Journal of Property Management

Browse past and current articles from this publication.

Foreclosures continue to rise.(INDUSTRY NEWS & NOTES)(Brief article)
Nearly 291,000 homes in the United States received at least one foreclosure-related notice in February, up 6 percent from the previous month, according to a RealtyTrac report in March. The number of . . .

Washington state senate passes energy-efficiency bill.(INDUSTRY NEWS & NOTES)(Brief article)
The Washington senate recently approved a measure requiring new buildings and major retrofits to use less energy. The goal is to reduce the amount of overall energy consumption by 70 percent by 2031 . . .

"Feebate" program to reward green buildings in Portland, Oregon.(INDUSTRY NEWS & NOTES)(Brief article)
Officials in Portland, Ore. have proposed a green building incentive program that would be the first of its kind in the United States. Under the program, new commercial buildings, 20,000 square feet . . .

Quotables.(INDUSTRY NEWS & NOTES)(Quotation)
"Have no fear of perfection--you'll never reach it." --SALVADOR DALI, SPANISH ARTIST "I have tried to be as eclectic as I possibly can with my professional life, and so far it's been pretty fun. . . .

New sustainability standard approved for multifamily properties.(INDUSTRY NEWS & NOTES)(Brief article)
The U.S. Environmental Protection Agency (EPA) recently announced that six metropolitan areas in the Midwest region were on its Top 25 list of energy-efficient buildings that earned the Energy Star . . .

Department of Energy adopts new energy standards.(INDUSTRY NEWS & NOTES)(Brief article)
States must now certify that their building codes meet the requirements in the 2004 energy-efficiency standard by the American Society of Heating, Refrigeration and Air-Conditioning Engineers (ASHRA . . .

Search me.(INDUSTRY NEWS & NOTES)(List)
http://money.cnn.com/real_estate The real estate section of CNNMoney.com offers the latest news, reports and policies related to the real estate market. Information includes features and statistic . . .

Fast facts.(INDUSTRY NEWS & NOTES)(Brief article)
Research indicates that PLANTS grow healthier when they are stroked. [ILLUSTRATION OMITTED] It takes EIGHT AND A HALF MINUTES for light to get from the sun to earth. One out of 20 people have . . .

Light switch: low-cost lighting solutions and technology can reduce energy use and expenses.(GREEN SCENE)
NOW THAT YOU HAVE A GREEN PROGRAM GOING AND YOU'VE STARTED ADJUSTING YOUR THERMOSTATS, WHAT ELSE CAN YOU DO TO GREEN YOUR OPERATIONS? Lighting improvements offer a practical way to green operation . . .

Get on the short list: attracting business from owners requires knowledge and networking.(MARKETING SOLUTIONS)
IT'S A SMALL WORLD. MY FORMER BOSS USED TO SAY THAT REAL ESTATE MANAGEMENT IS A HANDSHAKE SORT OF BUSINESS, WHERE WHO YOU KNOW CAN BE JUST AS IMPORTANT AS WHAT YOU KNOW. THIS IS A CRUCIAL CONCEPT wh . . .

Do the right thing: instilling ethical standards in your company inspires employee pride and productivity.(HIGHER GROUND)
THE BEST AND MOST ENDURING ADVICE I HAVE EVER RECEIVED WAS TO ENSURE ALL MY DEALINGS COULD BE REPEATED PROUDLY FROM A WITNESS STAND IN A COURT OF LAW. WHILE I HAVE NOT HAD TO DO SO, I HAVE NEVERTHEL . . .

The art of talking: to be understood, make your conversation a two-way street.(GOOD TO GREAT)
IT WASN'T AN INTENTIONAL EAVESDROP ... TRUTHFULLY. CONFINED IN THE CLOSE QUARTERS OF A STABLE OF POTENTIAL JURISTS, I COULD NOT block out the conversation I could easily hear between two men. For . . .

Economic stimulus package--investment provisions.(IN SESSION)
In February of this year, President Obama signed H.R. 1, the "American Recovery and Reinvestment Act of 2009." The bill includes $787 billion in spending and tax cuts. Commercial real estate is supp . . .

Tax provisions.(IN SESSION)(Brief article)
In addition to the investments listed above, H.R. 1 provides a number of tax incentives for individuals, businesses and energy improvements. * INDIVIDUALS: More than 26 million families will recei . . .

Treasury department's financial stability plan.(IN SESSION)(Brief article)
Separate from the stimulus package, the Treasury Department recently announced a multi-pronged program intended to help lay the groundwork for restoring the flows of credit to households and busines . . .

DTV Delay Act.(IN SESSION)(digital television transition )(Brief article)
On February 11, 2009, President Obama signed the DTV Delay Act into law, officially postponing the date for digital television transition to June 12, 2009. Under federal law, American television sta . . .

State budget shortfalls.(IN SESSION)(Brief article)
The biggest issue facing state legislatures in 2009 is budget gaps. According to a report by the National Conference of State Legislatures (NCSL), nearly two-thirds of states are facing budget short . . .

