Lawrence Maloney

Lawrence Maloney's Posts

Globe Trekkers: US Firms Expand Overseas Globe Trekkers: US Firms Expand Overseas

Condos for Czech Republic workers. Luxury high-rises in Brazil. Former government-owned rentals in Germany. Massive new multifamily complexes in China. These are the surprising new targets of many U.S. multifamily firms. “Global real estate is a growth market,” says Gleb Nechayev, senior economist of the Boston-based research firm Torto Wheaton, a subsidiary of CB Richard Ellis. “In many areas, particularly emerging countries like India and China, local investors have little background in professionally-run apartment operations.” Read more

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Go East

Just as the manufacturing world has beaten a path to Asia-Pacific, multifamily developers also see that region as a land of great potential. Read more

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Saving Grace: Sister Lillian Murphy Saving Grace: Sister Lillian Murphy

Sister Lillian Murphy, Mercy's CEO for 20 of its 26-year history, is indeed a formidable force when it comes to championing the cause of low-income housing. “She's not afraid to stand toe-to-toe with congressmen,” notes Shekar Narasimhan, managing partner for Beekman Advisors, a Virginia consulting firm. “With its size and breadth of its product, Mercy is one of the nation's most influential organizations focusing on affordable housing.” Read more

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Family Values Family Values

One of the company's principals reads to children in an after-school program. The human resources manager spearheads programs for single mothers. A property manager helps a laid-off resident find a new job. Read more

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Fierce Fighter Fierce Fighter

Her voice suggests a perky 15-year-old, and she stands barely five feet tall. But those who have seen Debra Cafaro in action know that she is anything but a pushover. Read more

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