IREM to Honor Earth Day with Wide Array of Green Resources

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(Chicago, April 21, 2010) – The Institute of Real Estate Management (IREM), committed to supporting real estate management strategies that advance an environmentally sustainable and economically prosperous future, has a diverse array of green resources available of benefit to practitioners across the real estate industry spectrum. Most of them are easily accessible to IREM Members and non-members alike, including many that are free.

SUSTAINABILITY KNOWLEDGE CENTER
A key repository of IREM’s green information and resources can be found in the “Sustainability Knowledge Center” of IREMFIRST (For Information, Resources, Solutions and Training), the organization’s comprehensive, highly interactive, online information center for IREM Members and the industry at large. Some examples of content available in the Knowledge Center include:

  • Information on, and links to, ENERGY STAR Resources
  • Waste removal and recycling resources
  • Information on water conservation and related resources
  • Articles on the latest initiatives and trends in sustainability
  • Access to past IREM Webinars on sustainability
  • And much more.

In addition, Message Boards in the “Community Forum” Section of IREMFIRST enable IREM Members and other site visitors to share their challenges and experiences on a wide range of sustainability related issues.

IREM GREEN COURSE PLUS GUIDE TO GREEN REAL ESTATE MANAGEMENT
Among other offerings in IREM’s green resources arsenal:

  • Sustainable Real Estate Management” (SRM001), a course that focuses on common sense, cost-effective ways to meet owner, tenant, and resident demand for “green” real estate and increase a property’s NOI through sustainable real estate management techniques. The course is eligible for elective credit toward the NATIONAL ASSOCIATION OF REALTORS (NAR) Green Designation. Those interested in earning this designation must be active members of NAR (either as a REALTOR or Institute Affiliate member) and maintain membership in the Green REsource Council (www.greenresourcecouncil.org), founded by NAR subsidiary REBAC to broadly disseminate knowledge about green real estate practices. The course also provides six hours of continuing education credit for LEED Professionals through the U.S. Green Building Council Education Provider Network.
  • A Practical Guide to Green Real Estate Management, published by IREM, explores the practical benefits of “going green” and includes examples and implementation strategies. Topics explored in the publication range from where the real estate industry is today regarding sustainability to how to assess the impact of a property on the environment to how conservation efforts can affect the bottom line.

COMING SOON—GREEN BUILDING BENCHMARKING DATA
IREM’s Annual Income/Expense Analysis Reports – for office buildings, retail properties, conventional apartments, assisted housing, and condos – invaluable in providing benchmarking statistics on utility and energy costs as well as other operating expenses, will have a new “green building” section of benchmarking data beginning in the 2010 reports due out late this summer.

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 75 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 80 U.S. chapters, 12 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 more than 18,000 individual members and 515 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 (ACOM) 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.

Collectively, IREM CPM Members in the United States manage over $1.5 trillion in real estate assets, including 8.4 million residential units and 8.4 billion net square feet of commercial space. An additional 977,400 residential units are managed by IREM ARM Members. IREM Members are employed by some of the most prestigious real estate firms in the world and nearly 70% hold upper-level management positions. Due to their professionalism and vast experience, property owners and investors worldwide continually seek out the management services of IREM Members.

To learn more about the Institute of Real Estate Management and its chapter network, call (800) 837-0706, Ext. 4650 (outside the U.S. call (312) 329-6000) or visit www.irem.org.