Journal of Property Management

Browse past and current articles from this publication.

Market crises Lead to drop in property values.(knowitall)(Brief article)
With a trickle-down series of market crises following on the heels of the housing market woes of this past year, cash-flow projections for commercial and residential properties are being greatly red . . .

Retail vacancies rise with store closings.(knowitall)
According to a recently released survey from the International Council of Shopping Centers (ICSC), retail store closings are on the rise, but stores in densely populated urban areas will continue to . . .

Soaring sublease trend may lead to rent decline.(knowitall)(Brief article)
Landlords across the nation are competing for tenants, not only with other property owners, hut also with ten ants offering space at exceptional rates for subleases. While the amount of subleases av . . .

Adopt-A-Watt.(ecotalk)(Brief article)
A new program encourages businesses and groups to pay towns to switch to alternative energy. Modeled after the successful Adopt-a-Highway acknowledgment program, the National Adopt-A-Watt Program op . . .

Home buyers looking for less space, more green.(ecotalk)(Brief article)
A new survey reveals that people are opting for less space when constructing their homes and instead are focusing on more energy-efficient options. The report, issued by the American Institute of Ar . . .

Green roofs on the rise in urban areas.(ecotalk)
Construction of green roofs grew 30 percent in North America last year, according to the third annual Green Roof Market Industry Survey. Due to their cost, they appear primarily on public and commer . . .

Quotables.(Quotation)
"Always leave enough time in your life to do something that makes you happy, satisfied, even joyous. That has more of an effect on economic well-being than any other single factor." Paul Hawken, E . . .

Symbol of sophistication: the Driskill Hotel is an Austin icon that highlights the city's history and growth.(Famous Properties)
Just five blocks away from the Texas State Capitol building in Austin, Texas, stands the Driskill Hotel--a local treasure whose Victorian palace-like presence has become a long-standing symbol of Au . . .

Fast Facts.(Brief article)
* In Tokyo, Japan, a bicycle is faster than a car for most trips of less than 50 minutes. * When glass breaks, the Cracks move faster than 3,000 miles per hour. To photograph the event, a Camera m . . .

Search me.(knowitall)(Website overview)(Brief article)
RealFacts is a research organization and database publisher specializing in the muitifamily housing market. The Web site offers a database of more than 12,336 complexes and more than 3 million apart . . .

Southern states see growth in non-residential market despite economic stalls and overbuilding.(regionaloutlook)
Overbuilding and a general eco nomic slowdown are affecting residential property development in five contiguous states: Alabama, Arkansas, Kentucky, Mississippi and Alabama. Fewer new properties are . . .

Stop working and start thinking; turn off your auto-responder for better results.(goodtogreat)
To do your best work, sometimes you have to not work. Yes, a negative that is a positive. Do you take time to stop working and start thinking? If you don't, you may not be getting the best results y . . .

Ethics for new managers: Start your reputation right by upholding professional principles.(higherground)
Open any news publication or watch virtually any news program today and you will find someone who appears to have made a bad judgment in dealing with their family or their business. While it may see . . .

Professionally speaking; Take the opportunity to deliver presentations.(new you)
After attending a recent Toast-master's meeting for the first time, I felt confident enough to enter a competition to speak on an impromptu subject chosen by a panel of professional speakers. Subseq . . .

Cost segregation; Recovering costs to maximize income tax savings.(coveryourassets)
Every property and asset manager has the responsibility to continually improve the cash flow and value of the assets for which they are responsible. With several federal tax court decisions, we now . . .

Coming up green; IREM[R] members shares Energy-saving retrofitting options that provide financial returns.(special feature)
retrofitting existing properties into sustainable, green buildings isn't an easy task, but it is one that can offer substantial payback for your properties. Simply by shifting your focus from obtain . . .

Managing properties in a fast paced world; How to make communication & customer service a priority.(feature)
it's late Friday afternoon and you are running behind for a dinner meeting with a major client. You have to give a presentation on Tuesday, your best property manager just resigned and budgets are d . . .

Going Paperless: Online processing breeds multiple advantages.(feature)
The real estate industry is moving into a leverage and extend mode. This refers to the growing trend among commercial and residential property owners and managers to get the best possible value from . . .

Mind your generation; knowing what makes generations tick is key to your marketing and leasing success.(feature)
Apartment Avaiable: Newly rehabbed loft in a great location! Amenities include a swimming pool, fitness center parry room, dog run and new stainless Steel appliances Close proximity to public transp . . .

