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Appraisal Institute, BOMI, CCIM Institute, IFMA, and NAA Lend Support

(Chicago, May 7, 2008) – The Institute of Real Estate Management (IREM) announced today that the Appraisal Institute, Building Owners and Managers Institute International (BOMI), CCIM Institute, the International Facility Management Association (IFMA), and the National Apartment Association (NAA) have signed on as sponsors of IREM’s current, year-long 75th Anniversary celebration.

 In announcing their sponsorship, IREM President Regina T. Mullins, CPM, said: “We are deeply touched and honored that these preeminent industry organizations – with whom we’ve partnered over the years to address common interests and challenges – wish to be so publicly supportive of our special anniversary observance. It underscores the spirit of collegiality and strong mutual respect that define our relationship with one another. And it validates the value of collaboration among organizations with inter-related expertise, shared values, and compatible ethical standards.”

ABOUT THE APPRAISAL INSTITUTE
The Appraisal Institute is a global membership association of professional real estate appraisers, with nearly 23,000 members and 92 chapters throughout the world. Organized in 1932, its mission is to support and advance its members as the choice for real estate solutions and uphold professional credentials, standards of professional practice and ethics consistent with the public good. The Appraisal Institute advocates equal opportunity and nondiscrimination in the appraisal profession and conducts its activities in accordance with applicable federal, state and local laws. Members of the Appraisal Institute benefit from an array of professional education and advocacy programs, and may hold the prestigious MAI, SRPA and SRA designations. For more information, visit www.appraisalinstitute.org.

ABOUT BOMI INTERNATIONAL
Founded in 1970 and located in Annapolis, Maryland, BOMI International is a 501(c) (3) nonprofit education organization. As the trusted educational resource of choice for today’s top corporations, government agencies, property management firms, unions, and trade associations, the organization works across industry sectors to improve the skills of professionals at many levels with property, facility, and systems responsibilities. BOMI is known for industry-standard designations – the Real Property Administrator (RPA®), the Facility Management Administrator (FMA®), the Systems Maintenance Administrator (SMA®), and the Systems Maintenance Technician (SMT®). More than 20,000 building professionals hold one or more BOMI designations, and nearly 10,000 students register for individual courses each year. For more information, visit www.bomi-edu.org.

ABOUT CCIM INSTITUTE
The CCIM Institute is the governing body of one of the largest commercial real estate networks in the world, with nearly 20,000 members in North America and more than 30 countries.  Since 1969—through its respected CCIM education program—the institute has conferred the Certified Commercial Investment Member designation to qualified commercial real estate and allied professionals.  Additionally, the institute offers the most current, comprehensive, and revolutionary technology in commercial real estate.  These core competencies of networking, education and technology impact and influence the way CCIM members do business.  NET more with CCIM.  For more information, visit www.ccim.com or call 312-321-4460.

ABOUT IFMA
IFMA is the world’s largest and most widely recognized international association for professional facility managers, supporting more than 19,000 members in 60 countries. The association’s members, represented in 125 chapters and 15 councils worldwide, manage more than 37 billion square feet of property and annually purchase more than US$100 billion in products and services. Formed in 1980, IFMA certifies facility managers, conducts research, provides educational programs, recognizes facility management certificate programs and produces World Workplace, the world’s largest facility management conference and exposition. For more information, visit www.ifma.org.

ABOUT NAA
NAA is America's leading advocate for quality rental housing. Its mission is to serve the interests of multifamily housing owners, managers, developers and suppliers and maintain a high level of professionalism in the multifamily housing industry to better serve the rental housing needs of the public. NAA is structured as federation of nearly 200 state and local affiliates, comprised of more than 51,000 multifamily housing companies representing more than 6.3 million apartment homes throughout the United States and Canada. Members in good standing of any affiliated association are automatically considered members of NAA and entitled to NAA benefits. For more information, visit www.naahqorg.

ABOUT THE IREM
The Institute of Real Estate Management (IREM®) is celebrating its 75th anniversary in 2008. 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 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.

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.