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(Chicago, May 5, 2009)  The Institute of Real Estate Management (IREM®) Foundation, a nonprofit 501(c)(3) public foundation, recently honored IREM faculty member Stephen Cary, CPM®, vice president of NP Dodge Management Company of Omaha, NE, with its Lloyd D. Hanford Sr. Distinguished Faculty Award.  The Hanford award is 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.

Cary heads the multifamily management division of NP Dodge Management, a wholly owned subsidiary of the NP Doge Company, a fifth generation family business founded in 1855.   With more than 30 years of industry experience, he is credited for the 1981 opening of Omaha’s largest central business district  office building project and the 1987 opening of the first office building in the city’s newest suburban, mixed-use project.

IREM Foundation President Robert Click, in presenting the award to Cary, noted that “he teaches all levels of IREM courses; has participated in a number of ad hoc task forces focusing on curriculum and education; is an IREM faculty trainer; has handled many international teaching assignments; and, has served in several other capacities on national committees and boards.”

Over his career, Cary has worked for two national development companies, several local office building owners and developers, and has been employed as an independent broker specializing on office building sales and leasing. An IREM member since 1986, he has long been active in IREM’s Nebraska Chapter No. 12 and has served in a variety of chapter leadership positions, including that of chapter president.

Cary graduated from the University of Nebraska-Lincoln with a Bachelor of Science degree in Business Administration and holds a real estate broker's license.

ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT
The Institute of Real Estate Management (IREM^®) is celebrating its 75th anniversary in 2008.  Major sponsors of the year-long celebration areYardi Systems, a leading provider of high-performance software solutions for the real estate industry, and the REALTORS^® Commercial Alliance (RCA), the collective commercial constituency within the National Association of REALTORS^®.

For more than seven decades, IREM has been the source for education, resources, information, and membership for real estate management professionals. 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, 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 more than 18,000 individual members and 500 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 ACoMcertification, 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.