News Updates

Industry Veteran Tapped to Spearhead Hoffman’s New Market Services

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Land brokerage firm The Hoffman Company has hired Patrick Simons to lead the company’s expansion into the multifamily sector. Simons, a 25-year veteran in multifamily development, will join the firm as senior vice president and managing director of multifamily markets. “Although The Hoffman Company has occasionally assisted multifamily clients over the years, our core business has always been single-family lots for home-builders. We believe our firm has much to offer

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Nearly half of the 50 most vulnerable counties are in New Jersey and Florida. ATTOM Data Solutions released a special report on April 7 spotlighting U.S. housing markets at the county level to show which areas are more vulnerable to the impact of the coronavirus pandemic. According to the report, the Northeast region of the U.S. has the largest concentration of the most at-risk counties, with clusters in New Jersey

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CBRE Group has been named the top global brand in commercial real estate by The Lipsey Company. This is the 19th year in a row CBRE has achieved this recognition. CBRE’s development services subsidiary, Trammell Crow Company, was the top-ranked development company for the third consecutive year. Lipsey is a training and professional development firm specializing in commercial real estate. It has surveyed commercial real estate professionals on their perceptions

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First American Financial Coporation announced in mid-February that it has reached an agreement to purchase Docutech—a provider of document, eClose and fulfillment technology for the mortgage industry—for $350 million. Docutech’s management team, including President and CEO Amy Brandt, will continue to lead the company’s operations. The acquisition is expected to close by the end of March. Author admin View all posts

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Maryland-based real estate firm Blue Ocean has expanded its footprint into Howard County, Maryland, with its acquisition of The River Front Apartments in Savage, Maryland. The 144-unit, water-front and gated, residential community is located in Howard County, a few milesfrom downtown Columbia. The purchase of The River Front Apartments aligns with Blue Ocean’s long-term strategyto acquire real estate in Class A locations that provide tangible opportunities to create or add

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Brett Meringoff, a prominent affordable and mixed-income housing developer has steppedin to help lead Fairstead’s expanding development business across the country. In his new role as senior vice president, he will be based in the firm’s Bethesda, Maryland, office. Fairstead is a fully-integrated real estate firm committed to affordable housing. Meringoff will work on ground-up developments and new acquisitions for both affordable and mixed-income projects across the country. Meringoff most