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/.
New Seniors Housing Slated for South Orange County
Construction will begin soon on Crestavilla, a new seniors housing property in Laguna Niguel in southern Orange County. Located on 11.5 acres, the property will offer independent and assisted living, as well as memory care.
Passco Acquires Luxury Georgia Community for $25.5M
Passco Companies recently acquired The Glen at Alexander, a luxury multifamily community in Augusta, Ga., for $25.5 million. To finance the property, Passco received a $14 million Fannie Mae loan.
Walker & Dunlop raises $100K for Fannie Mae’s Help the Homeless Program in 2012
Walker & Dunlop Inc. announced that it raised $100,000 for Fannie Mae’s Help the Homeless Program® (HTH), through the Company’s annual fundraising efforts in 2012. Since 2006, Walker & Dunlop has raised over $500,000 for HTH.
South African Developer Secures Financing for Retail and Residential Projects in Pretoria
Nedbank Corporate Property Finance, a Durban-based financial organization, has reportedly provided a Pretoria, South Africa, developer with crucial financing that will be used in the development of two properties.
Baker & McKenzie Advise on Starhill’s A$415M Australian Hotel Portfolio Purchase
Starhill REIT, a listed Malaysian REIT, has recently closed on an A$415 million acquisition of three premier Australian hotel properties: Sydney Harbour Marriott Hotel, Brisbane Marriott Hotel and Melbourne Marriott Hotel.
ULC Preserves 100 Workforce Homes in Lakewood, Colo.
The Urban Land Conservancy has acquired a 100-unit rental property in Lakewood, Colo., located at the Wadsworth Light Rail Station on the West Corridor of FasTracks to preserve workforce housing near public transportation.
Economy Watch: Housing Starts Drop in November
Private housing starts in November came in at an annualized rate of 861,000 units, according to the Census Bureau. That’s 3 percent below the revised October estimate of 888,000, and adjusted for the fact that colder weather slows down housing construction.
MHN Interview: Pennrose on Hurricane Sandy’s Aftermath
More than a month after Hurricane Sandy, the effects of the storm are still reverberating across the Northeast. MHN talks to Robert Lampher, president, Pennrose Management Company, about the damages their New Jersey properties suffered, and how their experiences affected how they will react to hurricanes in the future.
‘What Renters Want’ with Jessica Fiur: 6 Amenities You Really Should Have
In previous blogs, I’ve mentioned amenities that might not be worth the investment. Here are some amenities that you really should considered.
Groundbreaking Ceremonies Herald Start of Old Colony’s Phase Two
Groundbreaking ceremonies were recently held to mark the construction start on Phase Two of The Homes at Old Colony Redevelopment Project in South Boston.