IREM Income/Expense Analysis Data Available for
146 Metro Areas Across Key Property Sectors
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(Chicago, Jan. 25, 2013) – The latest available Income/ Expense Analysis data for 146 metropolitan areas across five key property sectors is now available from the Institute of Real Estate Management (IREM). Data for many of these metro areas – including Atlanta, Charlotte, Minneapolis/St. Paul, Nashville, Northern New Jersey, Raleigh-Durham, and South Bend/Ft. Wayne – is available for all five sectors.
Compiled by IREM’s Research Department, the data provides a detailed look at operating revenues and expenses for:
- Office buildings
- Conventional apartments
- Federally assisted apartments
- Condominiums, cooperatives and planned unit developments
- Shopping centers
Data is reported by common line items such as rent, utilities, maintenance, insurance, taxes, vacancies and payroll. These breakdowns make it easy to quickly benchmark properties in a given portfolio to others in the same marketplace.
An Individual Metro Report for a specific property type (e.g. the Conventional Apartment Report for the Dallas metro area) is priced at $145. Also available is an Income/Expense Packaged Metro Report that includes individual metro as well as regional and national data for a specific property type (e.g. the Conventional Apartment Report for the Dallas metro area, the southwest region and the entire United States). Each Packaged Metro Report is priced at $195.
Both the Individual and Packaged Metro Reports can be ordered in downloadable PDF format at www.irembooks.org. The site includes information on all metro areas for which specific sector reports are available.
ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT
The Institute of Real Estate Management (IREM) is an international community of real estate managers dedicated to ethical business practices, maximizing the value of investment real estate, and promoting superior management through education and information sharing. An affiliate of the National Association of REALTORS, IREM is the home for all industry professionals connected to real estate management – and the only organization serving both the multi-family and commercial sectors.
We believe that good management matters, and that well-managed properties pay dividends in terms of value and in the quality of life for residents, tenants and customers. We believe in professional ethics. We believe in the power of knowledge and the importance of sharing it.
IREM offers a variety of membership types for professionals of every experience level, from on-site managers to high-level executives. Our credentials, earned by meeting high standards of education, experience, and ethical business practices, include: Certified Property Manager (CPM), Accredited Residential Manager (ARM), Accredited Commercial Manager (ACoM), or Accredited Management Organization (AMO).
Since 1933, IREM has set the standard for best practices in real estate management. Today, IREM membership includes nearly 18,000 individuals and 560 corporate members. To learn more about the IREM and its chapter network, call (800) 837-0706, ext. 4650 (outside the U.S. call (312) 329-6000) or visit www.irem.org.