Journal of Property Management

Browse past and current articles from this publication.

The IREM foundation through the years.(FOUNDATION)(Institute of Real Estate Management)
THE INSTITUTE OF REAL ESTATE MANAGEMENT FOUNDATION WAS INCORPORATED WITH THE STATE OF ILLINOIS IN 1977 AND IN SEPTEMBER OF THAT YEAR WAS GRANTED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERV . . .

Connecting our community IREM chapters encourage and unite members on many levels.(CHAPTERS)
AS IREM CELEBRATES ITS 75TH ANNIVERSARY AS AN INTERNATIONAL ORGANIZATION SERVING PROPERTY AND REAL ESTATE MANAGERS THROUGHOUT THE WORLD, IT IS IMPORTANT TO TAKE A LOOK AT THE ROLE ITS 80 U.S. AND EI . . .

Across the borders: IREM's international program expands to include a global market.(Institute of Real Estate Management)
TRAVEL AROUND THE WORLD TODAY AND YOU WILL FIND, OUTSIDE THE UNITED STATES, NEARLY 1,400 INDIVIDUALS IN 37 COUNTRIES WHO HOLD, OR ARE CANDIDATES FOR, AN IREM CREDENTIAL--CPM [R], ARM[R], or ACCREDIT . . .

History unfolds: a look back at events & fads that shaped the world and IREM throughout the last 75 years.(Institute of Real Est
1930 The first Mickey Mouse comic strip is published in the New York Mirror. President Hoover says the worst effects of the Depression will be over within 90 days. [ILLUSTRATION OMITTED] 193 . . .

Technology in real estate: a 75-year March of progress.
IT'S AMAZING--THE MASSIVE EXPANSION OF TECHNOLOGY'S REACH ACROSS ALL ASPECTS OF HUMAN ENDEAVOR THROUGHOUT THIS LAST CENTURY, FROM TRANSISTORS TO SPACE FLIGHT TO COMPUTERS AND HAND-HELD ELECTRONIC DE . . .

The next 25 years ...: what's ahead for the real Estate industry & ITEM.
TIME CAN BE A MEASURE OF OUR EXPERIENCES AND OUR PROGRESS--A COMPANION IN OUR PERSONAL AND PROFESSIONAL LIVES THAT REMINDS US NOT OF WHAT WE'VE ACCOMPLISHED, BUT HOW WE HAVE LIVES. From its inceptio . . .

The 70-year-old art-deco Fox theater in Spokane.(Brief article)
The 70-year-old art-deco Fox Theater in Spokane, Wash., was rescued from demolition and restored thanks to a grassroots effort by the community. Photography [C] Fox Theater . . .

IREM past national presidents.(Institute of Real Estate Management)
[ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] [ILLUSTRATION OMITTED] . . .

Congratulations: 75th anniversary wishes IREM receives congratulatory letters from leaders across the United States.
JPM is pleased to acknowledge the congratulatory letters received from various governors, senators, state representatives and mayors from around the United States. Many chapter members banded togeth . . .

This is our time: celebrating IREM accomplishments and new endeavors.(Institute of Real Estate Management)
It's hard to believe, but here we are, officially into the second half of 2008. Even though time has flown by for many of us, we surely can admit it's been a bit of a roller coaster year with the ho . . .

2008 IREM and CCIM Institute Capitol Hill visit day a success.(Institute of Real Estate Management)(Brief article)
IREM and CCIM Institute Members joined together to lobby their legislators on April 16. A combined total of more than 275 commercial real estate professionals, including 250 IREM Members, participat . . .

Additional license now required for Virginia condominium managers.(insession)(Brief article)
Pursuant to legislation that became law on April 23, 2008-without the governor's signature--Virginia will now require separate licenses for common interest development (CID) managers. Beginning Janu . . .

State legislatures pass energy-efficiency legislation.(insession)(Brief article)
The federal and state governments are addressing energy use as a result of rising concerns over climate change and higher fuel prices. States have become increasingly more active in adopting energy- . . .

Immigration law update.(Brief article)
In response to Congress' inaction on immigration reform, state legislatures have been considering a record number of proposals related to immigration. Commercial real estate professionals are partic . . .

Gear up for digital TV transition.(insession)(Brief article)
Under federal law, American television stations must end their analog broadcasts and begin broadcasting exclusively in a digital format on February 17, 2009. Any consumers who receive free, over-the . . .

