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/.
Rafael Cestero, CEO of Community Preservation Corporation, Honored for Leadership in Affordable Housing
As part of a Cornell University summer field study, Rafael Cestero spent a semester at the Enterprise Foundation in New York City (now Enterprise Community Partners).
VA, HUD and Jon Bon Jovi Announce “Project Reach” Grand Prize Winner
The Department of Veterans Affairs (VA) has announced the winner of a mobile application competition designed to make local assistance resources accessible to people helping homeless Veterans and others in need.
Mortgage Bankers’ Commercial/Multifamily Originations Rise to $244.2 Billion In 2012
Commercial and multifamily mortgage bankers closed $244.2 billion of loans in 2012 according to the Mortgage Bankers Association’s (MBA) 2012 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.
First-Quarter Economic Growth Stronger Than Expected
Recent data indicate that economic growth in the first quarter has accelerated to an above-trend—but likely unsustainable—pace of 3.2 percent, according to Fannie Mae’s Economic & Strategic Research Group.
Economy Watch: Housing Starts Continue Upward Trajectory
Housing starts were up in March to an annualized rate of about 1.03 million units, according to the Census Bureau.
Co-op Lender Reports Increased Volume
Lending to co-ops continues to be brisk, according to a specialist in the field, National Cooperative Bank. In March, the company originated more than $77 million in those kinds of loans, compared with $51 million in February.
MHN Interview: New Issues Affecting Affordable and Market-Rate Development
MHN talks with Orlando Carera, counsel, and Greg Young, a new partner, both in the Real Estate Practice Group of Squire Sanders, about development and investment trends, and their thoughts on how the sequester will affect the multifamily industry.
Housing Starts Rise on Strength in Multifamily in March
Soaring production of multifamily apartments pushed nationwide housing starts beyond the million-unit mark for the first time since 2008 in March, according to newly released figures from HUD and the U.S. Census Bureau.
Harbor Group International Acquires Ocean Front Apartments in Virginia Beach for $34M
Harbor Group International has acquired the Virginia Beach, Va.-based Mayflower Seaside Apartments from Fairfield Mayflower Seaside LLC for $34 million.
Marty Lanigan Joins Greystone as Executive Vice President
Greystone, a national multifamily and healthcare mortgage lender, has appointed veteran real estate finance expert Marty Lanigan as executive vice president.