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 writes and edits in-depth stories on the hottest topics in the real estate industry, but she is also the host of award-winning podcast shows for both brands. Laura holds a B.A. in Journalism and an M.A. in Media Management.
📧 laura.valean@cpe-mhn.com
CBRE Facilitates $42M Financing for Durham-Area Acquisition
Steve Heffner, Nate Sittema and Kristen Reilley from the company’s Charlotte office secured the Fannie Mae loan on behalf of the buyer, Centennial Holding Co.
Prudent Growth Fetches 110-Unit NC Asset
Senior Investment Advisor Nathan Vaughan of Waterstone Multifamily Group brokered the transaction, which marks the company’s first acquisition in the eastern part of the state.
Pinnacle Completes Miami Mixed-Income Community
The company delivered Pinnacle Heights, a 109-unit community largely designated for residents earning 60 percent or less of the area’s median income. The $35 million property also includes a few market-rate apartments.
Affordable Community to Replace Former MA Mill
MassHousing closed on $17.1 million in financing for the development of a 102-unit affordable housing community in Lawrence, involving the preservation of a former industrial property and remediation of a brownfield site.
CDP Opens First Permanent Supportive Housing in CA
The firm led an $18 million renovation of an old hotel into The Orchard, which offers 72 units that will house chronically homeless individuals and small families in Santa Ana.
Integrity Housing Welcomes Ruby Dhillon as VP
The development expert will spearhead the company’s efforts to source and evaluate new investment opportunities. Prior to joining Integrity, Dhillon served at Newport Partners.
Hunt Provides Loan for 152-Unit SC Property
The funding is for the purchase of Huntington Apartments, an 11-building community built in 1979 and located within the Greenville-Anderson-Mauldin MSA.
Upscale 469-Unit Community Debuts in NJ
Hartz Mountain Industries opened The Harper at Harmon Meadow. The three-building property is part of a 3.5 million-square-foot, mixed-use development in Secaucus.
Partnering to Preserve Affordable Housing
Enterprise Community Investment President & CEO Charles Werhane and Community Preservation and Development Corp. President & CEO Michael Pitchford spoke with MHN about their plans to tackle challenges in the Mid-Atlantic.
The Carolinas in 2018: What to Expect
ARA Newmark Vice Chairman Dean Smith spoke with MHN about the type of investors the region will likely attract in 2018, as well as which submarkets will capture developers’ attention.