News

Kettler Management President Cindy Clare Elected 2013 Secretary for the National Apartment Association

Kettler Management announced that its president, Cindy Clare, CPM, has been elected this year’s secretary at the National Apartment Association.

Randall Lofts Another Triumph for Downtown Ft. Wayne

The historic Randall Building in downtown Ft. Wayne is being converted to apartments in a $7.5 million renovation and adaptive reuse project being undertaken by Carmel, Ind.-based RealAmerica Development.

Economy Watch: Job Openings Up Since Early 2012

The Bureau of Labor Statistics’ JOLTS said that there were 3.7 million job openings on the last business day of January, little changed from the last business day of December.

‘What Renters Want’ with Jessica Fiur: Can You Back Up Your Community’s ‘Wow’ Factor?

It’s great to have really cool amenities. But renters are also looking for a nice, safe place to live. Do you offer both?

Guardian Acquires Executive Asset Management

Guardian announced that it has acquired a controlling interest in Executive Asset Management (EAM), an Atlanta-based residential and commercial real estate management company. The terms of the transaction were not disclosed.

TODAY’S DEALS: Federal Capital Partners Buys Virginia Asset for $20M

Federal Capital Partners buys 127 units; Centerline Capital arranges $6 million for a Pennsylvania purchase; and Beech Street Capital closes $5.7 million Fannie Mae conventional loan.

Recycled Millwork Panels Achieve a Unique Eco-Friendly Style

A new panel collection from Kirei embodies the old adage that ‘one man’s trash is another’s treasure.’ The finger-jointed millwork panels are built using falloff from flooring or casework manufacturing and waste wood from beetle-killed pine trees.

ChargePoint Partners with NYSERDA to Install More than 80 Electric Vehicle Charging Stations in New York

ChargePoint recently installed an electric vehicle charging station at the Solaire, a multifamily community in Battery Park City in Manhattan. This installation marks the first of more than 80 planned EV charging stations throughout New York.

TGM Buys Third Metro Chicago Multifamily Property

TGM Associates has acquired the Communities of Ascot Glen, a multifamily complex in Willowbrook, Ill., a western suburb of Chicago, for $101 million. The seller was RREEF, which was represented in the deal by HFF.

Conrad Egan Named Chairman of the Board at Community Preservation and Development Corporation

Community Preservation Development Corporation (CPDC), a nonprofit organization that revitalizes and creates affordable communities throughout the mid-Atlantic region, announced veteran housing and community development policy advocate Conrad Egan as chairman of its board of directors.