Evening star., 1938-12-24
Institute Sponsors
Lectures on Realty
Management
Four-Doy Series of 20
Will Be Given Here
In February

Covering specifically the field Of
management OF unfurnished apart
ment properties, four-day series of
20 lectures on real estate manage
ment will be given by the Institute
Of Real Estate Management, profess
sional branch of the National Asso-
citation of Real Estate Boards, at the
Wardman Park Hotel here February
13, IA, Is and 16.
The lectures, the faculty for which
are announced today, are the first
step for the year 1889 in a series to
be taken by the institute in develop
ing q comprehensive educational
program for real estate management.
The plan contemplates coming case
study courses.
The institute in its program looks
forward to cooperating with uni
versities and colleges of the country
IN developing the courses Of study
they are planning in this field and
in making available material for
use in such courses.
Lecturers Named.
Lecturers for the coming course
are the following:
Delbert S. Wenzlick, St. Louis, who
will deal with Cd the initial ANALYSIS
OF a property as fundamental of
building its management program,
CD aligning physical, environmental
and market conclusions about the
property to correct asking price
for its space; 90 record keeping and
accounting, and (N heating, and the
maintenance of heating and plumb
ing.
Carlton Schultz, Cleveland, who
Will talk on ID environment as a
plus or minus factor in valuing
building space; ca tenant services,
their scope and their cost, and 90
modernization as new technique.
r. F. Voell Of the United States
Housing Authority. its acting d.
rector OF management review, who
Will lecture on % utilities-and
waste connected with their use-as
concern OF apartment manage
ment, and disposition of the fixed
costs" theory of utility expense: co
technical phases of electrical eouip-
ment maintenance, refrigeration as
the base Of coming air conditioning,
and other phases of electricity, gas
ana water distribution control.
List Includes Downs.
James c. Downs, jr., Chicago, the
institutes president, who will talk
on Cd management approach with
the modern point of view; (2) the
contribution good management can
make to lower turnover, higher net
income and overall desirability of
a building; 80 market conditions
and their influence on value factors
OF an apartment building, and re-
search technique in isolating the
Varlables in supply and demand of
residential space; (4) decorating
space for tenants, and use of color,
etc, IN creating desirability, and (5)
care and maintenance of halls and
oIner pubic spaces in the building.
H. P. Holmes, Detroit, who will
zeal With Cd janitor service. the
personnel problem it involves and
the problem of scheduling this serv-
ice, and ca maintenance, both of
the buildings exterior and of tenant
space.
Harry Grant Atkinson. Chicago
director of the Department of Bust
ness Standards and Methods, Ma
tional Association of Real Estate
Boards, who will give the opening
talk on education as a prerequisite
70 professional management.
Tuition fee for the course is s25.
Following the Washington lecture
series, which is primarily for expe-
rlenced managers of real estate but
which Is open to any one, examina-
tlons Will be held on February II
and l9 for candidates for member
ship In the institute.
The Governing Council of the In
stltute Of Real Estate MANAGEMENT
Will meet at the Wardman Park
Hotel February II and 18, imme-
diately following the course.
New Frenrh ein;ehae