News

TCA Architects Announces Aram Chahbazian President of the Firm

Chahbazian leverages more than 25 years of experience as a design principal to guide his responsibilities in developing TCA’s operating platform and vision to support long-term growth

Ann Arbor $50 Million Mixed-Use Building in the Works

Property owner Phil Sotiroff is hoping to convert his building on 1320 S. University into a $50 million mixed-use building in Ann Arbor, which would bring more student housing and encourage greater walkability and density to the South University Downtown Area.

Bradley Lerman Appointed General Counsel and Corporate Secretary of Fannie Mae

Fannie Mae announced today it has appointed Bradley Lerman, 56, as executive vice president, general counsel and corporate secretary effective October 1, 2012.

Builder Confidence Continues to Gain Momentum in September

Builder confidence in the market for newly built, single-family homes rose for a fifth consecutive month in September to a level of 40 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.

Yardi Receives Safe Harbor Framework Compliance Certification

Yardi announced that it is certified as compliant with the Safe Harbor Framework principles established jointly by the U.S. Commerce Department and the European Union.

Grace Hill Inc., Sponsors Multifamily Training Benchmark Survey

Grace Hill, Inc., a provider of online education and learning management solutions for the multifamily housing industry, announced it is sponsoring the 2012 Multifamily Training Benchmark Survey.

Economy Watch: Manufacturing Sector Running Out of Steam

The Empire State index unexpectedly decreased to negative 10.4 in September from negative 5.9 in August, according to the New York Federal Reserve’s manufacturing survey, which was released on Monday. It’s the lowest reading since November 2010.

R.E.M. Residential Buys 40-Year-Old Management Firm

R.E.M. Residential has acquired LWL Associates, a boutique management firm that has been in business for over 40 years, announces Rick Elezi, president of R.E.M.

Investor Snaps Up San Antonio Apartment Property

The Palomino, a 484-unit multifamily complex in San Antonio, has traded hands for an undisclosed price.

PROFILE: Brian Ahern, Architect

One of the biggest lessons for developers and designers alike in historic adaptive reuse projects, suggests architect Brian Ahern, is the need to keep in mind that there may be many unforeseen building conditions which you cannot account for until you rip things apart.
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