News
MHN Interview: Mara Geltzeiler, SVP, Centerline Capital
Centerline Capital Group, a subsidiary of Centerline Holding Company, recently hired Mara Geltzeiler as senior vice president for its Mortgage Banking Group. Before joining Centerline, Geltzeiler worked for Freddie Mac in their Northeast Region.
Beech Street Capital Recruits Seasoned Veterans to Continue Building Seniors Housing Practice
Beech Street Capital LLC, a full-service national lender to the multifamily, seniors housing, and health care industries, announced today that it has hired James Sherman as executive vice president – seniors housing to continue building the company’s seniors housing practice.
Rhonda Johannesen Joins University Student Living as Senior Vice President of Campus Real Estate Development
Rhonda K. Johannesen has joined University Student Living LLC as senior vice president of Campus Real Estate Development.
When Choosing a Deck, Pick One to Last
The resort-style pool and sun deck is really the shining star of the rental amenity space. It is also the most expensive to construct and maintain. There are a lot of choices out there when it comes to deck materials, but the sheer volume of traffic an apartment deck sees makes composite construction a necessity.
Morgan Group Constructing 240-Unit Class-A Jacksonville Property
The Morgan Group, a Houston-based multifamily developer and property management firm, has begun construction on a 240-unit Class-A apartment community located in the Southside/JTB growth corridor in Jacksonville, Fla.
Economy Watch: Shoppers Not Shopping Quite as Much This Summer
In synch with the generally grumpy mood consumers have been in lately, U.S. retail sales dropped 0.5 percent in June compared with May, according to the Census Bureau.
APARTMENT MARKET STATISTICS: August 2012
Median condo/coop sales price increased to the highest reported price level ($175,000) in two years, according to data reported in the August 2012 Apartment Market Statistics section.
AUM Appoints Joseph R. Stackhouse Chief Operating Officer
American Utility Management, Inc. (AUM) announced today that it has appointed Joseph R. Stackhouse chief operating officer.
LCOR Names Michael Smith Senior Vice President of Development
LCOR, a real estate investment and development company, has announced that Michael Smith, a 25-year industry veteran, has been named senior vice president of LCOR’s Washington D.C.-area office.