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/.
Western Securities Breaks Ground on Phase II of TX Asset
The 186-unit Mustang Station Apartments in Farmers Branch, Texas, is a transit-oriented development. The second phase include construction of a garage and amenities such as a fitness facility and an arbor.
Bellwether Closes $42M for 3 Affordable Properties
The properties, all in Charlotte, N.C., include the 381-unit Southside Homes, the 176-unit Edwin Tower and the 161-unit Charlottetown Terrace.
Passco Buys LA Apartments
Watervue, a 264-unit community in Lake Charles, La., features two lakes, as well as amenities such as a fitness center, swimming pool and outdoor kitchen.
GA Development Commands $59M
Fairfield Residential acquired Trees of Avalon, a 500-unit community in McDonough, Ga., from Watkins Real Estate Group.
Airbnb, FL Developer Roll Out Home-Sharing Plan
Newgard Development Group is working with the home-sharing company to form Niido, which will own a 324-unit apartment building in Kissimmee, Fla. Residents can share their units and access various tools, including a new app that supports checking in and assisting guests.
What Scares Your Residents?
When it comes to living in an apartment, ghosts don’t scare residents—but cockroaches, that’s another story. In honor of Halloween, MHN and Kingsley Associates explore what about your community makes your residents afraid.
FCP Snags $24M Tampa Community
Federal Capital Partners has acquired The Commons Apartments, a 200-unit, garden-style property. The company plans upgrades, including converting the leasing office to a gym and the addition of washer-dryers to individual apartments.
Fairfield Residential Secures $51M for MD Apartments
The seven-year, fixed-rate Fannie Mae loan for the 386-unit Rock Spring has three years of interest-only payments and five years of yield maintenance with a 1 percent prepayment penalty afterward.
North American Properties Completes Luxury TN Property
Emblem, located in Franklin, is a four-story community with 361 units that offers amenities such as a fitness center, grilling stations, conference room and Internet cafe.
CAPREIT Snags $48M Memphis Property
The company plans to renovate 1,002-unit Madison Cypress Lakes community, including exterior upgrades and a new clubhouse.