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/.

Velocity Hires Industry Veteran for Loan Acquisitions

Velocity Commercial Capital, a specialty finance firm focusing on originating, acquiring and securitizing small balance commercial loans, announced the addition of Craig Kolasinski to its Capital Markets team.

Richard Katzenstein Joins Freddie Mac Multifamily as Managing Regional Director, Northeast Region

Richard Katzenstein has joined Freddie Mac Multifamily, and will lead the Northeast Region as its managing regional director.

MSHDA to Build New Senior Development in Michigan Suburb

Michigan State Housing Development Authority will open The Lake Pointe Apartments, a planned $4.2 million affordable housing development for seniors in downtown Hart, Mich.

Economy Watch: Beige Book Reports ‘Strong’ Residential Growth

The Federal Reserve released the latest Beige Book, which reported “all 12 Districts characterizing the pace of growth as either modest or moderate.”

Marcus & Millichap Lists 128-Unit Indiana Community

Marcus & Millichap Real Estate Investment Services are marketing the sale of Embassy Place Apartments, a Class A community in Highland, Ind. The seller is a Northwest Indiana-based builder and the original developer of the property.

Equity to Sell $1.5B Portfolio

Equity Residential has unveiled a major deal to sell $1.5 billion worth of multifamily properties to a joint venture of Goldman, Sachs & Co. and Greystar Real Estate Partners. The transaction will involve 27 properties in various parts of the country.

Corvias Campus Living Appoints New Vice President

Corvias Group, a privately-owned, vertically-integrated real estate solutions group, announced today that Geoff Eisenacher has been named a vice president of business development for Corvias Campus Living, the company’s student housing division.

Property Solutions Promotes Chase Harrington to New Executive Vice President

Property Solutions International Inc., a provider of property management websites and payments, announced the recent appointment of Chase Harrington as executive vice president.

Acquisition and Renovation Loan Secured for Brandon, Fla., Properties

A $49.6 million acquisition and renovation loan has been secured by Miami-based Aztec Group on behalf of an affiliate of Tampa-based Blue Rock Partners, owner and manager of a large central Florida multifamily portfolio.

Economy Watch: Retail Sales Better Than Expected in December

The Census Bureau reported on Tuesday that U.S. retail sales were up 0.5 percent from November to December (important note: the figures are adjusted for seasonal variation, but not price changes).