Diana Mosher is a contributing writer with Commercial Property Executive and Multi-Housing News. She writes about a range of real estate and design topics including development, architecture/design, marketing/business development and property management/operations/tech. Mosher joined MHN as editor in chief in 2005. She has been a contributing editor to the CPE-MHN team since 2016.
MARKET SNAPSHOT: Smooth Sailing in Florida as Apartment Prices Continue to Rise
Debt and equity sources, along with wealthy individuals, actively continue to seek deals for individual units and entire projects. Increased competition is pushing down yields, especially in Miami due to a rising number of foreign investors.
Andrew Schwartz Joins Taconic Investment Partners
New York—Asset manager Andrew Schwartz has joined Taconic Investment Partners, an owner, operator and developer of commercial and residential real estate based in Manhattan. As a senior associate, Schwartz is responsible for residential asset management and is involved in Taconic’s development and redevelopment projects. In this capacity, he handles everything from project management and design development to contract negotiations, portfolio strategy and marketing, as well as leasing and sales. Schwartz is also working on Taconic’s 525 West 52nd Street project, which involves the rezoning of a 30,000-square-foot-parcel of land to allow for the development of a 400-unit luxury residential rental…
NWP’s Apartment Resident Rent and Utility Electronic Payment Service Goes Mobile
Costa Mesa, Calif.—NWP Services Corporation (NWP), a provider of utility cost recovery and management solutions to the multifamily housing industry, has released a mobile portal for its Resident ePay service to allow for fast and easy access to residents who wish to pay their rent and or utility charges from a mobile device. The Resident ePay mobile portal may be accessed and bookmarked from the monthly rent email reminder sent to the resident’s email address. Residents will be able to view, schedule and process payments, thereby having the same payment options currently available to them via the web site based…
Brownstone Brooklyn is Hot: MHN Interview with Aleksandra Scepanovic of Ideal Properties Group
MHN’s Editorial Director Diana Mosher recently asked Aleksandra Scepanovic, managing director and co-founder of Ideal Properties Group, about doing business in Brooklyn, providing personalized attention and turning Ideal into a household name.
Outlook for Apartment REITs in 2014
Factors that influenced the performance of REITs in 2013 included the federal government shutdown, budget cuts imposed by sequestration, and interest rate concerns. So how will REITs perform in 2014?
Auction.com Names David Thompson as Chief Marketing Officer
Irvine, Calif.—Auction.com, LLC, the online real estate marketplace, has named David Thompson, an expert in online sales and marketing, as its chief marketing officer. With more than 25 years of technology marketing experience at both consumer and business-to-business companies, Thompson joins Auction.com’s Belmont, Calif. office to lead branding, lead generation, product marketing, and corporate communications. “David brings a wealth of experience building global brands, leading diverse marketing teams and launching revolutionary products and services,” said Auction.com president Jake Seid. “We’re looking forward to benefitting from David’s expertise in technology marketing, and track record of success with companies ranging from start-ups…
Berkadia Promotes Ernie Katai to Head of Production
Horsham, PA—Berkadia Commercial Mortgage announced the promotion of Ernie Katai to executive vice president and head of production. He succeeds Karl Reinlein, who is stepping down from day-to-day production management after 17 years of service to Berkadia. Katai was formerly a senior vice president and branch manager of Berkadia’s Detroit office. In his new role, he will be responsible for the oversight of Berkadia’s national origination network, which spans more than 50 offices nationwide. Reinlein will remain with the company to work with Katai on strategic projects and role transition. Katai has over 30 years of experience in the commercial…
Susan Tjarksen Joins Kiser Group as Senior Managing Director
Chicago—Kiser Group, the mid-market commercial real estate brokerage firm based in Chicago, announced that Susan Tjarksen has joined the firm as senior managing director. She brings 30 years of industry experience to Kiser Group. In 2008, Tjarksen founded Chicago-based STAR LLC, a national real estate firm she continues to operate that specializes in receivership, asset management, debt restructuring, refinance and brokerage services. As managing partner at Aries Real Estate Development in Chicago, she consults on all areas of real estate development. Previously, she held management positions at real estate development companies in Florida and Chicago. “We are fortunate to welcome…
Taconic Investment Partners Names Peter Febo Chief Operating Officer
New York—Taconic Investment Partners has appointed Peter Febo Chief Operating Officer. In this position, Febo plays an integral role in the implementation of Taconic’s business plan, directing the company’s 85-person in-house team and communicating with all asset, development and construction managers to ensure due diligence and strategies are in place. Febo oversees residential, commercial and retail property development; construction projects and commercial and residential asset management, including Taconic Management Company, Taconic’s wholly owned property management and leasing subsidiary. He reports directly to co-CEOs Charles Bendit and Paul Pariser. The introduction of the COO position represents Taconic’s continued and strategic growth…
Eastview Development Names Gregory Stepp Director of Construction
Miami—South Florida-based real estate development firm Eastview Development has named Gregory Stepp as its new director of construction. Stepp is a seasoned real estate professional with more than two decades of industry experience developing high-profile construction projects. Prior to joining Eastview, Stepp served as president of Southland Contractors Group, Inc. in Davie, Florida. He also held previous positions with WSG Development Company, Related Group, CMC Group and Turner Construction Corp. In his new role, Stepp will be responsible for the day-to-day oversight, direction and control of the development and construction of Eastview’s 399-unit Biscayne Beach luxury condominium project. Located at…