4th quarter 2014 irem infocus newsletter

Institute of Real Estate Management www.iremoregon.org Page -1- Oregon-Columbia River Chapter No. 29 Winter, 2014 Edition

1215 E. Powell Boulevard | Gresham, OR 97030 503.228.0002 phone | 503.512.8745 fax www.iremoregon.org | website www.irem.org | national website

A real estate-focused publication from

your Chapter No. 29 of the Institute of

Real Estate Management


3 President’s Message

5 Chapter News & Events

6 Friends of IREM® Appreciation

Event Highlights

7 IREM® Education—2015

8 3 NEW IREM® Courses!

9 REGISTER NOW for the Real

Estate Event of the Year…

IREM®’s 27th Annual

FORECAST BREAKFAST!

10 Celebrate our 2014

Volunteers at our Inaugural

Party in the Pearl!

11 Introducing IREM®’s 2015 Board of Directors and

Volunteers!

12 Everything

Multi-Family

13 On-Line Shopping:

Transforming the Apartment

Industry??

14 Residents who HOARD...

15 Office Chatter

20 Loss to Lease Concessions—

What’s the Difference?

17 Inside the World

of Retail

18 SEARS Holdings leasing to

PRIMARK

19 Anything!

20 EBOLA...Information and

Resources

21 News and Events from Multi-

Family NW

23 MEGA issues Affecting Investment

Real Estate

24 Your Next Move to a

Rewarding Career!

25 Highlighting our 2014 FRIENDS

of IREM®

26 Local Chapter Member

Publishes IREM®’s latest White

Paper

27 9-Volt Battery Safety

PAGE

PAGE

OREGON -COLU MBIA RIVER CHAPTER NO. 29

Give us

your

articles &

expertise—

let us hear

from YOU!!


OR EGO N -CO LU M BI A R I VE R C H APT ER N O. 2 9

Cammie Allie, CPM®, ARM®, 2014 IREM® Chapter President

Members, Friends and Colleagues: Can you believe how fast this year has flown by? Soon we will be preparing for the upcoming Holiday season and wrapping up the year with our 27

th Annual

IREM® Forecast breakfast on December 4, 2014. This will surely

be an event to remember as we add yet another component to the Fireside chat that was presented last year. Join us as we also add development to our line-up of real estate professionals. If you haven’t signed up yet, I encourage you to do so early to guarantee the best seating. Seating will be on a first-come, first-served basis. Don’t delay to ensure that you and your guests get the best seats in the house for this “must attend” event of the year!

This last quarter brought a lot of continued change and excite-ment to our chapter. In August we brought you our annual si-

lent auction, and added a “reunion” component. I was thrilled to see ten past presidents of our chapter represented at this event! And what a success—we raised over four thousand dollars to benefit JOIN, our Scholarship fund, and our chapter. These funds enable us to continue offering quality events—providing you with education, memories and value for your membership.

In September we brought you our first Fall Forward event that was specifically

designed to help grow your business and profession-al life. This was hosted in the heart of Portland’s living room at Pioneer Courthouse Square. Although the weather was a bit dicey before the event began, the sun came out and stayed with us through the event. Lou Radja and Cathey Armillas taught us the real ROI or (IOR….Investment on Relationships). Lou and Cathey both speak Internationally and are in high demand. If you missed their presentation I would

highly encourage you to seek them out as it will change the way you look at not only your profession-al life, but your personal life as well.

Our chapter held two educational offerings this fall: the FIN402 and ASM track series that are

both required courses towards the CPM® designation. We had a record fourteen students in the FIN402 course. That means fourteen new members that will

soon be our next CPM®’s. We are thrilled to add them to our group of distinguished designated professionals in the near future.

Five of your board members were represented in this year’s IREM National

Education conference held in Orlando, Florida. David

Genrich, CPM®, your 2014 President-Elect with

Shorenstein; Traci McCauley, CPM®, your 2015 President-Elect with NAI, Norris Beggs and Simpson;

Julie Muir, CPM®, 2014 National Senior Vice President

with CBRE; Tammy Mills, ARM®, 2014 and 2015 ARM® Chair and National Governing councilor with Fortress Property Management, and myself. We were also honored to have Marylhurst University, Sunny Liston as an honored guest as well!

