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/.
Economy Watch: November Employment Gains Roughly Average
The Bureau of Labor Statistics reported on Friday that the U.S. economy created 146,000 jobs in November. Since the beginning of this year, employment growth has averaged 151,000 per month, about the same as the average monthly job gain in 2011, which was 153,000.
Student Housing Community Planned for Downtown Atlanta
In a $7.9 million transaction brokered by Atlanta’s Bull Realty, a development site in downtown Atlanta has been sold to an affiliate of Valdosta, Ga.-based Ambling University Development Group.
‘What Renters Want’ with Jessica Fiur: Going Green (Literally) with Pantone’s 2013 Color of the Year
As the days are getting colder, people have already transitioned to their winter wardrobes. So that means shades of black, gray and occasionally some winter white (which I love for coats, and my dry cleaner loves for my coats as well). And, while black is tres chic for a Manhattan cocktail party or for slimming people after eating all that home-made fudge their coworkers bring to the office, when the outside world starts looking like the first 10 minutes of The Wizard of Oz, it can get a little dreary. Same with apartments. Apartments for rent don’t generally change color for…
Assurant Specialty Property Launches MyRentersProgram
Assurant Specialty Property, a provider of renters insurance and security deposit alternatives, has launched a new online portal for multifamily housing providers with less than 3,000 units to easily implement an insurance requirement within their lease agreements.
Harbor Group Makes $10M Equity Investment in Apartment Portfolio
Harbor Group International LLC has made a $10 million preferred equity investment in a multifamily portfolio in northwest suburban St. Louis. The portfolio consists of four properties totaling 1,447 units.
Tryko Partners Begins Extensive Renovation on Distressed Affordable Community in Maryland
Tryko Partners recently acquired Perrywood Gardens, a 184-unit affordable housing community in Aberdeen, Md. The company is currently implementing a $500,000 renovation program for the property.
Thor Urbana Capital Launches a Half a Billion Dollar Investment in Mexico
Thor Urbana Capital recently announced that it is launching a major investment project, estimated at around half a billion dollars, across Mexico.
Red Capital Analytics Introduces the Industry’s First Comprehensive Suite of Price Indices for Commercial Real Estate
Real Capital Analytics (RCA) recently announced the launch of the RCA Commercial Property Price Indices (RCA CPPI).
Commercial/Multifamily Mortgage Delinquency Rates Down in Third Quarter
Delinquency rates decreased for commercial and multifamily mortgage loans in the third quarter, according to the Mortgage Bankers Association’s Commercial/Multifamily Delinquency Report.
Number of Improving Housing Markets Surges to 201 in December
The number of housing markets considered “improving” according to parameters established by the National Association of Home Builders/First American Improving Markets Index surged by 76 to a total of 201 metros in December.