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/.
Abu Dhabi’s Nation Towers Welcomes Hotel with World’s Highest Suspended Suite
Starwood Hotels & Resorts Inc., a member of St. Regis Hotels & Resorts, announced the opening of the 283-key St. Regis Abu Dhabi, following the location’s mid-August debut.
Economy Watch: New Home Sales Up in August
The Census Bureau and HUD reported that sales of new single-family houses in August 2013 were at an annualized rate of 421,000 units. That’s 7.9 percent higher than the revised July rate of 390,000 units and is 12.6 percent above the August 2012 total.
CPC Oversees $10M Construction Loan for Affordable Community
Westchester County real estate developer Ken Kearney and Rehabilitation Support Services Inc. have obtained a $10.5 million construction loan to build Highridge Gardens, a multifamily development in Poughkeepsie.
MHN Interview: Jeff Elowe of The Laramar Group
The Laramar Group announced a major acquisition in Southern California earlier this month. CEO Jeff Elowe, who was recently named Entrepreneur of the Year by Ernst & Young for the Mountain Desert Region, took the time to speak with MHN about the company’s strategy and give us his take on the multifamily industry now.
Riverstone Residential Group Names Peggy Bertsch Chief Accounting Officer
Riverstone Residential Group, a privatelyowned, third-party multifamily property management company, announced the appointment of Peggy Bertsch as chief accounting officer.
The Solomon Organization Acquires Harrisburg Multifamily Property
An affiliate of the Solomon Organization has acquired Ivy Ridge Apartments and Townhomes, a 218-unit rental community in Swatara Tonwship, Pa.
Economy Watch: Case-Shiller Shows Continuing Home Price Rises
S&P Dow Jones Indices released the latest S&P/Case-Shiller Home Price Indices, which track U.S. home prices through the end of July (not August), and they showed continued increases.
‘Economy Watch’ Podcast with Dees Stribling: Fed Says No Tapering
The Fed says no tapering for now.
Greysteel Tapped to Broker Va. Apartments
The owner of Briarwood Apartments in Dumfries, Va., has tapped the investment brokerage Greysteel to take the property to market. The 70-unit, five-building apartment community, which is near I-95, comes with a 6.2-acre parcel that’s been approved for an additional 73 units.
Stinson Morrison Hecker and Leonard, Street and Deinard Announce Merger
Stinson Morrison Hecker and Leonard, Street and Deinard, two of the leading full-service law firms in the Midwest, today announced that they will merge to become one of the largest law firms in the U.S.