The theme for this year’s conference was expressed many times throughout the week; partner-ing with the various organizations to continue adding value for our membership. IREM® has a unique stance in that all property types are represented with their designation. Working in conjunction with the various organizations such as BOMA, NAA, ICSC, IFMA, and all the other groups that specialize in one property type or another, is how we will continue to remain relevant. To be inclusive instead of exclusive will be the way of the future on a National level. Creating events and education that reaches more than just our membership, we will continue to create value for all real estate managers and mentor the non-members into attaining the sought after designation that is valued throughout the world.



Cammie Allie, CPM®, ARM®, 2014 IREM® Chapter President

Continued from Page 3...

Speaking of collaborating with other associations...our FRESH event knows all too well the value of that collaboration and the camaraderie it can bring to our profession. Because of its

success, IREM® invited us to share the nuts and bolts of this out-standing event at the conference. And of course, it was a great honor to share that success at one of the leadership training sessions. Working together with other associations, FRESH was created by Jocelyn

Burmester, CPM®, with Wyse Investment Services, Lauren Alkire, now with Lorentz Brunn, and William Elliott, with Elliott Associates Inc. had a vision and teamed up with BOMA, NAIOP, ULI, CREW, and ICSC, to create this “super” event held at the end of January, 2013 which attracted over 150 attendees its first year. This past January, the 2nd annual FRESH event sold out the venue at over 300 attendees. This particular event not only earned our chapter an

award for its originality, but IREM® is encouraging all chapters to try an event of this type! I want to extend my personal thank you to these fine individuals who created and implemented this innovative event and helped bring much-appreciated recognition to our chapter.

This year’s FRIENDS of IREM® appreciation night was held at Vie de Boheme. With an “old-world Bohemian” atmosphere, it was the perfect venue to

thank our FRIENDS of IREM® who give to our industry all year long. Their membership and sponsorships

make it possible to bring quality events that make a difference—professionally and personally. We can’t thank them enough for all that they do! Remember

to refer to our FRIENDS of IREM® list on our website at www.iremoregon.org when you are in need of services on your properties.

If you haven’t already done so, please be sure to sign up for this year’s Inaugural Gala,

“A Night in the Pearl”. We will be thanking our 2014 Board of Directors, our chapter volunteers and

FRIENDS of IREM® and ushering in the 2015 board

under the leadership of David Genrich, CPM®, your 2015 Chapter President. I am excited to see the direction he leads us as we continue to be new and innovative, giving your membership value.

It has truly been an honor to serve our Chapter as your President and I thank you for allowing me the opportunity to make a difference in all of your lives. We have a great responsibility to

carry on the IREM® message, and I am confident that your elected officials will be leading you well into the future. Much success and happiness for a wonderful holiday season. I look forward to seeing you at the remaining events in 2014. Best,

Cammie Allie, CPM®, ARM®

2014 Chapter President

http://www.iremoregon.org



Chapter news and items of interest from in and around the

Pacific Northwest...



Hello Rainy Season in Oregon! The Friends Appreciation night was a great event. Great food, refreshments and networking! We had a good turnout of both Property Managers and Friends in a very warm and casual venue. Thank you to those who put the event together and everyone that attended! 2015 is coming fast, and if you have not been involved on a committee recently now is the time to jump in. David Genrich, your 2015 Chapter President, is working hard to put together committees with a strong mix of Friends and members that will continue the success of 2014 under Cammie Allie’s leadership. With your help, we can take IREM® over the top in 2015. I promise, the committees are really pretty fun and your participation will be very painless!

If you need a list of available committee seats available, please contact: Andrew Black, IREM®’s Association Executive at [email protected], or call 503.228.0002.

