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/.
Affordable Housing Redevelopment Opens in Orlando
A grand opening ceremony was held in late January to unveil Emerald Villas, formerly known as Seville Place, the first affordable housing redevelopment project to be introduced in the past decade within Orlando’s Pine Hill neighborhood.
LYND Buys Houston Value-Add Apartments
Lynd Residential Properties, the multifamily investment vehicle of LYND, has acquired the Limestone apartment complex in the Briar Forest-Ashwood submarket of Houston. The buyer paid an unspecified price in an off-market transaction.
Southeast Apartment Parners Rebrands as Multi Housing Advisors, Announces New Hires
After a decade of operation and the brokerage of more than 60,000 apartment units, the newly renamed Multi Housing Advisors LLC (MHA) is expanding into new markets and making significant hires. The firm was previously known as Southeast Apartment Partners.
Construction Slated to Begin on $148M Joint Venture
Construction will begin later this year on a $148 million luxury community in Evanston, Ill. The project, which was recently approved by the Evanston City Council, was proposed by a joint venture between developers Fifield Cos. and Carroll Properties.
Multi Corporation Investing Big in Turkish Retail Market
In preparation for the upcoming MIPIM, Multi Corporation has arranged a presentation including its ramped up investments in the Turkish retail market.
Builder Confidence in the 55+ Housing Market Ends Year on a Positive Note
Builder confidence in the 55+ housing market for single-family homes showed continued improvement in the fourth quarter of 2012 compared to the same period a year ago, according to the National Association of Home Builders’ latest 55+ Housing Market Index.
Affirmed Housing Developing 40-Unit Affordable Housing Community
Affirmed Housing is developing Arbor Green Apartments, a planned three-story, 40-unit affordable housing community in Carson, Calif.
RioCan to Acquire Regional Malls in Oakville and Burlington by April
RioCan Real Estate Investment Trust has entered into a conditional agreement with Primaris Retail REIT to acquire two regional shopping malls in the Greater Toronto Area for a combined gross purchase price of approximately $362 million.
Economy Watch: Multifamily Rent Growth Slows
Trulia reported that as newly constructed multifamily buildings are completed, the pace of rent gains fell at the national level for the first time since the price recovery began last spring.
MHN Interview: Mission Capital Advisors on Multifamily Institutional Investors
Mission Capital Advisors’ Debt and Finance Group, a New York-based organization, recently added Brad Lyons and Rob Beyer as directors. MHN speaks to Lyons and Beyer about current trends regarding institutional investors in multifamily.