Prominence

Steadfast Income REIT Acquires Luxury Property

Steadfast Income REIT has made its second Oklahoma City-area acquisition of the young year.

UDR Announces Resignation of Chief Financial Officer

After ten years with UDR, David L. Messenger has decided to pursue a unique opportunity outside of the company.

Donald H. Layton Named CEO of Freddie Mac

Freddie Mac announced that its Board of Directors has appointed Donald H. Layton as chief executive officer and has elected him as a member of the Board of Directors. Layton will join the company on May 21, 2012.

Arbor Appoints Matthew Nihan as Originator in New York City Office

Arbor Commercial Mortgage LLC announced the promotion of Matthew Nihan to originator in the company’s New York City office.

Property Combines Green, Affordable Features

NGHA recently completed Village Green, a public housing project designed with an unusually large number of sustainable features.

St. Louis-Based Balke Brown Transwestern Opens New Multi-Family Management Division With 1,050 Units

Privately held St. Louis commercial real estate developer, manager and broker Balke Brown Transwestern added Christopher Zoellner, founder of Clayton, Mo.-based retail specialist Foundation Commercial, and some of that company’s brokers to the Balke Brown brokerage division.

Chestnut Hill Realty & Hope in Bloom Create Garden for Needham Resident Living With Breast Cancer

Chestnut Hill Realty, a full-service real estate company specializing in multifamily housing, partnered with Hope in Bloom, a Dedham-based non-profit group that provides indoor or outdoor gardens at no charge to Massachusetts’ residents undergoing treatment for breast cancer.

The Bozzuto Group Names New Director of Learning & Development

The Bozzuto Group, a Washington, D.C.-based real estate services organization, today announced that Steven Fretwell has joined the company as director of learning and development.

Luxury in the Ballpark District

Alliance Residential has begun construction on a 164-unit luxury community, located in the heart of Coors Field in Denver.

George Smith Partners Hires Financing Expert Stephen Stein

Commercial real estate investment banking firm George Smith Partners has announced the addition of Stephen Stein as a vice president for the company.