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
TX Community Lands Fannie Mae Refi
Dougherty Mortgage arranged the financing for Tribecca Pointe Apartments, a 178-unit property in Hurst, Texas. The 12-year loan has a 30-year amortization schedule.
Affordable Boston Communities Land $11M Loan
East Boston Community Development Corp. plans to extend the affordability of 111 units in the eastern part of the metro. MassHousing arranged the transaction.
Gaudenzia Completes Philly Affordable Housing Project
Designed by Cecil Baker + Partners for families battling addictions, the 24-unit community is now open for residents that are transitioning from treatment to independent living.
Luxury Condo Building Breaks Ground on Okaloosa Island
Crossgate Partners and Olson Land Partners have begun construction of Blu, a 47-unit community in northwestern Florida. ResortQuest Real Estate is leading the sales and marketing efforts for the development.
BRIDGE Adds 200 Units to CA Affordable Housing
The nonprofit opened the second phase of Ivy at College Park, a $41.6 million project that includes a total of 335 units in San Bernardino County.
Hunt Mortgage Provides Refi for LA-Area Community
The company worked on behalf of The Highlander Group to secure a $5.2 million Freddie Mac loan for Candlewood Apartments, a 43-unit affordable property in Whittier.
CBRE Arranges $57M Financing for 837-Unit Portfolio
Bill Chiles, Scott Peterson and Brian Cruz of CBRE’s San Diego office worked on behalf of Strata Equity Group, which purchased three properties in North Carolina, South Carolina and Kentucky.
Agrihoods: A Food-Real Estate Symbiosis
When agriculture meets the real estate industry, a new type of housing community blossoms. Especially embraced by Millennials, agrihoods are America’s latest kind of neighborhoods. Developers already feel that investing in such projects has helped raise sales rates, absorption and revenues.
Iconic Cleveland Building Changes Hands for $40M
Institutional Property Advisors, a division of Marcus & Millichap, brokered the sale of the 295-unit Statler Arms. Michael Barron, Joshua Wintermute and Daniel Burkons represented the buyer.