MHN TV: NMHC Student Housing Interview with Jack Kern
At the 2011 NMHC Student Housing Conference, MHN met up with Jack Kern to get his insights into the sector.
MHN TV: Student Housing Interview with SAS Builders
At the 2011 NMHC Student Housing Conference, MHN sat down with Joann Craig and Jeanne Stosser of SAS Builders Inc. to get their insights into the student housing industry.
Marcus & Millichap Promotes Ahadian, Bassirpou, Bijlani to Vice President Investments
Encino, Calif. – The board of directors of Marcus & Millichap Real Estate Investment Services has promoted Neema Ahadian, Rahul R. Bijlani and tk to the position of vice president investments in the Los Angeles, Houston and Newport Beach offices, respectively. This designation exemplifies superior performance in the accomplishments an associate has achieved in his or her sales career at Marcus & Millichap and in the investment real estate brokerage profession. Ahadian began his career with Marcus & Millichap in September 2003, specializing in the sale of multifamily properties. Most recently, Ahadian held the position of associate vice president investments….
Brooklyn Building Tabbed ‘2010’s Best Selling’ Now 100 Percent Sold
The once-stalled condominium structure Property Shark anointed as “Best Selling Building of 2010,” Brooklyn’s be@schermerhorn, is now 100 percent sold.
CBRE Lists Two Luxury Communities Totaling 1,198 Units in Chicago
Chicago–CBRE’s Capital Markets Multi-Housing Group is representing Fifield Cos. and Pacific Life Insurance Co. in the sale of two Class A communities in Chicago’s West Loop.
Alliance Association Management Names Rody Timmons President and CEO
Austin, Texas––Alliance Association Management, an Associa company, has appointed Rody Timmons, CMCA, AMS, PCAM, as the company’s new president and CEO. With Alliance, Timmons will be responsible for developer and client services, marketing and new business development, maintenance services and the oversight of corporate programs and training. He was formerly the senior vice president for Associa Company Rampart Properties in St. Petersburg, Fla. While in Florida, he was responsible for client relations, supervision of the company’s 120 employees, staff training and team building. A graduate of Belmont University in Nashville, Timmons carries more than 18 years of industry experience. Before…
Camden Appoints Frances Aldrich Sevilla-Sacasa to Board of Trust
Houston–Camden Property Trust has appointed Frances Aldrich Sevilla-Sacasa to the company’s Board of Trust Managers, effective August 9, 2011. Sevilla-Sacasa will serve as an independent trust manager of the company. Sevilla-Sacasa currently serves as executive advisor to the dean of the University of Miami School of Business, and from January 15, 2011 to July 31, 2011 she served as the Interim Dean of the University of Miami School of Business. From July 2007 to December 2008, she was the president of US Trust, Bank of America Private Wealth Management. From early 2007 until June 2007, . Sevilla-Sacasa was the president…
National Harbor Establishes Brisk Sales Pace in D.C. Area
Washington, D.C.–At The Peterson Cos.’ National Harbor development, more than 100 homes were sold in National Harbor between early 2010 and first quarter 2011.
Ares Management LLC Acquires Wrightwood Capital
Los Angeles—Ares Management LLC has acquired the investment platform of Wrightwood capital, a provider of debt capital to the U.S. commercial real estate sector. Terms of the transaction were not disclosed. As a result of this transaction, more than 40 Wrightwood professionals have joined the Ares Private Debt Group to focus on middle-market lending in the commercial real estate sector. They will be a part of the Ares Commercial Real Estate, or ACRE, investment team, which will be headquartered in Chicago with other offices in Dallas, Los Angeles, New York, Newport Beach and Washington, D.C. ACRE will be led by…