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/.
Obama Administration Expands Better Buildings Challenge to Multifamily Housing, Launches New Programs to Boost U.S. Energy Efficiency
Building on $2 billion in financing commitments from the private sector for energy efficiency updates to commercial buildings under the President’s Better Buildings Challenge, the U.S. Departments of Energy and Housing and Urban Development expanded the Challenge to multifamily housing and launched the Better Buildings Accelerators to support state- and local government-led efforts to cut energy waste and eliminate market and technical barriers to greater building efficiency.
Economy Watch: More Shop Over Thanksgiving Weekend, But Spent Less
The National Retail Federation reported that more than 141 million Americans did some kind of shopping over the Thanksgiving holiday (Thursday to Sunday), compared with 139 million over the same period last year.
Stonemont Financial Bringing Student Housing to SCAD Students
University Housing Services Inc. is developing The Hue, a loft-style, off-campus student housing community in the heart of historic Savannah, Ga., which will provide housing for 446 Savannah College of Art & Design students when it opens next September.
MHN Interview: William Brownback of Lord Aeck Sargent
Architecture firm Lord Aeck Sargent recently opened a Washington, D.C. office. MHN talks to William Brownback, director of the new Lord Aeck Sargent, about this new office and his plans to incorporate mixed-use architecture into Lord Aeck Sargent’s new designs.
Sigma Capital Forms $1.14B JV with Gatehouse Bank to Develop 6,600 Rental Homes in Britain
Property developer Sigma Capital Group has formed a 700 million pound ($1.14 billion) joint venture with Shariah-compliant Gatehouse Bank for the development of up to 6,600 new rental homes in Britain.
Al Futtaim Group Opens 1.72 MSF Cairo City Mall
Hollywood, Calif.-based 5+design has announced the opening of Cairo Festival City Mall, Egypt’s first-ever indoor-outdoor shopping center.
The Sterling Group Breaks Ground on North Carolina Apartment Community
Construction has started on The Enclave at Bailes Ridge, a $31.4 million luxury apartment community in Charlotte, N.C.
Economy Watch: GSE Delinquencies Continue to Drop
Fannie Mae reported that its single-family serious delinquency rate declined from 2.55 percent in September to 2.48 percent in October.
Brooklyn Heights Apartment Reports Rapid Leasing
In another example of the strong demand for new apartments in New York City, 184 Joralemon, which began leasing only this summer, is now more than half leased, according to Ideal Properties Group, with rents ranging from $4,260 to $5,600 per month.
Conor Commercial Real Estate and Ravine Park Partners Break Ground on Chicago Apartments
Construction is underway on Woodview Apartments, a new luxury apartment development in the northern Chicago suburb of Deerfield, Ill.