Prominence
Porto Named Real Estate Group’s Rookie of the Year
New York–The Real Estate Group of New York has named real estate agent Luke Porto its 2010 Rookie of the Year.
Condo Convertor Offers Deep Discounts on Chicago Property
Chicago–Condo sales and prices were down in 2010. American Invsco is temporarily knocking half the price off units in one of its properties.
Luca Named TCA Architectural CFO
Thomas P. Cox: Architects has named Vincent Luca as the firm’s chief financial officer.
Martinez Joins Recap as VP
Boston–Twenty-year industry veteran Gina Martinez has joined Recap Real Estate Advisors as a vice president in its transactions group.
Sheppard Named Top Agent by Marcus & Millichap
Encino, Calif.–Robert Sheppard, a senior vice president of investments and national director of the Tax Credit Group of Marcus & Millichap, has been ranked as the firm’s top-performing agent.
Unfinished Part of Sterling Pointe Development in N.J. Trades Hands
Somerset, N.J.–Sterling Properties has sold 80 home sites at its over-55 property to K. Hovnanian Homes, which will build out the final phase of construction.
New Renters Insurance Standard for Apartment Industry
Washington, D.C.–The Multifamily Information and Transactions Standards (MITS) initiative has released a new Renters’ Insurance 4.0 data-transfer standard.
Multi-Year Opportunities for Multifamily Investing
Meeting the demands and desires of millions of new apartment dwellers will continue to provide investors with solid returns, now and well into the future.
NHC Welcomes Two Additions to Team
Washington, D.C.–The National Housing Conference has named Cynthia Dodd Adcock vice president of communications and marketing, and Ethan Handelman vice president of policy and advocacy.
CityView and Access Capital Advisers Invest in Urban Infrastructure
Los Angeles–CityView and Access Capital Advisers have formed CVAE, a joint venture to invest in urban infrastructure in the United States.