Northeast
Greystone Leads Nation as Top FHA Loan Originator
Greystone today announced its position as the leading FHA Multifamily Loan Originator by dollar volume, according to recently released data by the US Department of Housing and Urban Development.
MNS Report Reveals Low Studio Apartment Inventory in Brooklyn
According to the MNS November 2012 Brooklyn Rental Report, the New York City borough cannot keep up with the demand for multifamily units, with studio apartments especially lacking. The study shows that the rental rates increased a total of 1.16 percent across all unit types; however, studio rental rates decreased .83 percent since October this year.
Building Engines Integrates with Yardi Voyager through Gelbgroup
Building Engines, global provider of comprehensive web-based and mobile real estate operations management solutions, announced its web-service integration with Yardi Voyager through new partner Gelbgroup Consulting, Inc., a Yardi certified integrator.
Jennifer McLean joins Virginia Tech University’s Residential Property Management Advisory Board and Girls Inc. Board of Directors
Jennifer McLean, Chief Financial Officer of Pennrose Management Company, was recently appointed to Virginia Tech University’s Residential Property Management Advisory Board and the Girls Inc. of Greater Philadelphia and Southern New Jersey Board of Directors.
N.J. Condo Community Offers Remarkable Amenity Package
It’s sometimes difficult for a condominium to stick out, which is why MWHF Palisades Park, developer of Trio in Palisades Park, concentrated on providing the community with a stellar amenity package.
Two Northeastern Apartment Properties Refinanced for $23M
Two Northeastern multifamily properties have obtained Fannie Mae refinance loans totaling about $23.1 million. The larger of the two properties is in Pennsylvania, while the other is in New Jersey.
Elizabeth Ann Stribling-Kivlan Named President of Stribling & Associates
Stribling & Associates has announced that Elizabeth Ann Stribling-Kivlan has been named president of the 32-year-old firm.
Pennrose Selected as Winner of the Philadelphia Business Journal and The Forum of Executive Women’s Inaugural Advancing Women Award
Pennrose, a real estate firm developing and managing multifamily communities for over 35 years, announced that the Philadelphia Business Journal and The Forum of Executive Women have selected the company as the local winner for the Inaugural Advancing Women Award.
Michaels Development and the Housing Authority Develop Affordable Housing Community in South Camden
Michaels Development has teamed with the U.S. Department of Housing and Urban Development to open Morgan Village, a new 40-unit rental townhouse community serving low- and moderate-income families in the Morgan Village neighborhood of South Camden.
Ken Uranowitz Named President of Gebroe-Hammer Associates
Ken Uranowitz has been named president of Livingston-based Gebroe-Hammer Associates, the region’s dominant commercial real estate brokerage firm, announced Chairman Alan Gebroe.