Prominence

Toll Brothers Announces Agreement to Purchase Shapell Homes; Acquisition Will Significantly Expand Toll’s California Presen

Toll Brothers Inc. and Shapell Industries Inc. announced that they have entered into a definitive purchase agreement under which Toll Brothers will acquire the home building business of Shapell in a stock acquisition for approximately $1.60 billion in cash.

Decatur Housing Authority’s Oliver House Honored

The Atlanta Regional Commission named Oliver House, a new affordable seniors housing community developed by the Decatur Housing Authority, the 2013 Development of Excellence.

Hunt Companies Names New President, COO

Hunt Companies Inc. today announced the appointment of Chris Hunt as president and chief operating officer.

Pennrose Completes The Gateway at Summerset

The final phase of construction is complete at The Gateway at Summerset, a high-end apartment community in the Squirrel Hill neighborhood of Pittsburgh.

Arbor Appoints Kevin Hern as Vice President

Arbor Commercial Mortgage LLC announced the appointment of Kevin Hern as vice president.

Ocius Adds Maintenance Requests and Live Balances to Next Generation Mobile App for Apartment Residents

Ocius, a provider of resident billing and utility invoice processing services for apartment managers, announced the immediate availability of the next generation of its award-winning resident mobile app, My Resident Network.

NWP’s CEO to Participate on Panel at the 2013 NMHC OpTech Conference

NWP Services Corporation (NWP) a provider of utility management solutions in the multifamily housing industry, announced that Michael Radice, chief executive officer for NWP, will participate on an expert panel at the 2013 National Multi Housing Council’s (NMHC) OpTech Conference to be held November 11-13 at the Hilton Anatole, in Dallas.

Laurence Pelosi Joins Thompson | Dorfman Partners New Division TDP | Bay Area Partners

Thompson | Dorfman Partners LLC, a developer, owner and manager of multifamily real estate, announced that Laurence Pelosi has joined TDP | Bay Area Partners LLC, a Thompson | Dorfman company, as a partner.

WinnResidential NYC Hands Out 20,000 Pounds of Produce in the Bronx

Recently, 21 employees from WinnResidential’s NYC office joined volunteers from New York Cares and NYSE Euronext to participate in the City Harvest “Mobile Market.”

Passco Companies Development Announces New President

A renewed focus on land development has been announced by Passco Companies LLC, a privately held Calif.-based commercial real estate company.