West

Commercial Real Estate Solutions’ New Tool Lets Brokers Create Marketing Materials

Commercial real estate consulting firm Commercial Real Estate Solutions has introduced

Affordable Housing in Cali Goes Solar With Solar Electrical Systems

Solar Electrical Systems of Westlake Village, Calif., installed a solar electrical system on the Irvine Inn

Trumark Sells Silicon Valley Land Parcel to BRE Properties to Develop Apartment Complex

Trumark Cos. has sold 6.6 acres of land in Silicon Valley to BRE Properties, which will develop a 336-unit apartment and mixed-use community.

Marcus & MIllichap Promotes Armand Tiberio to First VP of Investments

Marcus & Millichap has promoted Armand Tiberio to the position of first vice president of investments. This is one of the highest levels of recognition the firm awards to its investment specialists.

White Paper Shows Archstone Increased Revenue by 1.5% from Call Center’s Capture of Incremental Leads

A property can see a significant increase in its revenue by outsourcing its call center and capturing more resident leads in the process

DEAL OF THE DAY: ARA Brokers Sale of Two Well-Located Distressed Properties for $52.15 Per Square Foot

Apartment Realty Advisors (ARA) brokered the sale of a 78-unit, two property portfolio in Aurora, Colo. to JTA Properties, a private local buyer, for $2,125,000, representing a price per unit of $27,244, or $52.15 per square foot.

AMCAL Promotes Mario Turner to VP, Development in OC Office

AMCAL Multi-Housing Inc. recently promoted Mario Turner to vice president of development for the company’s Orange County office

MARKET SNAPSHOT: With Supply in Check, Denver Remains Optimistic about Absorption

Denver never had the run-up that other markets in the mountain area, such as Phoenix and Las Vegas, had, but the city delivered about 18,000 units between 2001 and 2002, at the same time that it lost a lot of jobs, which contributed to a huge influx of supply.

DEAL OF THE DAY: Colliers Directs MF Sale in LA at 3.78% Cap Rate

Colliers International directed the sale of an eight-unit apartment building

Arjun Nagarkatti Is New President of AMCAL

AMCAL Multi-Housing Inc. recently promoted Arjun Nagarkatti to president.