IREM Becomes Executive Member of OSCRE, Appoints Toothaker as Rep to Board of Directors

By Anuradha Kher, Online News EditorChicago–The Institute of Real Estate Management (IREM) recently became an executive member of the Open Standards Consortium for Real Estate (OSCRE), North America’s foremost standards development organization for the real property supply chain. Following this development, IREM selected Robert (Bob) Toothaker, CPM, who served as the organization’s president in 2007, to be its representative on the OSCRE Board of Directors. OSCRE facilitates the standards development process among key real estate stakeholders, including owners, tenants/occupants, investors, operators, tenants, developers, service providers, regulatory agencies, consulting firms, vendors and suppliers — to benefit all stakeholders and enable the real estate industry to function more efficiently in the digital economy. Supporting member organizations of OSCRE Americas represent in excess of $2.1 trillion in real estate assets, 12.3 billion square feet of floor space and 1,370,500 association members. Toothaker is chairman of Real Estate Management Corp., AMO as well as CB Richard Ellis Bradley, AMO. He is currently chairman of the Realtors Commercial Alliance of the National Association of Realtors serving a one-year term; he is a charter member of the Indiana Commercial Board of REALTORS; and was named the group’s “REALTOR of the Year” for 2004.  Toothaker is also a board member of the Housing Authority of the City of South Bend, the Studebaker National Museum, and the Northern Indiana Historical Society.