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: Close But No Cigar
As of Monday night, the debt-ceiling standoff was reportedly close to resolution—at least if word from the various top Senators involved could be taken at face value—but no resolution had been achieved.
WinnResidential and WHA Team on $16.8M Renovation of Morris Heights Affordable Housing
WinnResidential, in partnership with the Workforce Housing Advisors and Community Preservation Corporation, has completed a $16.8 million renovation of 1520 Sedgwick Ave., in the Bronx’s Morris Heights neighborhood.
Laramar Group Names Devon Bergman Senior Project Manager for Midwest Region
The Laramar Group, a national real estate investment and management company, announced the hiring of Devon Bergman as senior project manager for the Midwest region. She will be based in the company’s Chicago office.
Global One Real Estate Fund Acquires Promenade Apartments
Robert Nelson’s Global One Real Estate Fund, in conjunction with the NYAH Preservation Fund II, a joint venture between Citi Community Capital and L+M Development Partners, has acquired Promenade Apartments, a 318-unit, 32-story apartment community overlooking Manhattan’s Harlem River.
Economy Watch: No Debt-Ceiling Debt Yet
A debt-ceiling and shutdown deal seemed possible on Friday, but things seemed to go retrograde over the weekend.
JV Begins Work on San Diego Apartments
A joint venture between Behringer Harvard Multifamily REIT I Inc and KNR Mission Gorge LLC has started construction on Mission Gorge, which is the tentative name for a multifamily property in the East Mission Valley submarket of San Diego.
Fifield and Carroll Properties Break Ground on Evanston’s First Post-Downturn High-Rise Rental
E2, a 356-unit luxury apartment project in the downtown district of Evanston, Ill., is now under construction.
Economy Watch: Debt-Ceiling Deal Possible
No agreement about the looming debt ceiling or the shutdown of the federal government had been reached—but that didn’t stop reports of a possible short-term agreement on the most pressing of those two fiscal situations, namely the debt ceiling.
Central Station Apartments in Evanston Completed
Central Station, an apartment property in the northern Chicago suburb of Evanston, has been completed, and residents are starting to move in.
WinnCompanies Welcomes New SVP & CFO
WinnCompanies, a real estate development and property management company, announced that Bryan Hunt has been hired as chief financial officer for WinnResidential, the property management arm of WinnCompanies, and Alessandra de Vaca has been hired as senior vice president of human resources and training.