Your IREM® sponsorship as a Friend of IREM® will give back to you what you put in and more – get involved to help the industry, our chapter and help us create solid relationships along the way. Ask another service provider to join you at the next IREM® event to show them what we are all about. If they join because of your recommendation, you will receive a discount on your sponsorship the following year! See you soon!

By: Mark St. Pierre, Interstate Roofing

Friends of IREM® Committee Chair

Committee Reports


Committee Reports

EDUCATION + Continuing Ed Credits

Thank you to everyone who took a course in 2014. We are excited to share with you the 2015 education calendar for IREM® Oregon-Columbia River Chapter No. 29.

PLEASE REGISTER EARLY!

Don’t forget that IREM® has numerous scholarships available both locally and nationally and if you have previously taken any of the IREM® courses and want to refresh those skills, you can take the course again at 50% off the member price. Not to mention, the IREM® courses can also be used towards your real estate license Continuing Education (CE) credits in Oregon. What a deal! I would like to thank MELISSA JOYE and BILL NAITO COMPANY for donating the classroom space again in 2015! Because of their generosity all of our courses will again be held at the Montgomery Park Building located at 2701 NW Vaughn Street in NW Portland (www.montgomeryparkportland.com). If you have any questions, or if you are in need of additional scholarship information, please feel free to contact me at 503-595-9689 or [email protected] and I will happily assist you in any way that I can.

We hope to see you in class!

By: Kathi Pearce, CPM® 2014/2015 VP of Education


ARM Track (includes ETH 800 course and RES201)

3/9/2015 3/14/2015

MKL406—Leasing and Marketing – Office Buildings

5/5/2015 5/6/2015

ETH800—Ethics for the Real Estate Manager

5/7/2015 5/7/2015

MNT402—Property Maintenance and Risk Management

8/4/2015 8/5/2015

ASM603—Investment Real Estate Financing & Valuation, Part 1

9/14/2015 9/15/2015

ASM604 —Investment Real Estate Financing & Valuation, Part 2

9/16/2015 9/17/2015

ASM605 —Investment Real Estate Financing & Valuation, Part 3

9/18/2015 9/18/2015

http://www.montgomeryparkportland.com

mailto:[email protected]


OR EGO N -CO LU M BI A R I VE R C H APT ER

NEW Courses by IREM®!

Special Introductory Pricing: Three Convenient New Online Courses Three new convenient online courses, three new opportunities to strengthen an essential skill, three lim-ited-time bargains: each of these courses is only $69 for IREM Members, or $89 regular price. Take them yourself to learn or brush up on a new skill, or pass the bargain along to new team members, colleagues, or anyone who might benefit from IREM’s renowned education.

Can you define the term loss to lease? This vague financial concept can be difficult for real estate manag-ers to explain and even harder to calculate. This course will help you to: Define gross potential income Calculate loss to lease Differentiate between physical vacancy, economic vacancy, and collection loss Determine net rent revenue Once you’ve explored the case study property and other examples in this course, you will be able to cal-culate loss to lease and ultimately, net rent revenue, for the properties you manage.

Are you thinking of starting your own property management company? In this course, you will explore key decision points on your path. You will also learn from experienced property management company owners on tips, best practices, and lessons learned. This course will help you to:

Identify key success factors and other requirements for starting a property management company Determine your market niche Explore components of a business plan Determine strategies for business development Describe various types of management fees Recognize variables that affect company structure and staffing

Learning to delegate effectively is a skill that managers often find difficult to master. This course will help you to:

Identify the barriers to delegation

Understand the key benefits of delegation

Assess the abilities of team members

Develop the steps of the delegation process

Evaluate team members’ effectiveness at handling delegated tasks


OR EGO N -CO LU M BI A R I VE R C H APT ER N O. 2 9 IMPORTANT NEWS! T

he R

eal E

state

Even

t of th

e Y

ear!


