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/.
Arabtec Construction LLC Signs Contract to Build Europe’s Tallest Office Tower for Gazprom
In the Primorsky district of Saint Petersburg, Russia, the tallest office tower in Europe is set to be built as part of the Lakhta Center, a gigantic 3.5 million-square-foot mixed-use master-planned development.
AMCAL, Pacific Western Bank, Lifesteps Host Successful ‘Partnership for H.O.P.E.’
AMCAL Multi-Housing, one of California’s leading builders of workforce and affordable housing, LifeSTEPS, AMCAL’s non-profit partner, and Pacific Western Bank, who handles AMCAL’s predevelopment financing, together hosted the second annual “Partnership for H.O.P.E.” (Housing Opportunities and Personal Empowerment) event in Los Angeles.
DoubleTree by Hilton Opens Second Location in Romania
International hotel brand DoubleTree by Hilton has announced the opening of DoubleTree by Hilton Oradea, the second location of the brand in the Eastern-European country of Romania.
NorCal Seniors Housing Property Sells
Oakmont Gardens, a 163-unit independent living and assisted living property in Santa Rosa, north of San Francisco Bay, has traded hands for an undisclosed price.
The Outlook for Investing in Secondary and Tertiary Markets
Key takeaways from the recent MHN-CPE webinar “Secondary and Tertiary Markets: Identifying, Finding and Investing in Commercial Real Estate Opportunities.”
Boston Capital Invests in 70-unit Affordable Multifamily Development
Boston Capital is investing in the construction of Cheriton Heights Apartments, a 70-unit multifamily development for seniors in Boston’s West Roxbury neighborhood.
McKinley Appoints Gene Miller as New Chairman and Recognizes Paul Dimond
McKinley board members Albert M. Berriz and Marc Weiser recently announced at their 3Q board meeting that Eugene A. (“Gene”) Miller has been elected chairman of the board effective immediately.
MBA Analysis Pegs 2011 Multifamily Lending at $110 Billion, Up 60 Percent From 2010
In 2011, 2,653 different multifamily lenders provided a total of $110.1 billion in new mortgages for apartment buildings with five or more units, according to a report from the Mortgage Bankers Association.
Economy Watch: Apartment Vacancies, Absorption Both Edge Down
Reis Inc. reported on Wednesday that the national apartment vacancy rate was 4.6 percent during the third quarter, down a notch from 4.7 percent during the previous quarter.
Public-Private Overhaul
Institutions across the country look to the University of Kentucky for advice on using public-private partnerships to replace aging student housing stock.