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/.
Michaels Development and the Housing Authority Develop Affordable Housing Community in South Camden
Michaels Development has teamed with the U.S. Department of Housing and Urban Development to open Morgan Village, a new 40-unit rental townhouse community serving low- and moderate-income families in the Morgan Village neighborhood of South Camden.
Downtown Cleveland Property Wins Preservation Prize
Saint Luke’s Manor in Cleveland recently won the National Trust/HUD Secretary’s Award for Excellence in Historic Preservation.
Economy Watch: Employment Index Slips
The Conference Board reported that its Employment Trends Index decreased slightly in November, making the fourth monthly drop this year.
‘What Renters Want’ with Jessica Fiur: 4 (More) Amenities That Probably Aren’t Worth the Investment
To paraphrase Forrest Gump, amenities are like a box of chocolates. Some are awesome, and some, like cherry cordials, are nice in theory and are pretty to look at, but are ultimately left untouched, or sampled and then promptly discarded. Because they are gross. Are all your amenities chocolate caramels, or do you have some cherry cordials in your building? Several months ago I wrote a blog titled “5 Amenities That Probably Aren’t Worth the Investment.” Here are a few more amenities that might not be worth the money. 4 (More) Amenities That Probably Aren’t Worth the Investment Electric car charging…
Ken Uranowitz Named President of Gebroe-Hammer Associates
Ken Uranowitz has been named president of Livingston-based Gebroe-Hammer Associates, the region’s dominant commercial real estate brokerage firm, announced Chairman Alan Gebroe.
CPC Refinances Syracuse Apartment Community
The Community Preservation Corp. has provided a $5.48 million loan to refinance a mortgage on the Remington Gardens apartments in Syracuse.
Mid-20th Century Military Barracks Restored in North Georgia
In planning a new “military education precinct,” administrators at North Georgia College & State University had slated historic Gaillard Hall, built in the early 1950s, for demolition. But Atlanta architectural firm Lord, Aeck & Sargent convinced the institution to save, restore and rehabilitate the structure.
Economy Watch: Retail Gains Jobs, Construction Loses Them
In reporting a net gain of 146,000 jobs in November, the Bureau of Labor Statistics also noted that some industries hired quite a bit, while others saw job losses.
Co-Op City Gets $621M Refi
The long and storied history of Co-op City in the Bronx added another chapter recently when owner Riverbay Corp. and Wells Fargo closed on a deal to refinance the mortgage on the property to the tune of $621 million.
IPA Arranges $148M Sale of San Jose Community
Institutional Property Advisors has arranged the $148 million sale of Willow Lake Apartment Homes in San Jose, Calif. This sale equals approximately $291,000 per unit.