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/.
Economy Watch: Personal Income Drops
The Bureau of Economic Analysis reported that U.S. personal income took a hit in January. At $505.5 billion, income was down 3.6 percent for the month, the largest drop in about 20 years.
Join a Live Facebook Chat with Affordable Housing Expert Donald Capoccia on March 8
Donald Capoccia, president of the New York State Association for Affordable Housing will be on the Multi-Housing News Facebook page on Friday, March 8th from 11:30 a.m. to 12:30 p.m. EST to answer all of your questions.
Picerne Military Housing Breaks Ground on $72M On-Post Community
Picerne Military Housing, a division of Corvias Group, recently broke ground on Reece Crossings, 432 on-post apartments for barracks-eligible, single unaccompanied service members. This marks the first public-private partnership with the U.S. Army.
Investor Obtains Acquisition Financing for West Coast Multifamily
Multifamily investor Pacific Urban Residential has obtained $43.7 million in first mortgage debt for the acquisition of two apartment properties, one in Seattle and the other Los Angeles.
‘Economy Watch’ Podcast with Dees Stribling: The Sequester Has Arrived
The sequester has arrived. And home prices are up.
Tishman Speyer Announces First Leases at New Office High-Rise in Frankfurt
Tishman Speyer and its joint venture partner, Commerz Real AG, have announced the signing of the first three lease transactions at the TaunusTurm office project under construction in Frankfurt.
Economy Watch: Small Uptick for 4Q GDP
The Bureau of Economic Analysis reported that real U.S. GDP was up during the fourth quarter of 2012, as opposed to the contraction reported in the bureau’s preliminary GDP estimate a few weeks ago.
Hines Acquires Archstone’s Interest in CityCenterDC Project
The Washington D.C. office of Hines announced today the acquisition of the ownership interest of its partner, Archstone, in the mixed-use CityCenterDC project that is currently under construction in downtown Washington, D.C.
$460 M Beirut Terraces Vertical Village Could Be First Lebanese Global Award Winner
By Eliza Theiss, Associate Editor Beirut, Lebanon—With MIPIM 2013 just around the corner, nominees of the nine categories of the MIPIM Awards are abuzz with anticipation. Among the nominees is Beirut Terraces, Benchmark’s 130-unit luxury residential project currently under construction in Mina El Hosn, the Lebanese capital’s central district and most high end residential area. If successful, the “Best Futura Project”-nominated property will be the first global award winner from Lebanon. Other projects nominated in the category include Culture Casbah in Malmo, Sweden, Nanjing River West CBD in Nanjing China and The Square in Berlin, Germany. Designed by Swiss architects Herzog…
Under-Construction Office High Rise in Downtown Toronto Set to Thrive
A large leasing deal was recently completed at Brookfield’s Bay Adelaide Center in downtown Toronto.