Prominence

Affordable Apt. Project in Chicago Goes Green

Chicago–$9.8 million came through the federal American Recovery and Reinvestment Act.

Gus Poulopoulos Joins NAI Global’s NYC Office as Executive MD

New York–Gus Poulopoulos has joined NAI Global’s New York City office as executive managing director for corporate services. Before joining NAI, Poulopoulos was a founding partner at United Systems Integrators Corp. (USI) in 1991. In 2005, Poulopoulos and his partners sold USI to Johnson Controls, where he continued to serve as a vice president responsible for real estate delivery.

CEO of Campus Apartments Receives Ernst & Young Entrepreneur Of The Year Award

Ernst & Young’s Entrepreneur Of The Year has expanded to recognize business leaders in over 135 cities in 50 countries.

A Pencil Factory Is Now A Condo Project

New York–There hasn’t been much development of newbuild condominiums in Greenpoint.

Laura Khouri Is New President of Western National Property Management

Irvine, Calif.–Laura Khouri has been appointed president of Western National Property Management.

‘Ecopads’ for Green-Conscious Renters

Will green features in apartment residences attract renters in a market with a fair amount of choice?

ARA Opens Portland, Ore. Office, Expands Northwest Presence

Portland, Ore.–Atlanta-headquartered Apartment Realty Advisors (ARA) recently opened its Portland, Ore. office, under the leadership of Gail Neuburg, former co-owner and operator of Portland-based Tilbury, Ferguson & Neuburg, Inc. This is ARA’s 20th location and expands its existing Northwest presence—ARA’s Seattle, Wash. office opened in 2007. According to Neuburg, “The ARA platform will substantially enhance our service delivery to our clients by allowing us to immediately leverage off of the relationships, knowledge and infrastructure of this powerful team of brokers.” Neuburg and her team will continue to specialize in representing both institutional and private capital owners and investors in the…

Berkadia Commercial Mortgage’s Mike Bryant to Serve on Freddie Mac Advisory Council

Dallas–Senior vice president/branch manager Mike Bryant of Berkadia Commercial Mortgage’s Dallas office, has joined the Freddie Mac Program Plus Advisory Council for a two-year term. The advisory council members work as advisors to Freddie Mac on market issues, programs and process issues. Bryant has 30 years of real estate experience and has originated more than $1 billion in commercial real estate loans over the past six years. A specialist in multifamily real estate finance, Bryant is a top originator of loans through Berkadia’s Freddie Mac and Fannie Mae programs. “With his extensive multifamily finance experience, Bryant will be a great…

Economic Recovery Is Taking Strong Roots in Inner Cities

James Brooks talks about what the Inner City 100 recognition means to the company and why he thinks cities are powerful economic engines.

NWP Services to Introduce Next Gen Utility Management Offering at NAA 2010 Conference

Irvine, Calif.–NWP Services Corp. (NWP) will introduce its next generation utility management offering, UtilitySmart, at the National Apartment Association’s (NAA) Annual Education Conference and Exposition on June 24-26 in New Orleans, La. “UtilitySmart is an all-new utility management suite of products that wholly targets one of multifamily properties’ largest operating expenses: utilities,” says Michael Radice, president and CEO of NWP Services Corporation. “With it, owners and operators can effectively control, manage and plan utility spend with precision, and as a result, gain measurable increases in Funds from Operations (FFO), Net Operating Income (NOI) and asset value of their properties,” Radice…