Jessica Fiur is the editor-in-chief at Multi-Housing News and Commercial Property Executive and writes the award-winning blog What Renters Want.
Jessica has been with the company since 2011 and previously was with Weekly Reader and IQPC. Contact Jessica at jessica.fiur@cpe-mhn.com, on Twitter @jfiur or on LinkedIn https://www.linkedin.com/in/jessicafiur/.
Starwood Hotels Expands in Metro Manila with Westin-Branded Mixed-Use Project
A new hospitality complex is soon to emerge in Manila, the capital city of the Philippines.
Housing Close Enough to Walk to Class
A new, 632-bed student housing community with a pedestrian-to-campus orientation is under construction near the University of Nebraska in Lincoln.
Foxford Communities Completes Second Building at Clocktower Pointe
Work is under way on at Clocktower Pointe, a condo development in Countryside, a southwest suburb of Chicago, with two of its buildings now finished.
Economy Watch: Real Estate’s Part of the GDP
After releasing the 30,000-foot view of U.S. economic growth for each quarter, the Bureau of Economic Analysis releases a load of detail the next day, which in this case was Thursday. The underlying details include real estate data that breaks down total spending on most property types, as a percentage of GDP.
Related Acquired Massive Midwest Portfolio, Plans Rehab
The Related Companies’ Related Affordable and Related Midwest divisions have acquired more than 1,500 units in Chicago. The deal is part of a larger number of acquisitions in the Midwest that Related has completed recently, involving 17 properties in four states totaling 3,062 affordable housing units.
Aviva Investors Buys BBC Worldwide HQ for $103M
Aviva Investors has acquired the first phase of the Television Centre redevelopment, a 94,000-square-foot office building located in White City, London.
The Student Hotel Acquires Two Student Residence Properties in Barcelona from BBVA
JLL recently advised BBVA in the process of selling two student housing properties in the Catalan capital. The Spanish banking group sold the two properties, Melon District Marina and Melon District Poble-sec, to The Student Hotel, an entity that also owns properties in Amsterdam, Rotterdam, Liège and The Hague.
Perkins + Will Completes New Shanghai Natural History Museum
Global architecture firm Perkins + Will has finalized work on Shanghai’s new 479,180-square-foot Natural History Museum.
Bringing Resort Amenities to Condo Living
Vertical construction has begun on East Edgewater’s newest luxury condominium, Biscayne Beach, a 51-story, 399-unit waterfront tower located at 711 NE 29th St., along Biscayne Bay in Florida.
Economy Watch: U.S. Economy Turns in Weak First Quarter
As expected—since a number of economic indicators have been pointing that way—the U.S. economy didn’t grow much during the first quarter of 2015, according to the Bureau of Economic Analysis.