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/.
Chestnut Hill Realty Expands West Roxbury Multifamily by 48 Units
Chestnut Hill Realty completed a $12 million expansion to its Ridgecrest Village Apartments, adding a new 48-unit building and bringing its total to 389 apartment homes in the West Roxbury, Mass., community.
Economy Watch: Residential Delinquencies Jump in September
The Census Bureau reported on Wednesday that sales of new single-family houses were at an annualized rate of 389,000 in September 2012, which is 5.7 percent above the revised August rate of 368,000 and 27.1 percent above September 2011’s rate of 306,000.
Second Phase Planned for Sterling Parc at Middletown
As further evidence that the demand for rental properties is broad as well as deep, Sterling Properties reports that the first phase (three buildings all together) of Sterling Parc at Middletown in Orange County, N.Y., has nearly leased all of its apartments.
Property Solutions’ Redesigned Online Applications Demonstrate 41 Percent Completion Rate
Property Solutions International Inc., a provider of property management websites and payments, announced performance results for its usability-optimized online applications, including a 41 percent completion rate for all applications started.
Port Authority of New York and New Jersey Selects Yardi Voyager
Yardi announced that the Port Authority of New York and New Jersey will adopt Yardi Voyager(TM) as its real estate lease administration and database system.
Riverstone Residential Group Announces Key Executive Promotions in Client Services and Corporate Marketing Groups
Riverstone Residential Group, a privately owned, third-party multifamily property management company, announced the promotions of two members of its executive leadership team, Lisa Skochdopole and Katie Fleischer.
Economy Watch: Zillow Reports Home-Price Growth
Residential market indices are legion, and these days most of them are pointing toward a steady, if not overheated, U.S. housing recovery in most markets.
ULI Special Report: Penalosa Suggests Rebuilding Cities for Long-Term Viability
Have U.S. cities evolved appropriately for future needs? Not at all, according to Enrique Penalosa. The president of the Board of the Institute for Transportation and Development Policy of New York offered new and sometimes radical suggestions for change as the opening keynote speaker for the ULI/Stan Ross Real Estate Trends Conference on Wednesday during the Urban Land Institute’s Fall Meeting.
SRP Medical and Frontier Management Announce New Assisted-Living Facility
SRP Medical and Frontier Management have unveiled plans for a new seniors housing property in the southwest part of Fort Worth, Texas. The facility will include 105 residences with assisted living and memory-care services.
Luxury Atlanta Community Draws Attention from Renters
Midtown Atlanta’s tallest residential high-rise, The Atlantic, is attracting a lot of interest from potential renters. The community is the third acquisition of Class-A Atlanta real estate for Crescent Heights.