W Hollywood Hotel & Residences Celebrates Topping out with Dramatic Public Ceremony

Today, luminaries of Los Angeles politics, entertainment and business gathered to celebrate the rise of Hollywood’s newest star at the iconic corner of Hollywood & Vine: the W Hollywood Hotel & Residences. The “topping out” ceremony offered a dramatic preview of the property in true Hollywood style; complete with aerial acrobats, streaming banners, plenty of cameras and a clear message: Get ready for the excitement coming in November... 

RedPeak Properties Recognized With Four Tributes 2008 Awards by the Apartment Association of Metro Denver

RedPeak Properties, one of the most respected apartment owners, acquirers and developers in Denver, announced today that it won four Tributes 2008 Awards at the Apartment Association of Metro Denver’s (AAMD) Tributes Gala held November 15, 2008. RedPeak took top honors in the following categories: – RedPeak’s Team for Tomorrow Program was recognized as the Most Outstanding Employee Retention Program; – Joanna Pulido, community... 

Despite Economy, Landlords Should Not Make Hasty Decisions on Renters

Faced with an empty property in this rough economy, landlords may be temped to relax their standards. Since they have monthly mortgages, taxes and other expenses, they can be desperate to get someone — anyone — in their home to pay the rent. This strategy, however, could land them a tenant who cannot pay the rent and ultimately must be evicted — which presents a greater headache than just an empty property. Here are tips for landlords... 

Berkshire Income Realty Announces FFO of $5,411,032 for Nine Month Period Ended September 30, 2008

Berkshire Income Realty, Inc.(“Berkshire” or the “Company”) reported its results for the periods ended September 30, 2008. Financial highlights for the three and nine-month periods include: The Company’s Funds from Operations (“FFO”), a non-GAAP financial measure, for the three and nine months ended September 30, 2008 were $2,071,466 and $5,411,032, respectively, as compared to $2,259,707 and $4,235,769, respectively,... 

Harrisburg’s Triple Crown Corporation Wins Association Awards

Triple Crown Corporation of Harrisburg took home awards from two separate professional organizations during the month of October. Two of their model homes won a total of eleven awards at the Harrisburg Home Builders Association’s Parade of Homes Gala held October 2 at the West Shore Country Club in Camp Hill. Triple Crown’s rental communities won a host of awards at the Apartment Association of Central PA’s (AACP) Annual Best of... 

Pinnacle Expands Established Commercial Management Department

Pinnacle, an international real estate management firm, has positioned itself to expand its commercial management division. Jim Long, the new vice president of commercial management as of October 30, will be responsible for operations and business development in the Pacific Northwest Region. His business development efforts will be targeting the Puget Sound marketplace. The leading multifamily property manager in Seattle and the leading third-party... 

NWP Services Corporation Completes ViaStar Energy Inc. Transition

NWP Services Corporation (NWP), the leading provider of financial transaction processing solutions for the multifamily housing industry, today announced that it has successfully completed the transition of ViaStar Energy’s billing customers to NWP’s billing system on schedule, in just sixty days following acquisition of the company. “We are very pleased to have now welcomed our new property management customers and look forward to... 

Dominion Partnering With EarthCraft House for Next Generation of Energy Efficient Homes

Dominion Virginia Power has partnered with EarthCraft House(TM) Virginia to deliver a voluntary green building program to serve as a blueprint for healthy, comfortable homes that reduce energy consumption and protect the environment in the Commonwealth. “The EarthCraft Houses voluntary green builder program is an excellent fit with Dominion’s commitment to energy conservation and environmental stewardship,” said David A. Heacock,...