Prominence
IBM to Acquire TRIRIGA
Armonk, N.Y.–IBM has entered a definitive agreement to acquire privately held TRIRIGA, Inc., a Las Vegas-based provider of facility and real estate management software solutions.
Phoenix, Orbach Form JV to Own Midtown Manhattan MF
New York–Phoenix Realty Group and the Orbach Group have partnered to acquire an interest in a 13-building residential portfolio on West 49th Street in Manhattan.
Muldoon Joins Johnson Capital’s Midwest Multifamily Group
Paul Muldoon has joined Johnson Capital as vice president in their Midwest Multi-Family Group.
Q&A with Carroll Organization’s Patrick Carroll
Patrick Carroll talks with MHN about the multifamily discussion that took place at the Global Real Estate Institute’s annual U.S. gathering in New York.
JLL Hires MF Investment Specialists
Atlanta–Jones Lang LaSalle is expanding its multifamily investment sales with the addition of industry veterans Derrick Bloom, David Gutting, Porter Jones and Vince Lefler.
Owners of SF’s Fairmont Hotel Push to Go Half-Condo
San Francisco–Joint owners of the Fairmont Hotel are eager to move forward with a business plan that will make the property more relevant in the current environment.
New Exhibit Explores Green Neighborhood Design
Washington, D.C.–The U.S. Green Building Council’s “Neighborhoods Go Green! Scaling up Sustainability” exhibit recently opened in Washington, D.C.
Demoulias Joins Boston Capital
Boston–George Demoulias has joined Boston Capital as vice president of Boston Capital Energy (BCE). BCE specializes in the financial structuring and monetization of tax credits related to renewable energy projects.
Premier Nashville Condo Goes Rental
Nashville–Velocity’s conversion to apartments comes courtesy of Pollack Partners, which just acquired the 220 unsold units at the 263-residence mixed-use property.
Fundthatdeal.com Offers Up to 100% Private Funding for Real Estate
After a successful pilot, fundthatdeal.com, a new online matchmaking service that connects real estate entrepreneurs with wealthy private investors, has launched.