NeighborWorks America Board of Directors Names Eileen M. Fitzgerald CEO
Washington, D.C.–The Board of Directors of the Neighborhood Reinvestment Corporation, doing business as NeighborWorks America, has appointed Eileen M. Fitzgerald as the new CEO. Fitzgerald has 25 years of experience in nonprofit and government leadership. She has served as the Acting CEO since January 2011, and was chief operating officer at NeighborWorks America starting in 2005. “The need to assist families and individuals with one of life’s basic building blocks – a healthy, safe and affordable home in a vibrant and safe community – has never been greater, making NeighborWorks America’s mission more critical than ever,” says Fitzgerald. “NeighborWorks America…
Sammons Enterprises Forms Compatriot Capital
Dallas–Sammons Enterprises Inc., one of the nation’s largest privately owned companies with assets approaching $50 billion, has announced the launch of a new real estate strategy under a newly organized subsidiary, Compatriot Capital, Inc. Paul E. Rowsey was named president and chief executive officer, and Mark D. Van Kirk will become senior vice president of Compatriot. Rowsey and Van Kirk joined Compatriot from E2M Partners, a Dallas-based private equity firm investing in national real estate assets on behalf of individual and institutional investors. In 2010, Sammons acquired a 30 percent interest in E2M after being a longtime investor in multiple…
Kenny Emson Named SVP of Finance and Administration for NMHC
Washington, D.C.—Financial and nonprofit veteran Kenny Emson has been named senior vice president of Finance and Administration for the National Multi Housing Council (NMHC). As a member of the Council’s senior leadership team, Emson will oversee the organization’s financial and administrative operations and will participate in the strategic planning process. Emson brings more than 20 years of experience to the position, including serving as chief development officer, senior vice president and chief financial officer for The Community Foundation for the National Capital Region, a philanthropic nonprofit that pools $350 million in charitable donations to make grants that benefit both Washington-area…
Toby Halliday Joins Stewards of Affordable Housing For the Future
Washington, D.C.—Stewards of Affordable Housing for the Future (SAHF) has announced the addition of Toby Halliday as executive vice president for policy and operations. Halliday will lead SAHF’s policy initiatives in addition to overseeing the organization’s operations and management. Halliday previously served as vice president for federal policy at the National Housing Trust (NHT), a SAHF member organization, for over three years. In this role he worked with Congressional and HUD leadership to promote the preservation and improvement of affordable rental housing, including testifying before Congress on these issues. Halliday coordinated and chaired the Preservation Working Group, a coalition of…
Abode Begins Work on SoCal Affordable Seniors Housing Projects
Los Angeles–Abode Communities broke ground recently on two new affordable seniors housing projects, Terra Bella in Bell Gardens and Hudson Oaks in Pasadena.
PODCAST: Economy Watch Weekly with Dees Stribling
For the week ending April 15, consumers plan to cut spending in the face of higher gas prices, and the government might cut spending too–but there’s no agreement on how just yet.
Announcing the 2011 MHN Excellence Awards Judges
The MHN editors have selected this year’s judges, who represent expertise across all multifamily disciplines, for the 2011 Excellence Awards.
ARA’s Dallas Office Adds Former Milestone Executive to Brokerage Roster
Dallas–Atlanta-headquartered ARA announces the addition of Richard Furr to ARA’s Dallas brokerage office. Furr will lead the Private Client Services team, specializing in product located throughout the Metroplex. Previously, Furr was head of acquisitions and a member of Milestone’s Investment Committee. Prior to that, he was an acquisition partner and divisional senior vice president at JPI. He has been responsible for over $1 billion of multifamily transactions throughout his 20-year career. Furr is a graduate of Texas Tech University and received his master’s degree in Land Economics and Real Estate from Texas A&M University.
Realfacts and Meyers LLC Strategic Partnership
Novato, Calif.—Realfacts and Meyers LLC have announced a strategic partnership to position itself as the preeminent source of information to the apartment industry. Together, they will provide a variety of services to meet the growing need for reliable data coupled with interpretive data analysis. The two entities lend 50+ years of experience in building successful businesses with respected brands. The partnership is a strategic alliance geared to comprehensively examine apartment markets as that sector gains momentum. Recent increases in demand and occupancy paint a healthy picture for apartment owners and investors in the next two years. Meyers and RealFacts each…
RENTCafé Internet Listing Service iPhone App Now Available
Santa Barbara, Calif.— Yardi announced today the launch of its RENTCafé.com iPhone application, which enhances the mobile dimension of the RENTCafe.com Internet listing service platform. The RENTCafé iPhone app was made available at Apple’s App Store on March 23. In the first two and half weeks of its deployment the RENTCafé iPhone app generated nearly 4,500 downloads and more 230,000 page views from users in more than 900 cities. Each user visited an average of 22 pages, and more than half revisited the site. The RENTCafé iPhone app has quickly gained traction in many major metropolitan areas, with high usage…