Prominence
Walker & Dunlop Hires Senior Vice President
Walker & Dunlop Inc. announced today that John Pantone has joined the company as senior vice president in the Capital Markets department.
Salmanson Capital Acquires Student Housing Portfolio
Salmanson Capital has acquired a portfolio of off-campus student housing adjacent to Bethlehem’s Lehigh University for $15.23 million.
Sterling Construction in Joint Venture for New Development in North Dakota
Because of a local oil boom of the Bakken Shale Formation, Dickinson, N.D., has become a booming residential area. And that is why Sterling Construction, part of The Sterling Group, feels it is the ideal location for its new $32.3 million community.
Berkeley Point Capital Hires Damon Khouri as its Chief Information and Technology Officer
Damon Khouri recently joined Berkeley Point Capital LLC as its chief information and technology officer.
Passco Adds Another Senior Executive to Management Team
assco Companies LLC announced today that Darryll Goodman, a 25 year real estate industry veteran, has joined the company as vice president.
Steadfast Income REIT Announces New President and Expansion of Board to Include Two New Independent Directors
Steadfast Income REIT, Inc. announced today that Ella Shaw Neyland has assumed the role of president for the public, non-traded multifamily REIT, and that the company’s board of directors is now comprised of seven members with the appointment of two new independent directors, Kerry D. Vandell and Ned W. Brines.
Dominium Founder Dies at the Age of 70
Dominium, an apartment owner, developer and manager, today is sad to announce that its founder, David Brierton passed away on September 27 at the age of 70 after losing his battle with cancer.
Freddie Mac Announces First Floating Rate K Certificates Offering Backed by Multifamily Mortgages
Freddie Mac today announced its first offering of Structured Pass-Through Certificates (“K Certificates”) backed exclusively by LIBOR-based, floating rate multifamily mortgages with five- and seven-year terms.
MNS Appoints New Executive Director of Sales
MNS, a New York-based brokerage, sales and marketing firm, has hired Jennifer Johnsen to serve as executive director of sales overseeing the Sales and Rental Divisions.
Arbor’s FHA Multifamily Lending Business Accelerates Expansion with Hiring of New Chicago Originator
Arbor Commercial Mortgage LLC, a direct commercial real estate lender originating on a national basis, has expanded its multifamily FHA loan origination capabilities further with the appointment of an experienced FHA originations director in the company’s Chicago office.