News
Lisa O’Connor Is New Director of Sales in Atlanta for The Marketing Directors Names
Atlanta– The Marketing Directors has named veteran real estate professional Lisa O’Connor director of sales for Atlanta. O’Connor will oversee and implement sales strategies for the company’s growing portfolio of developments in the Atlanta market. O’Connor brings over 15 years of experience to her new role where she will direct sales for Viewpoint, Twelve Centennial Park and Paramount at Buckhead, three of the top-selling condominium communities in Atlanta in the 2nd Quarter.
New Marketing Team Turns Leasing Around at East Harlem’s 1,230-Unit Riverton Square
New York, N.Y.–Developed in 1944, Riverton Square encompasses 12 buildings stretching from Fifth Avenue to the Harlem River.
The Continental Group Promotes Tim O’Keefe to CEO and Rob Rabin to COO
Hollywood, Fla.—Property management company The Continental Group (TCG) has promoted Chief Operating Officer Tim O’Keefe to Chief Executive Officer, and Rob Rabin will assume the position of COO after serving as CFO for two years. O’Keefe takes over the top role at the company from Tom Roses who announced his retirement earlier this year. O’Keefe joined TCG in 2009 as COO and has made significant contributions to the company’s operational processes. Prior to TCG, O’Keefe served over 20 years in senior leadership roles, most recently as senior vice president of Resolve Corp., a former FirstService company that managed corporate marketing and…
DEAL OF THE DAY: HFO Announces Sale of Apartment Complex for $17M or $77,273/Unit
Clackamas, Ore.–HFO Investment Real Estate brokered the sale of the Twin Creeks Apartments, a 220-unit apartment complex built in phases starting in 1996 and completed in 1999.
The Making of Multifamily LEED Silver in New Jersey
MHN talks to Edward Walters Jr., founder and partner at the Walters Group, about the property and his firm’s further plans for building another multifamily property that will be entirely solar powered.
San Francisco’s Condo Market on Upswing Again After June’s Decline
an Francisco–The economic crisis did not bruise San Francisco as badly as certain other major California cities like Los Angeles and San Diego, so its condominium market has not fared as poorly during the downturn.
MHN Interview with Armand Brachman: Acquisitions Will Be Significant Part of Dominium’s Growth in Foreseeable Future
Armand E. Brachman talks to MHN about Dominium’s acquisition strategy and how development has taken a back seat in the firm’s growth plans in recent years.
Student Apartments Take the Lead in National Building Competition
Chapel Hill, N.C.–The 850 students who live in the Morris Residence Hall in Chapel Hill, N.C., who attend UNC at Chapel Hill, had reason recently to cheer about an announcement from the U.S. Environmental Protection Agency.
DEAL OF THE DAY: George Smith Supplies Large, $32M, Construction Loan to Buyer to Complete Multifamily Project
Hollywood, Calif.–George Smith Partners, on behalf of an institutional client, completed a $32 million multifamily construction loan transaction.
PCCP and Ohio Public Employees Retirement System Form New Venture To Originate Senior Commercial Mortgages
San Francisco–PCCP, LLC and the Ohio Public Employees Retirement System have teamed up to form a new venture that will originate first mortgages.