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— Property Management Quarterly — July 2016
Letter from the Editor
T
he purpose of this publica-
tion is to be useful for prop-
erty managers. For that rea-
son, I spent some time these
past few weeks meeting with
property management firms to hear
what’s important, what’s new and
what’s interest-
ing in your line of
work.
Some of the
repeated topics
were concerns
about Denver’s ris-
ing operating costs
with increasing
property taxes cou-
pled with new city
initiatives aimed at funding afford-
able housing, as well as increasing
energy-efficiency efforts citywide.
One manager shared fears that
mandates and taxes could kill the
golden goose because owners will
inevitably pass off most of these
costs to tenants, which in turn will
make rents outside the city center
more appealing. In the next issue,
we’ll dive deep into the Energize
Denver Taskforce and funding plans
for affordable housing to see how
they could affect your bottom line.
Recruiting was a hot topic as well.
Specifically, finding engineering tal-
ent is a struggle across the city. As
many engineers near retirement,
there is panic that not enough new
folks are learning the trade.
Municipality backlogs and permit-
ting challenges across the metro
area are causing headaches. With
the unprecedented volume of work
many cities are facing, it’s taking an
exceptionally long time to get per-
mits for projects. There were zoning
issue complaints and the rumblings
of too much bureaucracy. In coming
issues, we’ll examine how to expe-
dite your next project to avoid as
much of the jam up as possible.
Aside from those specific issues,
I heard about the strain the mari-
juana industry is still placing on
industrial properties, how bank-
ruptcy law favors the tenant much
more than the landlord and how
the financial side of management is
becoming all-consuming.
Within this issue, in addition to
discussing property taxes on Page
4, there are articles discussing legal,
regulatory, sustainability and main-
tenance issues to keep you and
your property ahead of the pack.
I would like to continue to hear
directly from you in order to shape
our content. Please send me an
email or give me a call to set up a
brief meeting. All this feedback will
keep the publication relevant, infor-
mative and interesting. We value
and honor your input.
As always, thanks for reading.
Michelle Z. Askeland
303-623-1148, Ext. 104
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