SPECIAL REPORT: Internet Is the New ‘Location’ in Student Housing
Las Vegas–At the National Apartment Association (NAA) Student Housing Conference and Exposition in Las Vegas, a panel of college students–most of whom have been living in off-campus student housing communities for a few years and are on their way to graduate school–expressed how living close to classes is important. However, location pales in comparison to another far-more-crucial criterion: Internet connectivity.
ForRent.com Unveils Partnership with Oodle
Norfolk, Va.–For Rent Media Solutions has announced that ForRent.com has entered into an exclusive partnership with Oodle, whose Marketplace on Facebook and Oodle.com has more than 14 million monthly unique users. Under this partnership, ForRent.com customers will have its listings integrated with its Facebook Page and social graph of fans. This enhanced exposure on Facebook and in Marketplace will drive new leads and referrals to ForRent.com customers. “Our partnership with Oodle provides a human element to our customers’ listings and brings a trust factor to the rental process, since users can see how their friends and friends of friends are…
BRE Acquires 220-Unit Community for $56.5M
Valencia, Calif.–BRE Properties Inc. has acquired The Vistas of West Hills, a 220-unit property in Valencia, Calif. for approximately $56.5 million.
Crescent Resources Names Nina Shor Attorney General Counsel
Charlotte, N.C.– Crescent Resources LLC hired Charlotte real estate attorney Nina Shor to serve as general counsel and create the company’s in-house legal department. Shor brings more than 25 years of experience to the new post. Prior to joining Crescent, Shor helmed The Shor Law Firm PLLC in Charlotte. Her real estate development practice focused on community governance, builder programs, operating covenants and the acquisition of foreclosed properties for national developers. Shor also advised clients on marketing and land sales compliance, and advocated before the N.C. Building Code Council on compliance requirements. Shor has practiced law with firms in Charlotte,…
Silestone Launches Volcano Texture Surfaces
The surface of the new Volcano Texture creates a contemporary matte look and feel. At launch, the collection will be available in five colors.
1st Service Solutions Launches 1st Equi-Debt Solutions
Dallas—1st Service Solutions, the first firm to serve completely as a borrower’s advocate, has launched 1st Equi-Debt Solutions, which will offer equity and debt to borrowers of non-performing commercial real estate loans as part of their debt restructure. The new firm was formed by Ann Hambly, founder and CEO of 1st Service Solutions and Mike Meisenbach, CPA and founder of Asset Advisory Alliance (A3). Most recently, Meisenbach was principal and president of Investment and Capital Markets Advisory Services for Lee & Associates, a commercial real estate firm. In this role, he sourced equity and debt solutions for commercial property owners….
Jack Kern Joins Palatine Capital Partners as Partner
New York—Palatine Capital Partners Management LLC recently announced that Jack Kern, former head of research at Archstone-Smith, has joined the firm as a partner. In this newly expanded position, Kern will be responsible for providing market and real estate research and analysis in evaluating equity and debt investment opportunities. In addition, he will focus on strategic initiatives for Palatine. Kern has been a part of Palatine’s strategic investment team for the past year as an advisor, providing research oversight on opportunities. “Our team has built a successful working relationship with Jack as a consultant, and this is a logical next…
Video Interview with Jeffrey Perlman
Multi-Housing News interviews Jeffrey Perlman, LEED AP, president & founder of Bright Power Inc. and co-founder of EnergyScoreCards. He discusses his impressions of the 2010 Greenbuild International Conference and Expo, as well as why benchmarking multifamily communities is so challenging–and how EnergyScoreCards can help.