IREM adopts statement of policy on energy emission trading.(Institute of Real Estate Management)(Brief article)
One option for reducing pollution and greenhouse gas emissions is a program called emissions trading, or "cap and trade." This type of program provides economic incentives to achieve reductions in e . . .

Office market on uneven ground.(Brief article)
The U.S. office vacancy rate rose upward for the second consecutive quarter--after nearly five years of rising occupancy. New office developments also came online during the first quarter, further a . . .

Shopping centers head down to Mexico.(Brief article)
With a sluggish economy continuing in the United States and a growing middle class in Mexico in need of suburban-style retail property, some of the largest shopping center developers from the United . . .

Housing markets remain volatile into 3rd quarter.(Brief article)
Experts remain divided on whether the housing market has hit the bottom, as the commerce department estimates that U.S. home builders broke ground on 8.2 percent more homes in April, led by a 36 per . . .

LEED buildings net higher rents.(ecotalk)(Brief article)
Two recently released studies revealed third-party certified buildings outperform their conventional counterparts on areas like energy savings, occupancy rates, sale price and rental rates. One stud . . .

Texas A&M sets trend in campus conservation.(ecotalk)(Brief article)
Texas A&M University has become a leader in campus conservation, cutting its total water consumption by 53 percent over the past 16 years and energy consumption by 20 percent over the last five year . . .

New web tool helps business go green.(Brief article)
Small and mid-sized businesses can now track their greening options with a Web-based tool. The "Greening Advisor"--a free service developed by the Natural Resources Defense Council, one of the natio . . .

"Quotables".(Quotation)
"If you don't like something, change it. If you can't change it, change your attitude. Don't complain," Maya Angelou, American Poet "The best thing about the future is that it comes one day at a . . .

The art of sustainability; MCA Denver showcases the latest and the greatest in contemporary art and green design.
On the outside, the Museum of Contemporary Art (MCA) in Denver is a discreet, coolly elegant structure. Inside, however, visitors are welcomed by an explosion of innovative space dedicated to showca . . .

Fast facts.(Brief article)
* The human head contains 22 bones. * More than 5 billion crayons are produced each year. * One in 10 people live on an island. * Paul Revere never actually completed his journey. [ILLUSTRAT . . .

Search me.(knowitall)(Brief article)
The Rental Space Network is an online property management tool used to help property managers and tenants connect in all aspects of leasing. The site is made up of more than 250 different keyword-sp . . .

Pulse points.(Brief article)
Log on to www.irem.org/jpm to answer our online survey. Real-time results will appear on the site. [ILLUSTRATION OMITTED] The results are in from last issue's poll Have you implemented any water . . .

High demand for real estate in Russia creates need for property managers.(regionaloutlook)
Thanks to a burgeoning economy, Russia's real estate market has been experiencing a steady growth for eight years. The amount of investment has nearly tripled in the last two years alone and the dem . . .

Online leadership assessments: using technology to facilitate performance feedback.
Despite its limitations in evaluating certain human characteristics, technology can successfully facilitate leadership development. Two of the most notable areas where technology supports this devel . . .

Making the switch: moving from residential to commercial real estate requires new approach.
I was recently asked, "What is your first memorable experience in commercial real estate?" Having been in the industry only two years, the query made me pause and consider my response. My current . . .

True value: ethics are the heart of a company's core.
Whether by design or by default, every organization has a culture. When viewed as the manifestation of the intentionally defined core values of an organization, the culture helps define how employ . . .

Occupancy doesn't matter: improve your profits by turning your staff's attention to what does.
Most property managers watch occupancy reports like a howk watches a mouse in a field. Which way is it going? Where will it go next? Property management has been concentrating on occupancy rates f . . .

Live to learn: professional development after your IREM education.(Institute of Real Estate Management)
ONE OF THE GREATEST AND MOST FREQUENTLY DOCUMENTED CHALLENGES FACING OUR INDUSTRY TODAY IS A PROJECTED SHORTAGE OF HUMAN CAPITAL While IREM is proudly celebrating its 75th anniversary this year, mos . . .

