News
Jeff McClure to Lead Greysteel Capital Markets
The Greysteel Company announced the appointment of Jeff McClure as managing principal of Greysteel Capital Markets, its newly launched real estate investment banking and finance affiliate.
Economy Watch: Americans Nervous About Economy
These are nervous days. Gallup reported on Tuesday that Americans’ confidence in the economy has deteriorated more in the past week during the partial government shutdown than in any week since Lehman Brothers collapsed in Sept. 2008.
MVE & Partners Expands Leadership Team
MVE & Partners, an architecture planning and design firm, announces the hiring of a new principal, Marios Savopoulos, AIA.
TODAY’S DEALS: Raymond James Completes $195M LIHTC Fund
Raymond James completes a construction/rehab LIHTC fund; Greysteel arranges a 100-unit sale in Maryland; and distressed communities to get a $100 million lift from Bank of America, Enterprise and LISC.
Greystone Closes $20.15M CMBS Loan on Houston Multifamily Community
Greystone announced Monday that it has closed a $20.15 million CMBS loan for the Houston property The Place at Greenway on behalf of co-sponsors Redwood Capital Group of Chicago and BH Management Services of Des Moines.
Nest Protect is Much More Than a Smoke Alarm
Nest Protect is a combination smoke and carbon monoxide detector built for the 21st century.
President Jan Berman Elected to Green Light New York Board of Directors
Jan Berman, president of MechoSystems, has been elected to the Board of Directors of Green Light New York (GLNY). His nomination was unanimously approved.
Greystar Begins Construction on Fort Lauderdale Luxury Apartments
Greystar has begun construction on Elan 16Forty, a new 261-unit, mid-rise apartment community in Fort Lauderdale’s growing downtown district, which will also offer 2,300 square feet of retail space.
Economy Watch: U.S. Top Oil and Gas Producer in the World
Not much economic data is coming from the federal government these days, but the U.S. Energy Information Administration did manage to release a report on American oil and natural gas production.