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Regulations for Better Regulation
It seems that the further we delve into federal real property asset management, the more it reveals about the need for additional regulations and legislation to make it more workable.
VISTA President and CEO David Baxa reviews recommendations from federal real property professionals and private industry on how to make the most of real property asset management. Overall, what it points to is the need for a codified way of thinking to be truly effective.
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Three Questions with Jay Brown
Jay Brown is a Managing Director with Alvarez & Marsal Real Estate Advisory Services, LLC. He recently spoke with the editors of “Managing Change” to discuss his role at the firm and his views on federal real property, and offered advice for better managing real property assets. |
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FRPA to Repeat Important Survey of Federal Professionals
The Federal Real Property Association (FRPA) is currently polling federal real property professionals to update its survey on compliance with Executive Order 13327 on Federal Real Property Asset Management (EO 13327) and other Real Property-related issues.
FRPA will present the findings of the updated survey at the organization’s Professional Development Conference, October 17 and 18, 2006 at the Ronald Reagan International Trade Center in Washington DC. This article reviews findings from the 2005 survey, and presents the results of the most recent review of President’s Management Agenda initiative compliance.
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AGA Survey Cites Lack of Incentives as Real Property Stumbling Block
Lack of Incentives was one of the leading problems in effective federal real property asset management, according to a survey by the Association of Government Accountants (AGA).
AGA (www.agacgfm.org) co-sponsored the Federal Real Property Asset Management survey with American Appraisal Associates. Preliminary findings of the survey – which will be finalized later this year – were presented at the AGA’s 55th Annual Professional Development Conference and Exposition, held in San Diego, CA from June 18-21 of this year. Here’s an overview of the findings.
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The True Value of Outsourcing Portfolio Management: Opportunities and Obstacles
The trend in federal real property management increasingly is to reduce in-house staff, with leasing and other broker-related services outsourced. While this streamlines operations from the perspective of human capital, the total cost of leasing requires a closer look at the value of such “right-sizing.” |
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