Federal Capital Partners and Kane Realty Corporation announced a joint venture to develop approximately 400 luxury apartments on 15 acres in the affluent North Hills area of Raleigh, N.C.

Edgewood Management Corporation recently announced the promotion of Cindy Sanquist to the position of president and CEO.

McKinley is pleased to announce that Alexandra Jackiw has accepted the position of managing director – residential client services.

Ahepa Management Company, a property management firm providing onsite management for affordable senior housing communities, has announced the promotion of Lucinda Herring-Parsons to the position of director of compliance.

After ten years with UDR, David L. Messenger has decided to pursue a unique opportunity outside of the company.

Freddie Mac announced that its Board of Directors has appointed Donald H. Layton as chief executive officer and has elected him as a member of the Board of Directors. Layton will join the company on May 21, 2012.

Arbor Commercial Mortgage LLC announced the promotion of Matthew Nihan to originator in the company’s New York City office.

Privately held St. Louis commercial real estate developer, manager and broker Balke Brown Transwestern added Christopher Zoellner, founder of Clayton, Mo.-based retail specialist Foundation Commercial, and some of that company’s brokers to the Balke Brown brokerage division.

Chestnut Hill Realty, a full-service real estate company specializing in multifamily housing, partnered with Hope in Bloom, a Dedham-based non-profit group that provides indoor or outdoor gardens at no charge to Massachusetts’ residents undergoing treatment for breast cancer.

The Bozzuto Group, a Washington, D.C.-based real estate services organization, today announced that Steven Fretwell has joined the company as director of learning and development.