News
Marcus & Millichap Among Top 100 InformationWeek Companies
Encino, Calif. – Marcus & Millichap Real Estate Investment Services has ranked No. 62 in InformationWeek magazine’s annual survey of firms offering innovative technology programs. This is the fifth consecutive year that Marcus & Millichap has earned a spot in the InfoWeek 500 ranking, and the first time it has appeared in the top 100 for its technology programs. Marcus & Millichap also secured a spot as the highest-ranking real estate services firm in this year’s survey. InformationWeek recognized several new programs implemented by Marcus & Millichap, including a property search program that offers more than 3.3 million properties for…
Inovonics’ Mark Jarman Appointed to UMCA’s Board of Directors
Louisville, Colo. – Inovonics, a provider of high-performance wireless sensor networks for commercial and life safety applications, today announced that Mark Jarman, president, has been named to the Utility Management and Conservation Association’s (UMCA) board of directors. Jarman will leverage his industry experience to raise awareness for utility conservation and cost-management initiatives in the multifamily housing industry. The UMCA community serves the multifamily and commercial real estate industry specific to resource conservation, metering, and utility management. The UMCA community focuses specifically on submetering and allocation billing methods in an effort to promote conservation to help reduce costs through resident accountability.
MHN Interview with Lisa Gelfand: Stimulus Money Helped Start Three Projects
Lisa Gelfand, principal at Gelfand Architects talks to MHN about the importance of the AARO funds in getting these projects done and the challenges in converting former these hotels into residential units.
DEAL OF THE DAY: Hendricks & Partners Oversees $1.7M Sale by Bankruptcy Trustee
Glendale, Ariz.- Hendricks & Partners participated the sale of The Courtyards Apartments, located at 6502 West Olive Avenue in Glendale, Ariz. The 108-unit apartment community was sold for $1,700,000.
NYC Doormen Receive Concierge Training at the Waldorf
New York–What does it take to be a better New York City doorman?
DEALS OF THE DAY: Waterton Buys $109.5M in Debt Backed by 4 Assets in North Carolina, California
Chicago– Waterton Residential has acquired $109.5 million of debt secured by four prime multifamily properties located in North Carolina and California.
ApartmentGrade.com and Satisfacts Form Alliance
Ewing, N.J.–ApartmentGrade.com and SatisFacts Research have formed a strategic alliance that provides ApartmentGrade.com with a comprehensive survey program to offer to apartment owners and managers so their communities may be rated and listed at the ApartmentGrade.com.
Wyoming’s Casper College Signs Modular Builder for New $23.5M Student Housing Project
Casper, Wyo.–Casper College in Casper, Wyo., has decided to go modular for its latest student housing project.
State of New Orleans Housing Stock Since Katrina
New Orleans–In the five years since Hurricane Katrina struck the Gulf coast, the New Orleans metropolitan area lost 75,000 housing units or nearly 13 percent of its housing stock.
D.C. Condo Project Nears Completion; Mostly Sold
Washington, D.C.–In a show of good sales in a condo market that isn’t seeing the strongest of times, the Harrison, a 49-unit project in the Friendship Heights area of the District, reports that it has sold 70 percent of its residences.