Green wired: king of Prussia building in Pennsylvania combines top industry trends to create perfect synergy.(FAMOUS PROPERTIES)
The relationship between green building and cutting-edge technology may not be immediately obvious. But recognizing the synergy between these two modern-day essentials makes good building--and good . . .

Recessionary reaction: sustainability, technology and healthcare offer industry opportunities in California.(REGIONAL OUTLOOK)
Many financial experts have pointed to the Golden State as the epicenter of the national foreclosure crisis, and the numbers seem to back them up. For January 2009, 15 of the top 30 metropolitan are . . .

Opportunity comes knocking: IREM Members discover ways to grow their businesses during these tough economic times.
despite the dearth of fortuitous news and statistics regarding the U.S. economy--especially the real estate sector--property managers are uniquely poised to take advantage of opportunities in this d . . .

Strategies to keep owners & tenants afloat: focusing on property management fundamentals is essential in an uncertain economy.
OUR CLIENTS ARE NERVOUS ABOUT THE MARKET AND ECONOMY. REAL ESTATE MANAGERS IN CITIES ACROSS THE NATION, FROM THE LARGEST OFFICE BUILDINGS IN NEW YORK CITY TO THE SMALLEST OF RETAIL SPACES IN KANSAS, . . .

Is your tenant headed for trouble? The following article is an excerpt from the new IREM key report, strategies for working with
IT'S NOON ON FRIDAY AS YOU WALK INTO ANDRE'S ATTITUDES, A FULL-SERVICE HAIR SALON IN THE NEIGHBORHOOD SHOPPING CENTER YOU LEASE, INTENDING TO TALK WITH ANDRE ABOUT HIS OVERDUE RENT. Andre is nowhere . . .

Sustainable development: property managers can reduce energy use & expenses through green practices.
THINK ABOUT THIS THE NEXT TIME YOU TURN ON A LIGHT: According to the Energy Information Administration's Annual Energy Review 2007, energy consumed by residential and commercial sectors accounted fo . . .

Beautiful Hawaii: Success Series 2009 offers IREM Members a unique opportunity to see Honolulu.(Institute of Real Estate Managem
"aloha" IN THE HAWAIIAN LANGUAGE MEANS AFFECTION, LOVE, PEACE, COMPASSION, MERCY AND GOODBYE. IT ALSO MEANS HELLO. WHEN YOU ARRIVE IN HAWAII FOR THE CCIM & IREM SUCCESS SERIES 2009 IN OCTOBER, you w . . .

Know your IREM code of professional ethics: article 8. managing the assets of the client.(KNOW YOUR CODE)(Institute of Real Esta
A MEMBER shall exercise due diligence in the maintenance and management of the client's assets and shall make all reasonable efforts to protect it against all reasonably foreseeable contingencies an . . .

Awards & recognition.(INSIDE IREM)(Opus Northwest L.L.C., Crescent Ridge Corporate Center, CB Richard Ellis)
OPUS NORTHWEST MANAGEMENT, AMO[R], achieved a first for Minnesota when its Crescent Ridge Corporate Center I in Minnetonka, Minn., received the Leadership in Energy and Environmental Design for Exis . . .

On the road.(INSIDE IREM)(seminars on real estate property management)(Brief article)(Calendar)
MAY 6 South Carolina Chapter No. 72 Location: Columbia, S.C. Visiting Officer: Jay Windsor, Senior Vice President [ILLUSTRATION OMITTED] MAY 12 Fort Worth Chapter No. 103 Location: For . . .

Holladay Properties.(AMO SPOTLIGHT)(Holladay Property Services Midwest Inc.)(Company overview)
COMPANY HEADQUARTERS LOCATION South Bend, Ind. NUMBER OF EMPLOYEES 250 DATE THE COMPANY BECAME AN AMO FIRM June 1, 1990 COMPANY WEB SITE www.holladayproperties.com TIMOTHY A. BAKER, CPM[R], . . .

In memoriam.(INSIDE IREM)(In memoriam)(Brief article)
Allen J. BLOCK, CPM[R] Allen J. Block, CPM, 93, passed away on January 19, 2009. Block was the founder and chairman of the board of Block & Company, Inc., REALTORS, in Prairie Village, Kan. He ent . . .

Course listings.(INSIDE IREM)(Table)
MAY ETH800 May 1 Portland, Ore. ASM603 May 4-5 New Orleans ASM603 May 4-5 Atlanta ASM603 May 4-5 Boca Raton, Fla. CID201 May 4-8 . . .

Course codes key.(INSIDE IREM)(Brief article)
ARMEXM // ARM Certification Exam ASM603 // Investment Real Estate Financing and Valuation-Part One ASM604 // Investment Real Estate Financing and Valuation-Part Two ASM605 // Investment Real E . . .

