West
WNC Provides Financing for Seniors Apartments in Long Beach, CA
Ramona Park Senior Apartments, an affordable senior housing community in Long Beach, Calif., has been completed.
Michelle Antic Joins The Mark Company as Project Director
The Mark Company, an urban residential marketing and sales firm, announced Michelle Antic has been appointed project director.
Kevin Johnson Joins Auction.com Board
Auction.com, an online real estate marketplace, has added retired Juniper Networks’ CEO and former Microsoft executive Kevin Johnson to its board of directors. Johnson is the most recent high-profile addition to the Auction.com board, joining Jeff Epstein, ex-Oracle and DoubleClick chief financial officer, and current managing partner at Bessemer Venture Partners.
Related California Announces New Market-Rate Residential Division to be Led by Greg Vilkin
Related California, the West Coast affiliate of Related Companies, announced that veteran real estate executive Greg Vilkin will join the company as president of Related California Urban Residential, a newly formed division, and as a member of the senior executive team.
Partial Sale of Tempe’s Rialto Condominiums Announced
Dedicated multifamily brokerage and advisory services firm ABI Multifamily has announced the sale of 22 of the 54 residences at Rialto Condominiums, near Arizona State University in Tempe.
Crown Realty & Development Acquires Ocotillo Springs Community in Chandler, Ariz.
Crown Realty & Development has announced that it has closed on the purchase of the 272-unit Ocotillo Springs Community in Chandler, Ariz. The $33.4 million acquisition is the company’s 10th purchase in the Phoenix area market since 2010 and the company already has plans for extensive interior renovations and other community upgrades.
P.B. Bell, Davis Enterprises Tapped to Redevelop Barrister Place Building in Phoenix
The City of Phoenix has selected P.B. Bell and Davis Enterprises to redevelop the historic Barrister Place building in the city’s downtown neighborhood.
TODAY’S DEALS: Aragon Closes 850 Unit Purchase in Denver and Orlando
Aragon Holdings buys two communities in Denver and Orlando; Walker & Dunlop structures $72 million in bridge conduit and mezzanine financing for acquisitions; and Crown Realty completes its 10th Phoenix area apartment acquisition since 2010.
Yardi Joins Forces with The Home Depot to Offer Clients More Purchasing Options and Full Purchasing Control
Yardi® clients can now easily access thousands of The Home Depot® products either in store or online with a click of a button via the online procurement system offered with Yardi Procure to Pay™, a fully automated end-to-end procurement and invoice processing platform.
Auction.com Adds Mindy Heppberger as Chief Legal Officer
Auction.com LLC, an online real estate marketplace, announced the appointment of Mindy Heppberger as executive vice president and chief legal officer.