Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.
Portland Luxury Asset Sells for $24M
Kidder Matthews assisted C.E. John Co. in the disposition of a 51-unit high-end property located in the Alphabet District.
Affordable Senior Community Changes Hands in Baltimore
BCI Management paid roughly $8 million for the 100-unit property located in the Gwynn Oak submarket.
Savlan Capital Pays $28M for Jacksonville Community
The new owner plans to invest $4.3 million in interior and exterior renovations at the 332-unit property.
Daytona Beach Luxury Development Scores $29M Loan
The 256-unit community, now under construction, is said to be the first multifamily project in South Daytona in nearly 30 years.
Construction Underway at Georgia Student Housing Community
The 628-bed development, located across the street from the University of West Georgia, is slated for completion in fall 2020.
Construction Launches at Sarasota Luxury Condo Tower
GK Development commenced work on the 18-story building that will incorporate two existing structures dating from the 1920’s.
Berkadia Arranges $19M Financing for Charlotte Buy
Senior Director Brad Williamson and Senior Managing Director Mitch Sinberg secured the three-year, floating rate loan for the 202-unit asset.
Sonata Senior Living Adds Luxury Community to Portfolio
Providence One Partners completed the 128-unit assisted living and memory care facility in Kissimmee, Fla., in 2018.
CBRE Secures $34M Refi for Northern Georgia Luxury Community
Completed in 2019, the 266-unit multifamily property is close to of the University of North Georgia’s Gainesville campus.
Class B Tampa Community Trades for $37M
The partnership buying the asset assumed a $21.4 million Freddie Mac loan from the seller of the 356-unit community.