Journal of Property Management

Browse past and current articles from this publication.

C. Edward Yager II, CPM Emeritus was recently honored by the Texas Real Estate Commission for over 50 years of service as a lice
C. Edward Yager II, CPM Emeritus was recently honored by the Texas Real Estate Commission for over 50 years of service as a licensed Real Estate professional. Yager entered the real estate business . . .

The American Society of Training and Development (ASTD) recognized Chicago-based Equity Residential as the recipient of an ASTD
The American Society of Training and Development (ASTD) recognized Chicago-based Equity Residential as the recipient of an ASTD BEST Award for performing well across a range of training issues--issu . . .

Know your IREM code of Professional Ethics; Article 13: duty to report violations.(what'sup?)
Each IREM Member has a responsibility to provide the Institute of Real Estate Management with any significant factual information that reasonably suggests another member may have violated the IREM C . . .

Course listings.(what'sup?)(Calendar)
Course Listings JANUARY FIN402 January 7-8 Salt Lake City ETH800 January 16 Minneapolis MKL405 January 16-17 Indianapolis HRS402 Januar . . .

IREM Foundation adopts new focus, priorities.(IREM FOUNDATION news)
In the months prior to the 2007 IREM Fall Meetings, the officers for the IREM Foundation and IREM met to review and sharpen the focus of the Foundation. This work was a culmination of a strategic pl . . .

Schmooze & sell.(marketsolutions)
Mr. Shmooze: The Art and Science of Selling Through Relationships by Richard Abraham, presents a composite character of the most successful and gregarious salespeople in America. This character, Mr. . . .

Roof raiser.(marketsolutions)
Invinsa Roof Board, is a resilient, lightweight roof board by Johns Manville, designed to provide a protective layer for insulation, while adding stability to a roof. Invinsa is constructed of high . . .

Need a lift?(marketsolutions)
Ever been confronted with the challenge of moving large flowerpots, landscaping stones, weighty trash cans, or heavy, awkward-to-lift objects? PotLifter is a new device made of nylon webbing and str . . .

Snow solution.(marketsolutions)
The new Snow Wolf is a compact, wheeled snow-removal system from Structured Solutions II. The unique design of this device allows users to throw three-times as much snow as a traditional shovel. Mad . . .

Let it snow: preparing your property for winter prevents unforeseen hazards.(ductape)
The alarm clock goes off, and a tired figure rises and shuffles quietly across the room. Peering between the slats of the blinds, he is greeted by the sight of an immaculate, undisturbed blanket of . . .

The bottom line: members and Institute make a difference together.(fromthetop)
No question, the highlight of my tenure as president of IREM this past year has been the opportunity to get out and visit with the fantastic members of our Institute. Traveling all over the states a . . .

House passes terrorism insurance bill.(insession)
The House passed the Terrorism Risk Insurance Revision Act (TRIA) of 2007 in September by a vote of 312 to 110. The legislation, H.R. 2761, will extend the federal backstop program, which is current . . .

Senate and House differ on energy-efficiency.(insession)
This past summer, the U.S. Senate and House each passed energy bills that vary greatly. The Senate's comprehensive energy legislation, passed on June 21, promotes a major expansion of renewable fuel . . .

Recovery period for leasehold improvements set to expire.(insession)(Brief article)
Congress has anticipated a review of depreciation since 2000, but other tax policy debates have intervened. Currently, the 15-year cost recovery period for leasehold improvements has been extended, . . .

Congress considers taxing carried interests at higher rate.(insession)
Legislation has been introduced by Representative Carl Levin that treats carried interests--additional profits received by private equity and hedge fund managers currently considered investment inco . . .

CPM Members lobby for copper theft ordinance.(insession)(certified property manager)(Brief article)
Over the last two years, metal theft--particularly copper--has been on the rise, largely due to a surge in the global demand for scrap metal. Across the United States, air conditioning units are bei . . .

IREM Members lobby against mandatory inspection fees.(insession)(Institute of Real Estate Management)(Brief article)
IREM Members in Emporia, Kan., are lobbying against a proposed ordinance mandating rental housing licensing and inspections for fees. The "Rental License Registration and Identification" ordinance w . . .

Smoking bans spread across the country.(insession)
An increasing number of cities and states are enacting smoking bans in an effort to reduce second-hand smoke. The following chart highlights state smoking bans. [ILLUSTRATION OMITTED] LAW . . .

Give green to get green.(knowitall)(Brief article)
An estimated 0.2 percent of all federally funded research, or an average of $193 million per year, is spent on green building research, according to information from a United States Green Building C . . .

It's a small world after all.(knowitall)
India, Russia and China top the list of emerging countries for retail development, according to the A.T. Kearney 2007 Global Retail Development Index. The index ranks the top 30 emerging countries f . . .

Medical office market has strong pulse.(knowitall)(Brief article)
The aging population is stimulating positive growth in the medical office building market, according to information in a 2007 Marcus and Millichap medical office research report. By the end of 2007, . . .

Green county.(ecotalk)
The Nassau Legislature in Long Island, N.Y., unanimously passed a new "green building" law for the county in September. The law ensures buildings are designed to be more water and energy efficient, . . .

Certified silver.(ecotalk)
The Chicago office of Humana Inc. was recently awarded LEED[R] Silver certification by the U.S. Green Building Council (USGBC) in its Commercial Interiors category. Humana's 55,000 square-foot offic . . .

