Prominence
The JBG Companies Named NAIOP 2012 Developer of the Year
NAIOP, the Commercial Real Estate Development Association, recently announced that The JBG Companies has been selected as the national 2012 Developer of the Year.
Torg Joins Bainbridge Companies as Sr. Development Director for Northeast
Joseph S. Torg has joined The Bainbridge Companies as senior development director – Northeast. He is based in Bainbridge’s new Westport, Connecticut office.
Kevin Smith Joins CAPREIT Inc. as Senior Vice President
CAPREIT Inc., a privately owned real estate company, announced it has hired Kevin Smith as a senior vice president.
Enter MHN and RENTCafe’s Pin Your Dream Apartment Contest!
Enter MHN and RentCafe’s Dream Apartment Pinterest contest. The winner will receive a new iPad!
Carl Marks Advisory Group Advises PJ Finance’s Unsecured Creditors Committee To Achieve “Par” Recovery
PJ Finance Company LLC, owner of 32 apartment complexes with nearly 10,000 units located in major metropolitan areas throughout the Sunbelt region, has successfully completed a Chapter 11 plan of reorganization.
Americans’ Optimism About the Economy and Personal Finances Stalling Despite Underlying Continued Confidence in the Housing Market
Housing market confidence among Americans continues to trend in a positive direction despite stalling optimism about the economy and personal finances, according to results from Fannie Mae’s June 2012 National Housing Survey.
ARA Expands National Affordable Housing Roster with Addition of Four
Atlanta-headquartered ARA, a privately held investment advisory brokerage firm focusing on the multihousing industry, announced the expansion of its National Affordable Housing Platform with new team members in Seattle; Austin, Texas; and Houston.
Freddie Mac Announces Ninth K Certificates Offering This Year, K-710, Backed By Multifamily Mortgages
Freddie Mac recently announced a new offering of Structured Pass-Through Certificates backed exclusively by fixed-rate multifamily mortgages with a seven-year term.
NAHB Applauds Five-Year Reauthorization of Flood Insurance Program
In an important victory for the National Association of Home Builders and its members who rely on the National Flood Insurance Program (NFIP), Congress has reached an agreement to reauthorize the program through Sept. 30, 2017.
Jack Sipes Joins Dominium as Senior Vice President of Property Management
Dominium, an apartment development and management company, announced John “Jack” Sipes has been named senior vice president of property management.