Revitalizing vintage buildings; IREM AMO[R] firm DARO keeps history alive in a contemporary marketplace.(case study)(Case study)
IN A TIME WHEN MOST PEOPLE ARE IN SEARCH OF THE LATEST GADGETS, FASHION, EARS & EVEN HOME TRENDS, SOME OWNERS & MANAGEMENT COMPANIES ARE LEFT WITH A QUESTION TO ASK THEMSELVES: "What can I possibl . . .

Landing the deals.(what'sup?)
* Levin Management Corporation, AMO[R], has been named managing and leasing agent lor Monroe Plaza, a 156,000 square-foot-community shopping center in Monroe, N.Y. The property is controlled by New . . .

Awards & recognition.(what'sup?)(Brief article)
Patriot Residential Management Services in Jacksonville, Fla., has earned the ACCREDITED MANAGEMENT organization" (AMO[R]) Accreditation from IREM. The AMO accreditation is awarded to real estate fi . . .

RVP Corner: Greening your properties.(what's up?)(Interview)
In RVP Corner, JPM shares the thoughts and opinions of an IREM Regional Vice President on a single topic covered in the current issue. [ILLUSTRATION OMITTED] Joseph Greenblatt, CPM[R], of San Di . . .

AMO spotlight.(What's up? )(Accredited Management Organization)
To earn the ACCREDITED MANAGEMENT ORGANIZATION[R] (AMO) designation from IREM, a company must demonstrate a high level of performance, experience and financial stability, and have a CPM[R] in an exe . . .

Course Listings.(What's up?)(List)
NOVEMBER ASM603 November 3-4 Houston ASM603 November 3-4 Scottsdale, Ariz. MPSAXM November 3-6 Los Angeles MPSAXM November 3-6 . . .

Judith Surbuts, CPM[R].(Career Moves)(Balboa Management Group)(Brief article)
* Judith Surbuts, CPM[R], was recently appointed president of Balboa Management Group, a full service association management company in Anaheim, Calif. Surbuts previously served as vice president of . . .

Ashley Monroe.(Career Moves)(Lane Management, LLC)(Brief article)
* Ashley Monroe, has been appointed regional vice president for Lane Management, LLC, part of the Lane Company, AMO[R]. in Atlanta. Monroe will supervise the management of multifamily rental communi . . .

Lynn Cassell, CPM.(Career Moves)(Columbia Residential Property Management)(Brief article)
* Lynn Cassell, CPM, has been promoted to president of Columbia Residential Property Management in Atlanta. Cassell previously served as vice president of the company. She joined Columbia in Septemb . . .

On the road again.(Calendar)
November 19 Connecticut Chapter No. 51 Location: West Hartford, Conn. Visiting Officer: Karen Hodge, Senior Vice President [ILLUSTRATION OMITTED] November 20 East Tennessee Chapter No. 5 . . .

In memoriam: William A. Walters, CPM[R] and Past President of IREM.(Institute of Real Estate Management)(Obituary)
IREM Past President William Walters, Jr., CPM[R], passed away in July. Walters served as IREM President in 1971, at a time when IREM leaders knew they needed long-range goals to ensure the Institute . . .

Know your IREM code of professional ethics.(Institute of Real Estate Management)
Article 11: Equal Opportunity by Susan J. Louie, CPM As IREM Members and REALTORS[R], we have all sworn to uphold the code of ethics for each respective organization. One of the more interesting a . . .

IREM Foundation develops: a culture of personal giving.(news)
The IREM Foundation relies upon the generosity of its members to provide funding for core programs. Over the years IREM Members have been asked to support the foundation by including a donation with . . .

Brand New bag.(market solutions )(Webster Industries' ReClaim)(Brief article)
Webster Industries' ReClaim brand and private label trash bags are the first and only trash bags to achieve third-party certification from Scientific Certification Systems (SCS) for state-of-the-art . . .

Send in the Reinforcements.(market solutions)(Ultra Jamb Reinforcer)(Brief article)
The Ultra Jamb Reinforcer, from Structural Protective Products, Inc., is an indestructible steel plate that stops screen doors and storm doors from ripping out door jambs by reinforcing the area whe . . .

Pipe Dreams.(market solutions)(ACE Duraflo Systems' ePIPE system)(Brief article)
ACE Duraflo Systems' ePIPE system is a patented, "in-place" epoxy-based pipe restoration technology that restores failing copper and encrusted, galvanized pipes to like-new condition without the ext . . .