Every drop countsl: water conservation is a smart and sensible way to reduce energy costs.
Today, building owners and property managers across the country are focusing on water efficiency to achieve cost savings and demonstrate a commitment to green policies. Although water and sewer cost . . .

Tools of the online trade: make Internet ads work without breaking your budget.
As both a marketing assistant for a property management firm and a renter, Jacki Vipond knows the value of free online classifieds. In her job with Christopheson Properties, St. Louis Park, Minn., s . . .

Road to recovery: new software solutions boost expense recovery calculations by Catherine Malear, Yardi Systems.
Commercial and retail property owners and managers collect estimated costs from tenants and assess a percentage of the hard costs for each tenant. Sounds simple, but it's not. Complications abound, . . .

Reduce. reuse. recycle. Cut your costs with office recycling ... just have your tenants on board first.
Commercial real estate organizations have always looked for ways to reduce costs and in recent years, have begun to look for ways to reduce their environmental impact. However, many of these methods . . .

The celebration continues ...(75th Anniversary Special Section)
IREM staff and Chicago Chapter 23 recently commemorated the institute's 75th anniversary, with a little help from the Blues Brothers! The event, held at IREM headquarters in Chicago, was part of a w . . .

You are never fully dressed without a diamond.(Brief article)
In celebration of our diamond anniver sary, all IREM Members who have paid their 2008 dues received a 75th Anniversary lapel pin--which is in the shape of a diamond. Wear your diamond with pride t . . .

Upcoming event.(75th)(Brief article)(Calendar)
OCTOBER 16 75TH ANNIVERSARY CELEBRATION AND INAUGURAL GALA No celebration of this magnitude would be complete without a party! We're holding ours in Chicago in the very same hotel we held our fi . . .

A look back at the world in the 1970s & 1980s.(Chronology)
1970-1979 POPULATION > 204,879,000 UNEMPLOYMENT > 4,088,000 NATIONAL DEBT > $382 BILLION AVERAGE SALARY > $7,564 LIFE EXPECTANCY > FEMALES 74.8 YEARS; MALES 67.1 YEARS FOOD PRICES > MILK . . .

Higher learning: how university offerings in real estate education have advanced.
Real estate is a relatively young profession. It began as a reallocation of functions previously performed by other occupational groups on a part-time basis. It wasn't until the early 1900s that the . . .

Condominium success hinges on management.
Ask anyone who has even the slightest knowledge of real estate activity today, "How are condominiums going?" and the answer will probably be: "It's sensational!" From all outward signs, that answe . . .

Viewpoint: the property manager in the 1980s.
It is in the area of human resources that the most significant changes will occur in property management during the remaining years of the 1980s. To meet the challenges of the future, property manag . . .

Landing the deals.(what'sup?)(Brief article)
* Levin Management Corporation, AMO[R], has been named managing and leasing agent for Neptune Shopping Center, a 215,424 square foot retail property in Neptune, N.J. * Cushman & Wakefield, Inc., A . . .

In memoriam.(Obituary)(Brief article)
An influential member in the development of the Institute's Accredited Residential Manager (ARM) program, Jeanne E. Smarte passed away on May 22, 2008 in Williamsburg, Virginia after a long battle w . . .

Dave Domres, CPM[R].(Career Moves)(Irgens Development Partners, LLC)(Brief article)
Dave Domres, CPM[R], was recently promoted to senior vice president of property management at Irgens Development Partners, LLC, AMO[R]. Domres supervises one of the largest property management teams . . .

Georges A. Renaud.(Career Moves)(Montreal Real Estate Group and IREM Quebec Chapter No.37)(Brief article)
Georges A. Renaud, CPM, was recently appointed vice president of the Montreal Real Estate Group in Montreal, Canada, and was named president of the IREM Quebec Chapter No.37. Renaud has been respons . . .

Ken Kruis.(Career Moves)(RiverRock Real Estate Group, AMO)(Brief article)
Ken Kruis has been promoted to chief financial officer for RiverRock Real Estate Group, AMO, in South Coast Metro, Calif. Kruis will be responsible for RiverRock's corporate and joint venture accoun . . .

Steve Core.(Career Moves)(RiverRock Real Estate Group, AMO)(Brief article)
Steve Core, CPM, has been promoted to chief operating officer for RiverRock Real Estate Group, AMO, in South Coast Metro, Calif. Core will oversee management construction, training and property tran . . .