Company News

The-Grove-at-Piscataway
Company NewsInvestment SalesNew JerseyNewsNortheast

Former Gebroe-Hammer Execs Launch Advisory Firm, Close First Deal

by Lynn Peisner

WEST ORANGE, N.J. — David Oropeza and David Jarvis, former executives at Livingston, New Jersey-based brokerage firm Gebroe-Hammer, have founded ICON Real Estate Advisors. The new multifamily investment sales firm has arranged its debut transaction with the $35.1 million trade of The Grove at Piscataway, a 110-unit property in Piscataway. The asset, developed in 2020, was 100 percent occupied at the time of the sale. ICON represented the undisclosed seller in the deal and sourced a buyer that was completing a 1031 exchange. Oropeza spent 38 years at Gebroe-Hammer Associates. …

Continue Reading
0 FacebookTwitterLinkedinEmail
Novel-River-District-Charlotte
Company NewsLeasing & MarketingOperations

RKW Tapped to Manage NOVEL River District in Charlotte

by Lynn Peisner

CHARLOTTE, N.C. — Crescent Communities has hired RKW Residential to third-party manage the developer’s NOVEL River District, a newly completed 318-unit property located within The River District, a 1,400-acre master-planned community in West Charlotte. NOVEL River District was the first project to be completed on the site. At full-build-out, The River District will include approximately 2,350 multifamily units as well as single-family, for-sale homes. NOVEL River District offers studio, one- and two-bedroom apartments and amenities such as a resort-style pool, fitness center, a plant room, outdoor recreation areas, dog park, …

Continue Reading
0 FacebookTwitterLinkedinEmail
Wayne-Wozniak
Company NewsIllinoisMidwestPeople News

Cullinan Properties Names New CFO

by Lynn Peisner

BURR RIDGE, ILL. — Cullinan Properties, a commercial and mixed-use developer, has promoted Wayne Wozniak to chief financial officer. Wozniak, whose former title was senior vice president of accounting, will oversee financial operations, including accounting, tax strategy, financial reporting, forecasting and capital planning while working closely with executive leadership to advance Cullinan’s strategic initiatives. Wozniak joined the company in June 2024.

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingCompany NewsNewsPeople News

EAH Housing Hires New CFO

by Lynn Peisner

SAN RAFAEL, CALIF. — EAH Housing has hired Duane Hopkins as chief financial officer. Hopkins has worked in financial leadership roles since 2000, with 15 years dedicated specifically to affordable housing and real estate development. In his new role, Hopkins will oversee financial strategy, accounting, treasury, governance support, operations and information technology. He previously served in senior leadership roles at Housing Catalyst in Colorado and the Oakland Housing Authority, where he managed financial strategy, oversaw development pipelines and led organizational restructuring efforts.

Continue Reading
0 FacebookTwitterLinkedinEmail
Kearse-Brandon
Company NewsNew YorkNewsNortheastPeople News

Jonathan Rose Cos. Appoints Brandon Kearse as President and Chief Investment Officer 

by Lynn Peisner

NEW YORK CITY — Affordable housing investment and development firm Jonathan Rose Cos. has appointed Brandon Kearse president, managing partner and chief investment officer. Kearse joined the company in 2015 as an associate director. In his new role, he will drive strategy and oversee operations across acquisitions, recapitalizations and investor relations. Jonathan Rose Cos. was founded in 1989. Its portfolio includes approximately 20,000 units across 14 states and Washington, D.C.

Continue Reading
0 FacebookTwitterLinkedinEmail
Alex-Terauds-CF-Capital
Company NewsKentuckyNewsPeople NewsSoutheast

CF Capital Hires Alex Terauds as Acquisitions Principal

by Lynn Peisner

LOUISVILLE, KY. — CF Capital, a multifamily investment firm focused on assets in the Midwest and Southwest, has hired Alex Terauds as acquisitions principal. Terauds will work with the firm’s leadership and acquisition team to evaluate new investment opportunities. He has held prior leadership roles at Sunset Property Solutions, where he led approximately $120 million in acquisitions, and The Connor Group, where he oversaw acquisition underwriting, executing about $1.7 billion in dispositions and acquisitions as well as assisting in the launch of a preferred debt fund.

Continue Reading
0 FacebookTwitterLinkedinEmail
Affordable HousingCompany NewsFinanceMarylandNew YorkNewsNortheast

Walker & Dunlop, Pretium Launch Affordable Housing Bridge Lending Venture

by Lynn Peisner

BETHESDA, MD., NEW YORK CITY — Walker & Dunlop and Pretium have launched a $250 million joint venture to provide financing for affordable housing. The new group, known as Walker & Dunlop Affordable Bridge Capital, will originate flexible, short-term first-mortgage bridge loans for properties that are being acquired, refinanced or prepared for long-term government programs such as LIHTC, Section 8 or tax-exempt bonds. The joint venture will offer flexible, interest-only bridge financing with loan sizes ranging from $10 million to $75 million and terms between six and 36 months.

Continue Reading
0 FacebookTwitterLinkedinEmail
Brian-Killinger-Gilbane
Company NewsMassachusettsNewsNortheastPeople NewsRhode Island

Gilbane Appoints Brian Killinger Head of Asset Management

by Lynn Peisner

PROVIDENCE, R.I. — Gilbane Development has hired Brian Killinger as head of asset management, a role that requires oversight and growth of a national portfolio of more than 8,000 multifamily units, 3,550 purpose-built student housing beds as well as other retail and office assets. Prior to joining Providence-based Gilbane, Killinger directed a regional portfolio of 200 multifamily properties consisting of approximately 70,000 apartments in the Eastern United States in his capacity as senior vice president, asset management, at LivCor, a Chicago-based subsidiary of The Blackstone Group. Killinger works out of …

Continue Reading
0 FacebookTwitterLinkedinEmail
Mansions-at-Riverside-Tulsa
Company NewsInvestment SalesKentuckyMidwestNewsNortheastOhioOklahomaSoutheast

Morgan Properties Buys Dream Residential REIT for $345 Million

by Lynn Peisner

CONSHOHOCKEN, PA. — Morgan Properties has acquired Dream Residential Real Estate Investment Trust, a public Canadian REIT, for $345 million. Acquisition of the Toronto-based REIT included 15 properties now privately owned by Conshohocken-based Morgan Properties. The properties comprise 3,300 units in metro areas throughout Texas, Ohio, Kentucky and Oklahoma. Morgan will invest $58 million in interior and exterior enhancements and amenity upgrades in the 15 communities, which were developed between 1968 and 2002. In 2025, Morgan has completed $1.5 billion in acquisitions, comprising approximately 14,000 units and 80 properties. TD …

Continue Reading
0 FacebookTwitterLinkedinEmail
CEI-Hillcrest-Antioch
Affordable HousingCaliforniaCompany NewsDevelopmentFinanceFloridaInvestment SalesNewsNorth CarolinaNortheastSouth CarolinaSoutheastWestern

CEI Launches Affordable Housing Investment Partnership

by Lynn Peisner

LOS ANGELES — Los Angeles-based developer Cypress Equity Investments (CEI) and an unnamed Florida-based investment firm have partnered to build or acquire approximately $1.2 billion worth of affordable housing communities. The venture is being launched with 11 ground-up projects that are already in place in California and Florida. Target markets for future opportunities include the Carolinas, Tennessee, Texas and some markets in the Northeast. Some of the deal characteristics CEI is seeking will include communities with on-site resident services, developments that partner with nonprofits and acquisitions of other existing institutional …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.