Magazine article Journal of Property Management

True Grit

Magazine article Journal of Property Management

True Grit

Article excerpt

There are two types of "grit" in my life--"grits," the food and "grit," meaning fortitude. Both have more in common than you might expect in regards to IREM.

What are grits? Quite simply, grits are crushed corn. Requiring only water and maybe a dollop of butter or oil to make, grits were an inexpensive Southern staple during the Great Depression--and are popular to this day. Simple, inexpensive and essential, grits evolved from a survival food to a comfort food--often embellished with cheese, vegetables or meat--but never falling far from their original flavor.

Similar to slow- cooked, stone-ground grits, ethical individuals become more "seasoned" in the heat of the moment, under pressure. Owners, developers and investors look for these individuals--whose ethics haven't been boiled away by the recession or other difficult factors--who demonstrate true grit.

This issue of JPM' focuses on the importance of forming and sustaining relationships. For almost eighty years, IREM hasn't wavered from its original purpose of building a community of real estate management professionals who are dedicated to ethical business practices; in fact, IREM added another global partner in May. I was able to travel to Shanghai to participate in the inauguration of IREM Shanghai Chapter No. …

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