National
HUD Puts Grant Money Behind New LEED Standard
Washington, D.C.–The goal of LEED-ND is to help reduce sprawl, decrease automobile dependence, encourage healthy living and protect threatened species.
Berkadia Commercial Mortgage’s Mike Bryant to Serve on Freddie Mac Advisory Council
Dallas–Senior vice president/branch manager Mike Bryant of Berkadia Commercial Mortgage’s Dallas office, has joined the Freddie Mac Program Plus Advisory Council for a two-year term. The advisory council members work as advisors to Freddie Mac on market issues, programs and process issues. Bryant has 30 years of real estate experience and has originated more than $1 billion in commercial real estate loans over the past six years. A specialist in multifamily real estate finance, Bryant is a top originator of loans through Berkadia’s Freddie Mac and Fannie Mae programs. “With his extensive multifamily finance experience, Bryant will be a great…
Economic Recovery Is Taking Strong Roots in Inner Cities
James Brooks talks about what the Inner City 100 recognition means to the company and why he thinks cities are powerful economic engines.
Apartment Downturn Still Not Over but Prospects for Multifamily REITs are Improving, Says Moody’s Report
Multifamily performance over the next few quarter may experience some turbulence, according to analysis by Moody’s Investor Services.
NWP Services to Introduce Next Gen Utility Management Offering at NAA 2010 Conference
Irvine, Calif.–NWP Services Corp. (NWP) will introduce its next generation utility management offering, UtilitySmart, at the National Apartment Association’s (NAA) Annual Education Conference and Exposition on June 24-26 in New Orleans, La. “UtilitySmart is an all-new utility management suite of products that wholly targets one of multifamily properties’ largest operating expenses: utilities,” says Michael Radice, president and CEO of NWP Services Corporation. “With it, owners and operators can effectively control, manage and plan utility spend with precision, and as a result, gain measurable increases in Funds from Operations (FFO), Net Operating Income (NOI) and asset value of their properties,” Radice…
REIT Week 2010: Economic Outlook Optimistic, Except For When It’s Not
Chicago–If the recession is indeed over, what will GDP growth and the unemployment picture be going forward?
MHN Interview with James Brooks: Economic Recovery Is Taking Strong Roots in Inner Cities
Atlanta–James Brooks talks about what the Inner City 100 recognition means to the company and why he thinks cities are powerful economic engines.
John C. Santora Named CEO of Client Solutions at Cushman & Wakefield
New York–John C. Santora has been named chief executive officer, client solutions at Cushman & Wakefield. This is a new position overseeing one of the firm’s largest operating units. Santora, who has served as president and chief executive officer for the firm’s Americas region since mid-2008, had previously served as global chief operating officer. He is based in New York. “As we streamline our operations to emphasize quality and consistency of service on a global basis, Santora is uniquely qualified to drive our global corporate services business forward,” says Glenn Rufrano, Cushman & Wakefield’s president and chief executive officer. “Global…
Pending Home Sales Increase May Signal Growing Confidence in Economy
Washington, D.C.–Pending home sales are at the highest level since last October.
MF Owners Eye Car-Charging Stations With Interest
A handful of multifamily properties have already installed charging stations for cars.