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New Online Labs From IREM Track Income and Expense Data Over 10-PlusYears for Five Key Property Sectors

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Chicago, Nov. 15, 2011 - A new, state-of-the-art companion product is now available for each of the five Income/Expense Analysis property sector reports published annually by the Institute of Real Estate Management (IREM). The reports cover conventional apartments; office buildings; federally assisted apartments; shopping center; and condos, cooperatives, PUDs.

The new product, called the Income/Expense Analysis Online Lab, is an interactive website from IREM with 24/7 access until Aug. 15, 2012, when next year's data becomes available. It enables purchasers to download over 10 years of historical data for the selected property sector, including over 100 customizable line-item variables, and compare it to the operating data in their individual portfolios. Specific benefits include being able to:

  • Make at-a-glance data comparisons by property type, year, age, line item, and/or location
  • Build and tweak budgets throughout the year
  • Confidently relay precise metrics and trending data to owners and investors
The price of each Income/Expense Analysis Online Lab ranges from $292.95 to $324.95 for IREM Members and $584.95 to $649.95 for non-members, depending upon the applicable property sector. For information on available corporate discounts for multiple users in a given firm, contact Matthew O'Hara at mohara@irem.org, or phone 1-800-837-0706, ext. 6025.

ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT
The Institute of Real Estate Management (IREM) is an international community of real estate managers across all property types dedicated to ethical business practices and maximizing the value of investment real estate. An affiliate of the National Association of Realtors, IREM has been a trusted source for knowledge, advocacy and networking for the real estate management community for more than 80 years.

IREM is the only professional real estate management association serving both the multi-family and commercial real estate sectors and has 80 U.S. chapters, 14 international chapters, and several other partnerships around the globe. Worldwide membership includes nearly 18,000 individual members and over 535 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. IREM also offers CPM Candidate, Associate, Student, and Academic memberships. All members are bound by the strictly enforced IREM Code of Professional Ethics.

Collectively, CPM Members in the United States manage nearly $2 trillion in real estate assets, including 11.4 million residential units and 10.4 billion net square feet of commercial space. 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.