One Berkeley Resident s Fight to Desegregate the City
Dorothy Walker has spent decades working to eliminate housing discrimination. In February, the city council finally agreed. April 1, 2021, 9am PDT | Diana Ionescu |
Nathanael Johnson profiles Dorothy Walker, a Berkeley resident who, decades ago, undertook a fight against racist real estate covenants. As a white woman married to a Japanese-American, Walker witnessed the effects of internment and race-based policies in mid-century America, policies which reverberate to this day.
Despite federal efforts to eliminate housing segregation in the early 20th century, writes Johnson, cities found new ways to replace explicitly racist covenants with ordinances that entrenched segregation by income and wealth instead, reserving certain parts of town for people who could afford their own house and a roomy yard. Walker has proposed eliminating single-family zoning for decades, but her proposals have always fallen on deaf ears. I wa
Peloton Completes Precor Acquisition
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NEW YORK, NY - Coming off a very strong year of expanding the company’s affordable housing finance platform, M&T Realty Capital Corporation (MTRCC) has announced the appointment of Sean Cullen as a Managing Director. He will be responsible for originating affordable housing and multifamily loans across the United States and will be based in New York City.
Cullen has more than 30 years of experience in multifamily and affordable housing finance. He comes to MTRCC from Lument, formerly Red Capital Group, where he was employed for the past two years as a Managing Director of Affordable Housing Originations and charged with establishing a New York City presence for the brand. Prior to this, Cullen held analytical, bond underwriting and production roles at several financial institutions, including Moody’s, RBC Capital Markets, and Barings Multifamily Capital amongst others.
Southern Land Company, a national real estate developer of mixed-use developments and master-planned communities, and financial partner GTIS Partners have completed a sale of the multifamily and retail components of Rêve Boulder, a mixed-use community located in a Qualified Opportunity Zone (QOZ) at 30th & Pearl Streets in Boulder, Colo. Virtú Investments, a multifamily real estate investment firm primarily engaged in the management of apartment properties in the western U.S., purchased the development's 242 multifamily housing units and 17,500 square feet of retail space from Southern Land Company and GTIS Partners for $151.25 million. The sale closed Thursday, February 25, 2021.
is the founder of
365 Connect, an award-winning technology firm within the multifamily housing industry. An acclaimed speaker, author, and award-winning podcaster, Kerry has been a guest lecturer, presenter, and panelist at numerous universities, conferences, and events. He has been featured on the
BBC Digital Planet program,
NPR News, and various media outlets. Kerry has contributed to an array of articles and studies on real estate and technology, presented in over 135 webcast reaching over one-million listeners from around the world, and is often quoted as an expert in technology.
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