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/.
MHN TV: Emerging Trends: Outlook 2013
Jonathan Miller, Chuck DiRocco and Mitch Roschelle evaluate Emerging Trends 2013 and offer predictions for the new year.
Suburban Philly Apartments Trade for $37.5M
Tenby Chase Apartments, a 327-unit property in Delran, N.J., has traded hands. SDK Apartments bought the asset from Pantzer Properties for $37.5 million. Currently, it’s 98 percent occupied.
Raintree Partners Acquires Luxury L.A. Community for $77M
Raintree Partners has acquired a $77 million multifamily community in Los Angeles. The luxury community, called The Plaza at Sherman Oaks, contains 392 units.
‘Economy Watch’ Podcast with Dees Stribling: Good News Concerning Housing
Good news this week, especially in housing.
Export-Import Bank Provides Crucial Loan for Hospital Project in Sub-Saharan Africa
The Export-Import Bank of the United States has recently approved a substantial loan that will be used in the development of a Ghanaian hospital.
Curtain Rises on NoHo Senior Arts Colony in North Hollywood
The newly developed, $32 million NoHo Senior Arts Colony opens this month, the first in the multifamily housing industry’s history to incorporate a professional theater within a seniors rental housing property.
Economy Watch: Housing Starts Spike
The Census Bureau reported that private housing starts in December came in at an annualized rate of 954,000 units. That’s 12.1 percent more than the revised November total of 851,000, and a whopping 36.9 percent above the rate of 697,000 in December 2011.
Baptist Gardens Opens in Atlanta
Residents have started moving to Baptist Gardens, an affordable seniors housing property in Atlanta.
Digital Realty Acquires Three-Property Data Center Portfolio In Paris For $79.7M
Digital Realty Trust Inc. has acquired a three-property data center portfolio in the Paris area for EUR 60 million, or about $79.7 million. The seller was Bouygues Telecom, France’s third largest telecommunications operator.
DDR’s Puerto Rico Retail Properties Get $90M Upgrade
Leading shopping center owner and manager DDR Corp. has announced it will continue the successful redevelopment and expansion activity at four selected properties across Puerto Rico due to strong tenant demand and lucrative previous projects.