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/.
MHN Interview: The Metrics of Multifamily Investment
Magellan Development Group recently launched Magellan Investment Partners, which will invest, acquire and renovate multifamily communities nationally. MHN recently had the chance to sit down with Marc Swerdlow, principal and COO, and David Levin, principal and CIO, about the focus of Magellan Investment Partners and how they are going to differentiate the company.
Avanti Senior Living Developing $15M Assisted Living Community in Flower Mound, Texas
Avanti Senior Living will build Avanti at Flower Mound, a $15 million assisted living and memory care community in Flower Mound, Texas, commencing building in January with an expected occupancy of early spring 2016.
Economy Watch: CPI Barely Moves in September
Inflation is at a very low ebb in the United States these days. The Bureau of Labor Statistics reported on Wednesday that the Consumer Price Index for All Urban Consumers increased 0.1 percent in September compared with August.
Wood Partners Starts Construction on Midtown Atlanta Apartments
Work is under way on 33 Peachtree Place, a $100 million residential and retail property on West Peachtree St. in Midtown Atlanta.
CBRE’s Michael Homm Promoted to Senior Appraiser
Michael Homm of CBRE’s Valuation and Advisory Group (VAS) in Cincinnati was recently promoted to senior appraiser.
Powertree and Panasonic Bringing EV Charging to SF Apartment Buildings
Scores of electric vehicle charging stations are coming to multifamily properties in San Francisco in coming months, thanks to an initiative teaming Panasonic Enterprise Solutions Company and San Francisco-based Powertree Services Inc.
Economy Watch: Existing Home Sales See September Uptick
The National Association of Realtors reported on Tuesday that total U.S. existing-home sales, which are completed transactions that include single-family homes, townhomes, condos and co-ops, increased 2.4 percent in September to an annualized rate of 5.17 million units, compared with 5.05 million units in August.
Work Begins on Seniors Housing in Suburban Rochester
Ground has been broken on Long Pond Senior Housing, an affordable supportive seniors housing development in the town of Greece, a suburb of Rochester, N.Y. When the first phase is complete, the property will include 54 one- and two-bedroom units.
Economy Watch: GSEs to Ease Lending Standards
Though recovered from its worst days during the recession, it’s generally acknowledged that the U.S. housing market hasn’t recovered as much as it could have, especially compared with other post-recession periods.
AHP Grant Targeted for El Campo Apartment Renovations
National Church Residences was awarded a $259,000 Affordable Housing Program grant from Wells Fargo and the Federal Home Loan Bank of Dallas to renovate the Prairie Village Apartments, a 38-unit community serving low-income seniors in El Campo, Texas.