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/.
DeBartolo Opens Phase I of $40M Luxury Community
DeBartolo Development LLC recently announced the opening of The Retreat at Windermere, a multifamily community in Windermere, Fla., that is the first phase of vertical construction for Summerport Village, a 196-acre mixed-use development.
Greystar Completes Renovation at Silver Spring’s Warwick Apartments
Construction and renovations are complete at The Warwick Apartments, a 396-unit landmark apartment community in Silver Spring, Md. Greystar invested $11 million in the 18-month-long construction project.
Economy Watch: Interest Rates Cool a Bit
Mortgage interest rates spiked unexpectedly a few weeks ago and have been easing off since.
Work Under Way on Uptown Dallas High-Rise
Multifamily specialist JLB Partners, along with Compatriot Capital, a real estate subsidiary of Sammons Enterprises, has started work on a 299-unit high-rise apartment development in the Uptown neighborhood of Dallas.
Lennar and Resmark to Develop 196-Unit Mixed Use Community
Lennar Apartment Communities and Resmark Apartment Living announced that they would develop a 196-unit mixed-use multifamily community in Redwood City, Calif.
Hyatt Plans to Partner with Playa Hotels & Resorts to Add All-Inclusive Resorts to Portfolio
Hyatt Hotels Corporation recently announced that a wholly owned Hyatt subsidiary intends to form a partnership agreement with Playa Hotels & Resorts B.V. and enter the all-inclusive resort segment.
Cerberus Acquires Two Retail Property Portfolios in Germany
Affiliates of Cerberus Capital Management LP have entered into definitive agreements to purchase two German retail property portfolios out of receivership.
Ingerman Developing Second Phase of Luxury Apartments in Collingswood, N.J.
Ingerman commenced construction on phase two of The Collings at The LumberYard, the only transit-oriented, luxury apartment community in Collingswood, N.J.
Alied Orion Group Names Mitch Maples As Chief Financial Officer
Allied Orion Group LLC has named Mitch Maples as its new chief financial officer. Maples will be responsible for overseeing all financial/accounting operations for both the corporate property management and development office.
Economy Watch: New Home Sales Rise in June
The Census Bureau reported on Wednesday that new home sales in June were at an annualized rate 497,000 units, representing an 8.3 percent increase from May, when sales were an annualized 459,000 units.