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/.
Prism Capital Partners Redevelops NJ Landmark Warehouse into Luxury Apartments
Prism Capital Partners has redeveloped a century-old landmark from a six-story warehouse into Parkway Lofts, 361 beautifully appointed loft-style apartments in Bloomfield, N.J.
Economy Watch: Leading Economic Indicators Spike in March
The Conference Board reported that its Leading Economic Index was up in March (and its Coincident and Lagging Indexes were up, too).
Pennrose Awarded ‘2014 Healthiest Employer’ Award for its Progressive, Employee Wellness Program
For the third year, Pennrose has been honored with a “Healthiest Employer” Award by the Philadelphia Business Journal.
LaSalle Group to Develop Two Memory Care Properties in Austin Area
The LaSalle Group, which specializes in memory-care seniors housing, has broken ground on two properties in the Austin, Texas, area.
CBRE Group Hired to Market Laketown Wharf
CBRE Group Inc. has been hired to market and sell the interests of ST Residential and its affiliates in Laketown Wharf, a Panama City Beach, Fla., Gulf-view resort property, with 399 units operating as apartments.
Economy Watch: State Unemployment Rates Mostly Down in March
According to the Bureau of Labor Statistics, during March 21 states had unemployment rate decreases, 17 states and the District of Columbia had increases, and 12 states had no change, compared with February.
Philip Watkins Joins Megalith Capital Management as Principal
Megalith Capital Management, a residential real estate owner and developer focused on investments in New York City and urban, supply-constrained markets, announced that Philip Watkins has joined as a principal.
7×7 Development Acquires Site for SF Condos
7×7 Development has acquired 388 Fulton St., one of the last remaining undeveloped parcels in San Francisco’s Hayes Valley neighborhood. Plans for the corner site two blocks west of City Hall call for a 69-unit condo building with retail on the ground floor.
MHN Interview: The Michaels Organization on Its New Affordable La. Communities
The Housing Authority of Shreveport, La., and The Michaels Org. recently opened an affordable community called Cypress Landing, and also broke ground on another affordable community called Renaissance at Allendale. MHN talks to The Michaels Org.’s lead developer on these projects, Milt Pratt, about why these apartments are important for the community.
Deco Communities Proceeding With Midtown Phoenix Condo Development
The locally based Deco Communities has acquired 2346 N. Central Ave. in Midtown Phoenix, which is currently occupied by a 23,000-square-foot office building. The company paid $2.35 million for the site, and plans to develop condos there.