C H A P T E R O F F I C E R S

PRESIDENT David Genrich CPM®

VP OF

EDUCATION Kathi Pearce, CPM

®

PRESIDENT-ELECT Traci McCauley, CPM®

ARM®

CHAIR Tammy Mills, ARM®

VP OF

FINANCE Valorie Cochran, CPM

®

1st

MEMBER AT LARGE

Cammie Allie, CPM®,

ARM®

VP OF

MEMBERSHIP Cini Apostol, CPM

®

2nd

MEMBER AT LARGE

Chris Pasteur, ARM®

VP OF

COMMUNICATION Julie L. Muir, CPM

®

3rd

MEMBER AT LARGE Brett Shockey, CPM

®

C O M M I T T E E C H A I R S

ARM®

Tammy Mills, ARM®

INAUGURAL DINNER Traci McCauley, CPM®

AMO®

LIAISON Cliff Hockley, CPM®

INCOME & EXPENSE

CHAIR Chris Pasteur, ARM

®

COMMUNITY SERVICE LaTonya Smith, CPMC

®,

ARM®

IREM YOUNG

PROFESSIONALS

Audrey

Jacobson

EDUCATION Kathi Pearce, CPM®

LEGISLATIVE CHAIR John Bernatz

FORECAST BREAKFAST Caroline Karl, CPM®

NEWSLETTER Tammy Mills, ARM®

FRIENDS OF IREM®

Mark St. Pierre PROGRAMS Brett Shockey, CPM®

SCHOLARSHIPS Jaima Coleman, CPM®

Introducing Your 2015

Chapter Officers and Volunteers!




Everything Multi-Family...


Multifamily OR EGO N -CO LU M BI A R I VE R C H APT ER N O. 2 9

Recent statistics have shown that as

many as 10 million Americans work more

than 60 hours per week. Due to their

increasingly busy and tight schedules,

consumers are growing more and more

dependent on online shopping. Late this

past summer, the Census Bureau of the

Department of Commerce announced that

non-adjusted e-commerce retail sales

increased 15.9 percent from the first nine

months of 2013. This turn to the Internet has

had an impact on the apartment sector, as

well. Ideally, property websites should allow

consumers to complete the online leasing

experience without requiring a leasing agent

to intervene, states Debi Cole, Vice President

of Product Management for

RealPage Resident Services.

Cole says a friendly user inter-

face should offer shoppers as

many details as possible

regarding floor plans, real-

time pricing, and apartment

availability.

The best sites seek to

build a relationship with the

consumer. To this end,

comparison shopping should

be embraced -- i.e. offering

side-by-side comparisons in

the hopes that consumers will not leave the

site and do their own analysis. Cole notes,

"Prospects don’t like to click back and forth

between apartments they are interested in

and lose their place. Being able to compare

side by side what makes one home different

from another allows consumers to under-

stand differences." Furthermore, recent

industry data shows that prospects spend

one to two minutes on a page where

pictures are the most prominent visual and

the zoom option is available. "In the end, it's

all about realizing that the apartment

industry is an evolving product in the online

shopping world," concludes Cole. "We have

to stay fresh. Customers demand it."

How Online Shopping is Transforming the Apartment Industry

Reprinted from IREM® Real Estate Management News (10/10/14)


Mul-OR EGO N -CO LU M BI A R I VE R C H APT ER N O. 2 9

Hoard

Reality TV shows like A&E’s Hoarders and TLC’s Hoarding: Buried Alive have brought widespread attention to hoarding in recent years. This increase in awareness has amplified the challenges we face in the property management business when engaging a resident who hoards. By law, property managers are required to accommodate a hoarder and protect both the property and the health and safety of residents. Often times, these interests seem at odds. So, what exactly constitutes hoarding? And, what is the best way to engage a resident who hoards? Hoarding is an uncontrolled urge to collect and keep things. A hoarder will experience distress at the thought of throwing items away. Hoarding results in cramped living conditions which may make movement

from room to room, or access to household facilities (like the sink, toilet or refrigerator), impossible. In some cases, hoarders may accumulate animals or weapons which poses an even greater threat to health and safety. Hoarding also exacerbates an emergency situation, such as a fire, when emergency exits are blocked and responders have difficulty navigating the clutter.

Hoarding is a significant and growing problem: Research indicates that as many as 5% of the population hoards.