Join the Club.(market solutions)(Club Cat's Carryall "LSV")(Brief article)
Club Cat's Carryall "LSV" electric vehicles offer a zero-emission, street-legal, compact alternative to gas-guzzling utility trucks. Carryall LSVs feature a new alternating current, electric drive s . . .

Leading the way: IREM presidents guide the institute to strength and success.(Institute of Real Estate Management)
IREM is thriving today for many reasons, chief among them the outstanding and dedicated leadership that has been a hallmark of the Institute's history. In the last 75 years, IREM's presidents have r . . .

Today's IREM leaders: the following individuals will have the honor of serving as IREM president in the upcoming years.(Institut
Pamela W. Monroe, CPM [R] 2008 IREM President-Elect | 2009 IREM President Pamela W. Monroe, CPM, is the 2008 President-Elect for IREM. With more than 25 years of professional industry experience . . .

Office of the president.(LEADERSHIP)
Having the opportunity to serve as an IREM President has profoundly affected the lives and business practices of past IREM leaders. In honor of this, JPM asked past presidents to share the lasting i . . .

The City Federal Building.(Brief article)
The City Federal Building in Brimingham, Ala., was originally called the Jefferson County Savings and Loan Building when it was built in 1913. The name was changed in 1913. Synergy Realty Services s . . .

IREM is built on Ethics: for 75 years the Institute and its members have subscribed to the highest standards.(Institute of Real
Today the Institute of Real Estate Management is best known for education. However, it is important to remember that IREM was formed on a foundation of ethical business practices in the management o . . .

Faculty drive the high education standards of the Institute.(Institute of Real Estate Management)
IF ETHICS AND EDUCATION STAND FOR CORE VALUES OF THE INSTITUTE, THEN THOSE RARE AND TALENTED INDIVIDUALS WHO TEACH IREM EDUCATION COURSES PROVIDE THE MEANS BY WHICH THE INSTITUTE CAN TRAIN REAL ESTA . . .

The Financial Plaza.(Photograph)
The Financial Plaza of the Pacific in Honolulu, Hawaii was the first office condominium built in the U.S. This photo was originally printed in the January/February 1973 issue of JPM. . . .

Living a legacy.(Bob Britigan)(Interview)
One of the most interesting and historic aspects of IREM is the number of families who have been a part of the Institute for generations. Many of these families have been active in real estate since . . .

The Lum family: connecting with the common man.(Interview)
THE STORY OF THE LUM LEGACY IN REAL ESTATE BEGAN IN THE LATE 19TH CENTURY, A TIME WHEN THE UNITED STATES WAS GROWING AT A DRAMATIC RATE. Industrial expansion and population growth were radically cha . . .

The Nordblom family: discovering the past.(LEGACY)(Interview)
UNTIL THIS YEAR, WIN NORDBLOM DIDN'T QUITE REALIZE HOW FAR REACHING HIS FAMILY LEGACY WAS. A third generation CPM [R] and president of IREM Boston Chapter No. 4, Nordblom recently discovered his fam . . .

The Watts family: reputation & resilience.(Interview)
THE WATTS HAVE BEEN A PART OF IREM FOR THREE GENERATIONS, BUT THE FAMILY CALL TO REAL ESTATE FIRST CAME NEARLY 30 YEARS BEFORE THE INSTITUTE EVEN EXISTED, AT THE TURN OF THE 20TH CENTURY. [ILLUSTR . . .

The Woodbury family: history repeats.(LEGACY)(Interview)
IN THE FALL OF 2009, O. RANDALL "RANDY" WOODBURY, CPM, WILL BECOME PRESIDENT OF IREM, EXACTLY 50 YEARS AFTER HIS GRANDFATHER ACCEPTED THE SAME POSITION OF LEADERSHIP. [ILLUSTRATION OMITTED] From . . .

The Toothaker family: hard work & good returns.(LEGACY)(Interview)
IN THE LATE 1970s A GROUP OF INVESTORS IN NORTHERN INDIANA WERE FORMING TO INVEST IN MULTIFAMILY BUILDINGS. AND THEY NEEDED SOMEONE TO MANAGE THE PROPERTIES. At the time, Robert "Bob" B. Toothaker h . . .

Rowes Wharf.(Brief article)
Rowes Wharf, a renowned mixed-use property, is located on the waterfront in Boston's Seaport district. Rowes Wharf hosts a number of special events year-round, from ice cream socials for tenants to . . .