News

George Smith Partners Hires Financing Expert Stephen Stein

Commercial real estate investment banking firm George Smith Partners has announced the addition of Stephen Stein as a vice president for the company.

NYC Property Tax Policies Favor Homeowners Over Renters, Report Finds

Owners of New York City’s large rental apartment buildings shoulder a disproportionate share of the city’s overall property tax burden, due to the fact they are subject to a higher effective property tax rate than owners of one- to three-bedroom homes.

MHN Interview: Tonya Clark, CPM, Regional Manager, Housing Management, Housing Opportunities Commission


MHN interviews Tonya Clark, CPM, regional manager, Housing Management, Housing Opportunities Commission.

Economy Watch: Hiring Takes a Dip in April

The headline numbers for employment were an increase of 115,000 in April and a small drop in the unemployment rate for the month, to 8.1 percent.

TODAY’S DEALS: CBRE Arranges Sales of Two Luxury Apartment Buildings on Capitol Riverfront

CBRE arranged the sale of two elite, Class A high-rise apartment properties; and Red provides FHA, Fannie Mae seniors housing funding.

Jerry D. Warshaw to be Inducted into NAA Hall of Fame

The National Apartment Association (NAA) announced that Jerry D. Warshaw, CPM, CAPS, founder and president of Atlanta-based Warshaw Properties, will be inducted into the NAA Hall of Fame.

Berkeley Point Capital Welcomes Executive Joe Turitz

Joseph Turitz recently joined Berkeley Point Capital LLC as General Counsel and Corporate Secretary in its Bethesda, Md., headquarters.

Park and Urban Beach Revitalize New Jersey

New Jersey Governor Chris Christie and Richard LeFrak, chairman and CEO of the LeFrak Organization, announced the opening of Newport Green, a 400-acre mixed-use property, the latest development in Jersey City.

Economy Watch: April Hiring Tepid

Economists had thought that hiring would be a little weak in April, and they were right.

NDC Launches New Equity Fund

The National Development Council has launched its 10th low-income housing tax credit fund.