Prominence
Adaptive Reuse Project Opens in SoCal
Marina del Rey, Calif.–Latitude 33, formerly an underperforming, institutional-looking office building, has been transformed into a modern luxury beach community.
Behringer Harvard Appoints SVP of Property Management
Dallas–Behringer Harvard has appointed Margaret M. (Peggy) Daly as senior vice president of Property Management for Harvard Property Trust, LLC, an affiliate of Behringer Harvard. In this newly created role, her responsibilities include the development and leadership of residential property management and the operating platform for Behringer Harvard multifamily assets. Daly has more than 30 years of experience in management of Class-A multifamily assets including, most recently, a two-year tenure as executive vice president of Property Management at Place Properties LLP where she was responsible for the profitability, business development and performance results of over 22,000 beds of student housing.
Mark A. Linnell of LinnellTaylor Marketing Passes Away
Longmont, Colo.–Mark A. Linnell, who founded LinnellTaylor Marketing, a communication firm for multifamily companies, died on September 5, 2010 at his home from complications of pancreatic cancer. He was 56. Linnell was also an active member of his local business communities. He loved sharing his passion for music and his enthusiasm for life extended into sports, supporting the Rockies, the Avalanche and the Broncos, his garage (also known as his favorite room in the house), his Corvette as well as keeping up with the latest technologies and current affairs. But the one thing to best describe him was his love…
We Think Las Vegas Is Ripe with Opportunity
Scottsdale, Ariz.–Dale Phillips has been with Mark-Taylor since 1995.
St. Andrews Apartments in Stamford Poised to Begin
Stamford, Conn.–RiverOak Investment Corp. and RMS Construction have formed a joint venture to begin work on the St. Andrews Apartments in downtown Stamford.
Azure Condo Has Fairly Brisk Sales
New York–Numerous new luxury condominium properties in Manhattan are experiencing relatively healthy sales activity, and Azure is among them.
Deborah A. Schiavo Joins Cohen Financial As MD of Debt Advisory Services
Chicago–Cohen Financial has appointed Deborah A. Schiavo as managing director of Debt Advisory Services. Schiavo’s primary focus will be on commercial real estate loan modifications and workouts, assumptions, extensions, financing and lender/servicer negotiations. She brings more than 15 years of commercial real estate finance experience, most recently as senior director and co-head of Marcus & Millichap Capital Corporation’s Debt Advisory Group. In this position, Schiavo co-founded the team that managed commercial real estate advisory assignments involving loan balances in excess of $400 million. For an 11-year period prior to her position with Marcus & Millichap, Schiavo was a managing director…
SPECIAL REPORT: Student Housing is the Flavor of the Season
Washington D.C.–Day one of NMHC’s Student Housing Conference, saw presenters on various topics speaking fairly optimistically about the industry’s prospects.
Stimulus Money Helped Start Three Projects
Lisa Gelfand, principal at Gelfand Architects talks to MHN about the importance of the AARO funds in getting these projects done and the challenges in converting former these hotels into residential units.
Marcus & Millichap Among Top 100 InformationWeek Companies
Encino, Calif. – Marcus & Millichap Real Estate Investment Services has ranked No. 62 in InformationWeek magazine’s annual survey of firms offering innovative technology programs. This is the fifth consecutive year that Marcus & Millichap has earned a spot in the InfoWeek 500 ranking, and the first time it has appeared in the top 100 for its technology programs. Marcus & Millichap also secured a spot as the highest-ranking real estate services firm in this year’s survey. InformationWeek recognized several new programs implemented by Marcus & Millichap, including a property search program that offers more than 3.3 million properties for…