People
MHN Interview: David Redfern, Consolidated Holdings President, Majority Owner of the New WaterWalk Franchise
A new residential franchise will be arriving in 2015 in select cities across the United States. Real estate pioneer Jack DeBoer recently announced the company’s fifth franchise, WaterWalk Hotel & Apartments, a new project that combines the features and amenities of the extended-stay hotel industry with those of apartment ownership. MHN talks to David Redfern, president, Consolidated Holdings, which is the majority owner of WaterWalk Hotel & Apartments.
Capital One Multifamily Finance Opens Orlando Office, Appoints Senior Vice President Robert Nagel to Head Office
Capital One Multifamily Finance announced that it has opened a new office in Orlando, Florida. The office will be headed by Robert Nagel, newly appointed senior vice president of originations, and will offer Capital One’s clients access to Agency financing from Fannie Mae, Freddie Mac, and the FHA.
Multifamily Market will Continue to Perform: MHN Interview with RubinBrown’s Bryan Keller
The 2014 Apartment Statistical Data report is an annual survey compiled by RubinBrown’s Real Estate Services Group. It includes operational data for 2013 and represents approximately 420 apartment projects in roughly 30 states.
EdR Announces Officer Transitions
EdR, one of the nation’s largest developers, owners and managers of high-quality collegiate housing communities, today announced that Paul O. Bower will retire as chairman of the company’s board of directors on December 31, 2014.
Package Concierge Announces New VP of Sales
Package Concierge, developer of a package locker solution for apartments and student housing communities, today announced that Jack Cady has joined the company as vice president of sales.
Voda Bauer Real Estate Launches Capital Markets Group
Voda Bauer Real Estate, full-service residential and commercial firm, announced it has launched a Capital Markets Group, which will be headed by 25-year industry veteran John Raggio.
Hunt Mortgage Group Hires Fortunat Semadeni as Director and Chief FHA MAP Underwriter
Hunt Mortgage Group, a commercial real estate lender, announced today that Fortunat (Forty) Semadeni has joined the firm as director and chief FHA MAP underwriter to help expand the firm’s FHA lending platform.
MHN Interview: The Metrics of Multifamily Investment
Magellan Development Group recently launched Magellan Investment Partners, which will invest, acquire and renovate multifamily communities nationally. MHN recently had the chance to sit down with Marc Swerdlow, principal and COO, and David Levin, principal and CIO, about the focus of Magellan Investment Partners and how they are going to differentiate the company.
CBRE’s Michael Homm Promoted to Senior Appraiser
Michael Homm of CBRE’s Valuation and Advisory Group (VAS) in Cincinnati was recently promoted to senior appraiser.
Pennrose’s Mark Dambly Elected to PAA East Board of Directors
Mark Dambly, president, Pennrose Properties, has been elected to the 2015 board of directors of the Pennsylvania Apartment Association East.