News
Capstone Real Estate Services Inc. Announces Promotions
Capstone Real Estate Services Inc. announced the promotion of two of its executives. Hugh A. Cobb, has been promoted to the position of chief operating officer and Grant Berkey has been promoted to senior vice president.
Elissa Stone Is Promoted to Vice President of Client Strategy at Guardian Equity Companies
Elissa (Palmer) Stone has been promoted to vice president of client strategy for Guardian Equity Companies (GEC), where she previously held a position of vice president of business development.
Red Capital Group Shares Mid-Year Multifamily Review & Outlook Report
Red Capital Group, LLC, has posted on its website its Research Team’s most recent multifamily housing industry report titled “Multifamily Housing Industry 2011 Mid-Year Review and Second Half Outlook Report.”
TODAY’S DEALS: IPA Sells 64-Unit Community for $14.85M
Institutional Property Advisors arranges the sale of a Newport Beach community; Essex Realty Group sells a 20-unit walk-up in Chicago; and HFF is named to market the sale of an Ohio portfolio.
Dallas Development is Avant-Garde by Design
The neighborhood known as the Design District, situated just north of downtown Dallas, is emerging as one of the hottest new residential enclaves in Big D. Soon it will have a Class A luxury apartment community designed to be just as avant-garde.
Hitting Bottom: A Look at Multi-Housing in Florida
Florida is seen as the poster child for the condo conversation craze, a term that makes Jack McCabe cringe, even though he doesn’t think the market will stabilize until 2013.
Campus Advantage Achieves Student Housing Industry Milestone
Campus Advantage recently announced a 45 percent returning resident ratio for the 2011-2012 school year among its managed student housing portfolio–a percentage that’s unprecedented in the student housing industry.
Michaels, LINC Housing Kick Off $23M Affordable Seniors Housing Project in Oakland
The Michaels Development Company and LINC Housing Corporation will soon add 119 rental residents to West Oakland’s affordable housing pool.
Oklahoma City Apartment Property Seeks Buyer
Recently ARA was tasked to take the 708-unit Lincoln at Central Park apartment property in Oklahoma City to the investment market to look for a buyer, and has ‘found interest from most every investor type.’
Economy Watch: Among Euro-Troubles, Ireland Not Doing Badly
Are there grounds for optimism about the European economy? Maybe in Ireland. The Irish economy posted a 1.6 percent quarterly GDP gain from the first to the second quarter of 2011.