Prominence
55 Thompson Comes to Manhattan Luxury Market This Fall
New York–In just a few months, 55 Thompson will join the small list of luxury apartment buildings in Manhattan.
In Down Time, What Are MF Developers Doing?
New York–Multifamily starts have hovered in the 100,000 to 142,000-range for all of this year, which isn’t saying anything positive about the multifamily sector.
New Student Property Reaches Full Occupancy
College Park, Md.–There is not a single room to spare at the newly developed, 154-unit University View II student apartment property near the University of Maryland in College Park, Md.
Brad Brown Joins Cortland Partners as Chief Acquisitions Officer
Atlanta–Brad Brown has joined Atlanta-based multifamily real estate firm Cortland Partners as chief acquisitions officer. “Brown has more than 20 years direct experience in multifamily acquisitions and dispositions, handling more than $1.2 billion worth of transactions involving more than 200 rental communities,” says Cortland Partners president Steven DeFrancis. “He has the skills we need as we aggressively pursue new deals.” Brown has in-depth knowledge of several key markets throughout the Southeast; Washington, D.C. metro area; Texas and Colorado. Before joining Cortland Partners, he headed the real estate investment division of Southeast Capital, where he was a senior partner. He previously…
Hayden & Associates Appoints Two to Management Team
Fort Myers, Fla.–Hayden & Associates recently appointed Bonita and Jay Vandall to its management team. Bonita Vandall has been a licensed community association manager since 1988 and holds several designations from the Community Association Institute. She has also served on the board of the South Gulf Coast Chapter of the Community Associations Institute for six years and was named Manager of the Year for 2001. Ken Hayden, president of Hayden & Associates, says, “Bonita’s focus will be developer controlled communities and new business development and Jay will continue to provide his expertise with community and maintenance management services. Prior to…
We Prefer C to B Properties in B or Better Locations in SoCal
Aliso Viejo, Calif.–Recently, Washle talked to MHN.
MyNewPlace Names Gary Parkhurst as VP of Sales
San Francisco–Gary Parkhurst has been appointed as the new vice president of sales at MyNewPlace. In this role, Parkhurst will provide strategic leadership to the sales team and facilitate new business in an effort to increase revenue by driving sales through the company’s core listing products on MyNewPlace.com. Throughout his career, Parkhurst served in a variety of executive sales and marketing roles at a range of organizations. Most recently, Parkhurst served as senior vice president for ELM Resources, a non-profit, mutual benefit corporation serving the student loan industry. In his role, Parkhurst planned and executed a high-growth sales strategy which…
Summer Proves an Unusually Busy Season for Brooklyn Condo Project
New York, N.Y.–Closings have gotten underway at The Edge.
MVE Adds 24 Employees, Including Two Director Level Positions
Irvine, Calif.–MVE & Partners has added two key director-level positions with the recent appointments of Sylvia Avendano as business development director, and Erin Gebo as director of human resources. The new hires are part of a broader staffing increase at the firm and its affiliate, MVE Institutional, adding 24 professionals across various departments. It is the second round of hiring this year, building on an earlier staffing expansion that boosted the companies’ ranks by 13 employees. “We are continuing to experience increased demand from clients for architecture and master-planning services on both domestic and international projects,” says Richard Emsiek, AIA,…
Condo Project in Yonkers Expected to be Boon to Local Economy
Yonkers, N.Y.–The initial phase of Monarch will yield 162 residences, the first of which will debut in 2011.