Prominence

MHN Interview: How Albanese Organization’s Communities Survived Hurricane Sandy

MHN talks to Michael Gubbins, senior vice president, Albanese Organization Inc., which owns and develops properties in Battery Park City as well as other areas of New York, about how their properties fared and why their properties might have had an advantage over some of the others in the area.

Grandbridge Closes on $6.2M Loan for Arkansas LEED Platinum Student Community

Grandbridge Real Estate Capital recently closed on a $6.2 million first mortgage loan for a student housing community near the University of Arkansas.

NCSHA Announces New Board of Directors

The National Council of State Housing Agencies (NCSHA) announced its new Board of Directors, elected by its state HFA members.

National Multi Housing Council Promotes Julie Tulipane Stalknecht to Senior Vice President

The National Multi Housing Council (NMHC) promoted Julie Tulipane Stalknecht to senior vice president, membership, meetings & marketing.

HFF Hires Nick Klein as Associate Director in its Portland Office

HFF announced today that it has hired Nick Klein as an associate director in its Portland office.

Oak Grove Capital Adds Three to Growing Underwriting Team

Oak Grove Capital, a lending partner to the market rate multifamily, seniors and affordable housing markets, announced that it has added three senior-level underwriters with an average of 13 years of experience to its growing team.

Electric Companies Deploy Nationwide Response to Restore Power

An army of more than 53,000 utility workers from around the country, and as far away as Canada, California and Washington state, is joining forces to begin the arduous task of restoring electricity to millions of Americans whose power was interrupted by Hurricane Sandy’s massive wake.

On New York Business Disruption of Hurricane Sandy

As Hurricane Sandy disrupts business activity across the nation, professionals located in the heart of New York City are especially feeling the impact close to home and work.

Industry Veteran Joins NAI Robert Lynn Fort Worth as Executive Vice President

The NAI Robert Lynn Fort Worth office recently hired Kornel Romada as executive vice president.

SoCal Apartments and Marina Trade for $43.9M

Archstone recently bought Bay Club Apartments and Marina for $43.9 million from Decron Properties Corp. Located in Marina Del Rey, Calif., the Bay Club includes 205 residential units, 207 boat slips and 11 end ties.