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Journal of Property Management articles from July 2008

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<a href="http://www.highbeam.com/Journal+of+Property+Management/publications.aspx?date=200807" title="Articles and back issues from Journal of Property Management">Journal of Property Management articles</a>

Journal of Property Management back issues from July 2008:

This is our time: celebrating IREM accomplishments and new endeavors.(Institute of Real Estate Management)

Jul 01, 2008; ... 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 housing and lending markets, factors within the economy and new challenges--sustainability in ...

2008 IREM and CCIM Institute Capitol Hill visit day a success.(Institute of Real Estate Management)(Brief article)

Jul 01, 2008 ... 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, participated in the 11th annual event. Members representing 40 states and Washington, D.C., voiced the ...

Additional license now required for Virginia condominium managers.(insession)(Brief article)

Jul 01, 2008 ... 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 January 1, 2009, any person or entity offering management services to a CID must hold a valid ...

State legislatures pass energy-efficiency legislation.(insession)(Brief article)

Jul 01, 2008 ... 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-efficiency measures, as state legislatures across the country work to reduce greenhouse gas ...

Immigration law update.(Brief article)

Jul 01, 2008 ... 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 particularly interested in bills impacting employment and real estate. For instance, the Arizona ...

Gear up for digital TV transition.(insession)(Brief article)

Jul 01, 2008 ... 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-air television programming in their homes could lose reception unless they upgrade by ...

IREM adopts statement of policy on energy emission trading.(Institute of Real Estate Management)(Brief article)

Jul 01, 2008 ... 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 emissions. Under this approach, regulated industries can buy and sell what are, in effect, ...

Office market on uneven ground.(Brief article)

Jul 01, 2008 ... 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 adding to the increase in vacancy rates. While rising rents continue in both downtown and ...

Shopping centers head down to Mexico.(Brief article)

Jul 01, 2008 ... 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 States are finding new opportunities south of the border. [ILLUSTRATION OMITTED] ...

Housing markets remain volatile into 3rd quarter.(Brief article)

Jul 01, 2008 ... 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 percent increase in multifamily units. Housing starts rose to a seasonally adjusted ...

LEED buildings net higher rents.(ecotalk)(Brief article)

Jul 01, 2008 ... 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 study, conducted by CoStar, revealed that LEED buildings command rent premiums of $11.24 per ...

Texas A&M sets trend in campus conservation.(ecotalk)(Brief article)

Jul 01, 2008 ... 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 years. In 1991, the university went through 3.5 billion gallons of water. Last year, it used ...

New web tool helps business go green.(Brief article)

Jul 01, 2008 ... 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 nation's largest environmental organizations--provides a ...

"Quotables".(Quotation)

Jul 01, 2008 ... "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 time," Abraham Lincoln, 16th U.S. President "My ...

The art of sustainability; MCA Denver showcases the latest and the greatest in contemporary art and green design.

Jul 01, 2008; ... 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 showcasing modern art in the most contemporary way through sustainable building design. ...

Fast facts.(Brief article)

Jul 01, 2008 ... * 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. [ILLUSTRATION OMITTED] * Half of the world's ...

Search me.(knowitall)(Brief article)

Jul 01, 2008 ... 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-specific Web sites dedicated to advertising rentals. Property managers and tenants can login ...

Pulse points.(Brief article)

Jul 01, 2008 ... Log on to www.irem.org/jpm to answer our online survey. Real-time results will appear on the site. [ILLUSTRATION OMITTED] <Pre> The results are in from last issue's poll Have ...

High demand for real estate in Russia creates need for property managers.(regionaloutlook)

Jul 01, 2008; ... 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 demand for property managers is on the rise. "The market is incredibly active," said ...

Online leadership assessments: using technology to facilitate performance feedback.

Jul 01, 2008; ... Despite its limitations in evaluating certain human characteristics, technology can successfully facilitate leadership development. Two of the most notable areas where technology supports this development are leadership assessments and training. Over the past few years, many of ...

Making the switch: moving from residential to commercial real estate requires new approach.

