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/.
Should You Outsource?
While the use of call centers is pervasive across many industries, the apartment sector appears to be at least one industry that is resistant to this current-day corporate trend.
First Smoke-Free Residential Building on Manhattan’s West Side
Residents of Manhattan’s West Side can now breathe a little easier. Equity Residential recently announced that Ten23, Chelsea’s first smoke-free apartment, is open for leasing.
NMHC Reports Upswing in Multifamily Construction
The National Multi Housing Council’s latest Quarterly Survey of Apartment Market Conditions reports that increased demand for rental housing has led to a considerable uptick in multifamily construction.
Cutting Costs: What’s the Next Layer of Opportunity for Rent Increases?
Now is the time to leverage conditions to enact a paradigm shift in how the industry underwrites risk. Simply stated, having the “upper hand” in the market for the next cycle creates a perfect opportunity to put a mandatory renter’s insurance plan into effect.
San Diego Project Goes from LEED Silver to Gold
The use of structural concrete on the University of California, San Diego’s new Rita Atkinson Residences appears to have done wonders in complementing the design and structure of this 450-bed apartment building.
Loosening Standards
Capital is pouring back into the most active commercial real estate investment markets as lenders are responding to improving property values and rising expectations of future income growth.
Market Issues Sideline CMBS Financing
Even as commercial mortgage-backed securities financing was slowly starting to make a comeback as a source of multifamily financing, U.S. and global macroeconomic issues, as well as micro-level CMBS-related issues, have come together to stall the CMBS sector.
Bloomberg: Hudson Yards ‘Wonderful’ for New York
“It’s a wonderful day for New York,” Mayor Michael Bloomberg said of the Hudson Yards development project. The 26-acre site on the city’s West Side is the largest piece of undeveloped property in Manhattan.
Condos in Battery Park City Half Sold
1 Rector Park, a condominium conversion in lower Manhattan’s Battery Park City, has sold more than half of its units, according to the sales agent for the property, Corcoran Sunshine Marketing Group.