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/.
Rutherford Investments’ Multifamily/Mobile Home Portfolio Obtains $174M in Financing
Rutherford Investments has obtained $174 million in financing for a multifamily and mobile home park portfolio that the company owns in California.
Senior Lifestyle Developing Retirement Community in Northbrook, Ill.
Senior Lifestyle is developing North Shore Place, a five-story retirement building in Northbrook, Ill., that is set to open in summer of 2014.
VennCap Real Estate Selects Yardi Voyager for Real Estate Asset and Property Management in Australia
Yardi®, a developer of software solutions for the real estate investment, asset and property management industry, announced today that VennCap Real Estate Pty Ltd (VennCap) has selected Yardi Voyager® for their real estate asset and property management operations.
Economy Watch: Serious Mortgage Delinquencies Continue to Drop
Fannie Mae reported that the single-family serious delinquency rate for mortgages and it owns or insures declined in July to 2.7 percent from 2.77 percent in June.
Epoch Plans Expansion of Austin Apartments
Epoch Properties has unveiled plans for the second phase of Monterra, an apartment community in Austin, Texas. It will include 11 three-story garden apartment buildings and five two-story carriage apartment buildings, with a total of 256 units.
LDG Development Breaks Ground on $21M Affordable Austin Community
LDG Development announced the ground breaking of a new 228-unit affordable community in Austin, Texas.
Grosvenor Americas Acquires Carlmont Woods Apartments
Carlmont Woods Apartments, an 11.5-acre, 195-unit garden apartment community in the upscale San Francisco suburb of Belmont, Calif., has been acquired by Grosvenor Americas of San Francisco, which plans to renovate unit interiors and common-area amenities to modern standards.
Economy Watch: Negative Equity Continues to Drop
Zillow said that it estimates that the national negative equity rate fell to 23.8 percent of all homeowners with a mortgage during the second quarter, down from 25.4 percent in the first quarter.
Leighton Properties Announces Landmark Office Project in North Sydney
Leighton Properties has announced plans to develop North Sydney’s first new commercial building in six years.
Saadiyat Island Gets New Luxury Hospitality Development Project after Completion of Land Deal
Saadiyat Island, one of the most ambitious development projects in the entire Middle East has taken another step forward after Tourism Development & Investment Company recently sold a large plot of land to a developer, for a new hospitality project.