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/.
Economy Watch: Housing Prices Spike in Most Markets
All three S&P/Case-Shiller Home Price composites indices, which were published by S&P Dow Jones Indices, showed double-digit annual increases for the three months ending in March.
Maplewood Readies Connecticut Site for Seniors Development
Maplewood Senior Living has closed on a six-acre development site in Bethel, Conn., for an assisted living and memory care facility.
Campus Advantage Names New Senior Vice President of Investments
Campus Advantage, a leading student housing company, has made Michael Orsak a shareholder and promoted him to senior vice president of investments where he will manage the company’s portfolio of real estate and corporate investments, provide guidance on new investment opportunities and reach out to potential new business partners and investors.
Beech Street Capital Provides $49.5M in Acquisition Financing
Beech Street Capital LLC announced that it has closed on a $49.5 million Freddie Mac CME loan to acquire a 409-unit multifamily community in Woodbridge, Va. Beech Street Capital, as part of its relationship with Meridian Capital Group LLC, financed the transaction.
BDO Study Shows Uptick in REIT Conversion
The 2013 BDO RiskFactor Report for REITs, a new survey by BDO USA, finds that a surge in companies filing for REIT status may be leading to an increase in scrutiny over which companies should qualify.
‘Economy Watch’ Podcast with Dees Stribling: A Good Month for Housing
It was a good month for housing, and the Fed chairman warns against austerity.
Rent Recovery Solutions Offers New Collections Service to the Multi-Family Property Industry
Rent Recovery Solutions LLC (RRS), a specialized collections agency focused solely on the needs of the multifamily property industry, announced that it is fully integrated with Yardi Systems Voyager Software.
Economy Watch: Memorial Day Weekend Travel Edges Down
Ahead of the holiday weekend, AAA estimated that 34.8 million Americans would travel more than 50 miles from home during the period from May 23 to May 27.
South Orange Mixed-Use Property Under Way
Ground has been broken for The Gateway, a mixed-use property in South Orange, N.J. The development will include 57 one- and two-bedroom apartment units, as well as about 9,100 square feet of high-end retail space.
Shea Apartment Communities Announce New Calif. Community Already 25 Percent Occupied
Shea Apartment Communities announced that The Artisan Apartments at East Village in Oxnard, Calif., which opened their leasing center three months ago, is already 25 percent occupied and 32 percent leased.