JLL Strengthens Multifamily Team in SoCal
San Diego–Higher occupancies and rising rental rates in the Southern California apartment market are creating a significant demand for investment sales expertise, prompting Jones Lang LaSalle to hire big guns.
Elizabeth, N.J., Celebrates Completion of Waters Edge Crescent
Elizabeth. N.J.–The opening of Waters Edge Crescent marks the completion of the Elizabeth’s 14-year initiative to demolish approximately 650 distressed public housing units and rebuild the same number of newly constructed modern affordable housing units.
Allied Realty Kicks Off Construction of Suburban Houston Luxury Apartments
The Woodlands, Texas–Allied Realty breaks ground on The Retreat at The Woodlands, a community of 240 luxury apartment residences.
MHN Interview: Archstone’s Jay Curran
Jay Curran was recently named Archstone’s vice president of development for Texas. He talks to MHN about capitalizing on opportunities in the region.
DEADLINE EXTENDED: Submissions Due July 15
MHN has extended the deadline for the 2011 Excellence Awards! Entries are now due Friday, July 15.
Behringer Harvard Launches BH Capital, Targeting Debt Investments
Dallas–Behringer Harvard has announced the formation of BH Capital, LLC, a Behringer Harvard-related company that will focus on the acquisition of small-balance debt instruments sold on the secondary market via individual transactions or portfolio sales.
Management Resource Center Names Liedel President and CEO
Carlsbad, Calif.–Management Resource Center has named Sabine Liedel, CMCA, as the company’s president and chief executive officer.
Willis North America Offers Bed Bug Insurance
Willis has introduced Bed Bug Infestation Recovery Insurance, designed to protect property owners in a number of ways from bed bug problems.
Luxury Apartments near Texas Medical Center Get Underway
Houston–Archstone has begun construction on a 474-residence project near the Texas Medical Center in Houston, where more than 93,000 employees work.