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/.
Economy Watch: Case-Shiller Shows Smaller Home Price Rises
According to the latest S&P/Case-Shiller Home Price Indices, the 10-city and 20-city composite indexes were up 9.4 percent and 9.3 percent year-over-year respectively in May, down from 10.9 percent and 10.8 percent in April.
Economy Watch: Pending Home Sales Edge Down
The National Association of Realtors reported on Monday that its Pending Home Sales Index, a forward-looking indicator based on contracts inked but not closed, declined 1.1 percent to 102.7 in June from 103.8 in May, and is 7.3 percent below June 2013 (when it was 110.8).
South Jersey Apartment Community Sells for $26M
The 484-unit Chalet Gardens in the Philadelphia suburb of Pine Hill, N.J., has traded hands for $26 million.
Centerline Capital Group Officially Renamed Hunt Mortgage Group
Centerline Capital Group, a provider of real estate mortgage services for affordable and conventional multifamily housing, announced that it has been renamed Hunt Mortgage Group, completing the firm’s transition to Hunt Companies Inc.
Zillow Announces Acquisition of Trulia for $3.5 Billion in Stock
Zillow today announced that it has entered into a definitive agreement to acquire Trulia for $3.5 billion in a stock-for-stock transaction.
Pennrose Properties Opens Heritage at Alexander Hamilton in N.J.
A ribbon-cutting ceremony has officially unveiled Phase III of the long-awaited Heritage at Alexander Hamilton in Paterson, N.J. The new affordable housing lifestyle community was developed by Pennrose Properties, in partnership with the Housing Authority of the City of Paterson.
Economy Watch: Bank Failures Sluggish in ’14
Over the weekend, the FDIC closed its 14th failed bank of 2014, Greenchoice Bank in Chicago.
Michaels Organization Educational Foundation Awards $500K
The Michaels Organization Educational Foundation has announced its scholarship distributions for 2014. The foundation gives college scholarships each year to aspiring students who live in the properties owned or managed by the companies.
Insights on Instagram
Buckingham Companies’ team dove into Instagram as a major component of their marketing strategy for CityWay in downtown Indianapolis. MHN caught up with Marketing Manager Nicole Crosby to explore the method behind their success.
Carlson Rezidor Announces Five Portfolio Additions in Saudi Arabia
Carlson Rezidor Hotel Group is expanding its network in Saudi Arabia with the signing of five new projects.