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/.
Oak Grove Capital Adds Three to Growing Underwriting Team
Oak Grove Capital, a lending partner to the market rate multifamily, seniors and affordable housing markets, announced that it has added three senior-level underwriters with an average of 13 years of experience to its growing team.
Pennsylvania Apartment Portfolio Wins $70M Refi
A seven-building apartment property portfolio, owned by Reinhold Residential and comprised of properties in Pennsylvania, has obtained refinancing to the tune of $70.2 million. All of the properties have the distinction of being historic structures that have been converted to multifamily rental space.
Economy Watch: Investors Return to the Trading Floor
Wall Street was back in business again on Wednesday, despite crippled infrastructure in the equities markets’ hometown.
Electric Companies Deploy Nationwide Response to Restore Power
An army of more than 53,000 utility workers from around the country, and as far away as Canada, California and Washington state, is joining forces to begin the arduous task of restoring electricity to millions of Americans whose power was interrupted by Hurricane Sandy’s massive wake.
TIAA-CREF Obtains $92M Loan to Buy DC Apartments
MassCourt East End, a 371-unit apartment property in the Mount Vernon Triangle neighborhood of Washington, D.C., has obtained $92.6 million in acquisition financing. Currently the property is 96 percent leased.
Carrfour Supportive Housing Develops $12M Miami Affordable Housing Community
Carrfour Supportive Housing has joined up with Tacolcy Economic Development Corporation and the Florida Housing Finance Corporation to develop a $12 million affordable community called Parkview Gardens in Miami.
Houston Rental Property Acquisition Facilitated by Berkeley Capital
Berkeley Point Capital LLC recently facilitated Baron Properties’ acquisition of AMLI Towne Square Apartments in Houston.
Economy Watch: Sandy’s Costs Already Being Guessed
Sandy is still vexing parts of the Northeast with wind and rain, but it’s already time for preliminary damage estimates.
ARA Sells 300-Unit Community in North Carolina
ARA, an Atlanta-based investment advisory brokerage firm, recently announced the sale of Ashford Green, a 300-unit community in Charlotte, N.C.
On New York Business Disruption of Hurricane Sandy
As Hurricane Sandy disrupts business activity across the nation, professionals located in the heart of New York City are especially feeling the impact close to home and work.