News: Brokerage

IREM installs Monroe of CRM as 2009 nat'l. president

The Institute of Real Estate Management (IREM) installed Pamela Monroe, CPM, of Pleasantville, N.J., as the 2009 president during the professional association's Fall Business and Governance Meetings. With 25 years of professional industry experience, Monroe joined Community Realty Management (CRM) in 2002 and serves as CRM's senior VP.  Since beginning her career in Mobile, Ala., she has overseen properties throughout the southeast, Texas, Oklahoma, N.J., Pennsylvania, Maryland, Virginia and the Virgin Islands.   Monroe said, "It is a great honor and an awesome responsibility to serve as IREM president.  Building on our predecessors' accomplishments over more than seven decades, IREM will emphasize, more aggressively than ever before, the expertise that professional real estate managers bring to the table for building property value - in good times and bad." Monroe's background includes managing all types of multifamily housing - including conventional properties, Low Income Housing Tax Credits (LIHTC) housing, senior housing, and condominiums. She also has managed corporate portfolios.   Monroe graduated from the University of South Alabama with a B.S. degree and holds a Real Estate broker's license from the state of Alabama. She earned her Certified Property Manager (CPM) designation in 1985, has been an IREM chapter president and, in 2003, was named "CPM of the Year" by IREM's South Jersey chapter no. 101.
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Columns and Thought Leadership
Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and more loan restructuring can help negate any negative trending of NOI on some CRE projects - by Michael Zysman

Lower interest rates and an increased number of loan restructurings will be well received by the commercial real estate industry. Over the past 12 months there has been a negative trend for NOI for many properties across the country.
Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

Lasting effects of eminent domain on commercial development - by Sebastian Jablonski

The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Behind the post: Why reels, stories, and shorts work for CRE (and how to use them) - by Kimberly Zar Bloorian

Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
Strategic pause - by Shallini Mehra and Chirag Doshi

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent