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/.
RentPaidOnline™ Receives Yardi Voyager Qualification
RentPaidOnline (RPO) announced it has completed the “Yardi Voyager Qualification” process.
Extended-Stay Property Slated For Lake Charles, La.
Ground has been broken on a new Value Place extended-stay property in Lake Charles, La.
Economy Watch: Federal Deficit Shrinks
The Congressional Budget Office reported in its “Updated Budget Projections: Fiscal Years 2013 to 2023” that the federal budget deficit will shrink in fiscal 2013 to $642 billion, the smallest shortfall since 2008.
Jonathan D. Killough Joins Centerline Capital Group as Senior Vice President
Centerline Capital Group announced that Jon Killough has joined the firm as senior vice president in the Affordable Housing Debt division.
Harbor Group International Sells Multifamily Community for $34.4M
Harbor Group International LLC announced that affiliates of their company have sold a 696-unit community in Texas for $34.4 million to an affiliate of RB Associates.
Resmark Acquires Full Interest in Santa Clarita MF Property
Resmark Apartment Living, a division of the Resmark Cos., has acquired the interests of its former joint-venture partner Archstone in a new 157-unit multifamily community in Santa Clarita, Calif.
DelShah Capital LLC forms DelShah Lending
DelShah Capital LLC, a full-service real estate debt acquisition, development and management company, has formed DelShah Lending to originate short- and long-term hard money, bridge and mezzanine loans in New York City.
New York City Department of Parks & Recreation Selects Yardi Voyager
Yardi announced that the New York City Department of Parks & Recreation will adopt Yardi Voyager(TM) for Government as its property management and accounting platform, continuing a business relationship with Yardi that dates back to 1995.
Two Affordable Housing Projects Developed in L.A.
Thomas Safran and Associates has developed Del Rey Square Senior Apartments, a 124-unit community in the upscale neighborhood on the Westside of Los Angeles, while AMCAL Multi-Housing has developed Portola Terrace, a 45-unit affordable community for families and young professionals in historic Temecula in Riverside County.
Economy Watch: Retail Sales Edge Up
The Census Bureau reported that U.S. retail sales were up 0.1 percent month-over-month in April, adjusting for seasonal variations and holidays, but not price changes.