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
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.
Historic Buffalo Community Receives Freddie Mac Refi
A Community Preservation Corp. subsidiary closed on a $2.4 million small balance loan for Houk Lofts, a 22-unit property.
Affordable Housing Project Breaks Ground in Oregon
Developer BRIDGE Housing has started work on 61 apartments for low-income families in north and northeast Portland. The property will accept Section 8 vouchers.
Orlando Multifamily Report – Spring 2019
With more than 12,000 units underway as of March, apartment demand―driven by solid population gains and an expanding job market―continues to increase.
Virginia Community Lands $30M Grant
The federal funds will go toward redeveloping the 256-unit Ridley Place public housing and the surrounding neighborhood. Pennrose is the master developer of the project.
Affordable Housing Is a National Math Problem
Financing the development and preservation of low-income units is a challenge in today’s dynamic marketplace, so private organizations are taking matters into their hands.
Top 5 Summer Community Events
These kinds of gatherings bring residents together during the upcoming hot season. Try these if you’re a property manager and see how they impact resident retention.