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/.
Boston Capital Real Estate Partners Acquires 194-Unit MF in Alpharetta, Ga.
Boston Capital Real Estate Partners LLC has acquired Lakes at Windward, a 294-unit, Class B garden-style multifamily community located in Alpharetta, Ga.
‘Economy Watch’ Podcast with Dees Stribling: Mixed Housing Numbers
Mixed housing numbers for the week, but at least inflation’s nugatory.
Economy Watch: Pending Home Sales Edge Up in September
The National Association of Realtor’s Pending Home Sales Index, which is a forward-looking economic indicator based on contract signings (but not closings), inched upward to 105.0 in September from 104.7 in August, and is now 1 point higher than in September 2013, when it was 104.0.
Cypress Development to Open Sales at Scottsdale Condo Development
Cypress Development Group is on the verge of launching sales for the Sterling Collection at Silverleaf, a condo development in Scottsdale. The property is composed of five four-story buildings that include automated parking and private elevators that open directly into each unit.
Virtus Real Estate Capital and Aspen Heights Announce Joint Venture on New Student Housing
Virtus Real Estate Capital, a real estate private equity firm, and Aspen Heights, a student housing development and management company, have partnered to develop a 684-bed cottage-style student housing community, located close to the University of Oklahoma.
Leasing Officially Launches at NYC’s Prism at Park Ave. South
Leasing is underway at Prism at Park Avenue South, the new rental property from Equity Residential. Prism is the rental portion of the 40-story, architecturally significant hybrid rental-condominium tower designed by architect Christian de Portzamparc, winner of the acclaimed architectural Pritzker Prize in 1994, and renowned for bold and modern designs.
FS Energy Named Finalist in RISE : NYC Competition
FS Energy, the energy management and advisory subsidiary of leading property management firm FirstService Residential, has been named a finalist in the RISE : NYC competition, which recognizes innovative projects and technologies that will bolster the city’s buildings and infrastructure against future storms.
Economy Watch: New Home Sales Edge Up in September
The Census Bureau reported that the sale of new single-family houses nationwide came in at an annualized rate of 467,000 units in September, up 0.2 percent from August. The year-over-year increase is healthier, however, up 17 percent since September 2013.
Enterprise Makes $6M Tax Credit Investment to Preserve Philly Affordable Properties
Enterprise Community Investment has made a $6 million Low Income Housing Tax Credit deal to acquire, rehabilitate and preserve 92 affordable apartment units within four developments across scattered sites in Philadelphia.
Major Multifamily Portfolio in Dublin Brought to Market for $147M
A private investor and Ireland’s National Asset Management Agency have appointed international real estate advisor Savills and DTZ Sherry FitzGerald to sell 588 apartments across seven residential developments in Dublin.