Prominence
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.
Grace Hill Acquires Education Division of LeaseHawk and Announces Best-of-Breed Partnership for Multifamily Housing Industry
Grace Hill, a provider of online education and learning management solutions for the multifamily housing industry, and LeaseHawk jointly announced the acquisition of LeaseHawk’s education division.
The Secret to a Successful Resident Event
Looking to scare up some interest at your resident events? Follow the lead of Newport, a multifamily community in Jersey City, N.J., which recently held a successful Halloween carnival. MHN talked to Maya Autret, director of marketing, Newport Associates, before they ran the carnival, and talked about their secrets for well-attended resident programs.
Carter Announces Multi-family Development Near Boise State Named Vista
Carter announced its multifamily development near Boise State University will be named Vista.
Downtown LA Pricing Record Shattered by Kor Group on Barker Block
Warehouse No. 1 at Barker Block has sold out, making it the fastest-selling residential project in Downtown Los Angeles.
Goldman Sachs & NY-based Developer Triangle Equities Receive Top NMTC Award
Triangle Equities announced that it has received the Novogradac Journal of Tax Credits Community Development Award for Qualified Low Income Community Investment (QLICI) of the Year in the Real Estate category for Triangle Plaza Hub–its $35 million, 88,000-square-foot, mixed-use development in the Bronx, N.Y.
Pennrose’s Fairview Village Wins National NAHRO Award
Fairview Village, an affordable apartment community developed by Pennrose Properties LLC in partnership with the Housing Authority of Chester County, Pennsylvania, has won a 2014 National Agency Award of Excellence from the National Association of Housing and Redevelopment Officials (NAHRO).
Cypress Development to Open Sales at Scottsdale Condo Development
Cypress Development Group is on the verge of launching sales for the Sterling Collection at Silverleaf, a condo development in Scottsdale. The property is composed of five four-story buildings that include automated parking and private elevators that open directly into each unit.
Virtus Real Estate Capital and Aspen Heights Announce Joint Venture on New Student Housing
Virtus Real Estate Capital, a real estate private equity firm, and Aspen Heights, a student housing development and management company, have partnered to develop a 684-bed cottage-style student housing community, located close to the University of Oklahoma.
FS Energy Named Finalist in RISE : NYC Competition
FS Energy, the energy management and advisory subsidiary of leading property management firm FirstService Residential, has been named a finalist in the RISE : NYC competition, which recognizes innovative projects and technologies that will bolster the city’s buildings and infrastructure against future storms.