Prominence

Steve Yoon Joins Wood Partners as Vice President of Development for Northwest Region

Steve Yoon, a Seattle real estate investment professional with over eight years of experience in the region, has been named vice president of development for Wood Partners’ Northwest Region.

MBA Promotes Ken Markison to Vice President and Regulatory Counsel

avid H. Stevens, president and CEO of the Mortgage Bankers Association (MBA), today announced the promotion of Kenneth A. Markison, Esq., formerly associate vice president and Regulatory Counsel, to vice president and regulatory counsel.

Lowe Enterprises Investors Names New SVP

Andrew I. Sands has joined Lowe Enterprises Investors (LEI) as senior vice president to lead the firm’s growing multifamily investment activities.

Oak Grove Capital Welcomes Ryan Cahalan, Expands Chicago Office

Oak Grove Capital, a national provider of real estate financial services, announced that Ryan Cahalan has joined the St. Paul-based mortgage lender as a vice president.

Mayer Brown Expands Real Estate Practice with Addition of Brian Davis as Partner in Chicago

Mayer Brown, a leading global law firm, announced today that Brian Davis has joined the firm in Chicago as a partner in the Real Estate practice. Previously, he was a partner in the Chicago office of Kirkland & Ellis.

Carroll Organization Enhances Property Management Platform with New Hires, Structural Improvements; Plans Geographic Expansion

Carroll Organization, a privately-held real estate company focused on multifamily investment, management, and development, has embarked on a new initiative aimed at enhancing its property management services, which are currently provided both to third parties and to Carroll Organization’s 10,000-unit portfolio of owned properties.

Crescent Resources Breaks Ground on $67M Mixed-Use Development

Crescent Resources has broken ground on a $67 million mixed-use development in Atlanta. The community, called Crescent Terminus, is the first multifamily community in Cousins Properties’ Terminus master development.

VCC Hires Industry Leader to Head Servicing Division

Velocity Commercial Capital, a specialty finance firm focusing on originating, acquiring and securitizing small balance commercial loans, announces the addition of Jack Jacob to its senior management team.

Kettler Management President Cindy Clare Elected 2013 Secretary for the National Apartment Association

Kettler Management announced that its president, Cindy Clare, CPM, has been elected this year’s secretary at the National Apartment Association.

Randall Lofts Another Triumph for Downtown Ft. Wayne

The historic Randall Building in downtown Ft. Wayne is being converted to apartments in a $7.5 million renovation and adaptive reuse project being undertaken by Carmel, Ind.-based RealAmerica Development.