Mid-Atlantic
Mack-Cali Buys Suburban D.C. Apartments for $262M
Mack-Cali Realty Corp. has acquired an 828-unit multifamily property, Crystal House, in the Crystal City section of Arlington, Va., for about $262.5 million. The acquisition was made in partnership with a fund advised by UBS Global Asset Management.
Jonathan Loretta Joins LCOR as Senior Accountant
LCOR, a fully integrated real estate company specializing in property investment, management and development, announced that Jonathan Loretta has joined the team as senior accountant.
Campus Apartments to Create New Howard University Student Housing
A dedicated residential neighborhood for underclassmen will be established at Howard University, according to development plans announced by Campus Apartments.
MBA Promotes Ken Markison to Vice President and Regulatory Counsel
avid H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), today announced the promotion of Kenneth A. Markison, Esq., formerly associate vice president and Regulatory Counsel, to vice president and regulatory counsel.
Groveton Green Maryland’s First Gold Certified LEED for Homes
Groveton Green Apartments, a 226-unit luxury apartment community in Owings Mills, Md., has been awarded LEED Gold certification from the U.S. Green Building Council.
Kettler Management President Cindy Clare Elected 2013 Secretary for the National Apartment Association
Kettler Management announced that its president, Cindy Clare, CPM, has been elected this year’s secretary at the National Apartment Association.
Conrad Egan Named Chairman of the Board at Community Preservation and Development Corporation
Community Preservation Development Corporation (CPDC), a nonprofit organization that revitalizes and creates affordable communities throughout the mid-Atlantic region, announced veteran housing and community development policy advocate Conrad Egan as chairman of its board of directors.
Wood Partners Announces Two Promotions in Mid-Atlantic Region
Wood Partners announced it is promoting Carter Siegel to the position of regional director of the company’s Mid-Atlantic region, which currently includes Virginia, Maryland, Delaware, Pennsylvania and Washington, D.C.
Michael Steiner to Lead Corvias Group’s Military Housing Division
Corvias Group, a privately owned, vertically integrated real estate group, announced that Michael Steiner has been promoted to managing director of the company’s military housing division, Picerne Military Housing.
Capital Improvement Complete at D.C.’s Marbury Plaza
A $5 million capital improvement program is complete at the 672-unit Marbury Plaza apartment community in Washington, D.C. In its wake, the community is being given another round of upgrades priced at $1.3 million.