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/.
The Farran Group Breaks Ground on $19.5M Mont. Community
The Farran Group has broken ground on a new $19.5 million community in Missoula, Mont. The property is being developed on a former industrial site—a former lumber mill and distribution center.
NYC Condo Property Now Offers Bigger Units
It’s a mark of the recovery of the condo market in New York that condos aren’t only selling again, but demand is rising for larger units.
Corvias Group Executive Promoted to Chief Financial Officer
Corvias Group, a privately owned, vertically integrated real estate solutions group, announced that senior vice president of finance, David Rozen, has been promoted to SVP and chief financial officer (CFO).
Sunrise Continues Regional Expansion
San Diego-based Sunrise Management has expanded its Northern California team, adding longtime multifamily industry professional Beth Smith, CPM, as a new regional property manager in its growing Sacramento office.
Businesses and Consumers Apathetic Toward Fiscal Drag Housing Upturn Intact, Provides Tailwind to Economy
Washington, D.C.—The strong jobs report and the rebound in consumer confidence in February suggested that businesses and consumers set aside their worries about fiscal drag ahead of the looming sequestration deadline, according to Fannie Mae’s Economic & Strategic Research Group. Activity in both the stock and housing markets also picked up recently and continues to act as a tailwind for the economy. Furthermore, the pace of manufacturing and service activity has expanded at a healthy pace and should contribute to growth this quarter. Although income and consumer spending took a hit at the start of the year and may slow…
Village Green Acquires Detroit Luxury Apartments; Plans to Renovate
Village Green, a Detroit-based luxury apartment owner and operator, has acquired Millender Center Apartments, which includes 338 luxury units that the company plans to renovate and reposition.
The Picerne Group to Develop 248-Unit Community in Denver Tech Center
The Picerne Group announced the construction of a multifamily community in the Denver Tech Center in Denver.
John Antonini Joins Multifamily Team at Colliers San Francisco
Colliers International announces that John Antonini has joined its San Francisco office as a member of the San Francisco multifamily team.
Mack-Cali Buys Suburban D.C. Apartments for $262M
Mack-Cali Realty Corp. has acquired an 828-unit multifamily property, Crystal House, in the Crystal City section of Arlington, Va., for about $262.5 million. The acquisition was made in partnership with a fund advised by UBS Global Asset Management.
Centerline Capital Group Hires Jeffrey J. Ballaine in Mortgage Banking Unit
Centerline Capital Group, a provider of real estate financial and asset management services for affordable and conventional multifamily housing, and a subsidiary of Centerline Holding Company, announced today it has hired Jeffrey J. Ballaine for its Mortgage Banking Group.