Diana Firtea is an associate editor with Commercial Property Executive and Multi-Housing News. She has been with the company for almost four years and joined the CPE-MHN team in 2022. Diana writes stories on different topics, mainly focusing on the affordable, senior, office and retail markets. You can reach out to her at [email protected].
The GreenPoint Rated development comprises 100 units.
Fifth City will be developed in accordance with Passive House principles.
NewPoint Real Estate Capital provided the Freddie Mac financing.
Right Quest sold the 264-unit property.
The owner will invest $8 million in renovations.
Inspired Real Estate Partners purchased the 250-unit property for $40 million.
The development involved the conversion of an illegal hotel.
The 227-unit property will come online in 2024.