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/.

Wolff Begins Mixed-Use Property in Downtown LA

Work has started on 12th & Olive, a mixed-use development in the southern section of downtown Los Angeles (also called the South Park neighborhood).

The Positive Influence of Hospitality Design on Upscale Senior Living

The time is right to create a retirement community with an environment and ambience to match the level of sophistication, exclusivity and luxury found in world-class hotels.

JPMorgan Chase & Co. Announces $100 Million Commitment to Support Detroit’s Economic Recovery

JPMorgan Chase & Co. unveiled a $100 million, five-year commitment to support and accelerate Detroit’s economic recovery and strengthen its communities.

Downtown Miami to Welcome New Melo Group High-Rise Property

Melo Group, a Miami-based real estate developer, has announced plans to build Melody Tower, a 36-story residential property in the heart of Miami’s arts and entertainment district.

NWP Regulatory Update: Ohio & Connecticut

The Ohio Legislature has two more weeks of regular sessions before they close up shop for the year. It is possible that the legislature may reconvene for a Special Session in June, if necessary. Additionally, the Connecticut Public Utilities Regulatory Authority has requested comments to their Draft Electric Submetering Rules due on May 15, 2014.

Economy Watch: Existing Homes Sales Rise in April

The National Association of Realtors reported that total existing-home sales rose 1.3 percent in April to an annualized rate of 4.65 million units, compared with 4.59 million units in March.

Prism Puts Penthouse Units on Market

Prism Capital Partners, in its efforts to lease units at Parkway Lofts, its new redevelopment in Bloomfield, N.J., has unveiled the property’s one-bedroom penthouse apartments. The penthouses measure 814 square feet and include views of Manhattan or the Watchung Mountains.

Oberoi Realty Announces Partnership with The Ritz-Carlton for Iconic M-U Worli Development

The Ritz-Carlton Hotel Company recently signed a long-term management agreement with Oasis Realty, a joint venture between Oberoi Realty and Sahana Group, to open the first Ritz-Carlton in Mumbai, the entertainment, commercial and financial capital of India.

Two Chinese Residential Projects Get $60M Investment from Century Bridge Capital

Century Bridge Capital is investing approximately $60 million in two separate joint ventures dealing with residential projects taking shape in the Chinese cities of Zhongshan and Wuxi.

MIPIM Special Series—Part One: Shared Buildings and Spaces

The second issue of the Cahiers de la Chaire Immobilier et Développement Durable (The Real Estate and Sustainable Development Chair Notebook), released during MIPIM’s 25th anniversary convention, tends to debunk a number of stereotypes related to the practice of sharing urban property.