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/.
RFR Announces New Units at New York Luxury Condominium
RFR Holdings LLC announced that is it has released additional residences for sale at its condominium 530 Park Avenue in New York. The new units include a 5,500-square-foot, five-bedroom condo and a full-floor townhouse with more than 11,000 square feet.
JV Breaks Ground on Mass. Mixed-Use Development
A groundbreaking ceremony was recently held for Merchants Row, a mixed-use development in the Quincy Center in Quincy, Mass. The project was made possible in part by $55 million in equity financing secured by LaSalle Investment Management.
New-Home Sales Rise 2.1 Percent in May
Sales of newly built, single-family homes rose for a third consecutive month in May, posting a 2.1 percent gain to a seasonally adjusted annual rate of 476,000 units, according to data released by HUD and the U.S. Census Bureau.
Hendricks-Berkadia Taps Houston Apartment Veterans to Launch New Office
Hendricks-Berkadia, the investment sales business unit of Berkadia Commercial Mortgage LLC (Berkadia), announced the hiring of Chip Nash and Greg Austin as partners with the firm.
McCann Realty Hires Texas-Based Vice President of Acquisitions
B. Todd Marney has joined McCann Realty Partners (“MRP”) as vice president of acquisitions.
Economy Watch: Chicago Fed National Activity Index Sees Uptick
The Chicago Fed reported that its National Activity Index (CFNAI) increased to –0.30 in May from –0.52 in April, noting that production- and employment-related indicators drove the uptick.
‘Economy Watch’ Podcast with Dees Stribling: Ben Bernanke Spooks the Markets
Ben Bernanke spooks the markets, but the housing recovery is still chugging along.
Work Begins on Multifamily Redevelopment in East Dallas
Prescott Realty Group, in conjunction with the city of Dallas, has restarted two projects located near Lake Highlands Town Center in East Dallas that were delayed by the late 2000s downturn in the local real estate market.
Carroll Organization Acquires Second Community in Jacksonville, Fla.
Carroll Organization and investment partner NorthStar Realty Finance Corp. have acquired multifamily community Paddock Club in Jacksonville, Fla., their second major acquisition in the area within the past two months.
Behringer Harvard REIT I Inc. Announces New Name
Behringer Harvard REIT I Inc., a Dallas-based real estate investment trust, has announced a new name—TIER REIT Inc.