Not Endorsed
Designers: Share Your Projects with ASI ‘Power of Materials’ Contest
Innovative materials help create multifamily spaces that stand apart. Architectural Systems, Inc. (ASI) wants to showcase those properties on its website and is now accepting entries for its Power of Materials Contest. Enter your best and most recent project photos from global rental, condo and mixed-use properties and you could win an iPad. The contest ends September 7. Send high-resolution images along with your headshot and a description of the project along with an explanation of how ASI products met the design intent and helped support the client’s business objectives. Email materials to greddick@archsystems.com by September 7.
Apartment Firms Staff Up to Meet New Rental Demand, Survey Says
Reflecting the growing demand for apartment homes, nearly two-thirds (65 percent) of multifamily firms grew their staff last year and 62 percent increased their merit bonus pool, according to the National Multi Housing Council’s (NMHC) 2012 Apartment Compensation Survey.
Housing Starts Edge Down 1.1 Percent, Permits Rise In July
Nationwide housing production edged down 1.1 percent to a seasonally adjusted annual rate of 746,000 units in July, according to newly released figures from HUD and the U.S. Census Bureau.
Jerry Rappaport Jr. Joins Ed Zuker of Chestnut Hill Realty to Create CHR Investors
Jerome L. “Jerry” Rappaport Jr. has joined with Chestnut Hill Realty CEO Ed Zuker and his son, Robert Zuker, to found CHR Investors, an affiliate of Chestnut Hill Realty that will focus on real estate investment primarily in New England’s multifamily housing sector.
US Energy Group and Greenwich Energy Solutions Announce Strategic Alliance
US Energy Group recently announced a new alliance with Greenwich Energy Solutions (GES) to help drive down operating costs for facilities and ensure compliance with new environmental and energy regulations in New York City.
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 4.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 10, 2012.
Jones Lang LaSalle Announces International Director Promotions
Jones Lang LaSalle Incorporated has named Managing Director Faron Thompson to International Director.
Harmar Thompson Joins LCOR as Senior Vice President of Development
LCOR, a real estate investment, development and management company, announced that Harmar Thompson has been named a senior vice president of development, in its Bethesda office.
Arbor’s FHA Multifamily Lending Business Expansion Bolstered with Hiring of Two More Originators
Arbor Commercial Mortgage LLC, a direct commercial real estate lender originating on a national basis, has expanded its multifamily FHA loan origination capabilities further with the appointment of two experienced FHA Originations Directors in the company’s Boulder, Colo., and Chicago offices.
Robert Sheppard Named Executive Vice President Investments by Marcus & Millichap
Marcus & Millichap Real Estate Investment Services has promoted Robert Sheppard to executive vice president investments.