PHFA Executive Director Elected Vice President of National Organization of State Housing Finance Agencies

Harrisburg, Pa.–Brian A. Hudson Sr., executive director and CEO of the Pennsylvania Housing Finance Agency (PHFA), was recently elected to serve as vice president of the National Council of State Housing Agencies (NCSHA.) NCSHA is a national nonprofit, nonpartisan association that represents the affordable housing interests of housing finance agencies before the administration and Congress. Its members are the HFA’s of the 50 states, the District of Columbia, New York City, Puerto Rico, and the U.S. Virgin Islands, and more than 300 of their affordable housing partners. Hudson served the council previously as secretary-treasurer. His election as vice president came…

Newark Residential Redevelopment Plan Bearing Fruit

Newark, N.J.–Developers in Newark, N.J., are on the verge of completing the first redeveloped residential properties in a larger plan to rehabilitate part of Newark’s West Ward.

Investor Buys New Jersey Apartments for $24M, Plans Redevelopment

New York–Phoenix Realty Group (PRG) has bought 548 distressed rental units for $24.2 million in East Orange, N.J.

Property Tours: Dixon Mills

Kristin Hurd, director of sales at The Residences at Dixon Mills, takes MHN on a tour of the property located at 158 Wayne Street in Jersey City, New Jersey.

Eric Brown

Eric Brown, owner, Urbane Properties in Royal Oak, Mich., served as a judge for the 2010 MHN Excellence Awards. He talks to MHN about iPads in the leasing office as well as his company’s experiences with relationship marketing.

Interview with Lori Reeves: Green Elements Become Important Component of Design

Forest City CIO Lori Reeves is hooked on IT–there’s always something new to learn

MITS Unveils New Multifamily Data Transfer Standard

Washington, D.C.–The Multifamily Information and Transactions Standards (MITS) initiative has taken another step in its stated goal of creating shared data standards.

$155M Mixed-Use Residential Project to Create Job, Put Spotlight on Downtown Indianapolis

Indianapolis–Undeterred by the economic slump and intent on boosting the local employment rate, a public-private team is proceeding with the development of a $155 million mixed-use residential property in downtown Indianapolis.

HI-MACS Galaxy Introduced for LEED Building & LEED for Homes Design

LG Hausys America Inc. Surfaces Division has introduced the next dimension of solid surface materials with HI-MACS Galaxy.

Pending Homes Sales Up Slightly, Condos May Not Benefit

Washington, D.C.–Since the expiration of the federal home sales tax credit earlier this year, sales of all kinds of residential property have been near catatonic.