Jul 01, 2008; ... 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 role centers on property management, so the answer wouldn't be closing my first big ...

True value: ethics are the heart of a company's core.

Jul 01, 2008; ... 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 employees interact with each other, their clients and the world around them. ...

Occupancy doesn't matter: improve your profits by turning your staff's attention to what does.

Jul 01, 2008; ... 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 for so long that it is the major prey in our sights, yet a larger more telling one ...

Live to learn: professional development after your IREM education.(Institute of Real Estate Management)

Jul 01, 2008; ... 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, most people are just beginning to recognize the importance of professional training for ...

Every drop countsl: water conservation is a smart and sensible way to reduce energy costs.

Jul 01, 2008; ... 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 costs can be one of the lowest bills for property managers and building owners in certain parts ...

Tools of the online trade: make Internet ads work without breaking your budget.

Jul 01, 2008; ... 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., she posts ads every day to market apartments on Craigslist.com, perhaps the nation's most ...

Road to recovery: new software solutions boost expense recovery calculations by Catherine Malear, Yardi Systems.

Jul 01, 2008; ... 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, including varying numerators and denominators, base years, caps, gross-ups, management fees ...

Reduce. reuse. recycle. Cut your costs with office recycling ... just have your tenants on board first.

Jul 01, 2008; ... 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 don't ask for support from the property's employees. [ILLUSTRATION OMITTED] ...

The celebration continues ...(75th Anniversary Special Section)

Jul 01, 2008 ... 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 week-long staff celebration. To view photos from the event, please visit ...

You are never fully dressed without a diamond.(Brief article)

Jul 01, 2008 ... 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 ...

Upcoming event.(75th)(Brief article)(Calendar)

Jul 01, 2008 ... 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 ...

A look back at the world in the 1970s & 1980s.(Chronology)

Jul 01, 2008 ... 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 33 CENTS A QUART; BREAD 24 CENTS A ...

Higher learning: how university offerings in real estate education have advanced.

Jul 01, 2008; ... 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 first real estate boards were formed to address problems with fraud and land speculation ....

Condominium success hinges on management.

Jul 01, 2008; ... 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 answer is true from many parts of the country, and "condominium fever" sweeps the land ....

Viewpoint: the property manager in the 1980s.

Jul 01, 2008; ... 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 management will require expertise in physical maintenance, in marketing, and in financial ...

Landing the deals.(what'sup?)(Brief article)

Jul 01, 2008 ... * 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., AMO is collaborating with JRT Realty Group, Inc. to lease and manage 470 Park Ave ....

In memoriam.(Obituary)(Brief article)

Jul 01, 2008; ... 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 with breast cancer. During the 23 years that she was an IREM Member Jeanne enjoyed a notable ...

Dave Domres, CPM[R].(Career Moves)(Irgens Development Partners, LLC)(Brief article)

Jul 01, 2008 ... 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 in the Milwaukee area, a group of professionals who manage more than 70 properties totaling ...

Georges A. Renaud.(Career Moves)(Montreal Real Estate Group and IREM Quebec Chapter No.37)(Brief article)

Jul 01, 2008 ... 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 responsible for the management, leasing and marketing for a diversified portfolio of shopping ...

Ken Kruis.(Career Moves)(RiverRock Real Estate Group, AMO)(Brief article)

Jul 01, 2008 ... Ken Kruis has been promoted to chief financial officer for RiverRock Real Estate Group, AMO, in South Coast Metro, Calif. Kruis will ...

Steve Core.(Career Moves)(RiverRock Real Estate Group, AMO)(Brief article)

Jul 01, 2008 ... Steve Core, CPM, has been promoted to chief operating officer for RiverRock Real Estate Group, AMO, in South Coast Metro, Calif. Core will oversee ...

RVP Corner: water conservation.(Regional Vice President Brett Koutnik)(Interview)

Jul 01, 2008 ... In RVP Corner, JPM shares the thoughts and opinions of an IREM Regional Vice President on a single topic covered in the current issue. As Region 4 Vice President, Brett Koutnik, CPM[R], oversees the activities of the five IREM Chapters in Florida and Georgia. He's also a senior ...

