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/.
Hines Seals Land Deal to Develop 54-story Mixed-Use Project in Shanghai
Hines recently announced it has won the bid for a site in Shanghai’s Jing An business district.
Manulife Launches New SOM-Designed Office Project in Downtown Calgary
Manulife Real Estate has announced the development of 707 Fifth Street, an elliptical 27-story office tower slated to rise in the heart of downtown Calgary.
Brookfield Multiplex Nabs Green Multifamily Contract in Melbourne
Leading global contractor Brookfield Multiplex has taken yet another bite out of the Australian real estate development market, snagging the construction contract for Far East Consortium’s Upper West Side mixed-use project’s third phase.
Economy Watch: Economy Creates Mediocre 162k Jobs
The U.S. Bureau of Labor Statistics reported that the economy created 162,000 jobs.
Economy Watch: 2Q GDP Surprises on the Upside
By Dees Stribling, Contributing Editor In recent weeks, prognosticators have been predicting that U.S. real gross domestic product would barely increase at all in the second quarter. On Wednesday, the Bureau of Economic Analysis released its first, or “advance,” estimate of real GDP for 2Q13: an annualized increase of 1.7 percent. Though not especially robust, growth was better than expected. In the first quarter, real GDP increased by only 1.1 percent, annualized. The increase in real GDP in the second quarter reflected positive contributions from personal consumption expenditures (people out buying stuff), exports (foreigners buying our stuff), nonresidential fixed investment…
$10M Loan Closed for Affordable Housing in Mass.
MassHousing has closed on $10.1 million in loans for the renovation and preservation of affordability at the 108-unit Kings Landing in Brewster.
Institutional Buyer Pays $99M for Stamford Apartments
Clarion Partners has acquired Infinity Harbor Point, a 242-unit apartment high rise in Stamford, for $98.8 million.
Pacific Northwest: Ahead of the Curve
The Seattle and Portland metros continue to enjoy record multifamily revenue growth.