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/.
TruAmerica, Blackstone Buy 2 for $127M
The joint venture has acquired two garden-style communities: the 319-unit Montair in suburban Denver and the 316-unit Walden Pond in suburban Seattle.
Construction Underway on MN Senior Development
The Opus Group development in Minnetonka will feature four stories and 147 units. Amenities will include a salon, a chapel and a memory-care garden.
KTGY Plans CA Student Housing
A Chapman University project, including a 402-bed student housing development, has been approved by the city of Orange.
Equus Capital Snaps Up $64M FL Apartments
The Reserve at Gateway, a 314-unit garden-style community in St. Petersburg, is 93 percent occupied.
$53M Earmarked for Bronx Senior Housing Renovations
A joint venture is refinancing Fort Schuyler House, a 138-unit development. Plans call for $15.5 million in capital repairs, and the property will preserve affordability for its residents.
Greystar Develops 286-Unit FL Community
Elan Rosemary in Sarasota is nearing completion. Designed by Meeks + Partners, the property will include a pool, courtyard with grilling stations and an outdoor bar, and a fitness center with Fitness on Demand.
Love Funding Secures $22M for NC Project
Located in Charlotte, Preserve at Mountain Island consists of 15 buildings and 240 units. Among other high-end amenities, the community will offer boat storage for residents.
Foxford Kicks Off IL Condo Construction
Located in Western Springs, the transit-oriented development will include 28 units, and each include a parking spot in the community’s heated garage.
Boston Community Commands Record-Breaking Price
CLPF Residences at Seaport has acquired Watermark Seaport from Skanska and Twining Properties for $60 million. The deal represents the highest price paid per unit for a multifamily project in the city.
Development Predictions for 2018
Since coming aboard as managing director of Transwestern Development Company in 2013, Mark Culwell has provided oversight in the execution of the development plan for approved projects. MHN speaks to the executive about what he expects this year.