Prominence

Berzack Group Joins Lee & Associates

Sherman Oaks, Calif.–The Berzack Group, led by President Warren Berzack, has joined Lee & Associates.

R4’s Price on ‘Green Shoots’ in the Condo Market

Principal Kevin Price, who heads R4, talks to MHN about pockets of opportunity for developers as well as buyers in Southern California and in the condo market at large.

Starwood, Bainbridge JV Bags Apartment Portfolio in Hot Metro D.C. Market

Washington, D.C.–Starwood Capital Group Global and Bainbridge Companies have acquired seven apartment communities in metro Washington, D.C.

TriBridge and Pritzker Embark on JV

Atlanta–TriBridge Residential, an Atlanta-based multifamily investment company, and Pritzker Realty Group, a Chicago-based real estate investment company, have announced the creation of a new venture with an initial capital commitment of $75 million.

NAA to Induct Shelton into Hall of Fame

Arlington, Va.–Dallas apartment industry executive Ron Shelton, CAPS, senior vice president at Amalgamated Management Corporation in Dallas, will be inducted into the National Apartment Association Hall of Fame on June 23.

L.A. Greenlights Wilshire Blvd. Multifamily Development

Los Angeles–The Los Angeles City Council approved plans this week for The Vermont, a 464-unit apartment complex with ground-floor retail and a public park.

Helms Promoted to SureDeposit National Marketing Director

Livingston, N.J.–SureDeposit, a national provider of security deposit alternatives to the multifamily industry, has promoted Kia Helms to national marketing director.

Q&A with CollinsWoerman’s Arlan Collins

CollinsWoerman Principal Arlan Collins talks to MHN about Sustainable Living Innovations, an innovative approach to off-site multifamily construction.

Bascom Acquires Dallas Apartment High-Rise

Dallas–The Bascom Group has acquired the Davis Building in Dallas, an infill mixed-use property with 183 loft-style apartment units and plenty of bells and whistles.

Berkadia Launches Investment Client Services Division

Horsham, Pa.–Berkadia has launched Berkadia Investment Client Services, a new line of business providing commercial real estate investment sales services nationwide.