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/.
Fannie Mae Marks 25 Years of Multifamily Market Financing Through DUS(r) Program
This month Fannie Mae marks the 25th anniversary of its Delegated Underwriting and Servicing (DUS®) program, a unique risk-sharing model that provides financing to the multifamily housing market.
Auction.com Promotes Jake Seid to Co-President and Opens Silicon Valley Office
Auction.com announced that it has promoted Jake Seid to co-president, with shared oversight of all day-to-day operations, and established an office in Belmont, Calif., to tap the talent pool in Silicon Valley.
Joint Venture Begins Construction on $38M Transit-Oriented Community
Wood Partners and the Ustler Group have begun construction on a $38 million multifamily community. The five-story, 248-unit property called The Ivy—Residences at Health Village will be located in the Florida Hospital Health Village in Orlando.
REIT Buys REO Apartments in Lexington
Resource Real Estate Opportunity REIT has acquired two apartment properties in Lexington, Ky., called Kenwick Place and Canterbury Apartments. The two are adjacent to each other and include a total of 244 units.
RED Records Record Year in 2012 and Captures MBA Top FHA/Ginnie Mae Origination Ranking
Comprehensive capital provider RED Capital Group announced that according to a recent 2012 Annual Origination Rankings report released by the Mortgage Bankers Association, RED’s mortgage banking arm, Red Mortgage Capital LLC, was the top originator for FHA/Ginnie Mae loans in 2012 providing 231 FHA loanstotaling $2.176 billion.
Starwood Hotels & Resorts Opens First W Branded Property in Mainland China
Starwood Hotels & Resorts has launched the W Hotels brand in Mainland China with the opening of W Guangzhou.
Decade-Long Development in Inland China Completes its 13th Phase
A decade-long development effort by Sunac Real Estate was recently commemorated during a ceremony organized by the developer.
Economy Watch: March Job Growth Sputters
The U.S. economy created only 88,000 jobs in March, which was a drop from February.
