News
MIG Real Estate Acquires Three Multifamily Communities in Colorado
MIG Real Estate expanded its Colorado portfolio with the purchase of two multifamily properties in the Lakewood submarket of Denver and another in Golden, Colo.
Harmar Thompson Joins LCOR as Senior Vice President of Development
LCOR, a real estate investment, development and management company, announced that Harmar Thompson has been named a senior vice president of development, in its Bethesda office.
Arbor’s FHA Multifamily Lending Business Expansion Bolstered with Hiring of Two More Originators
Arbor Commercial Mortgage LLC, a direct commercial real estate lender originating on a national basis, has expanded its multifamily FHA loan origination capabilities further with the appointment of two experienced FHA Originations Directors in the company’s Boulder, Colo., and Chicago offices.
Robert Sheppard Named Executive Vice President Investments by Marcus & Millichap
Marcus & Millichap Real Estate Investment Services has promoted Robert Sheppard to executive vice president investments.
AHEPA Management Company Names Angela Clements as Regional Manager
AHEPA Management Company, a property management firm, which provides onsite management for affordable senior housing communities nationwide, has announced the promotion of Angela Clements, CPO, to the position of Regional Manager for Region 2.
Two Bronx Apartment Buildings Up for Grabs
DelShah Capital is putting two affordable housing properties in the Bronx on the market in a move that it says is part of refocusing its business.
New Student Housing Opens Featuring Townhouse-Style Apartments
Bison Run Village, the new 332-bed student housing community at the University of Wyoming includes 15 residential buildings and a 4,000-square-foot community center.
TODAY'S DEALS: Florida Asset Trades for $42M
ARA arranges the sale of a Florida asset for $42 million; The RADCO Cos. acquires a 402-unit portfolio in Georgia; and Walker & Dunlop provides a $9.5 million interim loan for a stabilizing property.
Cranes Move, Construction Begins at Buckhead Atlanta
By Georgiana Mihaila, Associate Editor Lifeless cranes will no longer stand watch over the luxury mixed-use development formerly known as Streets of Buckhead; developer OliverMcMillan, who took over the project in May 2011, has reportedly restarted work on the 1.5-million-square-foot mixed-use project now entitled Buckhead Atlanta. The Atlanta Business Chronicle reports that the San Diego-based […]
Private Investment Venture Snags All Foreclosed Properties in Macomb County for $4.9 M
By Veronica Grecu, Associate Editor Former yacht dealer and millionaire Bill McMachen and an unnamed partner snapped up all foreclosed properties in Macomb County at a public auction held last week at Freedom Hill in Sterling Heights. For $4.9 million or an average of $7,500 per property, the two buyers acquired an unprecedented lot of […]