Magazine article Journal of Property Management

Hands across the Water: A Member Shares His Experiences Developing a Friendship Agreement between Dallas Chapter No. 14 and IREM's Chilean Members

Magazine article Journal of Property Management

Hands across the Water: A Member Shares His Experiences Developing a Friendship Agreement between Dallas Chapter No. 14 and IREM's Chilean Members

Article excerpt

In early December I found myself on a 9 1/2-hour flight to Santiago, on a mission from IREM Dallas Chapter No. 14 to meet our Chilean property management friends.

My visit was prompted by IREM headquarters encouraging U.S. chapters to establish a relationship with one or more of the Institute's international partners or chapters. The goals for this affiliation are simple. First, the relationship should foster an exchange of information and best practices. Second, it should facilitate business opportunities for members in one another's markets, encouraging networking opportunities. Finally, the two groups can work together on other objectives that will be mutually beneficial to IREM Headquarters, the U.S. chapter and the international group.

The Dallas chapter took the initiative to establish a friendship agreement with Colegio de Gestion Y Administracion Inmobiliari (CGAI-Chile), and the measure was approved by IREM's International Affairs Committee and the CGAI Board last spring. We had our first official, face-to-face meeting last November at the IREM Education Conference in Nashville when Dallas chapter members met with Juan Carlos Latorre, ARM, and Rafael Escobar, president and vice president of CGAI, respectively.

Not long after first meeting Latorre and Escobar, I found myself on the plane ride to attend CGAI's annual international property management meeting in Santiago. The theme of the meeting--the best world practices and how to become a better property manager--fit right in with the first goal of the friendship agreement. Latorre and Escobar were gracious hosts and made my visit a memorable one. During my four-day stay, I had the privilege of dining at the homes of both hosts with their families, friends, CGAI board members and the event's speakers. I experienced a real taste (pun intended) of the Chilean lifestyle. I presented Latorre and Escobar with Texas-themed gifts, yet they were most proud of the Texas passports I bestowed, granting them passage into our great state.

Chile is recognized by the international community as one of the most dynamic emerging markets, likely related to the fact it has experienced the highest economic growth rate in the Western Hemisphere during the last 10 years. With more than 15 million inhabitants, Chile is one of the least densely populated countries in South America; it is also one of the most urbanized--83 percent of the population lives in urban areas and 40 percent lives in greater Santiago. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.