Bob Greer Tapped to Be Vice Chair of NAHB’s Housing Credit Group

Robert Greer, president of Michaels Development Co., has been appointed vice chair of the National Association of Home Builders’ (NAHB) Housing Credit Group. He will assume chairmanship of the group in 2011.

MARKET REPORT: Philadelphia Remains Relatively Healthy Apartment Market

The basic apartment fundamentals in Philadelphia are stronger than most other metro areas in the nation, asserts Joseph Pasquarella, managing director of Integra Realty Resources-Philadelphia, a commercial real estate valuation and consulting firm.

30 Condos Hit the Auction Block in Suburban N.J.

A total of 30 condominium residences located in East Orange, N.J. will be offered at a developer close out auction on April 18th by Sheldon Good & Co.

Walker & Dunlop Achieves Freddie Mac Status in New York Metro Area

Freddie Mac has approved Walker & Dunlop as a Program Plus Seller/Servicer in the New York metropolitan region.

Condo Sales Rise Since Last January: NAR

Sales of existing condominiums and co-ops slid 8.1 percent to an annualized rate of 620,000 in January, according to the National Association of Realtors, down from 675,000 in December.

New Harlem Co-Op Opens Doors to Residents

Resident move ins have begun at Ellington on the Park, a new cooperative building in Harlem. The Ellington features 133 homes, and also includes 3,420 square feet of ground floor retail space, a gym, a courtyard, and a 31-car underground parking garage.

Spanish Firm Wants to Buy Distressed Assets in Manhattan

Espais Promocions Immobiliàries (Espais) plans to continue its expansion internationally by developing new projects in Florida and pursuing the acquisition of several properties in the New York market.

Washington University Pre-Med Student Wins Broadway Show Tickets Through Contest

Meghan Wright, a 22 year-old pre-med student at Washington University in St. Louis, Mo. recently entered a contest and won tickets to the RENT Broadway show.

SureDeposit Hires Regional Account Manager, Analyst

Paul Garcia has joined SureDeposit as a regional account manager and Frank DiMarzio has joined SureDeposit as an analyst.

Ted Tozer Is New President of Ginnie Mae

Ted Tozer was sworn in today as the President of the Government National Mortgage Association (Ginnie Mae).