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 IREM Foundation Honors Three for Outstanding Contributions to the Real Estate Management Industry

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(Chicago, May 30, 2007) The Institute of Real Estate Management (IREM) Foundation, a nonprofit 501(c)(3) public foundation, recently honored three individuals for outstanding contributions to the real estate management industry. They are Leonard Frenkil, CPM, President – Investment Real Estate of WP&M Real Estate Group, LLC, Baltimore; Richard Muhlebach, CPM, Senior Vice President of Kennedy-Wilson Properties, Bellevue, Wash; and Leon Klein, CPM, Chief Executive Officer of Nationwide Consulting Company, North Haledon, NJ.

FRENKIL RECEIVES THE HANFORD AWARD
Frenkil received the Lloyd D. Hanford Sr. Distinguished Faculty Award, presented periodically to a member of the IREM faculty who has shown extraordinary dedication to the educational process and the advancement of knowledge in the real estate management profession. It commemorates the direct contributions of Lloyd D. Hanford, Sr., one of the Institute’s early presidents and a founder of the IREM real estate management education program.

A lifetime resident of Baltimore, Frenkil joined the IREM faculty in 1999 and teaches a variety of courses in traditional classroom, seminar and webinar formats.  He consistently has achieved one of the highest ratings among all IREM instructors, has been an active member of the IREM Education Committee and has participated in course updates and special task forces.  He also has authored numerous articles for a variety of real estate publications.

MUHLEBACH RECEIVES THE LUM AWARD
Muhlebach received the Louise L. and Y. T. Lum Award, presented periodically to real estate professionals who have made a distinguished contribution to the real estate management industry through education, publications, and/or the advancement of ethical and professional standards.

A past president of IREM, Muhlebach has taught property management and leasing for 32 years, has been an IREM faculty member since 1980, and also teaches for the Building Owners and Managers Association (BOMA), the International Council of Shopping Centers (ICSC) and the University of Washington. In addition to his outstanding record as an educator, he has authored over 100 articles and co-authored 17 books on commercial property management.

KLEIN RECEIVES THE PALETOU AWARD
Klein received the J. Wallace Paletou Award, presented periodically to an individual who has made significant contributions to the real estate management industry or who has contributed to the betterment of society as a whole through property management.

With a career spanning 36 years, Klein has been engaged in fee management, facilities management, appraisal, consulting and tax advocacy activities in all 50 states and every Canadian province as well as numerous countries in the Caribbean. Affectionately known as “the professor,” he has contributed his experience, intellect and leadership abilities to IREM for 30
years, has been a highly rated IREM instructor, and is one of two long-time trainers of IREM faculty.

ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT FOUNDATION
The Institute of Real Estate Management (IREM) Foundation, established in 1977, is a nonprofit 501(c)(3) public foundation. Its mission is to identify, develop, fund and promote those initiatives that enhance the industry and profession of real estate management, improve and enhance communities, and further the strategic goals of IREM.

ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT
The Institute of Real Estate Management (IREM) has been the source for education, resources, information and membership for real estate management professionals for more than 70 years. An affiliate of the NATIONAL ASSOCIATION OF REALTORS, IREM is the only professional real estate management association serving both the multi-family and commercial real estate sectors.

With 81 U.S. chapters, eight international chapters and several other partnerships around the globe, IREM is an international organization that also serves as an advocate on issues affecting the real estate management industry.

Membership includes over 17,000 individual members and 525 corporate members.  IREM promotes ethical real estate management practices through its credentialed membership programs, including the Certified Property Manager (CPM) designation, the Accredited Residential Manager (ARM) certification, the Accredited Commercial Manager certification, and the Accredited Management Organization (AMO) accreditation. These esteemed credentials certify competence and professionalism for those engaged in real estate management.  In addition, IREM offers Associate, Student and Academic memberships. Learn more at www.irem.org.