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/.
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.
Irvine’s Doria Apartment Homes Another First for Jamboree
The late October grand opening of Doria Apartment Homes, an affordable housing community on the north side of Irvine, Calif., marked a pair of firsts for Irvine-based affordable housing developer Jamboree Housing Corporation.
Ads Aimed at Young Renters Highlight Pitfalls of Living with Parents
New ad campaign aims at young renters by showing pitfalls of moving back in with mom and dad.
$300M Zero Net Energy Project Opens at UC Davis
The first phase of West Village at University of California, Davis, the largest planned zero net energy development in the country, has just made its debut.
Via Verde in the Bronx Starts Accepting Applications
The developers of Via Verde, a 222-unit workforce housing development now under construction in the Melrose section of the Bronx, have started accepting residency applications for the property’s 133 affordable units.
NWP Services Corporation Introduces Common Area/Vacant Meters Variance Analytics
NWP, a provider of solutions to lower operating and utility costs for the multifamily housing industry, announced the introduction of Common Area/Vacant Meters Variance Analytics within the company’s UtilitySmart product family.
Ones to Watch
Every November MHN spotlights industry players who warrant attention in the year to come. These influential executives are employing strategies to overcome the challenges presented by the economy so that the multifamily sector can emerge stronger than ever.
Economy Watch: Drunk on Risk, MF Globals Falls on Face
Though not in the major leagues of failure as Lehman Brothers or AIG were, it was still something of a shock on Monday when MF Global Holdings Ltd. went belly up.