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People
Carol Galante, a recognizable and progressive thought leader within affordable and multifamily housing circles, was named deputy assistant secretary of multifamily housing at HUD.
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Walker & Dunlop, Column Merge
Walker & Dunlop, the parent company of Green Park Financial, merged with Column Guaranteed, a subsidiary of Credit Suisse Group at the end of January.
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Rural Housing Administrator Named
Tammye H. Trevino has been appointed administrator for housing and community facilities at the U.S. Department of Agriculture’s Rural Development agency.
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Housing Will Be Key Priority for New Administration,Congress
Restoring the housing industry to health will be a key priority of the incoming administration and Congress.
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FHA's Refi Boom Magnifies Agency's Benefits, Drawbacks
While more developers are turning to the Federal Housing Administration (FHA) for new construction financing, an increasing number of borrowers are also using the FHA to refinance existing loans. But the drawbacks of engaging with the FHA can sometimes outweigh the benefits
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Capmark Staves Off Bankruptcy, Employees Flee
Capmark Financial Group has completed a financial restructuring designed to keep the wolves away from its door for another year or two.
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Public, Private Firms Turn to Floating-Rate Debt as a Hedge
Despite the recession, the multifamily industry is, in some ways, leading a charmed life.
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People
Trammell Crow Residential has hired Mark Barberich as project executive in its Mid-Atlantic region.
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PEOPLE
Mark C. Williams has joined Red Mortgage Capital, Inc., as a director in its new Denver office.
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Georgia Tech Power Wrap, Atlanta
Turning an unsightly power substation along Interstate 75 in Atlanta into an intriguing art installation using light-emitting diode (LED) technology required power of another kind: brainpower.