Prominence

Projected Economic Activity Downgraded for Second Half of 2012 Housing Remains a Bright Spot Despite Overall Slowdown

Recent data indicate a slowdown in economic activity for the remainder of 2012, yet modest growth is still expected, according to Fannie Mae’s Economic & Strategic Research Group.

RENTCafe Promotes Online Leasing

Consumers are accustomed to managing their needs online. Market demand for online leasing is strong, the available technology is solid, and widespread industry adoption of online leasing is expected. RENTCafé™, an apartment search website with thousands of high-quality rental listings across the U.S., allows property managers to streamline the application process with online leasing. With an appealing design and easy-to-use features, RENTCafé helps market communities, attract new residents, and process and approve rental applications–even when the leasing office is closed. The online application process allows interested prospects to apply to rent an apartment viewed online or in person. RENTCafé delivers…

NWP Services Corporation Opens Ann Arbor Office

he Ann Arbor office will support NWP’s new SmartSource service

The LeFrak Organization Welcomes New Regional Leasing Director

The LeFrak Organization, one of the largest private real estate holders in the world, announced today that Brian Decillis has joined the company as Newport’s regional leasing director.

Historic Gothic Building Redeveloped into Luxury Apartment Community

It is possible to have all the charm of an old building with all the conveniences and luxury of a new one, as 806 Capital and Federal Capital Partners are proving with The Arch, a historic gothic building open for pre-leasing of luxury apartments.

MG Properties Group Hires Richard Gelbart as Vice President, Investor Relations

MG Properties Group (MGPG), a private, San Diego-based real estate investor and operator, has announced the hiring of Richard Gelbart to the newly created position of vice president, investor relations.

Builders Tell Congress Inefficient Regulations Harm Housing, the Economy

The National Association of Home Builders (NAHB) told Congress today that an unwieldy federal regulatory process is hampering the housing and economic recovery.

New Jersey Apartment Association Charitable Fund Awards $6K in Scholarship Grants

The New Jersey Apartment Association Charitable Fund (NJAA Charitable Fund) awarded four $1,500 scholarships for undergraduate education, one to an NJAA member employee and three to dependents of NJAA member employees.

Aimco Raises More Than $400,000 to Benefit Military Families and Students

Military personnel returning from duty, and college-bound students living in subsidized affordable housing are the beneficiaries of funds raised in the 9th annual Aimco Cares Golf Classic sponsored by Apartment Investment and Management Company.

ReferBoost Launches ReferLink

ReferBoost, a Chicago-based software company that helps property managers improve their online reputation, recently announced a service called ReferLink, which allows property managers to update email lists and use multiple dashboards to run campaigns.