News

Terra Search Partners Names Search Veteran Linny Simkin as Senior Principal

San Francisco -based Terra Search Partners, an executive search firm specializing in the real estate industry, announced that Linny Simkin has been promoted to senior principal of the firm.

Prism Capital Partners Adds Resident-Only Store to NJ MF Development

As a special amenity for its residents, Prism Capital Partners has opened a convenience store in its newly opened Parkway Lofts, a 361-apartment multifamily that was redeveloped from a century-old landmark of a six-story warehouse.

Economy Watch: New Homes Sales Dip Unexpectedly

Sales of new single-family housing came in at an annualized rate of 384,000 units in March, according to the Census Bureau.

Centershift Keeps the Storage Industry Running Smoothly

MHN interviews James Hafen about cloud-based technology and Yardi’s latest acquisition.

Apartments and the International Investor

While apartments were relatively unknown as an investment class in the 1980s, risk-return characteristics have proven solid overtime, and now everyone wants a piece of the North American multifamily market.

Chozick Realty Brokers 96-Unit Student-Oriented Community Near UConn

Chozick Realty announced that it has brokered the sale of the 96-unit Orchard Acres Apartments community located near the University of Connecticut in Storrs, Conn.

Grand Peaks Begins Work on Denver-Area TOD

Construction is under way on Elevation at County Line Station, a 265-unit apartment property in Englewood, Colo.

The LaSalle Group Names Sherry Daughtery Director of Finance

The LaSalle Group, Inc., a national leader in memory care, has announced the recent appointment of Sherry Daughtery as the company’s director of finance.

TODAY’S DEALS: Hayman Buys 1,002-Units in Ann Arbor

Hayman Company buys two adjacent apartment assets in Michigan; NorthMarq closes a $30 million construction loan; and HFF closes sale of, and secures financing for, AEW, Marquette’s Chicago property.

Franklin Street Appoints Danny York to President of Capital Advisors Division

Franklin Street has appointed Danny York to president of its Capital Advisors (FSCA) division.