AMO[R] spotlight.(ACCREDITED MANAGEMENT ORGANIZATION )

Jul 01, 2008 ... To earn the ACCREDITED MANAGEMENT ORGANIZATION (AMO) designation from IREM, a company must demonstrate a high level of performance, experience and financial stability, and have a CPM[R] in an executive position. AMO firms must meet high ethical standards and other stringent requirements, ...

RVP watch.(Regional Vice Presidents)(List)

Jul 01, 2008 ... IREM announces the 2009-2010 Regional Vice Presidents. They were elected at the Leadership and Legislative Summit in April, and will serve for a two-year term. Region 2-Jesse Holland CPM[R] Sunrise Management & Consulting, AMO Latham, N.Y. ...

JPM articles translated for international members.(List)

Jul 01, 2008 ... 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 "fear no change," by Larry Schwenker from the May/June 2008 issue of JPM, on the foreign language ...

View from the Hill: One IREM member shares her Capitol Hill experience.(Institute of Real Estate Management)

Jul 01, 2008; ... On April 16, 275 IREM and CCIM Members attended 220 meetings representing 40 states at IREM's 11 th annual Capitol Hill Visit. I was one of those IREM Members. The trek to Capitol Hill was the culmination of IREM'S Leadership and Legislative Summit where national committees met, ...

Course listings.(Calendar)

Jul 01, 2008 ... <Pre> JULY RES201 July 17-26Las Vegas RES201 July 17-22Jacksonville, Fla. ETH800 July 17 Harrisburg, Penn. AUGUST MKL406 August 4-5Omaha, Neb. RES201 August 4-9Omaha, Neb HRS402 August 6-7...

On the road again.(Calendar)

Jul 01, 2008 ... July 15 Idaho Snake River Valley Chapter No. 107 Location: Boise, Idaho Visiting Officer: Reggie Mullins, President [ILLUSTRATION OMITTED] July 24 Madison Chapter No. 82 Location: Madison, Wis. ...

IREM Foundation supports student and Academic Outreach initiatives.(Institute of Real Estate Management)

Jul 01, 2008 ... The threat of a talent shortage within the real estate management industry looms on the horizon. According to the U.S. Department of Labor, the need for real estate managers is expected to increase by 15 percent during the 2006-2016 decade. Along with a reduced number of ...

Raise the roof: green roofing options offer lower energy costs and better aesthetics.

Jul 01, 2008; ... ENERGY EFFICIENCY AND ENVIRONMENTALLY SOUND DESIGNS ARE BECOMING INDUSTRY STANDARDS. AT THE SAME TIME, MANY CORPORATIONS AND MUNICIPALITIES ARE REQUIRING GREEN AND SUSTAINABLE PRACTICES THROUGHOUT THEIR BUILDINGS. In this environment, you must always seek ways to improve the performance of ...

Protect your deck.(marketsolutions)(Brief article)

Jul 01, 2008 ... Don't let inclement summer weather ruin the design of your natural stone and masonry surfaces. Deck-O-Shield is designed for use as a sealer/water repellent on waterfalls in or around swimming pools. The product limits the penetration of water into structurally sound, crack-free surfaces ....

Behind the door.(Brief article)

Jul 01, 2008 ... Besam Entrance Solutions' new RD4M manual revolver offers consumers an energy efficient speed control for revolving doors. The electro-mechanical control keeps a door in a rest position until a user activates it, significantly reducing energy consumption and lowering the rate of air ...

Lawn maintenance made easy.(Brief article)

Jul 01, 2008 ... Keeping the lawn and vegetation at your properties is vital to your curb appeal, but tangled and jammed string trimmer lines can make the task more time consuming and costly than necessary. That's where American Twister comes in. This system is a stringless system that fits virtually all ...

A better view.(Brief article)

Jul 01, 2008 ... Imagine every location in your building catalogued visually with 360 degree, zoomable, panoramic photos that match specific locations on the floor plan. With each click, a disaster plan and security information appear for quick review along with live video feeds accessible from remote ...