Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.
Sherman Associates Sells Minnesota Affordable Community
JLL represented the seller in its disposition of the historic property converted to residential use in 1980.
Essex Realty Brokers Chicago-Area Deal
The brokerage firm assisted both parties in the disposition of the 48-unit luxury asset in Lake Zurich, Ill.
Target Builders Secures $44M for Texas Development
The 376-unit, partially affordable project in San Marcos is slated for a 2022 completion.
JLL Secures $28M Refi for 2 South Dakota Assets
Senior Director Brock Yaffe led the team which arranged Fannie Mae financing for the Rapid City communities.
Hampstead Development Lands $28M for Salt Lake City Asset
The 80-unit senior community caters to residents earning 60 percent of the area’s median income.
Affordable DC Community Receives $67M in Financing
The building’s residents will use the loan to purchase and rehabilitate the 358-unit property in Ward 8.
1st Phase of $1B Los Angeles Redevelopment Completed
BRIDGE Housing started construction on the project’s first 115 affordable units in 2017.
Tryko Partners Expands Greater Philadelphia Portfolio
The company purchased a two-facility asset providing skilled nursing and personal care services in Springfield, Pa., its fourth investment in the region.
Orion Enters Utah Market With Provo Purchase
The company intends to invest more than $1 million in upgrades at the 115-unit community in Provo.
Sherman Residential Buys Upscale Charlotte Community
Faison & Associates developed the 64-unit property in the city’s Myers Park neighborhood.