While most hoarders are elderly, hoarding behavior often starts in adolescence.

As Baby Boomers age, experts expect the number of hoarders to rise. It is important for property managers to remember that hoarding is protected under Fair Housing laws as a disability. This means that property managers are required to provide reasonable accommodation. A reasonable accommodation is more or less equivalent to an exception to the rule. (Hoarders are allowed exceptions because they have a disability which makes it difficult to comply with maintenance rules.) A reasonable accommodation might include an extended timeline for clean-up and a focus to what is necessary for the residence to be safe and sanitary. Eviction should be considered the final option after reasonable attempts have been made to help the resident comply.

Engaging a resident who hoards may present a challenge, but it is our responsibility to ensure equal access to a safe and secure home. Learning to meet this challenge is an important part of our professional development. About the Author:

Jesse Holland, CPM®, is the President and founder of Sunrise Management & Consulting and the President of the New York Capital District IREM® Chapter. Jesse has over 25 years of experience managing multifamily and commercial investments, overseeing development projects and implementing marketing plans.

Reprinted from IREM® Blogs August 28, 2014

http://www.aetv.com/hoarders

http://www.tlc.com/tv-shows/hoarding-buried-alive



Office Chatter



Reprinted from IREM® Blogs October 21, 2014

You may argue that there is no difference between loss to lease and concessions, since both come out of rental income in the end. However, many owners and managers prefer to account for this gap between market and actual rents in a specific manner. Unless you are managing a brand-new community lease up, you most likely have below-markets rents at your properties. This occurs due to market rents rising while contract rents remain locked in at a certain figure.

Accounting for the Gap Some account for this gap in a distinct loss to lease line item, deducting the difference from gross potential income right off the top. In other cases, it’s recorded as a concession. To make matters even more complex, some prefer to treat new lease discounts as loss to lease while recording renewal discounts as concessions.

An Opportunity Even if you record new lease discounts and renewal discounts in the same manner, there is value to having separate line items for these deductions to help with budgeting and forecasting into the future. Examining your historical operating budgets and this loss to lease or concession figure can help you determine where you have the largest gaps between what you are getting in rents versus what the market will bear. In this sense, loss to lease should be seen as an opportunity—a starting point for figuring out how to close these gaps.

Percentage of Total Income As you know, loss to lease can add up quickly. If the market will bear $1,200 for a one-bedroom apartment unit, and the current lease term on this unit is $1,000, this $200 monthly difference or $2,400 annual difference is the loss to lease. Multiply that by 100 units at the property that have this discount and you’ve got a $240,000 loss. So what, then, is an acceptable loss to lease figure? Many owners and manager try keep the loss to lease number at 2-3% of gross potential income, although in some cases it can go as high as 10% of GPI. How do you account for this gap between market and contract rents at your properties? What is an acceptable loss to lease figure? Consider what’s best for you and your owners’ situation. For more on loss to lease, check out the IREM on-demand course: Understanding Loss to Lease. About the Author: Suzanne Hausknecht is a Senior Curriculum Developer at IREM® Headquarters in Chicago. She works with IREM® members to develop classroom and online courses.

Loss to Lease Concessions… What’s the Difference?

http://irem.org/education/courses?COURSE=ASM301T&STATE=Online


INSIDE

RETAIL

THE WORLD

OF


SEARS Holdings to Lease Space In 7 US Cities to PRIMARK


Sears Holdings Corp., the struggling one-time U.S. retail stalwart, said Monday that it would lease seven locations to European fashion retailer Primark.

Primark, which is owned by Associated British Foods, will lease about 520,000 gross square feet of retail space over the next 12 to 18 months in mall-based Sears locations in the Northeastern U.S., Sears said.

Financial terms of the deals were not disclosed.

The Primark agreements mark the latest moves in Sears's efforts to survive. In addition to selling assets, Sears recently received a $169 million cash injection as the hedge fund run by the department store chain's chief executive, billionaire Edward Lampert, bought some of its shares in Sears Canada.

