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: Employment Growth Up, But Economy Still Spinning Its Wheels
Though the report turned out better than expected, July’s employment numbers still count as mediocre.
Terra Group Plans for New Residential Towers in Coconut Grove
Terra Group, a Miami-based real estate development company, is planning to build Grove at Grand Bay, two luxury towers nestled in Coconut Grove comprising 96 units. The residential buildings are expected to be certified LEED Silver.
Economy Watch: Demand for Prime Mortgages Up
The Federal Reserve released its July “Senior Loan Officer Opinion Survey on Bank Lending Practices” on Monday, offering the conclusion that “modest fractions of domestic banks, on balance, continued to report having eased their lending standards across most loan types over the past three months.”
Ground Broken on Texas Luxury Community for Seniors
SRP Medical announced it has broken ground on Magnolia Heights, a luxury community for seniors in Spring, Texas. It will be the first new senior living community that provides assisted living and memory care residences in the area in over 10 years.
Twin City Multifamily on a Roll
Apartment rents in the Twin Cities have reached record highs, according to the latest report on the market by investment specialist Marcus & Millichap.
New Brunswick’s Gateway Transit Village Wins Smart Growth Award
A 2012 Smart Growth Award from New Jersey Future has been captured by Gateway Transit Village, a new mixed-use development next to the N.J. Transit train station in downtown New Brunswick, N.J.
IREM Report Confirms Strong Metrics for Apartments
The recently released 2012 edition of “Income/Expense Analysis: Conventional Apartments,” published by the Institute of Real Estate Management, confirms the conventional wisdom among the apartment industry. Namely, it’s bonanza time for landlords.
Joint Venture to Develop $39M Luxury Student Housing Community at The University of Mississippi
Carter, a development and investment firm, and Chance Partners, a real estate firm, announced that they were going to develop a $39 million student housing community at the University of Mississippi in Oxford, Miss.
Affordable Housing for People with Special Needs Coming to Wallkill, N.Y.
The Community Preservation Corporation, a not-for-profit mortgage lender financing multifamily development throughout New York, has closed on a $7.95 million construction loan to develop Sunrise Apartments in the town of Wallkill, N.Y.
Economy Watch: U.S. Sees July Rise in Job Creation
The U.S. economy created 163,000 jobs in July, according to the Bureau of Labor Statistics on Friday.