Daily Archives: September 13, 2012

District Property Manager, Pennrose Management Company, Chattanooga, TN:

At Pennrose Management Company, we create exceptional apartment communities. With our superior knowledge and unparalleled dedication, we maximize investments while helping our residents live somewhere truly special. Simply put, we make our communities the bright spots of their neighborhoods. We offer a competitive salary and benefits package including medical, dental ,vision, and 401k.

Job Duties:
* Conducts regular visits to properties within portfolio to assess growth and areas of development
* Consults with Regional Property Manager mentor to analyze specific problems, advise on solutions, and monitor outcomes
* Works with Regional Property Manager to prepare annual operating budget, review monthly operating reports, and complete monthly forecasts and variance reports. Conducts periodic audits of petty cash

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Yardi Support Specialist, Pennrose Management Company, Philadelphia, PA:

The Yardi Support Specialist is responsible for all ongoing support for all property management software applications used by Pennrose Management Company. The Yardi Application Specialist will be charged with maximizing all business applications of the Yardi system and ensure full utilization by all Pennrose Management Company employees.

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State and local contributions to pension plans and their level of funded ratios were down in 2011, but many governments enacted important reform measures to fix their pension problems, Loop Capital Markets found in its 10th annual Public Pension Funding Review. However, employees and retirees are legally fighting these reforms in many states, posing concerns for investors, the firm warned.

- Bond Buyer

As the political drama swirls over replenishing its ranks, the state Supreme Court opens a new session today poised to take on cases that could test the powers of the governor, determine the future of beach replenishment projects and clarify whether new technology in crime-fighting may violate privacy rights. The state’s highest court has two empty slots because of a fight between Democratic lawmakers and Republican Gov. Chris Christie that began in March 2010, when the governor did not reappoint Justice John Wallace Jr., the court’s only minority. This year the Senate Judiciary Committee rejected two of the governor’s nominees. One of the hot-button issues facing the court this term involves the governor. The court will determine whether Christie had the authority to dismantle the Council on Affordable Housing and transfer its responsibilities to the state Department of Community Affairs.

- NJ Star Ledger

Medford Mayor Michael J. McGlynn has reached out to a University of Massachusetts group to assist in reforming management procedures at the troubled Medford Housing Authority. Academics at the Edward J. Collins Jr. Center for Public Management have been reviewing the operational procedures at the housing authority, with a focus on procurement and administrative issues, McGlynn said in a statement. With the assistance of the center, McGlynn said the hiring of a new executive director should be complete by January.

- Boston Globe

The Norwalk Housing Authority (NHA) was recently awarded a number of grants, which coordinators say will improve programs for low-income children. The United Way of Coastal Fairfield County has awarded the Housing Authority a $45,000 grant to fund the third year of NHA’s Math Literacy Program, which aims to close the achievement gap in math that exists between Norwalk’s low-income minority youth and their white peers. The United Way also awarded NHA a $5,000 grant, which will be used toward the Norwalk Housing Foundation’s (NHF) College Scholarship Awards.

NHF provides scholarships for low-income minority youth residing in Norwalk Housing Authority developments who wish to attend college.

- The Hour

Louisville, Kentucky is home to seven historic landmark districts, including the nation’s largest Victorian neighborhood, but recent changes to the city’s 40-year-old historic preservation laws by the Metro Council have preservationists seeing an uncertain future. Citing concerns over accountability, public participation, oversight, and property rights, the council passed new rules giving the legislative body final say over all landmarks decisions and added restrictions to the petitioning process that initiates the landmarks review process. Now some fear that politics and potential corruption could erode the intent of the law and preservation groups are mulling legal action to reverse the changes. The contentious six-month fight was spurred by the four-year-old landmark designation of Colonial Gardens, a former beer garden built in 1902 alongside one of the city’s Olmsted parks. The designation stopped a proposed strip mall planned for the site, but the building remains vacant and deteriorating, splitting the neighborhood over its historic merits.

- Architect Newspaper