The company said Monday that it would continue to maintain a presence at six of the locations in the Primark agreements, with streamlined store formats of as much as 100,000 selling square feet at each store.

As part of the agreements, Sears will no longer have a presence at the Simon Properties Group-owned King of Prussia Mall near Philadelphia. Dick's Sporting Goods already leases space in the upper floor of the location, and Primark will operate on the lower level.

The Staten Island Mall Sears location will make room for Primark, as well, Sears said. Sears will continue to operate about 70,000 square feet of selling space, while Primark will lease about 70,000 gross square feet, joining former Sears unit Lands' End as a tenant. The Primark location at the mall, which is operated by General Growth Properties, is expected to open in 2016, Sears said.

The other five locations in the deal will be announced later, Sears added.



Ebola Information &

Resources Reprinted from IREM® Blogs, October 2, 2014

The recent infection of a Texas man with Ebola and the possible contact he may have had with others has brought Ebola to the forefront of the news.

The best way to prevent the spread of any disease is through education. It’s important that we get all the facts and not spread misinformation, which could be just as dangerous as the spread of disease. In the United States, the resources are available that should help prevent isolated incidents from becoming mass epidemics: the public health facilities, sanitation infrastructure, and education and communication systems to disseminate the proper information.

As a property manager, you can be a part of the solution in two ways. First, you have an opportunity to be an ambassador of education on pandemic response. When your residents and tenants ask questions about their safety in their own communities, you need to be prepared to educate them by providing facts and preventing the spread of panic and paranoia. Secondly, you should have a disaster response procedure in place at all your properties in the event the worst does happen.

The best source of information about contagious disease is the Centers for Disease Control and Prevention. Familiarize yourself with the facts about Ebola on the CDC Ebola page and share this information with your tenants and residents.

Preparing for disaster and responding appropriately once it occurs is imperative. IREM® offers a free tutorial where you can learn what it takes to develop a disaster plan. We also offer several checklists to help you prepare your properties for a variety of disaster scenarios and disease outbreaks. If you need a comprehensive resource, Before and After Disaster Strikes provides detailed information on how to prepare an emergency proce-dures manual for your properties.

The best line of defense against any threat is education and preparation. Know the facts and be prepared!

http://www.cdc.gov/

http://www.cdc.gov/

http://www.cdc.gov/vhf/ebola/

http://www.irem.org/education/on-demand-learning/tutorials/developing-an-emergency-plan-

http://www.irem.org/education/on-demand-learning/checklists-and-more

http://www.irem.org/Bookstore/id-24639/Before_and_After_Disaster_Strikes_Developing_An_Emergency_Procedures_Manual_4th_Edition

http://www.irem.org/Bookstore/id-24639/Before_and_After_Disaster_Strikes_Developing_An_Emergency_Procedures_Manual_4th_Edition


OR EGO N -CO LU M BI A R I VE R C H APT ER N O.

News & Events from

Multifamily NW



At IREM®’s Executive Edge session in Orlan-do mid-October, Dr. Glenn Mueller of the Franklin L. Burns School of Real Estate and Construction Management provided a look at the mega trends affecting real estate investment. Some of the highlights included: Economic forecasts for U.S. GDP and employment growth continue to improve but are still expected to be at growth rates slightly lower than previous recoveries. It is believed that this slower, but steady growth rate is good for most real estate markets. Occupancy levels should continue to improve. The one exception is the apartment market where supply is being added too quickly in 2014. Forecasts indicate that apartment oversupply should start to slow in 2015 and return to reasonable levels in 2016. If the economy continues to expand, apartment markets should move out back into a recovery or growth phase of the occupancy cycle. Office occupancies are forecast to improve 0.2% in 2015, with rents improving 0.7% quarter-over-quarter. Industrial occupancies are forecast to improve 0.1% in 2015, with rents improving 0.5% quarter-over-quarter. Apartment occupancies are forecast to decline 0.1% in 2015, with rents improving 0.3% quarter-over-quarter Retail occupancies are forecast to improve 0.1% in 2015, with rents improving 0.8% quarter-over-quarter. Hotel occupancies are forecast to be flat in 2015, with quarterly room rates improving 3.0% quarter-over-quarter. It’s important to note that real estate occupancy demand is driven by employment growth and real estate is a delayed mirror of the economy. For more highlights from the Executive Edge event check out the Special eDition of JPM®.


