News: Owners Developers & Managers

IREM and CAI recognize each other's designations and educational offerings

IREM is proud of its longstanding reciprocity agreement with The Community Association Institute (CAI). Due to the high quality education offered by both institutions, IREM and CAI recognize each other's designations and educational offerings. CAI recognizes IREM courses leading to the Certified Property Manager (CPM) designation as continuing education credits for the Professional Community Association Manager (PCAM) designation. In return, IREM recognizes the PCAM designation for a criteria to fast track toward obtaining the CPM designation. Managers holding the PCAM designation in good standing are accelerated through the CPM program and only have to complete the ethics course and submit a management plan or pass the Management Plan Skills Assessment (MPSA), and pass the CPM Certification exam to meet the criteria to apply for their CPM designation. This approach bypasses 7 core class requirements normally needed to obtain the CPM designation. To become a CPM you must have 36 months of experience and meet the minimum portfolio size and job functions. You must become a CPM candidate, ARM or ACOM for 12 months prior to your CPM approval. The Boston Chapter holds all CPM required courses in the area each year. These offerings benefit our members in that they do not need to travel out of the Boston area to take a required course. This also benefits CAI members who hold their PCAM designation in that it provides a wide range recognized continuing education courses that meets the requirement for the 3 year renewal of the PCAM and Certified Manager of Community Association designation (CMCA). David Barrett, CPM, ARM, PCAM, AMS, CMCA, is president of RCM Services, Allston, Mass.
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Mount Vernon Co. acquires John Carver Inn & Spa in Plymouth, MA

Plymouth, MA The Mount Vernon Company (MVC), a Boston-based real estate and hospitality investment firm, has completed the acquisition of the John Carver Inn & Spa, an 80-room property.
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Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

Recently passed legislation creates opportunities to meet CT’s changing energy needs - by Klein and Feinn

For decades, New England has had a summer-peaking power system, where the greatest energy use occurs on the hottest and most humid days, due to widespread use of air conditioning. But by the mid-2030s, electrification of the heating sector likely will result in a winter peak that’s higher than the summer peak.
IREM President’s Message: Fostering community connections during the holiday season

IREM President’s Message: Fostering community connections during the holiday season

The holidays are again taking center stage, and with them comes an opportunity for multifamily communities to connect with the businesses and organizations in their cities and towns, fostering a sense of unity and generosity during this giving season
Selecting the right façade installation firm - by Steven Powell

Selecting the right façade installation firm - by Steven Powell

As the owner of a major new property being developed, or an existing large building preparing for major renovation, you want your design and construction team to have the right experience, capabilities, and expertise to match the project demands. A critical member of this team will be the façade installation specialty firm, since the quality of this installation will impact