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: 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.
Tryko Expands Presence in Virginia With Acquisition of Peninsula Grove
Tryko Partners has acquired the 580-unit Peninsula Grove at Town Center apartment community in Hampton, Va., from Intercontinental Real Estate Corp. The participants in the deal didn’t disclose the price.
MARKET SNAPSHOT: Charlotte Apartment Market on the Rise: Sales, Rents and Vacancies to Climb in 2014
The outlook for the Charlotte apartment market is set to remain positive and dynamic despite an expected decline in occupancy rates and concerns regarding payroll cuts in the finance sector, concludes Marcus & Millichap’s latest report.
MHN Interview: Michael Preston, Regional Director, National Church Residences
With more than 20 years of experience in social work, Michael Preston is a good judge of what kind of social support program actually makes a difference for disabled homeless and veterans. In his role as regional director of permanent supportive housing for Columbus, Ohio-based National Church Residences—the nation’s largest non-profit specializing in affordable senior housing—he’s involved in a fast-growing collaborative effort to help house those in need.
How to Get Positive Reviews on Apartment Rating Sites
MHN talks to Bruce Keene, president of management services of Tampa, Fla.-based Franklin Street, about some trends he is seeing in property management, such as how to get positive reviews on ratings sites.
Innocence Island, Largest Privately Held Island in the Bahamas, Up for Auction
The largest privately owned island in the Bahamas will soon be up for grabs as Concierge Auctions recently announced that the property will be on the block this May.
W. P. Carey Finances Construction of Wartsila’s R&D and Training Complex in the Netherlands
W. P. Carey Inc. has announced an $18.7 million build-to-suit financing transaction on behalf of one of its non-traded REIT affiliates, CPA®:17 – Global (or Corporate Property Associates 17 – Global Incorporated).
Strategic Properties Group and ALTA Developers Team on Condo in Miami’s Brickell Financial District
A joint venture between South Florida-based Strategic Properties Group and ALTA Developers is developing Le Parc at Brickell, a 12-story boutique-style luxury condominium in Miami.
IREM and CCIM Honor Rep. Steve Stivers (R-OH) as ‘Legislator of the Year’
The Institute of Real Estate Management (IREM®) and the CCIM Institute have jointly honored U.S. Congressman Steve Stivers (R-OH) with their 2014 “Legislator of the Year” award.
Economy Watch: Fed Doesn’t Want to Raise Rates
According to the minutes of the most recent Federal Open Market Committee meeting the committee said (in central-bank language) that 6.5 percent U.S. unemployment was no magic number.