Colliers Names Sherman and Koskovich Associate Vice Presidents
Phoenix —Colliers International in Greater Phoenix recently promoted Jeffrey Sherman and Trevor Koskovich to the position of associate vice president. Sherman and Koskovich specialize in the evaluation, marketing, acquisition and disposition of investment-grade, income-producing multifamily properties and portfolios ranging in size from 40 units to 300 units. They have extensive experience working with private capital buyers and sellers, lenders, commercial mortgage servicers and governmental entities. Sherman and Koskovich partner with Bill Hahn, senior vice president, as the Colliers HSK Multifamily Specialists team. The trio joined Colliers in 2009. In 2010, they were ranked as the No. 3 top-producing team in…
GSEs Report Net Losses for 2Q11
Washington, D.C.–The two GSEs are reporting net losses in the second quarter of 2011.
ARA Opens Washington, D.C. Office
Washington, D.C.— Atlanta-headquartered ARA recently opened its Washington, D.C. office under the leadership of Drew White and Michael Marshall, both former Cushman & Wakefield executive directors. Former Bozzuto executive Ryan Ogden is also joining the team. With more than 18 years of multi-housing investment sales experience, White has sold in excess of 250 properties throughout the Mid-Atlantic and Southeast regions of the U.S. for clients ranging from large institutions to individual owners. White was responsible for opening Cushman’s Washington, D.C. office in 2002 and quickly established himself as the East Coast’s top apartment broker. Marshall brings more than 24 years…
DOWNLOAD ENTRY FORM: 2011 Excellence Awards
The MHN Excellence Awards recognize the multifamily industry’s most noteworthy people, companies and properties. The winners will be selected by a panel of judges representing expertise across all multifamily disciplines.
When NIMBY Attacks
NIMBY opposition doesn’t always turn out against multifamily projects, but when it does, it typically puts a viable project on the defensive, which at the very least increases risk and costs. At worst, the project fails to receive political approvals. How you respond to the crisis will determine the project’s fate.
JWilliamsStaffing Expands To Texas; Opens Four Offices in Major Markets
Houston–JWilliamsStaffing, a leading staffing provider of temporary sales, leasing professionals and full-service staffing to the multifamily industry throughout California, Arizona, Nevada and Texas, is expanding with the opening of offices in Austin, Dallas, Houston and San Antonio. The Houston office opened in August 2010 while expansion into the other cities coincides with the hiring of Keith Rodgers, CGA, CSP, CGP as vice president. Based out of Houston, Rodgers is responsible for leading JWilliamsStaffing’s business growth and building a team of qualified professionals throughout the state’s four major markets. He will focus on cultivating real estate clientele as well as leading…
NWP Services Corporation Announces Partnership with Energy Star
Irvine, Calif.–NWP Services Corporation has announced the company has become an Energy Star Partner. Through its voluntary partnership with the U.S. Environmental Protection Agency’s (EPA) Energy STar, NWP helps customers improve the energy efficiency of their multifamily communities, improve financial performance and help preserve the environment for future generations. “Customers who utilize our UtilitySmart Business Intelligence and Benchmarking Analytics product can now choose to take advantage of a robust and seamless integration with EPA’s Portfolio Manager, to automatically submit comprehensive utility consumption data to benchmark their communities’ performance and comply with local and state regulations where applicable,” says Jim Charles,…
Ground Breaks on Southern California Community Designed for 21st-Century Seniors
Long Beach, Calif.–Work has gotten underway on the Long Beach Senior Arts Colony, a 200-residence affordable housing community in Long Beach, Calif.
AvalonBay Announces CEO to Step Down
Arlington Va.–AvalonBay Communities Inc. has announced that Bryce Blair, chairman and chief executive officer, will retire from his role as CEO at the end of 2011. Timothy J. Naughton, the company’s president, will then assume the additional role and title of chief executive officer.
Iconic Hudson River Development Comes to Market
New York—Ariel Property Advisors has announced the availability of a prime Westchester waterfront development opportunity—the Glenwood Power Plant on the Hudson River in Yonkers. Ariel Property Advisors is marketing the property as a co-exclusive with ABS Partners Real Estate LLC. The site exceeds four acres and includes four vacant buildings, which add up to a footprint of approximately 62,000 square feet. Because the property isn’t landmarked, developers have the option of salvaging the Industrial Romanesque architectural design of the existing structures or demolishing them and building from the ground up. The property is 20 feet from the Glenwood Metro North…