Northeast

Perkins Eastman Research Collaborative and the Alzheimer’s Foundation of America Team Up to Identify Best Design Practices for Dementia Care Facilities

Perkins Eastman Research Collaborative and the Alzheimer’s Foundation of America announced the publication of the white paper, “Excellence in Design: Optimal Living Space for People With Alzheimer’s Disease and Related Dementias,” which details best design practices concerning residential care settings for individuals living with Alzheimer’s disease.

Ingerman Nears Completion on Collings Second Phase

The second and final phase of The Collings at The LumberYard, an apartment development in metro Philadelphia, has topped off.

Madison Apartment Group’s Anne-Marie Niklaus Named Regional VP of IREM

Philadelphia—Anne-Marie Niklaus, divisional vice president of Madison Apartment Group, LP, the multifamily operating arm of Equus Capital Partners, has been named 2015-2016 regional vice president for Region #2 of the Institute of Real Estate Management (IREM).  With more than 18,000 members worldwide, IREM has been a trusted source for education, resources, information and membership for real estate management professionals for more than 70 years. During her two-year term, Niklaus will have oversight over IREM chapter activity throughout Pennsylvania, Delaware, New Jersey and New York. Anne Marie previously served in a number of chapter leadership positions, including President of IREM’s Delaware…

The Marketing Directors Expands NYC Office with New Hire

Dailey Wiese, a real estate professional with hands-on experience in the architecture and design industries, has joined The Marketing Directors as a marketing coordinator.

TODAY’S DEALS: NorthMarq’s Orlando Office Completes $38.6M CMBS Loans

NorthMarq Capital arranged financing for two multifamily transactions, one with interest-only; and CBRE/New England facilitates a $1.6 million sale of an East Boston industrial property that will be converted to transit-oriented residential use.

Sharbell to Expand NJ Seniors Condo Development

Montage at Hamilton, an 180-unit multifamily seniors development in central New Jersey, is on the verge of expanding with the addition of another building.

TODAY’S DEAL: Red Mortgage Completes $58.8M 221(d)(4) Construction/Refi Loan on Behalf of Development in San Fran’s Mid-Market District

Red Mortgage Capital provided FHA-insured financing for a 162-unit new apartment development in downtown San Francisco; and HFF secures an $80 million refinancing for a Hoboken, N.J., luxury multi-housing community.

TODAY’S DEALS: Greystar Closes on $800M Value-Add Multifamily Acquisition Fund

Greystar Real Estate Partners announces the final close of a discretionary commingled fund; and NorthMarq arranges $34.4M refinance with five-year I/O.

Industry Veterans Glenn Murray and Jon Capezzuto Join Hipercept

Hipercept announced today that real estate technology and managed services executives Glenn Murray and Jon Capezzuto have joined the Hipercept management team

Economy Watch: Job Openings Up in April

There were 4.5 million U.S. job openings on the last business day of April, up from 4.2 million in March, the Bureau of Labor Statistics reported in its Job Openings and Turnover Survey.