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: Job Creation Pace Slows in March
The Bureau of Labor Statistics reported on Friday that the U.S. economy created a net of 120,000 new jobs in March, less than expected after a run of months in which employment gains were over 200,000.
Related, Shoma Buy Site for Miami-Area Mixed-Use Development
Related Group and Shoma Group have acquired land for a mixed-use development of multifamily housing, retail and other commercial product in the city of Doral in Miami-Dade County.
2012 NMHC 50 Names Nation's Largest Apartment Owners, Managers
In a resurgent rental market, the top players are Boston Capital and Greystar Real Estate Partners LLC, according to the National Multi Housing Council’s new 2012 NMHC 50.
Crescent Resources Plans $37 Million Apartment Development in Tampa
Crescent Resources, in partnership with Global Growth Trust, acquired 25 acres in Tampa, Fla., and is set to build a $37 million apartment community called Circle Crosstown.
Economy Watch: ADP Reports Strong Hiring
The ADP National Employment Report, which always comes out two days before the official U.S. government unemployment numbers, said on Wednesday that the American private sector added a net of 209,000 positions in February.
N.C. Affordable Seniors Housing Gets $3.75M Construction Loan
Ardsley Commons, an affordable apartment development for seniors in Locust, N.C., has obtained a $3.75 million construction loan.
Carroll Organization and Praedium Group Acquire Multifamily Property in Houston
Carroll Organization, a multifamily real estate firm focusing on ownership and operations, and Praedium Group, a real estate investment firm, have acquired a 302-unit apartment community in Houston.
Foundry Lofts Blazes Trail on D.C. Riverfront
The first apartment building to debut along the water in Washington, D.C.’s Capitol Riverfront area is 80 percent leased.
Yardi Acquires the PopCard
Yardi recently announced its acquisition of Lead Tracking Solutions (LTS), creator of the PopCard™, a patented and complete lead tracking and lead management software solution.
Economy Watch: Not So Fast on That QE3
The Federal Open Market Committee, which released notes from its March 13 meeting on Tuesday, dampened expectations of some kind of QE3 in the not-too-distant future.