There are two types of “grit” in my life—“grits,” the food and “grit,” meaning
fortitude. Both have more in common than you might expect in regards to
What are grits? Quite simply, grits are crushed corn. Requiring only
water and maybe a dollop of butter or oil to make, grits were an inexpensive
Southern staple during the Great Depression—and are popular to this day.
Simple, inexpensive and essential, grits evolved from a survival food to a
comfort food—often embellished with cheese, vegetables or meat—but never
falling far from their original flavor.
Similar to slow- cooked, stone-ground grits, ethical individuals become
more “seasoned” in the heat of the moment, under pressure. Owners,
developers and investors look for these individuals—whose ethics
haven’t been boiled away by the recession or other difficult factors—who
demonstrate true grit.
This issue of JPM® focuses on the importance of forming and sustaining
relationships. For almost eighty years, IREM hasn’t wavered from its original
purpose of building a community of real estate management professionals
who are dedicated to ethical business practices; in fact, IREM added another
global partner in May. I was able to travel to Shanghai to participate in the
inauguration of IREM Shanghai Chapter No. 118. “Transformation Nation”
(p. 48) commemorates this experience and offers a unique perspective on
real estate management in this redeveloping nation.
Building relationships with experienced brokers and lenders in order to
maximize loan terms and amounts is the focus in “Getting the Best Loan”
(p. 28). Ever witnessed an ethically compromised situation or decision? As an
IREM Member, it’s your “Duty to Report” (p. 10) these behaviors by filing an
IREM ethics complaint. Find out how.
As a real estate manager, part of what separates the wheat from the
chaff—or the husk from the corn cob—is the ability to embody the strength,
fortitude and endurance of ethical principles in your daily practices. What we
offer our tenants, owners and peers, is unparalleled industry know-how with
a big ol’ helping of ethics—an essential accompaniment to any sustaining
RONALD GOSS, CPM (PRESIDENT@
IS PRESIDENT OF
CO., INC., AMO,
AND IS A SENIOR
MORSE, INC., BOTH
LOCATED IN LITTLE
Turn to page
48 to read
about the new
Ronald Goss, CPM®