Prominence
Westchester County Apartment Complex Sells for $28M
New York–Phoenix Realty Group and Property Resources Corp. have acquired a Westchester County, N.Y. apartment property for $28 million.
Shkury Launches Ariel Property Advisors
New York–New York City real estate broker Shimon Shkury has formed a new commercial real estate firm, Ariel Property Advisors.
NAI Huff Partners Merges with Transwestern
Houston–Fort Worth-based NAI Huff Partners has merged with the central Texas region of Transwestern.
Bascom Group Raises Funds and Awareness for UNICEF
Irvine, Calif.—Bascom Group partnered with the U.S. Fund for UNICEF and raised $19,000.
JP Morgan Buys Chicago Multifamily Trophy Property for $182M
Chicago–J.P. Morgan Asset Management will take a majority stake in the 87-story Aqua, a mixed-use development in downtown Chicago.
Behringer Harvard Adds 424-Unit District at Universal to Its Orlando Portfolio
Orlando, Fla.–With The District at Universal, Behringer Harvard continues to pad its portfolio with premier multifamily properties in core markets.
Laurus Completes Sale of Beverly Hills Site
Los Angeles–Laurus Corporation has completed the sale of a prominent development site in Beverly Hills, Calif.
RealPage Debuts iPad App
Carrollton, Texas–RealPage, Inc. has released Mobile Leasing, an iPad application that provides property managers and leasing agents on-the-go access to real-time property information.
Kurt Pairitz Joins Newcastle Limited
Chicago–Kurt Pairitz has joined Newcastle Limited as senior vice president.
Prudential Douglas Elliman Expands to Westchester
New York, NY–Prudential Douglas Elliman has acquired Prudential Holmes & Kennedy, a family-run brokerage firm servicing Westchester and Putnam counties in New York.