Prominence
Value Cos. Launches Third-Party Property Management Division
Clifton, N.J.–Value Companies has launched a new division to provide full-service management capabilities and customized asset solutions to third-party real estate investment and property owner clients throughout the country.
Are You Marketing to All Prospects in the Melting Pot?
New York–The renters of tomorrow look very different but the industry isn’t exactly doing..
Kettler Property Wins PARAGON Community of the Year
Arlington Va.–Kettler Management’s The Metropolitan at Pentagon City in Arlington, Va., was named National Apartment Association’s (NAA) PARAGON Community of the Year.
Distressed Properties Can be Profitable, But Pose Booby Traps for Unwary
New York–Distressed means being exceptionally careful about numbers associated with a property.
Maintaining Balance Between Rents and Occupancy Is Key Challenge with Property Management
Irvine, Calif.–Laura Khouri succeeds Thomas K. Shelton as president of Western National Property Management.
Two Harlem Condo Projects Revived
New York–The Lore and the Gateway, two condominium projects in Manhattan’s Harlem neighborhood that had been stalled because of problems with their financing, have been restructured and recapitalized
Campus Advantage Promotes Duckett to Chief Business Development Officer and EVP
Austin, Texas–Campus Advantage has promoted Scott Duckett to chief business development officer (CBDO) and executive vice president. As the CBDO, Duckett oversees the company’s business development, market strategy and investor services. Prior to his promotion, he was senior vice president of professional services. He joined the company in 2005 as the director of business development. “Duckett has been instrumental in building our industry-leading higher education development services,” says Mike Peter, president and CEO of Campus Advantage. “We are in a strong position to take advantage of a recovering investment landscape and robust student housing prospects.”
LeasingDesk Introduces Event Liability Insurance for Residents
Carrollton, Texas–LeasingDesk has announced the availability of special event liability insurance for residents who host one-day gatherings in property clubhouses or at other local off-site locations. “This affordable liability protection is designed to provide protection to the resident and the property owner that a standard renter’s policy does not provide,” says David Carner, president of LeasingDesk. “We believe liability protection will soon become a requirement for many properties any time the clubhouse is rented, because it offers protection to the owner and the resident and the cost is not prohibitive.” Offered through eRenterPlan, which specializes in insurance products for apartment…
Twist on Construction Materials Reduces Cost for Apt. Project
Dallas– Galaxy switched the conventional concrete for cold-formed steel (CFS) to build part of the project and it made all the financial difference.
Lyon Communities Debuts SoCal Luxury Apts
The company conducted extensive research to assess just what local residences desire most in a property.