Northeast
NJBA Honors Ed Walters with Affordable Housing Award
Ed Walters, Jr., partner and founder of Walters Group, has been selected to receive an Affordable Housing Award from New Jersey Builders Association (NJBA).
Pennrose Announces Donald L. Miller Jr. as CFO
Pennrose, a real estate development and management company focused on multifamily communities, announced that Donald L. Miller Jr. has been named chief financial officer.
NYC Condo Property Now Offers Bigger Units
It’s a mark of the recovery of the condo market in New York that condos aren’t only selling again, but demand is rising for larger units.
Corvias Group Executive Promoted to Chief Financial Officer
Corvias Group, a privately owned, vertically integrated real estate solutions group, announced that senior vice president of finance, David Rozen, has been promoted to SVP and chief financial officer (CFO).
Centerline Capital Group Hires Jeffrey J. Ballaine in Mortgage Banking Unit
Centerline Capital Group, a provider of real estate financial and asset management services for affordable and conventional multifamily housing, and a subsidiary of Centerline Holding Company, announced today it has hired Jeffrey J. Ballaine for its Mortgage Banking Group.
Robert Ross Joins GFI Capital Resources Group as Chief Technology Officer
GFI Capital Resources Group, a provider of diversified real estate and insurance services, announced that 15-year industry veteran Robert Ross, has joined the company as chief technology officer.
Dranoff Properties Developing Philadelphia Mixed-Use Property
Dranoff Properties is developing Southstar Lofts, a new multifamily mixed-use property located on Philadelphia’s main transit artery, South Broad Street.
Tribeca’s Tallest Building Ever Being Developed
Alexico Group LLC and Hines, in partnership with Dune Real Estate Partners LP and funds managed by Goldman Sachs, is developing 56 Leonard, which at 830-feet high will be the tallest building ever built in New York City’s popular Tribeca neighborhood.
Highrise Apartment Rising in Boston
Work is under way on 120 Kingston St. between the Chinatown neighborhood and Leather District of Boston, which will be a residential and retail building on the site of the former Dainty Dot building.
Citi Provides $250M Financing for New York Affordable Housing
The Community Preservation Corp. has secured $250 million in financing from Citi for the construction, rehab and preservation of affordable housing in New York (state and city).