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/.
Nonprofit Acquires Third LA Property to House Homeless Veterans
Serene Haven Inc., a nonprofit that acquires and renovates residential properties to provide housing to homeless military veterans and their families, has acquired a property located on West 54th Street in Los Angeles.
Freddie Mac Announces First K Certificates Offering Backed Only by 5-Year Multifamily Mortgages
Freddie Mac today announced its first offering of Structured Pass-Through Certificates (“K Certificates”) backed exclusively by multifamily mortgages with a 5-year term.
Jasper by Alta Benefits from Heritage of Seattle’s Wedgwood Enclave
Wood Partners announced pre-leasing has begun at its Jasper by Alta apartment community in Seattle’s unique and historic Wedgwood community.
MHN TV: Interview with Faron Thompson: Fannie, Freddie May Pare Multifamily Market Share
In a wide-ranging interview, Thompson notes that Fannie and Freddie may reduce their market share down to closer to 50 percent of the multifamily lending space.
Economy Watch: Consumer Sentiment Edges Down in February
Consumers were a little miffed in February, according to the latest Reuters/University of Michigan’s consumer sentiment index, which dropped to 74.3 during the month, against the expectations of economists predicting another rise.
Fannie Mae Prices $767 Million Multifamily DUS REMIC Under Fannie Mae GeMS Program
Fannie Mae priced its third Multifamily DUS REMIC in 2012 totaling $767 million under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on March 14, 2012.
'Economy Watch' Podcast with Dees Stribling: Housing Market Shows Improvement
Even the Las Vegas housing market is seeing some improvement.
Ranieri Buys Deutsche Bank Multifamily Mortgage Unit
Ranieri Real Estate Partners LP, a real estate financial services company, and private equity funds affiliated with WL Ross & Co. LLC have completed of the acquisition of Deutsche Bank Berkshire Mortgage, formerly a subsidiary of Deutsche Bank, for an undisclosed amount.
M West Completes Acquisition of Lofts In L.A. Arts District
Once, the building in downtown Los Angeles served as the distribution warehouse for the Los Angeles grocery chain J.R. Newberry Company, founded in the late 19th Century. Last week, what had since come to be called 900 East 1st Street Lofts was acquired by M West Holding.
Economy Watch: Foreclosures Not Spiking Just Yet
A tide of foreclosures in the wake of the robo-signing settlement is now conventional wisdom among economists and others who track the drab state of the housing, but according to the latest numbers from RealtyTrac, the tide isn’t rising quite yet.