Archive for August 2010
REIT Execs Did Well During ’09, Notes SMG Survey
New York–In an indication that the REIT industry is faring somewhat better than real estate as a whole, total compensation levels within the REIT realm, including multifamily specialists, increased in 2009 by a median of 3 percent to 15 percent, depending on employee level.
Read MoreMVE Adds 24 Employees, Including Two Director Level Positions
Irvine, Calif.–MVE & Partners has added two key director-level positions with the recent appointments of Sylvia Avendano as business development director, and Erin Gebo as director of human resources. The new hires are part of a broader staffing increase at the firm and its affiliate, MVE Institutional, adding 24 professionals across various departments. It is…
Read MoreCondo Project in Yonkers Expected to be Boon to Local Economy
Yonkers, N.Y.–The initial phase of Monarch will yield 162 residences, the first of which will debut in 2011.
Read MoreResidential REIT Pursues Sustainable Initiatives for Portfolio
Rochester, N.Y.–Home Properties, a REIT that specializes in apartment properties in the northeastern U.S. and the mid-Atlantic, has unveiled portfolio-wide initiatives to improve the energy efficiency of its properties.
Read MoreUpscale Condo Project in Yonkers Expected to be Boon to Local Economy
Yonkers, N.Y.–The initial phase of Monarch will yield 162 residences, the first of which will debut in 2011.
Read MoreST Residential Wins Corus Bank’s $4.5B RE Loan Portfolio
Atlanta–ST was formed after the Chicago-based Corus Bank failed on September 11, 2009.
Read MoreNAI Las Vegas Merges Operations with The Sauter Cos.
Las Vegas–NAI Las Vegas has entered a partnership with The Sauter Cos. to merge staff and services and operate as NAI Las Vegas. The Sauter Cos. brings more than 40 years of commercial real estate experience in the Las Vegas market to the partnership, expanding NAI Las Vegas’ service offerings in multifamily brokerage. The Sauter…
Read MoreDEAL OF THE DAY: Arbor Locks in 5.95% for 10-Year Terms on Two Small Loans
McKinleyville, Calif. –Arbor Commercial Funding LLC recently oversaw the funding of two loans under the Fannie Mae DUS Small Loan product line.
Read MoreDEAL OF THE DAY: Arbor Locks in 5.95% for 10-Year Terms on Two Small Loans
McKinleyville, Calif. –Arbor Commercial Funding LLC recently oversaw the funding of two loans under the Fannie Mae DUS Small Loan product line.
Read MoreDel Sano Breaks Ground on Two MF Projects in Less Than a Week
Del-Sano Contracting Corp. has started construction on two major projects in the past week: Kershaw Commons, located in Freehold, N.J., and The Village at St. Peter’s located in Pleasantville, N.J.
Read More