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Cortland Partners Continues Unique Business Model
The company is creating new positions that are not typically found in the multifamily industry, demonstrating the firm’s unique approach to ownership and management of multifamily real estate.
Pennrose Hires Veteran as VP of Operations
Barry Weaver will provide leadership to regions in eastern Pennsylvania and New Jersey. He has more than 25 years of experience in multifamily property management.
Electra America Adds New EVP
Stacey Bondar joined the company as executive vice president of asset management. She will be responsible for overseeing the property management teams of the company’s 70 multifamily communities.
Gelt Launches Happy Home Communities, Names Director
Ellie Davis will spearhead the new business venture. HHC has already made its first value-added acquisition, a nine-acre mobile home park in Bakersfield, Calif.
Younger Partners Names New Investment Broker
Lew Wood has more than 38 years in commercial real estate and previously worked at Henry S. Miller, Cushman & Wakefield and Coldwell Banker Commercial Brokerage.
HFF Chicago Appoints New Director
David Gaines, former managing director at Berkadia Real Estate Advisors, brings more than 16 years of experience in multi-housing investment sales, debt placement and equity placement.
The Story Behind the Bronx’s Development Boom
The borough’s president discussed the major development projects underway that will help Bronx continue to grow, and how the borough is dealing with the issue of gentrification.
ROSS Promotes Billy Edwards to CFO
In his new role, Edwards will oversee the company’s accounting, finance, reporting and tax compliance functions, maximizing returns on investment and management assignments.
Arrimus Announces Student Housing Acquisition, New Hire
The Class A property, located less than a block from the University of Houston, offers 654 beds within two five-story buildings and was named “Best Off-campus Apartments” property by the university’s students.
The Era of Flexible Lenders
In this exclusive Q&A, industry insiders discuss how the limited lending market has helped flexible investors and debt funds become an essential part of the capital stack for real estate acquisitions and particularly developments.