News

Interface Names Wes Millner Managing Director of Military Sales

Growing what already is a strong foothold in the military sector, Interface is seeking an even larger share of that market and has named Guy Wesley (Wes) Millner to a newly created position of managing director of military sales.

UDR Lower Manhattan Properties Fully Functional

Damage estimates from Hurricane Sandy, which roiled the Northeast a month ago, are still coming in. Multifamily specialist UDR has reported that it estimates that the storm caused total damages to the properties of between $28 million and $32 million.

MHN Interview: Clark Realty Capital and the Wounded Warrior Home Project

MHN talks to A.J. Caputo of Clark Realty Capital about the Wounded Warrior Home program, working with architect Michael Graves and IDEO, and designing beautiful and functional living spaces for disabled individuals.

TODAY’S DEALS: GDC Breaks Ground on Luxury Rental in Orlando

GDC breaks ground on a six-story luxury rental development; Baron Properties picks up a 380-asset in Houston; and HFF closes on the $39.3 million sale of an East Orange, N.J. apartment property to SDK Apartments.

Power Outages and Technology 101: What Companies Need to Know

In the wake of Hurricane Sandy, even the most disaster-ready New Jersey businesses learned that the best laid plans can fall short. et according to Dawn Bernstel, director of customer care for Integrated Business Systems, while some things cannot be controlled, companies can take steps to better prepare themselves for “next time.”

Tryko Partners’ Loch Raven Village Renovation Nears Completion

Just one year after it was purchased by Tryko Partners LLC, Loch Raven Village Apartments, a 495-unit Baltimore rental community, has reached 96 percent occupancy.

Economy Watch: Home Prices Continue Upward

According to the latest S&P Case-Shiller Home Price Indexes residential property prices are still on the rise.

‘Business Development 101’ with Marilyn Mendell. Part 4: Building Lasting Relationships

A business development professional must have four qualities: a high standard for ethics, an amazing ability to forecast and carry out plans, impeccable manners and an understanding of the nuances of societal order, and finally plenty of empathy.

Charles M. Moran to Head Property Management at Vesta Corporation

Charles M. Moran, formerly a senior executive in operations with private company Conifer Realty and non-profit The Community Builders, joined the Vesta Management subsidiary of the Vesta Corporation.

Beech Street Capital Names Tyler Griffin Vice President of Originations at its NY Office

Beech Street Capital LLC, announced that it had promoted Tyler Griffin to the post of vice president of originations at its New York Office. Griffin will focus on multifamily and commercial real estate debt financing nationwide, with an emphasis on FHA programs.