Setting the standard.(ecotalk)
A proposed new standard that will provide minimum guidelines for green building practices is nearing completion. Standard 189P (Standard for the Design of High-Performance Green Buildings Except Low . . .

Sustainable studies.(ecotalk)
A new study by United Nations Environment Programme (UNEP) Sustainable Buildings and Construction Initiative (SBCI), found that regulatory and control instruments such as building codes and applianc . . .

Quotables.
"You may delay, but time will not." Benjamin Franklin, American politician "Not everybody trusts paintings but people believe photographs." Ansel Adams, American photographer "Education is an ornam . . .

Heating up the holidays: Chicago's John Hancock Center exudes a festive spirit.(Famous Properties)
No matter how cold it gets in the Windy City, Chicagoans are always in the mood for a party. The Second City doesn't hold back when it comes to holiday spirit. Its trademark holiday lights, events, . . .

The Monopoly game was invented by Charles Darrow in 1933.(Fast Facts)
The Monopoly game was invented by Charles Darrow in 1933. He sold the rights to George Parker in 1935. . . .

Missing teeth.(Fast Facts)
The problem of missing teeth was first discussed at length in 1728 by Pierre Fauchard in his book The Surgeon Dentist. . . .

World's people.(Fast Facts)
A third of the world's people live on less than $2 a day, with 1.2 billion people living on less than $1 a day. [ILLUSTRATION OMITTED] . . .

Meteorologica.(Fast Facts)
Greek philosopher Aristotle wrote Meteorologica in 350 BC--it remained the standard textbook on weather for 2,000 years. [ILLUSTRATION OMITTED] . . .

Shortest stage play.(Fast Facts)
The shortest stage play is Samuel Beckett's "Breath"--35 seconds of screams and heavy breathing. . . .

Green diamond.(Fast Facts)
A green diamond is the rarest diamond. . . .

Uranus.(Fast Facts)
Summer on Uranus lasts for 21 years--but so does winter. . . .

Consumers.(Fast Facts)
About 30 percent of consumers use their credit card as their main means of buying Christmas goodies, and 86 percent of consumers do their Christmas shopping during December. . . .

First daily broadcast.(Fast Facts)
The first daily broadcast was started by the BBC in November 1936. [ILLUSTRATION OMITTED] . . .

www.goodtobegreen.com.(Search Me)
Seattle based Goodtobegreen.com, offers a variety of tools needed to construct sustainable buildings. The site features a directory for green building products, sustainable building materials and gr . . .

www.laundrywise.com.(Search Me)
Laundrywise.com is a source for information on laundry water and energy conservation opportunities available in multifamily properties. The Web site offers facts, studies, news and a section called . . .

www.secmag.com.(Search Me)
Security Magazine features news on the latest security updates and products on the market to improve security measures across all industries. The Web site also offers columns and articles on securit . . .

Pulse points.
Log on to www.irem.org/jpm to answer this issue's online survey. Real-time results will appear on the site, and a final tally will be published in the next issue. Question Do you offer community . . .

Fields of vision: New England states revitalize potentially toxic properties.(regionaloutlook)
What is good for the environment is good for communities. And what is good for communities is good for real estate. This dynamic is thriving in the booming trend of cleaning up brownfield sites-prop . . .

Undercover access: security technology helps managers safeguard properties.(neotech)
Access cards, key fobs and fingerprint scanning sound like items from the latest spy novel. However, these items provide types of controlled access widely used in commercial buildings for the last s . . .

Collection & compromise: handling rent payment delinquencies requires caution.(legalease)
An unfortunate truth in the property management business exists: Sometimes tenants fall behind in rent. And while it is important to note that under the Fair Debt and Collection Act property manager . . .

Risk and reward: controlling risk is an essential part of property management.(coveryourassets)
Risk management is a prevalent part of our lives. We are constantly faced with decisions involving risk, like determining the best route to get to work with the least amount of traffic, or what to e . . .

Relationship repair: responding to resident complaints requires diplomacy and discipline.(goodtogreat)
"Please do not judge us by the problem but by the way we handle the situation!" In a perfect world, residents would get along; all rents would be paid; renewal rate increases would be embraced; emp . . .

Follow the code: IREM ethical guidelines offer advantages to members.(higherground)
In today's business world, ethical behavior has increasingly become more important and more visible. We now see corporations, organizations, and various levels of state, county and city municipaliti . . .

Diverting design disaster: property managers resolve unsightly or impractical design problems.(feature)
The pipes were a disaster waiting to happen, and Jennifer Baiamonte, CPM[R], knew it. Too bad no one listened to her. [ILLUSTRATION OMITTED] Some years ago, Baiamonte was slated to manage a deve . . .

Expert opinion: property managers showcase their expertise in the courtroom as expert witnesses.(feature)
When Diane Whipple, a 33-year-old lacrosse coach was mauled and killed in 2001 by another resident's dog in her San Francisco apartment building, E. Robert Miller, CPM[R] of E. Robert Miller & Assoc . . .

Exploring the great expanse: real estate managers look to grow businesses and provide new services.(feature)
There was a time when real estate managers could scan the competitive landscape without seeing much difference in the services offered. Real estate management pretty much involved preparing units fo . . .

How many properties can a property manager manage? Assigning managers the appropriate number of properties to manage requires a
The oldest question in the real estate management profession is, "How many properties can a property manager manage?" The answer has always been, "Well, it depends." [ILLUSTRATION OMITTED] [ILLU . . .