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/.
Deco Communities Developing $37M Luxury Condos in Scottsdale, Ariz.
Deco Communities has entered into a joint venture with Castlelake and Isles Ranch to develop Envy, a $37 million luxury residential tower to be built in the heart of the Old Town Scottsdale Entertainment District.
Economy Watch: Retail Sales See Healthy Uptick
The Census Bureau reported that retail and food services sales for March, adjusted for seasonal variation and holiday and trading-day differences—but not for price changes—came in at $433.9 billion, an increase of 1.1 percent from February.
USA Properties Fund Completes Rehab on LA Seniors Community
The renovation of Huntington Plaza Apartments, a 184-unit low-income seniors housing property in the Los Angeles suburb of Huntington Park, has been completed. The entire cost of the property’s acquisition and rehabilitation was $30.2 million.
Cypress Landing Affordable Apartments Reopen in Shreveport
Cypress Landing, formerly known as University Oaks I and II, has received a “grand reopening” in Shreveport, La.
Economy Watch: Consumers Feeling Better About Current Conditions, Outlook
The preliminary Reuters/University of Michigan consumer sentiment index for April came in at 82.6, according to the university, an increase from 80.0 at the end of March, and 79.9 in mid-March. The latest reading is the highest since last summer.
Leasing Starts at Naftali Group Apartments in Brooklyn
Leasing has started at the Bergen, an 84-unit apartment community at 316 Bergen Street in Boerum Hill neighborhood of Brooklyn.
Campus Advantage on Growth Spurt With Five Acquisitions This Year
Campus Advantage has acquired five additional student housing properties since the beginning of this year, helping solidify the Austin-based company’s already significant standing in the nation’s student-housing industry.
SyndicIT Announces Expanded Offerings with Hewlett-Packard’s Managed Print Services and HP FLOW CM Digital Document Management for Multifamily Real Estate Operations
SyndicIT Services today announced an expansion of its product offering for multifamily real estate owners, operators and fee managers.
Ellis Partners in Management Solutions and Grace Hill, Inc. Announce Strategic Partnership
Ellis Partners in Management Solutions (Ellis), a feedback company for the multifamily industry, and Grace Hill, Inc. (Grace Hill), a multifamily industry online education and learning management solutions company, announced a strategic partnership.
Economy Watch: Initial Unemployment Claims Lowest in Seven Years
For the week ending April 5, initial unemployment claims came in at 300,000, a sharp decrease of 32,000 from the previous week’s revised level, according to the U.S. Department of Labor.