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/.
Bascom Arizona Acquires Coldwater Springs Apartments
Coldwater Springs, a five-year-old Class-A property in Avondale, Ariz., has been acquired by Scottsdale, Ariz.-based Bascom Arizona Ventures for $27.2 million.
Institutional Property Advisors Appoints Brian T. Murdy as National Director
Institutional Property Advisors (IPA), a multifamily brokerage division of Marcus & Millichap serving the needs of institutional and major private investors, has named Brian T. Murdy national director, according to John J. Kerin, president and chief executive officer of the firm.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 11.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 7, 2012.
Economy Watch: Job Openings Static
The Bureau of Labor Statistics reported that the Job Openings and Labor Turnover Summary found that U.S. job openings decreased in July to 3.664 million, down slightly from 3.722 million in June.
Grosvenor Americas Adds Another Puget Sound Property to Portfolio
Grosvenor Americas has acquired Waterford Place Apartments in the Seattle suburb of Woodinville for an unspecified price.
KBS Legacy Partners Apartment REIT Appoints W. Dean Henry as CEO
W. Dean Henry, a 40-year multifamily industry veteran, has been appointed CEO of KBS Legacy Partners Apartment REIT.
Boynton Beach Multifamily Development Ready to Open $1M Green-Friendly Clubhouse
Seabourn Cove, a gated community of 456 townhomes and garden apartments in Boynton Beach, Fla., is opening a $1 million, 6,204 square-foot, green-designed clubhouse.
Economy Watch: Consumers Hide Their Plastic in August
Consumers deleveraged their credit card accounts somewhat in August, which is perhaps indicating pervasive nervousness about the direction of the economy.
Freddie Mac Offers 11th Batch of K Certificates This Year
Freddie Mac has made a new offering of Structured Pass-Through Certificates (also known as “K Certificates”), which are expected to settle on Sept. 25. The K Certificate offering, which is composed of multifamily mortgage-backed securities, will total about $1.1 billion.
What’s Cooking?
From style to amenities, MHN uncovers what renters are looking for in the kitchen.