Prominence

Scott Brown Group Appoints Vice President for Multifamily Division

Scott Brown Group, a real estate investment and management firm, announced that Neil Bertrand has joined the organization as vice president of the multifamily division, Scott Brown Residential.

Miller Adds VP to the DFW Multifamily Investments Division

Hanie joins Henry S. Miller Brokerage as an experienced multifamily investments specialist.

Arbor Adds Two New Originators in Philadelphia and Birmingham, Ala.

Arbor Commercial Mortgage has expanded its multifamily loan origination capabilities again with the appointment of two experienced originators in the company’s Philadelphia and Birmingham, Ala., offices.

Red Capital Group Announces Founder's Retirement and Names Beisler/Moran to Lead

Red Capital Group recently announced the retirement of its founder, chairman and CEO William E. Roberts.

Bozzuto Land Company Names New Land Acquisition Manager

The Bozzuto Group, a Washington, D.C.-based real estate services organization, named Timothy Phillips land acquisition manager for Bozzuto Land Company, one of its six companies.

Yardi Beacon New Web Manager for Public Housing Agencies

Yardi announced its general release of Yardi Beacon for managing public housing, affordable housing, and the U.S. Department of Housing and Urban Development’s housing choice vouchers program.

Affordable Housing Crisis in Sacramento

In California’s Sacramento County, 54 percent of renters can’t afford to rent a typical two-bedroom apartment.

River Park Estates Benefits from 100 Mile Fund

The developer of River Park Estates has obtained a $3.5 million bridge loan to permit completion of the project.

2012 NMHC 50 Names Nation's Largest Apartment Owners, Managers

In a resurgent rental market, the top players are Boston Capital and Greystar Real Estate Partners LLC, according to the National Multi Housing Council’s new 2012 NMHC 50.

Foundry Lofts Blazes Trail on D.C. Riverfront

The first apartment building to debut along the water in Washington, D.C.’s Capitol Riverfront area is 80 percent leased.