Prominence
Arbor’s FHA Lending Group Accelerates Expansion with Hiring of Matthew Carey, VP of FHA Lending
Arbor Commercial Mortgage LLC, a national direct commercial real estate lender, has further expanded its multifamily and seniors/healthcare lending capabilities under the HUD/FHA loan programs with the appointment of Matthew Carey as vice president of FHA lending in the company’s Cleveland office.
Irongate Acquires $98.65M Portfolio
GFI Capital Resources, investing through its Irongate Realty Partners brand, has acquired three class A communities in Kansas City, Kan., for $98.65 million.
Champion Buys Burbank Apartments for $15.6M
Champion Real Estate Cos. has acquired Villa 600, a 62-unit apartment building at 600 E. Olive Ave. in Burbank for nearly $15.6 million. The asset was built by architect August Bacchetta in 1973 and was owned by the original builder’s family until the recent sale.
Anaheim Luxury Apartment Community Opens for Leasing
Vivere Apartments, a 92-unit apartment community in Anaheim, Calif., has opened for preview leasing.
Raymond James Tax Credit Funds Continues West Coast Expansion with New Office in Portland, Ore
Raymond James Tax Credit Funds (RJTCF), a national syndicator of affordable housing, announced the opening of a new office in Portland, Ore., with the hiring of Dan Wendle as vice president, director of acquisitions.
Hickok Cole Architects Awarded ‘Firm of the Year’
At the AIA|DC Chapter’s 125th anniversary party on November 2, Hickok Cole received the “Firm of the Year” honor award from the Washington Architectural Foundation.
Corvias Campus Living Announces Two Key Appointments
Corvias Group announced that it has hired Jennifer Dilley as vice president of student affairs and Ronald LaPorte as vice president of business development of Corvias Campus Living, the company’s student housing division.
N.J. Statute Grants Tax Relief to Multifamily Owners Due to Extensive Structural Damage Caused by Hurricane Sandy
Since all real estate properties are assessed based on their value as of October 1 of the pre-tax year, and Hurricane Sandy struck on October 29, owners may be eligible for a tax adjustment if a property sustained major damage and depreciation.
Multifamily Property Managers Improve Lead Management and Leasing with Yardi PopCard
Yardi announced that multifamily property management clients using Yardi PopCard™ are reporting improved results in capturing leads and converting them into leases.
Jonathan Lahn Joins WNC as Vice President, Originations
WNC, a national investor in real estate and community renewal initiatives, announced today that Jonathan Lahn has joined the company as vice president, originations.