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 diana.firtea@cpe-mhn.com.
Fairfield Pays $26M for Richmond Affordable Asset
The age-restricted community is part of the LIHTC program.
Annex Group Plans Charlotte Affordable Community
The $44 million project is slated for completion in 2025.
Greystone Arranges $11M in Financing for Oregon Asset
Shepard Investment Group acquired the property for $24.5 million.
Xenolith JV Breaks Ground on $50M Brooklyn Affordable Community
The Rise will provide wellness, health, legal and employment services, while showcasing a climate-friendly design.
Bronx Affordable Community Opens Doors
The $178 million development is the largest Passive House project in North America.
Security Properties Pays $33M for Inland Empire Affordable Asset
The property commanded a significantly higher price tag than when it traded only two years ago.
FPA Multifamily Buys $96M Philadelphia Asset
JLL Capital Markets represented the seller of the 352-unit property.
Affordable Community, Homeless Services Center Open in East Bay
The project represents the single largest infusion of low-income and affordable housing in Berkeley’s history.
TPA Residential Completes Atlanta Class A Community
The two-building property received a $28.6 million construction loan in 2020.
Bainbridge Cos. Wraps Up Orlando Luxury Community
The developer financed the project’s construction with a $43.8 million loan from Synovus Bank.