Prominence
SDCAA Honors H.G. Fenton with Excellence Awards
San Diego, Calif.–H. G. Fenton walked away with 25 Mark of Excellence awards at the San Diego County Apartment Association’s ceremony.
Connexion Donates Computers to Georgia Community Center
Loganville, Ga.—Connexion Technologies recently donated 12 laptops and Internet service to a manufactured home community serving more than 200 families.
Wood Partners Completes Alta Hollywood Apartments
Los Angeles–Alta Hollywood, a 218-unit luxury multifamily development, has opened its third and final building for lease.
Charles Dunn Welcomes Ron Azad as Senior Managing Director
Los Angeles—Ron Azad has joined Charles Dunn Company as senior managing director of its real estate services company. Azad will oversee the firm’s property management and asset management operations. Azad expressed excitement to be taking the helm during the firm’s growth and expansion efforts. He brings with him 30 years worth of experience, most of which took place at CB Richard Ellis Investors, where he started in 1982. While with CBRE Investors, he led real estate investment programs for several pension plans and a large sovereign wealth fund and managed over $2.8 billion of assets totaling more than 16 million…
Peterson and Bozzuto Partner for First National Harbor Apartments
Washington, DC—With the joint venture of The Peterson Companies and The Bozzuto Group, National Harbor will have its first apartment community.
NAHB Recognizes West L.A. Condo Project as “Trend-Setter”
Los Angeles–NAHB has recognized T Lofts, an 84-unit condo redevelopment project in Los Angeles, as a “top trend-setter in the multifamily housing industry.”
1st Service Solutions Launches 1st Equi-Debt Solutions
Dallas—1st Service Solutions, the first firm to serve completely as a borrower’s advocate, has launched 1st Equi-Debt Solutions, which will offer equity and debt to borrowers of non-performing commercial real estate loans as part of their debt restructure. The new firm was formed by Ann Hambly, founder and CEO of 1st Service Solutions and Mike Meisenbach, CPA and founder of Asset Advisory Alliance (A3). Most recently, Meisenbach was principal and president of Investment and Capital Markets Advisory Services for Lee & Associates, a commercial real estate firm. In this role, he sourced equity and debt solutions for commercial property owners….
Jack Kern Joins Palatine Capital Partners as Partner
New York—Palatine Capital Partners Management LLC recently announced that Jack Kern, former head of research at Archstone-Smith, has joined the firm as a partner. In this newly expanded position, Kern will be responsible for providing market and real estate research and analysis in evaluating equity and debt investment opportunities. In addition, he will focus on strategic initiatives for Palatine. Kern has been a part of Palatine’s strategic investment team for the past year as an advisor, providing research oversight on opportunities. “Our team has built a successful working relationship with Jack as a consultant, and this is a logical next…
Grubb & Ellis Acquires Central Florida Affiliate
SANTA ANA, Calif.–Grubb & Ellis has acquired its central Florida affiliate, Grubb & Ellis|Commercial Florida.
Q&A: The Habitat Company’s Mark Segal
Mark Segal talks to MHN about technological innovations that are making property management more efficient, and about why the echo-boomer generation is more likely to rent than to buy.