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/.
CGI Strategies Sells Atlanta Mixed-Use
City Walk, which includes a multifamily and a retail component, was acquired by two buyers. FPA Multifamily bought the residential section and a joint venture purchased the retail.
Bell Partners Snags 308 Units
Stonebridge Terrace, which will be renamed Bell Stonebridge, is a two-year-old community located within Stonebridge at Potomac Town Center, a half-million-square-foot lifestyle hub.
Lerner Refinances Affordable Housing in Suburban DC
The company, which has owned the property since 1993, received $34.5 million for Springs at Reston, a 362-unit community in Reston, Va.
JV Launches VA Affordable Housing
Jefferson Apartment Group, SCG Development and the Fairfax County Redevelopment and Housing Authority are developing Residences at Government Center, a 270-unit property in Fairfax County.
How to Motivate and Engage Your Team
Takeaways from the recent CFAA Rental Housing Conference panel “Corporate Culture – Pull, Don’t Push” and “Data in Performance Evaluation,” presented by experts from M&R Properties and Killam REIT.
10 Markets with the Lowest Expected Supply Growth
The multifamily industry has experienced a recent boom. But with a risk of oversaturation in some markets, development is slowing and deliveries are expected to peak.
RADCO Acquires Fifth Apartment Property in Houston
Champions Village Apartment Homes, which will be rebranded as City Gate at Champions, includes 278 units and will be overseen by the company’s management platform.
Tishman Speyer’s Jackson Park Tops Out in NYC
The community, located in New York City’s fastest-growing neighborhood, Long Island City, Queens, will include more than 1,800 apartments and 120,000 square feet of indoor and outdoor amenities, as well as a private 1.6-acre park.
PMG Gets $154M for FL Mixed-Use
The development will be constructed under the company’s new PMGx multifamily housing division, which comprises “social living” rental communities that cater to professionals who seek a more community-oriented lifestyle.
Top 10 Markets for Supply Growth
Decelerating rent growth and stagnant or falling occupancy rates suggest that developers can no longer expect the same returns experienced in recent years. As a result, development will likely slow down. According to Yardi Matrix data, these 10 markets are expected to see the greatest increases to supply this year.