IREM ACoM case studies
IREM ACoM · Put your knowledge to work in context.
The Accredited Commercial Manager (ACoM) is one of the individual certifications listed by the Institute of Real Estate Management (IREM), an international institute that describes itself as providing "the learning, certifications, and networking for real estate property managers." IREM lists ACoM alongside its CPM (Certified Property Manager), ARM (Accredited Residential Manager), and CSP (Accredited Professional) credentials, and it also appears in IREM's membership path "Membership through certification" - meaning the credential is aimed at commercial property managers who want a recognized professional designation tied to a professional association rather than a purely academic qualification. Because IREM frames all of its certifications as "internationally recognized as the marks of ethical leadership and a well-managed property," candidates should expect the assessment to test applied commercial management judgment, not just recall. The IREM ACoM case studies are 5 cases and about 2,152 words.
1Class B Office: Capital Calls, a Anchor Renewal, and an Owner Distribution
You manage a 180,000 SF Class B office building constructed in 1986 for a private owner. Occupancy is 78%; NOI is 2.4 million; the 18 million loan matures in 18 months at 5.2%.
492 words, about 2 min2Retail Co-Tenancy Trigger, Rent Relief, and CAM Dispute
A 92,000 SF neighborhood retail center has 14 tenants. The 32,000 SF anchor closed eight weeks ago and is paying no rent.
413 words, about 2 min3Procurement Conflict, a Family Bidder, and Gala Tickets
You are the property manager for a 250,000 SF office tower. The janitorial contract, 1.2 million per year, is out for bid.
417 words, about 2 min4Office Refinancing: DSCR Gap, Expiring Cap, and Rollover
You asset-manage a 120,000 SF office building with NOI of 2.1 million. A 24 million interest-only loan at 4.8% matures in 12 months.
426 words, about 2 min5Chief Engineer Succession: Seniority Versus Performance
You manage a 600,000 SF commercial portfolio with a chief engineer who retires in 90 days. The department has two technicians.
404 words, about 2 min