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/.
Economy Watch: ECB Stands Ready to Buy Euro-Zone Debt
As expected, European Central Bank president Mario Draghi said that the ECB was going to start buying short- and medium-term government debt, especially that of Italy and Spain, the weakest large links in the euro zone.
Rego Park Multifamily Redevelopment Now Open
Residents are now moving into the Contour, a redeveloped building in the Rego Park neighborhood of Queens that went from office space to apartments. Occupancy will be about 70 percent once the building’s residents have moved in.
Skyline Equities Realty Sells Development Rights for Miami Condominium Community
Skyline Equities Realities has recently completed a deal to sell its luxury community SkyPalace, located in Miami, within Mary Brickell Village. Lynd Development and LNR Property will be the new developers of this property. Blackrock Realty Advisors will serve as the equity source.
Boston Capital Invests in Three Oklahoma Affordable Multifamily Developments
Boston Capital is investing in the construction of three affordable multifamily developments in Oklahoma totaling 105 units that will be built with tax credit equity from the Low Income Housing Tax Credit program.
New Residential Condo Development Breaks Ground in Flourishing Luxury Real Estate Market
An affiliate of Ledcor Properties Inc., 26th Avenue River Investments Inc., has broken ground on a new luxury residential condo development in Calgary, Canada.
Economy Watch: Investors Wait on Word From ECB
Last week, investors seemed to pause while they were waiting for Fed chairman Ben Bernanke to speak some magical words. This week, the markets seem to be stuck in neutral waiting for ECB president Mario Draghi to outline his central bank’s plan to “save the euro,” to put it in (overly) dramatic terms.
‘What Renters Want’ with Jessica Fiur: Roger Federer and the Danger of Complacency in Apartment Marketing
Last night I went to the U.S. Open and saw the Roger Federer vs. Tomas Berdych quarterfinals match. Now, I’m not a huge sports fan, but I still had a few expectations when I got to the tennis center: 1. The food would be expensive. 2. I would see celebrities. 3. Roger Federer would be handsome in real life. And 4. Federer would win. Well, I paid $7.50 for ice cream; saw Pippa Middleton, Anna Wintour, Arethra Franklin and Yup, Federer, the number one tennis player in the world, lost to Tomas Berdych, who is…actually, I’m not sure what number he is (thought it’s…
Inside the Deal: Shore: The Largest HUD Financed Project in LA
The $125 million Federal Housing Administration (FHA)-insured loan provided for the 544-unit Shores in Marina del Rey is the largest Section 221(d)(4) completed in the history of the Los Angeles Department of Housing and Urban Development (HUD) office.
Investor Buys Austin Apartment Property
Falcon Southwest has purchased the 324-unit Deerfield Apartments from Nevins Adams Lewbel Schell. The property is located close to Mopac Expressway about 10 miles southwest of downtown Austin, Texas.
MHN Interview: The CEO of Campus Crest Communities on Why Socialization is Key in Student Housing
MHN talks to Ted Rollins, CEO of Campus Crest Communities, about why the student housing industry is currently booming, and why, in his properties, amenities take a backseat to promoting socialization among residents.