Tower Cos. Develops ‘Ecopads’ for Green-Conscious Renters
Silver Spring, Md.–Will green features in apartment residences attract renters in a market with a fair amount of choice?
ARA Opens Portland, Ore. Office, Expands Northwest Presence
Portland, Ore.–Atlanta-headquartered Apartment Realty Advisors (ARA) recently opened its Portland, Ore. office, under the leadership of Gail Neuburg, former co-owner and operator of Portland-based Tilbury, Ferguson & Neuburg, Inc. This is ARA’s 20th location and expands its existing Northwest presence—ARA’s Seattle, Wash. office opened in 2007. According to Neuburg, “The ARA platform will substantially enhance our service delivery to our clients by allowing us to immediately leverage off of the relationships, knowledge and infrastructure of this powerful team of brokers.” Neuburg and her team will continue to specialize in representing both institutional and private capital owners and investors in the…
HUD Puts Grant Money Behind New LEED Standard
Washington, D.C.–The goal of LEED-ND is to help reduce sprawl, decrease automobile dependence, encourage healthy living and protect threatened species.
Berkadia Commercial Mortgage’s Mike Bryant to Serve on Freddie Mac Advisory Council
Dallas–Senior vice president/branch manager Mike Bryant of Berkadia Commercial Mortgage’s Dallas office, has joined the Freddie Mac Program Plus Advisory Council for a two-year term. The advisory council members work as advisors to Freddie Mac on market issues, programs and process issues. Bryant has 30 years of real estate experience and has originated more than $1 billion in commercial real estate loans over the past six years. A specialist in multifamily real estate finance, Bryant is a top originator of loans through Berkadia’s Freddie Mac and Fannie Mae programs. “With his extensive multifamily finance experience, Bryant will be a great…
NWP Services to Introduce Next Gen Utility Management Offering at NAA 2010 Conference
Irvine, Calif.–NWP Services Corp. (NWP) will introduce its next generation utility management offering, UtilitySmart, at the National Apartment Association’s (NAA) Annual Education Conference and Exposition on June 24-26 in New Orleans, La. “UtilitySmart is an all-new utility management suite of products that wholly targets one of multifamily properties’ largest operating expenses: utilities,” says Michael Radice, president and CEO of NWP Services Corporation. “With it, owners and operators can effectively control, manage and plan utility spend with precision, and as a result, gain measurable increases in Funds from Operations (FFO), Net Operating Income (NOI) and asset value of their properties,” Radice…
MHN at REIT Week 2010: Video Interview with Brad Case
Chicago–MHN talks to Brad Case,VP Research and Industry Information, NAREIT, about advantages that REITS have over other real estate investors.
REIT Week 2010: Economic Outlook Optimistic, Except For When It’s Not
Chicago–If the recession is indeed over, what will GDP growth and the unemployment picture be going forward?
MHN at REIT Week 2010: Video Interview with Michael C. Hawkins
Chicago–MHN talks to Michael C. Hawkins about why multifamily REITS have an advantage over other property types in the current economic climate.
Lane Company Expands Student Housing Outreach
Atlanta–Multifamily real estate firm Lane Co. has announced that it will expand its outreach into the student housing area.
Partly Built Oakland Apartment Project Revived After Three Years
Oakland, Calif.–City Walk, an apartment development in downtown Oakland had been stalled for about three years.