leveraging its trusted brand and leadership in the real estate software industry for an exciting initiative to improve our shared environment. Yardi's goal is to help reduce energy use in commercial, residential and mixed-use properties...
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