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: Home Price Rises Stall, Foreclosures Slow
Black Knight Financial Services released its latest Home Price Index report, which is based on January 2014 residential real estate transactions. There was no increase nor decrease month over month. Since last year, the index increased 8 percent, a slight drop in the rate from recent months.
Hoffman-Madison Waterfront Kicks Off Massive Mixed-Use Project in D.C.
Work has started on phase 1 of the Wharf on Washington in the district’s southwest waterfront. It is the beginning of a massive mixed-use project roughly a decade in the making.
Auction.com Closes $147 Million in CRE Assets
Auction.com, an online real estate marketplace, facilitated the closing of 38 commercial assets during the month of February. The assets had a combined total sales price of more than $147 million.
Market Snapshot: New Jobs and Rental Stock Do Little to Shake Up Stabilizing L.A. Apartment Market
As we embark on 2014, it seems that the “status quo” of Los Angeles’ apartment market that we’ve seen over the past couple of years will continue.
Mercy Loan Fund Provides Cesar Chavez Foundation $9.9 Million Loan
Cesar Chavez Foundation has acquired The Park at Cliff Creek in Dallas, thanks to a $9.9 million loan from Mercy Loan Fund, in partnership with the Low Income Investment Fund.
Economy Watch: Fitch Affirms Stable Outlook for U.S. Debt
The rating agency Fitch affirmed various kinds of U.S. public debt at a rating of AAA, with a stable outlook.
North Dakota Multifamily Project Wins Award from the State
Wolf Run Village in Watford City has received the Champions of Affordable Housing Award from the North Dakota Housing Finance Agency.
L+M Development Partners’ The Adeline Condominium Debuts in Harlem
The Adeline, the newest Manhattan condominium development from L+M Development Partners Inc., is 65 percent sold after only two months of sales.
Economy Watch: Home Sales Edge Down in February
Existing home sales dropped by 0.4 percent month-over-month in February, according to the National Association of Realtors.
Crescent Communities to Proceed With Apartments in Its Mixed-Use Development
Crescent Communities has unveiled plans for the 249-unit Crescent Gateway, an apartment property on land the company has owned for more than a decade.