Laura Valean is an Executive Editor with Commercial Property Executive and Multi-Housing News. She has a 12-year background in broadcast media and joined the CPE-MHN team in 2016. Laura edits in-depth stories on key trends shaping the commercial and multifamily real estate industries, coordinating a team of experienced writers. She also hosts award-winning podcast shows for both brands, including Mission Success: Women in Multifamily, NAA Insights, FTI Experts’ Hub, RICS Monitor and CREW Up.
Laura holds a B.A. in Journalism and an M.A. in Media Management. She can be reached at📧 laura.valean@cpe-mhn.com
Twin Cities Development: Mixed Outlook
The Opus Group’s Matt Rauenhorst and Nick Murnane evaluate the Twin Cities’ multifamily landscape and discuss the challenges developers face in a market with good demographics.
Affordable South Boston Community Receives $33M Loan
MassHousing closed on the financing, as Madison Park Development Corp. aims to extend Haynes House’s affordability and begin significant renovations at the 131-unit property.
Taking Advantage of Opportunity Zones: A Lesson From SLC
PEG Cos.’ Matt Hansen reveals details about Utah’s first project built in a designated opportunity zone. He also describes how the 195-unit Paperbox fits in the metro’s strong multifamily market.
Charlotte Multifamily Report – Summer 2019
Despite a strong wave of deliveries over the past five years, the metro’s rents increased by 3.4 percent year-over-year, well above the national average.
Adaptive Reuse Project in Kansas City Lands $33M Loan
The redevelopment of the former Commerce Bank Executive Office building in downtown Kansas City, Mo., will create a 184-unit community. Berkadia originated the financing.
HTG Completes 4th Community in Miami-Dade County
The affordable housing developer finished work on Princeton Park, a 150-unit income-restricted property. The Florida Housing Finance Corp. provided part of the financing for the $36 million project.
JV Buys 624-Unit Asset in Missouri
The new owner intends to spend $13.8 million on renovating the 1997-built community in Kansas City. GoldOller Real Estate Investments sold the property after almost seven years of ownership.
Standard Communities to Renovate 128 Affordable Units in the Bay Area
The company acquired Parkside Villa Apartments and Rockwell Manor Apartments in Fairfield, Calif., and intends to invest $7 million in upgrades at both properties.
New Minneapolis Community Trades for $25M
Roers Cos. sold Mezzo, a 110-unit property in the city’s Arts District. JLL originated a $16.2 million loan for the new owner.
Making the Case for Affordable Housing Investment
Turner Impact Capital Founder Bobby Turner, an investor who joined forces with A-list celebrities like Eva Longoria for socially impactful projects, shows how deploying capital in affordable workforce housing can yield market-level returns.