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/.
PRG Real Estate Acquires 200-Unit Community Near Charleston
PRG Real Estate has acquired Churchill Commons, a 200-unit garden-style apartment community situated on 10 acres of a serene park like setting in Summerville, S.C.
Economy Watch: Lenders Ease Their Standards (a Bit) in 2Q
According to the Federal Reserve, reporting in its July 2013 Senior Loan Officer Opinion Survey on Bank Lending Practices, domestic banks claim (on balance) to have eased their lending standards, and have experienced stronger demand for loans over the past three months.
Brandywine Homes to Break Ground on Calif. Community
Brandywine Homes recently closed escrow on a multifamily community in Buena Park, Calif.
Sacramento Nonprofits Obtain Funds for Multifamily Green Upgrades
The Sacramento County Board of Supervisors has approved $5.8 million, and the Sacramento City Council approved $500,000, for the rehabilitation of three multifamily properties in the city: Greenway, Glen Ellen and Los Robles Mutual Housing.
‘Economy Watch’ Podcast with Dees Stribling: A Moderately Good Week
A moderately good week—or should that be modestly good week?—for the U.S. economy.
New Boston Fund Names Dan McGrath Assistant VP
Boston—New Boston Fund, Inc., a private equity real estate investment, development and management firm, announced the promotion of Dan McGrath to assistant vice president, where he will work alongside the Northeast development team and the national asset management team. McGrath was recently integrated into New Boston Fund’s development team for One Greenway, a planned 362-unit mixed-income development bordering Boston’s Chinatown neighborhood and the Rose Kennedy Greenway. The project will include 312 apartment units in a 21-story tower, along with ground floor retail and community space, a 1/3 acre of publically accessible open space and 50 affordable condominiums. As part of this…
Economy Watch: Employment Improving, But Growth Still Tepid
The monthly unemployment numbers for July were relatively weak—up 176,000 jobs—and it turns out that the previous months weren’t quite as strong as first reported, according to revisions released by the Bureau of Labor Statistics.
Bank of America Merrill Lynch Lending Up Sharply
Bank of America Merrill Lynch provided more than $1.6 billion in community development lending and investing in the first six months of 2013. The result will be the creation of more than 6,500 affordable housing units.
The Grant Given its Grand Opening in Chicago’s South Loop
The Grant, the redesigned, repositioned Chicago condominium from Related Midwest, recently celebrated its grand opening.
CriterionBrock Partners with MAB Flooring to Expand Their Growth Initiative
CriterionBrock, one of the nation’s largest multifamily housing flooring providers, has purchased the assets of MAB Flooring in Houston, TX. MAB has provided exceptional service to the Houston apartment market for over 15 years.