Archive for May 2010
Riverstone Names Patricia Bowen EVP of Compliance Services
She was in property management with AIMCO for the past 14 years
Read MoreNMHC Survey Finds Strengthening U.S. Apartment Market
According to the National Multi Housing Council’s latest survey of the U.S. apartment market executives, the sales volume of apartment properties is up
Read MoreManhattan Condo Building Re-Launches
A Manhattan condo building, 650 Fifth Avenue, has been relaunched as The Cammeyer
Read MoreMaximize Efficiencies for Student Housing Turns
Student housing turns occur in a span of about two weeks
Read MoreDEAL OF THE DAY: Southern Calif. Apartment Property Changes Hands for $254,033/Unit
Marcus & Millichap Real Estate Investment Services brokered the sale of The Madison, a 90-unit, 118,874-square foot luxury apartment building in Rancho Palos Verdes. The sales price of $22,863,000 represents $254,033 per unit and $211 per square foot.
Read MoreCWCapital Hires Allan Edelson
CWCapital is expanding its national multifamily lending platform through the hiring of Allan Edelson, senior vice president, and the establishment of a new lending office in Chicago.
Read MoreReport Finds 17% of Birmingham Apartment Assets Are Distressed
As many as 9,000 units, or about 17 percent of Birmingham’s stock is considered distressed, according to a recent report issued on the Birmingham, Ala. apartment market.
Read MoreInvestment Group Acquires MF Financing Co. Red Capital Group
An investment group led by Dallas-based ORIX USA Corp. and including Stonehenge Partners of Columbus, Ohio
Read MoreNew Company Offers New Approach to Construction Photography
Scott Yahraus and Andrew Weissman, two southern California real estate veterans, have started a company to offer developers and construction companies a more methodical way to document the construction process
Read MoreRobert Leveen Joins Lee & Associates Investment Services Group as Senior VP
Lee & Associates-Investment Services Group (ISG) has appointed Robert Leveen to the position of senior vice president.
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