DEAL OF THE DAY: Arbor Locks in 5.95% for 10-Year Terms on Two Small Loans
McKinleyville, Calif. –Arbor Commercial Funding LLC recently oversaw the funding of two loans under the Fannie Mae DUS Small Loan product line.
Del Sano Breaks Ground on Two MF Projects in Less Than a Week
Del-Sano Contracting Corp. has started construction on two major projects in the past week: Kershaw Commons, located in Freehold, N.J., and The Village at St. Peter’s located in Pleasantville, N.J.
The Making of MF LEED Silver in New Jersey
MHN talks to Edward Walters Jr., about his firm’s further plans for building another multifamily property that will be entirely solar powered.
Lisa O’Connor Is New Director of Sales in Atlanta for The Marketing Directors Names
Atlanta– The Marketing Directors has named veteran real estate professional Lisa O’Connor director of sales for Atlanta. O’Connor will oversee and implement sales strategies for the company’s growing portfolio of developments in the Atlanta market. O’Connor brings over 15 years of experience to her new role where she will direct sales for Viewpoint, Twelve Centennial Park and Paramount at Buckhead, three of the top-selling condominium communities in Atlanta in the 2nd Quarter.
New Marketing Team Turns Leasing Around at East Harlem’s 1,230-Unit Riverton Square
New York, N.Y.–Developed in 1944, Riverton Square encompasses 12 buildings stretching from Fifth Avenue to the Harlem River.
The Continental Group Promotes Tim O’Keefe to CEO and Rob Rabin to COO
Hollywood, Fla.—Property management company The Continental Group (TCG) has promoted Chief Operating Officer Tim O’Keefe to Chief Executive Officer, and Rob Rabin will assume the position of COO after serving as CFO for two years. O’Keefe takes over the top role at the company from Tom Roses who announced his retirement earlier this year. O’Keefe joined TCG in 2009 as COO and has made significant contributions to the company’s operational processes. Prior to TCG, O’Keefe served over 20 years in senior leadership roles, most recently as senior vice president of Resolve Corp., a former FirstService company that managed corporate marketing and…
DEAL OF THE DAY: HFO Announces Sale of Apartment Complex for $17M or $77,273/Unit
Clackamas, Ore.–HFO Investment Real Estate brokered the sale of the Twin Creeks Apartments, a 220-unit apartment complex built in phases starting in 1996 and completed in 1999.
The Making of Multifamily LEED Silver in New Jersey
MHN talks to Edward Walters Jr., founder and partner at the Walters Group, about the property and his firm’s further plans for building another multifamily property that will be entirely solar powered.
Student Apartments Take the Lead in National Building Competition
Chapel Hill, N.C.–The 850 students who live in the Morris Residence Hall in Chapel Hill, N.C., who attend UNC at Chapel Hill, had reason recently to cheer about an announcement from the U.S. Environmental Protection Agency.
Spanish-Speaking Apartment Renters Get Mobile Apartment Search Solutions
Norfolk, Va.–For Rent Media Solutions has launched the ParaRentar.com mobile site. ParaRentar.com is a fully-translated Spanish apartment search site. “The ParaRentar.com mobile site caters directly to the Spanish-speaking Hispanic audience,” says Terry Slattery, president of For Rent Media Solutions. “This is the first and only mobile website created with the Hispanic renter in mind. As of June 2010, the ForRent.com mobile site has generated 11 percent of traffic to ForRent.com. We hope to enjoy that same success with ParaRentar.com and the new mobile site.” According to research conducted during a Spring 2010 Pew Internet study, 87 percent of Hispanics own a cell…