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/.
Downtown Denver Condo Tower Selling Again
Condos are in demand again, if the rate of sales at SPIRE, a for-sale multifamily high rise in Denver, is any indication.
‘Economy Watch’ Podcast with Dees Stribling: New Home Prices Continue to Rise
New home prices continue to rise, and values are still edging up too in almost every US market.
CIM Group Acquires L.A. Community
CIM Group announced that it has acquired a recently renovated 168 high-rise community in the Koreatown neighborhood of Los Angeles.
Economy Watch: Home Prices Rise Everywhere
U.S. residential prices continued their upward climb in May, according to the latest S&P/Case-Shiller Home Price Indices.
Construction Begins on Houston’s Alta Westheimer
Ground has been broken on Alta Westheimer, a 133-unit luxury apartment community in west Houston.
MHN Interview: Financing Supportive Housing for Veterans
KayBank recently provided $5 million in Low Income Housing Credit to finance a supportive housing development for veterans called Cadence Square in Canandaigua, N.Y. MHN speaks to Kevin Nowak, national equity investment manager for Key Community Development Corp., a part of KayBank, about this transaction, as well as the importance of enhanced-use leases.
San Diego Solar-Powered Apartments Lease Up Quickly
Solterra EcoLuxury Apartments, which has been open for 10 weeks, reports full occupancy. The 114-unit property is distinctive for being the first apartment community in San Diego County that’s fully photovoltaic.
Q2 Commercial/Multifamily Originations Up 7 Percent from Last Year; 36 Percent from Q1
Commercial and multifamily mortgage origination volumes during the second quarter of 2013 were 7 percent higher than during the second quarter of 2012 and 36 percent higher than during the first quarter of 2013, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
DeMatteis and Mattone Find Success with Luxury Apartments in NYC
Co-developers the DeMatteis Organizations and the Mattone Group have sold over 80 percent of its Upper East Side luxury high-rise community Azure, with fewer than 17 residences remaining—all Tower Residences, which are the high-floor homes with sweeping NYC views.