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/.
For Renters, Is Sharing Caring?
What do residents think of services such as Uber and Airbnb at communities? MHN and Kingsley Associates partner to find out.
Work Begins on KY Apartments
Continental Properties has started development on Springs at Hamburg, a 312-unit community in Lexington. The developer expects to complete construction in the summer of 2019.
Carroll Org. Sells Memphis Community
The company bought the 1,037-unit ARIUM Shelby Farms in July 2014 as a part of Carroll Multifamily Real Estate Fund III LP.
LMC’s San Diego Community Poised to Open
The 368-unit Shift includes 19,000 square feet of ground-floor retail and features amenities such as co-working space, an art-walk courtyard and EV charging stations.
HFF Arranges NJ Sale
Friedkin Realty Group purchased The Highlands at Cherry Hill Apartments. The 170-unit luxury multifamily property is 16 years old and 97 percent leased.
CA Quartet Scores $146M Financing
Watermarke Properties’ communities, totaling 930 units, are located in Orange County, Corona and Fair Oaks. HFF secured four separate 10-year, fixed-rate securitized loans with Freddie Mac’s CME Program.
CGI Strategies Acquires FL Asset
The company snagged the property, located in Kissimmee, for $25.8 million. Cane Island, which includes 166 units, was 98 percent leased at the time of the sale.
AMAC Lands Manhattan Property for $59M
The company plans to make upgrades to the mixed-use community, which includes 83 units and seven retail spaces.
IEC Buys CA Workforce Housing for $134M
Surf at 39, a 400-unit property in Huntington Beach, was built in 1972 and includes two swimming pools with spas, a business center and a dog park.
Passco Acquires 240-Unit AL Community
ARIUM HomePlace, a 240-unit luxury property in the Prattville submarket, will be rebranded as The Meadows at HomePlace, reflecting its location in the master-planned Homeplace community.