Prominence
Lottery Begins for Affordable-Income Apartments at $220M Project in the Bronx
New York, N.Y.–Joy Construction Corp. has just kicked off the first lottery for St. Ann’s Terrace in the Bronx, making available 380 of the 641 residences.
Good Operators Have Effective Renewal Strategies
Barfield talks to MHN about the top property management trends and challenges he is witnessing.
Debra W. Still, CMB, Elected as MBA Vice Chairman
Atlanta–Debra W. Still, CMB, president and CEO of Pulte Mortgage LLC of Englewood, Colo., has been elected as the vice chairman of the Mortgage Bankers Association (MBA). Still recently served as chair of MBA’s Residential Board of Governors (RESBOG) and is a member of the association’s Board of Directors. As an active MBA member for more than a decade, Still has also served on MBA’s Strategic Planning Committee and was chair of the MBA Forward Task Force, as well as a member of MBA’s Loan Origination Task Force, Affordable Housing Committee and the Secondary and Capital Markets Committee. Still has…
Chicago’s Newest Luxury Rental
Chicago–EnV Luxury Apartments is a 249-unit, 29-story project in Chicago.
Luxe List Home Adds 12 Atlanta Communities to Its 2010 List
Los Angeles–Luxe List Home has chosen 12 luxury apartment communities in Atlanta for inclusion in the 2010 Luxe List.
Michael D. Berman, CMB, Sworn in as MBA Chairman
Atlanta–Michael D. Berman, CMB, president and CEO of CWCapital in Needham, Mass., was sworn in as the 2011 Chairman of the Mortgage Bankers Association (MBA). As chairman, a top item on Berman’s agenda is for MBA to continue to play its leadership role in redesigning the government’s role in the secondary mortgage market. Berman is a founder and member of the Board of Managers of CWFinancial Services. He joined the CW companies in 1985. Under Berman’s direction, CWCapital first entered the national lending business in 1991. Since then, annual loan production has grown from $100 million to $2.3 billion. CWCapital…
High Demand for Foreclosed Multifamily Now
Gladstone is seeing first-hand the dispositions of distressed properties, including a generous share of multifamily properties.
Apartment Property in Hoboken Gets LEED Gold Certification, A First for its Developer
Hoboken, N.J.–Berkshire at the Shipyard, a new 93-unit apartment building in Hoboken, N.J., has just achieved LEED Gold certification from the U.S. Green Building Council.
Walters Group Project Wins Governor’s Excellence in Housing Award
Atlantic City, N.J.–Stafford Park Apartments, developed by Walters Group, won the Governor’s Excellence in Housing Award from the New Jersey Department of Community Affairs (DCA) and New Jersey Housing and the Mortgage Finance Agency (HMFA). The residential project won in the category of Outstanding Affordable Housing Development. The annual award ceremony recognizes individuals and organizations that meet state needs and current housing goals. Stafford Park Apartments was recognized for its innovative concept and design. “Once a site for serious environmental issues, we built Stafford Park Apartments to be sustainable, have aesthetic qualities and be affordable for the families who live…
TODs Are about Choice, Not Sacrifice
Ken Ryan of KTGY Group talks to MHN about the issues that are impacting sustainable transportation solutions and transit-oriented developments/districts (TODs).