People
Norman A. Eastwood Promoted to SVP of Investments at Marcus & Millichap
Dallas–The board of directors of Marcus & Millichap Real Estate Investment Services has promoted Norman A. Eastwood to the position of senior vice president investments. This is one of the highest levels of recognition the firm awards to its investment specialists. The designation represents excellence in the development and servicing of long-term client relationships, according to Tim A. Speck, regional manager of the firm’s Dallas office. Most recently, Eastwood held the position of first vice president investments. Eastwood began his career with Marcus & Millichap 23 years ago, specializing in the sale of multifamily investment properties.
Freddie Mac Names Jerry Weiss EVP, Chief Administrative Officer
McLean, Va.–Freddie Mac named Jerry Weiss to the newly created position of chief administrative officer (CAO). Weiss will continue to serve as the company’s chief compliance officer and oversee the Compliance, Economics and Strategy, Regulatory Affairs and Mission divisions. As CAO, he will also manage two additional functions – External Relations and Human Resources. Weiss will continue to report directly to CEO Charles E. “Ed” Haldeman, Jr., as a member of Freddie Mac’s management committee. “Creating a CAO position aligns functions that position Freddie Mac as an effective means of support for our housing mission and responsible stewards of taxpayer…
MHN Interview with Jay Jacobson: The Miami Market is Really Strong Right Now
Jacobson talks to MHN about plans for the acquisition team and why he believes the South Florida market is the strongest he has seen in many years.
MF Industry Experts Blaylock and Lecocke Join Phoenix Property’s New Management Division
Dallas–The multifamily sector is in recovery mode and the student housing sector managed to keep its head above water during the crisis.
John Kerin is New President & CEO of Marcus & Millichap
Encino, Calif.–Previously, Kerin was a senior vice president and managing director of the firm, overseeing 18 offices nationwide.
MHN Interview with Laura Khouri: Maintaining Balance Between Rents and Occupancy Is Key Challenge with Property Management
Irvine, Calif.–Laura Khouri succeeds Thomas K. Shelton as president of Western National Property Management.
Campus Advantage Promotes Duckett to Chief Business Development Officer and EVP
Austin, Texas–Campus Advantage has promoted Scott Duckett to chief business development officer (CBDO) and executive vice president. As the CBDO, Duckett oversees the company’s business development, market strategy and investor services. Prior to his promotion, he was senior vice president of professional services. He joined the company in 2005 as the director of business development. “Duckett has been instrumental in building our industry-leading higher education development services,” says Mike Peter, president and CEO of Campus Advantage. “We are in a strong position to take advantage of a recovering investment landscape and robust student housing prospects.”
Wood Partners Expands Acquisition Team
Atlanta–Wood Partners L.L.C. is expanding its acquisition team with the hiring of Curtis Walker and Don Foster, both investment executives who will take on senior roles with the company. “This gives Wood Partners a tremendous advantage in a competitive market for existing multifamily properties,” says Chief Financial Officer/Chief Operating Officer Joe Keough. “Our network of development partners in 13 offices nationwide gives us in-depth knowledge to perform superior on-the-ground research. Curtis and Don clearly enhance our in-house expertise as we move aggressively on the acquisition front.” Walker and Foster join National Acquisition Director Jay Jacobson, as they target top 20…
Enterprise Community Partners Names J. Ronald Terwilliger Chairman of the Board
Columbia, Md.–The Board of Trustees of Enterprise Community Partners, Inc. has elected J. Ronald Terwilliger to succeed Norman Rice as board chairman. Terwilliger has been a member of the Board of Trustees of Enterprise Community Partners since 2007 and currently serves as co-chair of the Enterprise Real Estate Leadership Council. He is also chairman emeritus of Trammell Crow Residential, a national residential real estate company and the largest developer of multifamily housing in the United States. “Terwilliger has been a member of our Board of Trustees and now as chairman will provide excellent guidance and leadership to Enterprise,” says Doris…
MHN Interview with Joel L. Altman: Smaller Apartments, Closer to Transportation Are the Future
Boca Raton, Fla.–MHN talked with Altman about getting through the worst of times.