CPN 2008 GreenBook

Owners, Managers & Developers JPI JPI provides property management and leasing services for more than 40,000 multi-family units across the United States and is the preferred multi-family property manager for RREEF Asset Management Group. JPI offers acquisition, development, construction and asset management services for conventional multi-family and student housing communities. Its annual production volume, including developJIM BUTZ ment and acquisitions, reaches $1 bilPresident of the Eastern Division lion. The firm is headquartered in Irving, JPI Texas, and it operates regional offices in Atlanta; Boston; Washington, D.C.; White Plains, N.Y.; and Carlsbad, Calif. will provide housing for 30,000 residents in 9,000 apartments on a one-and-a-half-mile portion of the Hudson River Waterfront Walkway. Oakwood Worldwide Oakwood Worldwide provides furnished apartments. It employs more than 3,500 associates, manages almost 23,000 apartment units and works with 300 network partners worldwide. Oakwood Asia Pacific manages apartments for business and leisure travelers in China, India, Indonesia, Japan, Korea and Thailand. Its latest addition, OakHOWARD RUBY wood Residence Hangzhou, is slated to Chairman, Founder & CEO Oakwood Worldwide be one of eight properties opening in China in 2008 and 2009. The company anticipates managing over 2,000 units across five Chinese cities by 2010. Lane Co. Lane Co.’s unified platform includes development, construction, property management, asset the condo boom is past, but the apartment management and acquisitions. industry continues to have strong fundamentals. We'll see In recent years, the company has expanded from its Southcontinued demographic growth that will support the eastern base and operates apartment industry for years to come. Also, many offices in Florida, the Gulf companies, including ours, are pursuing value-add Coast, the Carolinas, the Southwest, the Northeast and opportunities that will pay off down the road.” the Mid-Atlantic. Perhaps best -—Bill Donges, Lane Co. known for its rental and forBILL DONGES sale residences in Atlantic StaCEO Lane Co. The Related Group tion, a new mixed-use community in Midtown Atlanta, Lane is developing other large residential The Related Group builds and manages residential units and mixed-use projects in Atlanta, Florida, Texas, the Gulf in Florida, California, New York City Coast and the Northeast. The firm aims to have $1.5 billion and elsewhere in the United States. In worth of new projects under way by 2011. February 2008, the company launched Lane Co. is pursuing a number of environmentally a $1 billion investment vehicle with sound opportunities. It is focusing these efforts on in-town Philadelphia-headquartered private areas, often within or in conjunction with mixed-use com- equity firm Lubert-Adler to purchase munities like Atlantic Station and Lindbergh City Center mortgages and properties from other between Buckhead and Midtown in Atlanta. The Dawson developers, lenders and owners. Assets Co. is developing the eon at Lindbergh condominiums—for will range from finished condominium JORGE PEREZ joint ownership with Lane—to EarthCraft Multifamily cer- units to land in the Southeast. The comCEO The Related Group tification standards so homeowners will use less energy, pany’s new subsidiary, Related Internareduce power-plant emissions and save on utilities. tional, announced in January 2008 that it would begin According to the Southface Energy Institute, the communi- developing The Grand Tower, the third and final portion of ty could prevent 890,000 pounds of carbon dioxide from the ICON Vallarta residential condo towers, in Puerto Valbeing released into the air. larta, Mexico. “Clearly, LeFrak Organization Inc. The LeFrak Organization Inc.’s portfolio is concentrated in the New York City, Los Angeles and London metropolitan areas. Founded in 1901, the company focuses on the residential and office sectors but also owns a significant amount of hotel and retail property. LeFrak’s flagship mixed-use development, Newport, sits opposite Manhattan’s World Financial Center. When complete, the $10 billion community The Richman Group Affordable Housing Corp. The Richman Group Affordable Housing Corp. is one of the nation’s largest developers and managers of tax-credit and other kinds of affordable housing properties. Its affiliates have developed 13,500 units and manage more than 14,000 units. As a program sponsor, it has raised almost $6 billion in equity capital for 1,000 properties, including 75,000 units across 48 states and three U.S. territories. The company recently launched RICHMAC I, a fixed-rate firstmortgage lender for 9 percent low-income-housing taxcredit transactions. The 2008 Multi-Family Greenbook RICHARD LEFRAK Chairman & CEO LeFrak Organization Inc. 16 Commercial Property News

Table of Contents Feed for the Digital Edition of CPN 2008 GreenBook

CPN 2008 Greenbook Table of Contents Industry Update Green Update Giants Owners, Managers & Developers REITs Finance Firms Seniors Housing Providers Service Firms Software Providers Activity Index Alphabetical Master Listings

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