Vantage and Angelo, Gordon & Co. Acquire AIG’s Jersey Multifamily Portfolio

New York–Vantage Properties and Angelo, Gordon & Co. have acquired AIG’s Central New Jersey Multi-family Portfolio, comprised of six multifamily rental properties totaling 2,200 units.

Selin Joins Wilson Company as CFO

Tampa, Fla.–The Tampa-based Wilson Company has appointed Doug Selin to the position of chief financial officer.

Economy Watch: June Jobs Numbers Really Just More of the Same

“Unchanged” statistics mean bad news for unemployment; outstanding consumer credit edged upward in May; and Washington is no closer to averting a U.S. debt default.

Walker & Dunlop Hires Taylor as SVP of Multifamily Finance

Bethesda, Md.–Douglas L. Taylor has joined Walker & Dunlop as senior vice president of the multifamily finance division.

PODCAST: Economy Watch Weekly with Dees Stribling

Economic news was mostly bad for the week ending July 8, with employment numbers looking ugly, construction spending down and the debt ceiling deadline closing in.

Economy Watch: Employment Numbers Disappoint Severely in June

The number of jobs created in June was far offset by the number lost; a bill is introduced that would merge Fannie and Freddie; and the debt ceiling clock ticks loudly.

‘The Accidental Economist’ with Jack Kern: Ordinary People

The people who rent apartments are not objects of study and derision for homebuilders, but instead just ordinary people who need a place to live.

$40M Historic Preservation Project Converts Courthouse to Apartments

The Alexander Co. is transforming the long-shuttered, 1930s-era U.S. Federal Courthouse in downtown Kansas City, Mo., into 176 high-quality workforce-housing apartment residences.

Sperry Van Ness Aligns with Bluestone & Hockley

Portland, Ore.–Sperry Van Ness International has expanded its presence in the Portland, Ore., metropolitan area with the addition of Bluestone & Hockley Real Estate Services.

PropertyBridge and On-Site Introduce New Online Leasing Tool

Oakland, Calif.–PropertyBridge Inc. has partnered with online leasing automation provider On-Site.com to answer the call to provide a new online leasing solution.