389-Unit Apartment Property Opens in Morgan Hill, Calif.
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SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
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Federal Realty Investment Trust, which is best known for developing retail properties, has hired Hilton Worldwide executive Michael Ennes to oversee its portfolio of apartment properties. The Rockville, Md., REIT, which owns 89 properties, has some 1,500 apartment properties. In ...
Hillwood Investment Properties has hired Don Schoenheider, a former vice president with Liberty Property Trust, to run a soon-to-be opened office in the Chicago area. The Dallas industrial property specialist, founded by the family of Texas billionaire Ross Perot Jr., ...
Marshall A. Loeb, the former president and chief operating officer of Glimcher Realty Trust, has been named to the same posts at EastGroup Properties Inc., a Jackson, Miss., owner of industrial properties. Glimcher recently was acquired by Washington Prime Group ...
Agency lender Greystone has opened an office in Portland, Ore., and hired Dan Ross to oversee it. Ross joins the company from HomeStreet Capital, where he specialized in originating loans under Fannie Mae's Delegated Underwriting and Servicing program. He had ...
Andrew Shook, a long-time mortgage originator who had helped found Resource Capital Corp., a Philadelphia mortgage REIT sponsored by Resource America Inc., has joined A10 Capital as head of national originations. Shook, a senior executive vice president with the Boise, ...
The Real Deal In the wake of its acquisition of Cassidy Turley, DTZ Investment Holdings has laid off 45 employees across the country, including nine brokers in its New York office. DTZ closed on its $557 million purchase of Cassidy ...
CBRE Group Inc. has added Mark E. Bratt, former chief investment officer of DDR Corp., to its capital markets team. As a senior managing director, Bratt will lead CBRE's retail investment practice for the Americas, which has some 100 professionals. ...
Kenneth E. Cruse, who has served as chief executive of Sunstone Hotel Investors Inc. since 2010, has resigned to pursue other opportunities. His responsibilities have been taken over by John Arabia, the Aliso Viejo, Calif., REIT's president. Cruse had joined ...
Gail Cardwell, who rejoined the Mortgage Bankers Association as head of its commercial/multifamily policy and member engagement group, is stepping down at the end of next month. She'll be leaving to head the northern Virginia chapter of Christians in Commerce, ...
Walker & Dunlop Inc. has added two people to its Federal Housing Administration lending group in Denver. The Bethesda, Md., company has hired Ralph Lowen, who previously served as principal of the FHA loan organizations team at Prudential Mortgage Capital ...
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