OR EGO N -CO LU M BI A R I VE R C H APT ER

From the IREM®’s Executive Edge Session in Orlando mid-October, presented by Dr. Debbie Phillips, CPM®.

Most of us are always thinking about how we can “move up the career ladder.” Unfortunately, too few of us take the time to consider the most important, initial question: “Are we even on the right ladder?” In answering that question you first have to identify your career goals, your values, your vision, and your interests. Does the ladder you have chosen lead to fulfillment of those aspirations? Once you have identified the right ladder you can start looking at the skills you need to start climbing it. But, be careful assessing those skills. Too often we focus only on the skills we lack, instead of looking at how we can best use our strengths. We need to match our strengths to opportunities – and figure out how to use those strengths to compensate for our weaknesses. If we find there are skills that we cannot master, nor compensate for – then we should look at where our ladder leads to, and whether it is going to the right place. The biggest mistake we can make in building our career is not allowing enough time for reflection. We need to reflect on where we are headed, and what we need to do to get there. Self-awareness is the cornerstone for developing the emotional

intelligence we need to reach the top of the ladder we have chosen. It is usually not the career obstacles that we know about that ends up derailing us – it is the obstacles we aren’t even aware of that block our success. Start building momentum towards your career goals – but make sure that momentum is pointed in the right direction first. And always remember, if you are engaged in what you do and like your job, you will never have to work a day in your life.

What’s Your Next Move to a Rewarding

Career?


2014

For 2015 sponsorship opportunities, or Friends of IREM® Program information, please contact the Chapter office at: [email protected]. Or, contact the 2015 Friends of IREM® Chair, Mark St. Pierre at: [email protected].

American Building Maintenance

“ABM” Interstate Roofing

Pacific Landscape Maintenance, Inc.

Apartment Guide JR Johnson Paul Davis

Restoration of Greater Portland

Apartments.com Kennedy

Restoration

Pavement Maintenance, Inc.

Benge Industries Landgraphics, Inc. PG Long Floor

Covering

Cantel Sweeping Lovett, Inc. Portland Business

Alliance

Coast Pavement Services

MultiFamily NW Raindrop Supply / Expresso Building

Services

Columbia Roofing & Sheet Metal

Millennium

Building Services Squires Electric

Empire Painting &

Construction

Mt. Hood Window Coverings

The Oregonian

First Response Security

National

Maintenance Contractors

Walter E. Nelson

Company

Hunt Painting Oregon-Aire, Inc. Western States Fire Protection




written by: Julie L. Muir, CPM®

As our workforce demographic is changing, this white paper was written to bring much-needed attention to evolving our leadership styles to meet the needs of a younger population—without losing sight of the more seasoned professionals—some of whom may be forced to delay retirement due to economic reasons.

“Prepare yourself for the impending change! Without prior thought and

careful planning, our leadership abilities as we know them today, couldn’t

withstand the needs and wants of

the quickly expanding and

complicated workforce of the

future.”

Julie L. Muir, CPM®

An innovative, instructive series of white papers teaches you the core competen-cies and best practices you need to lead in the real estate management industry. Leadership skills can be the difference between a good career and a great career. Be a better, more inspiring leader to your team, for your company, and in your career.

Download all 11 white papers (free

for IREM Members) at:

http://irem.org/Bookstore/eBooks/

id-26753


1215 e powell blvd. | gresham, or 97030 503.228.0002 phone | 503.512.8745 fax www.iremoregon.org | website www.irem.org | national website


Let Us HEAR From You!

Have an article, or wish to see something in your quarterly

newsletter? Have ideas or comments on how we can

serve you better? If so, give us a ring! We’d love to hear

from you… CALL: 503.228.0002

Happy Holidays !!

4th quarter 2014 irem infocus newsletter

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