News
MHN Interview: Why Now Is a Good Time for Multifamily Acquisitions
MHN speaks with W. Dean Henry, president of Legacy Partners Residential, about why now is the best time for multifamily acquisitions.
TODAY'S DEALS: Beech Street Refinances Alabama Asset
Beech Street closes a $25 million Freddie Mac CME loan for a Mobile, Ala., asset; The Bascom Group acquires two properties in California for $18.7 million; and Pearlmark Real Estate closes a $6.2 million mez loan for a new construction project.
Eco Building Products Advances the Industry Standard for Lumber
The idea lumber will protect from mold, wood-rot, termites and fire for the life of a development. Eco Red Shield Protected Lumber from Eco Building Products works to combat all four problems and is the only lumber that comes with a 10-year warranty to back it up.
Berkeley Point Capital Hires Anurag Saksena as its Chief Risk Officer
Anurag Saksena recently joined Berkeley Point Capital LLC as its Chief Risk Officer in the firm’s headquarters in Bethesda, Md. He will report directly to Jeff Day, CEO, and will be responsible for leading enterprise-wide risk strategy for the firm.
Enterprise Names Abby Jo Sigal SVP of Innovation and Shola Olatoye VP and New York Market Leader
Enterprise Community Partners Inc. announced that Abby Jo Sigal has been promoted to SVP of Innovation, and Shola Olatoye has been promoted to VP and New York market leader.
Work Begins on Affordable Seniors Housing in Baltimore
Enterprise Homes has broken ground on the Greens at Irvington Mews, a 100-unit affordable housing development in Baltimore.
AVR Homebuilders Captures Prestigious Energy Star Award
AVR Homebuilders, a division of AVR Realty Company LLC, was one of two residential developers in the United States to be awarded a 2012 Energy Star Partner of the Year-New Home Builder award by the U.S. Environmental Protection Agency.
MHN Interview: Rose Associates’ Unique Approach to Developing The Sheffield
MHN talks to Jack Levy of Rose Associates, who explains why, unlike with most buildings, The Sheffield’s amenities were developed last.
Economy Watch: Spain Asks for Help, Gets $125B for Banks
On Sunday, Spain became the largest of the euro-zone countries to request a bailout, and European finance ministers agreed that banks of the beleaguered nation could receive up to $125 billion, or 100 million euro, in funds to keep them afloat.