Member News

Churchill Stateside Group, LLC (CSG) said in an announcement that it hired Eric Shorter, vice president, northeast regional production officer; Guy Spieler, president of Churchill Stateside Securities to take on additional responsibilities as the vice president, west regiona

The Michaels Organization said it is set to begin lease-up of The Zoey, a market-rate property in the East Riverside area of Austin with a six-story multifamily community providing 341 luxury apartment homes, 38 of which are designated as affordable living.

Monarch Private Capital said it has named Bryan Mills as new in-house counsel, responsible for providing legal direction on a wide range of matters in connection with federal and state tax credit equity transactions, loans, asset management, risk and compliance, contract negotiations and general legal needs of the business.

Longtime CEO of the Arlington Partnership for Affordable Housing Nina Janopaul will retire June 30, 2021, APAH said in an announcement. The APAH board has appointed Executive Vice President Carmen Romero to take over leadership of APAH as its new president and CEO on July 1, 2021.

The Housing Association for Nonprofit Developers (HAND) and Greystone partnered to offer a debt and equity platform designed to increase opportunity for Black and brown real estate developers who seek to create communities where all can thrive.

Ohio-based Woda Cooper Companies, Inc. said in an announcement it has delivered 72 units at Rivergate Greene in Charlotte, NC, with one-, two- and three-bedroom apartments for households that earn up to 30 to 60 percent area median income (AMI).

Tiber Hudson LLC announced that it named Elizabeth Weaver as partner in the Washington, DC-based law firm.

FTK Construction Services, LLC, (FTK) announced it was awarded the contract for the construction and rehabilitation of Ridgecrest Terrace Apartments in Dallas, TX. The amount of the contract award is $17,298,065, according to FTK.

Standard Communities, the affordable housing division of Standard Companies, said it has acquired Chesapeake Crossing, a 597-unit mixed-income senior community in Chesapeake, VA. The total capitalization of the transaction is approximately $68 million, the company said in a statement.

Lincoln Avenue Capital (LAC) acquired a majority interest in 37 of LHP Capital’s multifamily properties in a $125 million transaction. Headquartered in Knoxville, TN, LHP will retain an interest in the 37 properties and will also continue to manage the sites through its property management division.

Standard Companies announced that Joe Ouellette has returned to the company as chief strategy officer, a new position in which he is responsible for spearheading Standard’s growth and accelerating performance. 

Hunt Capital Partners announced seven new strategic hires across the acquisition, project management, asset management and underwriting teams.