CB Richard Ellis of Virginia.(Malcom Randolph as vice president)(Brief article)
CB RICHARD ELLIS OF VIRGINIA, AMO[R], has promoted MALCOLM RANDOLPH to vice president. Randolph has over six years of experience in the commercial real estate industry with a primary focus on the ma . . .

Aaron Wickesberg.(president of Reliant Real Estate Services )(Brief article)
AARON WICKESBERG, CPM[R], has been named president of Reliant Real Estate Services in La Crosse, Wis. He has over 12 years of property management experience. Wickesberg will be responsible for devel . . .

Drucker & Falk.(career moves)(Drucker & Falk L.L.C.'s Ronald B. Melvin's retirement)(Brief article)
DRUCKER & FALK, AMO recently announced the retirement of President and Chief Operating Officer RONALD B. MELVIN, CPM. Melvin has moved into the role of chairman of the board of directors. Throughout . . .

JPM articles translated for international members.(INTERNATIONAL)(Journal of Property Management )
IREM translates one article from each issue of Journal of Property Management into multiple languages to serve our members throughout the world. You can find the translations of the article "Rent Re . . .

IREM and IREM Foundation train veterans: special grant provides professional growth opportunity.(FOUNDATION NEWS)(Institute of R
The Institute of Real Estate Management (IREM) and the IREM Foundation, aided by financial support from Yardi Systems and the Realtors[R] Commercial Alliance (RCA) of the National Association of Rea . . .

Raise shields!(NEW PRODUCTS)(Brief article)
AIR-SHIELD LMP from W. R. Meadows is a moisture barrier that cures to form a tough, seamless, elastomeric membrane to prevent air and water leakage. It may be applied to most common surfaces and int . . .

Frog fastener.(NEW PRODUCTS)(Paintblock Technology)(Brief article)
Frog Tape is a patented masking tape with Paintblock Technology, which creates a micro barrier along the edges of the tape. It prevents paint from bleeding and leaves clean lines with no need for re . . .

Solar powered sync up.(NEW PRODUCTS)(Meraki Solar )(Brief article)
Meraki Solar is a self-powered WiFi mesh device. Powered by its own solar panel and solar-charged battery, the Meraki Solar is completely energy independent, making it ideal for providing WiFi cover . . .

High-tech hinge.(NEW PRODUCTS)(Brief article)
SELECT Hinges' SL57 hinge is designed for retrofit applications on high-traffic doors. Ideal for repairing sagging doorways equipped with electrical devices, the SL57 hinge is a full-surface geared . . .

Last-minute mission: unbelievable or outrageous true stories about everyday experiences in real estate management.(CAN YOU TOP T
Picture this. ... a brand new construction of luxury apartment homes with residents eager to move in. After falling behind schedule, the development company was finally ready to turn over the buildi . . .

Put spring in your step.(PRESIDENT'S INSIGHTS)(Institute of Real Estate Management)
SPRING IS FINALLY JUST AROUND THE CORNER, BUT AS WE PREPARE TO LEAVE THE WINTER WEATHER BEHIND US, THE ECONOMIC "WINTER" CONTINUES. Many of us are navigating through the frosty storms of professiona . . .

First non-vegetative green roof completed in Washington, D.C.(INDUSTRY NEWS & NOTES)(Brief article)
The first non-vegetative green roof in Washington, D.C. was recently unveiled on Bon Wit Plaza, an apartment building which rents 70 percent of its units to George Washington University students. Th . . .

Foreclosure filings up a record 81 percent in 2008.(Brief article)
U.S. foreclosures rose by more than 81 percent in 2008, a record, according to a Realty Trac report released in January. More than 3.1 million foreclosure filings (or one out of every 54 households) . . .

Commercial developers seek bailout.(INDUSTRY NEWS & NOTES)(Brief article)
The Wall Street Journal reported in early January that a dozen of the country's largest commercial real estate developers sent a letter to then U.S. Treasury Secretary Henry Paulson seeking assistan . . .

Survey indicates drop in apartment demand.(INDUSTRY NEWS & NOTES)(Brief article)
According to the latest Quarterly Survey of Apartment Market Conditions by the National Multi Housing Council (NMHC), job loss and the recession have reduced demand for apartments. The survey noted . . .

New sustainability standard approved for multifamily properties.(INDUSTRY NEWS & NOTES)(Brief article)
The American National Standards Institute (ANSI) approved a new National Green Building Standard (NGBS) on Jan. 9, 2009. It is the first, and only, ANSI approved standard for multifamily residential . . .

New survey says green building programs are on the rise.(INDUSTRY NEWS & NOTES)(Brief article)
Since 2003, the number of counties with green-building programs has risen from eight to 39, according to a study by the American Institute of Architects (AIA). The trade group's study, "Local Leader . . .

One man's theology.(QUOTABLES)
"One man's theology is another man's belly laugh." --ROBERT A. HEINLEIN, AMERICAN WRITER . . .

The length.(QUOTABLES)
"The length of a film should be directly related to the endurance of the human bladder." --ALFRED HITCHCOCK, ENGLISH DIRECTOR . . .