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/.
Carroll Organization Buys Orlando Apartments for $40M
The Carroll Organization has acquired the 526-unit Camden Reserve apartment community in Orlando, Fla., for $40.5 million.
MHN Interview: Getting an Insider’s Perspective on Seniors Housing
In order to learn more about the useful design elements in seniors housing, the architects at D2 Architecture in Dallas have started the Sleepover Project, which allows them to spend a day at the facilities as a “resident” to learn more about the community.
Manulife Buys $580 Million Office Tower in Hong Kong’s CBD2
Manulife (International) Limited has signed a sale-and-purchase agreement with Wheelock Properties Limited for the West Tower at the One Bay East development in Kowloon East, Hong Kong.
Three Affordable Housing Properties to Benefit from $1.4M in Disaster Recovery Funds
The Broward County Housing Authority was awarded a $1.4 million grant by the Broward County Housing Finance and Community Development Division, which will be used to strengthen three of its multifamily rental communities to better withstand storms.
NCC to Build $59.5M Housing at the Port of Copenhagen
Leading construction and development company NCC has been named turnkey contractor for an approximately $59.5 million (SEK 379 million) project in the Port of Copenhagen
Economy Watch: Fed Mulls Fate of QE3
The Federal Reserve released the minutes of the Federal Open Market Committee meeting, and while it didn’t reveal any dramatic fractiousness within the Central Bank, it seems that some members of the committee brought up phasing out QE3 sooner rather than at no specific point in time.
Suburban D.C. Apartments Sell for $98M
Falkland Chase, an apartment property with 450 units, has traded hands for $98 million, or about $218,000 per unit.
Ivanhoé Cambridge, Goldman Sachs and Greystar Partner on an 8,010-Unit Portfolio
Ivanhoé Cambridge has announced that it has partnered with the Real Estate Principal Investment Area of Goldman, Sachs & Co. and Greystar Real Estate Partners, as well as several other partners, in an 8,010-unit portfolio, with properties located across the United States.
Former Worcester School to Become Mixed-Income Housing
The vacant Worcester Vocational and Technical School in Worcester, Mass., will be transformed into the 84-unit Voke Lofts, a mixed-income housing development.
FHA Reform Efforts Must Ensure Borrowers Have Access to Affordable Home Loans
The National Association of Home Builders (NAHB) expressed support for congressional efforts to reform the Federal Housing Administration (FHA) but urged lawmakers to proceed in a cautious manner to avoid any disruptions to the nation’s housing finance system.