Adriana Pop is a senior editor with Commercial Property Executive and Multi-Housing News. She joined CPE and MHN in 2012, with an academic background in economics, English and Italian. She currently curates the CPE Sneak Peek newsletter, highlighting noteworthy stories and emerging topics for readers. Connect with her at adriana.pop@cpe-mhn.com or on LinkedIn: https://www.linkedin.com/in/ioana-adriana-pop-811772108/.
MD Multifamily Buyer Lands $34M Financing
The first mortgage bridge loan provided by Hunt Real Estate Capital financed the acquisition and planned renovations of a 208-unit community in Pikesville, Md.
Mixed-Use Picks Up Steam in Philadelphia
Despite the recent spate of multifamily deliveries, occupancy remained high across the metro, reflecting the market’s capacity to rapidly absorb new product.
LA Senior Communities Receive $19M Mortgage Financing
The funding, obtained through the company’s bond purchase program, will be used for the acquisition, rehabilitation and permanent financing of three affordable developments.
Investcorp Snags Phoenix Community for $50M
The 582-unit Tuscany Palms in Mesa, Ariz., last traded in 2014, when P.B. Bell paid $29.5 million for its acquisition.
Q&A: Commercial Bridge Loans in 2017
Bob Sullivan, a partner in Alston & Bird’s Finance Group, discusses the current trends in this niche market, which offers flexible arrangements as an alternative for short-term financing.
WC Smith Lands $183M Refi Through Green Certification Program
The company is using the loans, originated by Walker & Dunlop, to refinance Park Chelsea and 2M, two LEED-certified communities in Washington, D.C.
Peak Campus, Blue Vista Capital Team Up in 2 College Towns
The developers plan a fall 2018 opening for student housing projects serving Syracuse University and North Carolina State.
Milhaus Appoints New President
James Benning is tasked with growing the company’s construction division.
Affordable Housing Community in Philly Changes Hands
HFF worked on behalf of PV Associates to market and sell the 41-unit property.
Mill Creek Residential Hires New CFO
David Linn Reynolds brings 28 years of experience in debt and equity capital markets.