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Broadstone McKinney in McKinney, Texas
Leasing & MarketingNewsOperationsTexas

Asset Living Awarded Management of Broadstone McKinney in Dallas Suburb

by Channing Hamilton

MCKINNEY, TEXAS — Asset Living has been awarded management of Broadstone McKinney, a 255-unit community in the Dallas suburb of McKinney. Broadstone McKinney offers one-, two- and three-bedroom apartments. Units feature full-size washers and dryers, walk-in closets and stainless-steel appliances. According to Apartments.com, the complex was built in 2021 and rises three stories. Amenities include package lockers, a pool, pet park, outdoor kitchen, business center, clubhouse, lounge, fitness center and a playground.

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Kristi Nootens, managing director and co-head at CP Capital US
Industry VoicesMidwestNortheastOperationsPeople NewsSoutheastTexasWestern

Q&A with Kristi Nootens: Women Can Break Down Barriers in the Industry

by Channing Hamilton

Kristi Nootens, managing director and co-head at CP Capital US, a real estate manager specializing in multifamily investments, sat down with Multifamily Affordable Housing Business (MAHB) to discuss the role of women in the industry and how the market may develop as we progress into the second half of 2023. On Women in Real Estate MAHB: Tell us about yourself and your journey. Nootens: My journey to commercial real estate started in large part because both of my parents worked in the industry. My dad was a mechanical engineer who spent a lot …

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4 Eden River Park in Whippany, N.J.
DevelopmentNew JerseyNewsNortheastOperations

Coldwell Banker Begins Pre-Leasing for 34 Eden River Park in Whippany, New Jersey

by Channing Hamilton

WHIPPANY, N.J. — Coldwell Banker Realty New Homes has begun pre-leasing efforts for 34 Eden River Park in Whippany, approximately 5.5 miles from downtown Morristown, New Jersey. 34 Eden River Park offers 81 apartments ranging from 690 to 1,500 square feet in size. Monthly rents range from $2,995 to $5,900. Amenities include a pool with a hot tub, an outdoor lounge, a fitness center, a business center, a pet wash and secure bike storage. The first move-ins at the community are expected in August 2023. 

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Revital Gadish, CFO/COO, Qira
Industry VoicesMidwestNortheastOperationsSoutheastTexasWestern

How Alternative Payment Systems Support White House ‘Renter’s Bill of Rights’

by Channing Hamilton

— By Brian Ball and Revital Gadish, co-CEOs, Qira — Much of the news about property technology (proptech) concerns the physical features of apartment buildings — for example, appliances such as smart thermostats that save energy and money, or keyless entry and monitoring systems that are more convenient and secure. However, proptech also addresses intangible concerns, such as the societal push to give more power to renters in their relationships with owners and managers. The sector is rethinking how renters pay security deposits and monthly rents in ways that support …

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CaliforniaNewsOperationsPeople NewsWestern

EAH Housing Hires Two New Vice Presidents

by Channing Hamilton

SAN RAFAEL, CALIF. — EAH Housing has added Katherine Fleming as Senior Vice President of Portfolio and Karim Sultan as Vice President of Operations and Corporate Governance to its executive leadership team. Fleming will oversee EAH Housing’s asset management and compliance departments, as well as manage the firm’s portfolio. Prior to joining EAH Housing, she served as an asset management executive at BRIDGE Housing, RBC Capital Markets and Resources for Community Development. Sultan previously served as chief operating officer at East Bay Asian Local Development Corporation, where he was responsible …

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Investment SalesNewsNortheastOperationsPennsylvaniaPeople News

Toll Brothers Selects John McCullough as President of Multifamily Division

by Channing Hamilton

FORT WASHINGTON, PENN. — John McCullough has been promoted to the role of president at Toll Brothers Apartment Living, the multifamily division of Fort Washington-based Toll Brothers, Inc. In this role, McCullough will be responsible for leading all acquisitions, development, branding, marketing and operations across the company’s U.S. portfolio. He previously served as senior vice president and managing director at Toll Brothers Apartment Living from its inception in 2012. Prior to joining Toll Brothers, he worked for Tishman Speyer Properties. McCullough received a Bachelor of Science in Economics from the …

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FloridaNewsOperationsPeople NewsSoutheast

The Bainbridge Cos. Hires Gail Ruggles as Executive Vice President of Operations

by Channing Hamilton

WELLINGTON, FLA. — Gail Ruggles has joined The Bainbridge Cos., a Wellington-based developer and manager, as executive vice president of operations. In this role, Ruggles will oversee the firm’s owned and managed assets, as well as the financial performance at each community. Ruggles previously served as senior vice president of operations at RADCO Residential and Steadfast Living. She also spent 23 years at Gables Residential, where she was responsible for its third-party operations. Ruggles attended Ball State University in Muncie, Indiana.

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Canvas at Castle Rock in Castle Rock, Colorado
ColoradoNewsOperationsWestern

Asset Living Takes Over Management of Canvas at Castle Rock in Castle Rock, Colorado

by Channing Hamilton

CASTLE ROCK, COLO. — Asset Living has taken over management of Canvas at Castle Rock, a 102-unit townhome-style community in Castle Rock, as of June 21, 2023. Canvas at Castle Rock offers one, two and three-bedroom floor plans, as well as amenities such as a pool, fitness center, outdoor exercise space and a clubhouse. According to Apartments.com, the community was built in 2023.

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Alta Star Harbor in Alameda, Calif.
DevelopmentFeaturesNewsNortheastOperationsWashington, D.C.

U.S. Supreme Court Decision Limits Federal Jurisdiction Under Clean Water Act, Gains Support of Multifamily Industry

by Channing Hamilton

WASHINGTON, D.C. — The U.S. Supreme Court has released its decision on Sackett v. EPA, a case focused on the definition of the “waters of the United States” (WOTUS). The court unanimously ruled on May 25 that the federal jurisdiction under the Clean Water Act (CWA) extends only to wetlands that are “indistinguishable” from larger bodies of water by having a “continuous surface connection.” The decision narrows the reach of federal CWA protections and could have a major impact on a variety of industries, including commercial real estate. On June 1, 2022, …

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Affordable HousingCaliforniaNewsOperationsPeople NewsWestern

Alta Housing Adds Stephanie Shipe as Vice President of Property Management

by Channing Hamilton

PALO ALTO, CALIF. — Alta Housing has selected Stephanie Shipe as Vice President of Property Management. In this role, Shipe will manage over 1,000 units and a team of 35 professionals. Shipe previously served as the Director of Portfolio Management for the Housing Authority of the City of Alameda, California. Prior to this, she served as Director of Operations at MidPen Housing, a non-profit developer, owner and of affordable housing in California and was appointed to the City of Alameda Housing Authority’s Board of Commissioners. Shipe received a Bachelor of Science …

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