IREM^® 2006 Income/Expense Analysis^® Data Available for 142 Metro Areas Across Key Property Sectors

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(Chicago, Jan. 19, 2007) 2006 Income/ Expense Analysis^® data for 142 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 Dallas, Little Rock, Phoenix and Wichita – 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 $125. 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 $175.

 ORDERING INFORMATION
Both the Individual and Packaged Metro Reports can be ordered in downloadable PDF format by accessing the  “IREM Store” section of the IREM^® website at www.irem.org. The store 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^®) 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.