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
Greysteel Brokers Sale of DC Regenesis Portfolio
The five affordable properties include 482 units. President & CEO Ari Firoozabadi, Managing Director Kyle Tangney and Senior Investment Associate Alicia Orkisz arranged the transaction.
Integrity Opens CA Senior Housing
In partnership with Mayans Housing Corp., the firm has debuted an 84-unit community in Pomona. Of the units, five will be reserved for veterans.
Cush & Wake Brokers Sale of 294-Unit KY Community
Mike Kemether and Craig Collins of Cushman & Wakefield represented the seller, Stratford Asset Management Co., in the $25.5 million transaction. RealSource Properties acquired the property, Breckinridge Square.
HTG Opens 96-Unit Affordable FL Community
The developer invested $18.5 million in Freedom Gardens, a four-building project in the Central Florida city of Brooksville. HTG currently has four affordable communities under construction in the state.
PAC to Invest $18M in NC Multifamily Asset
The aggregate loan will be used by Oxford Properties to develop a 338-unit community in Charlotte. The investment comes with an option for PAC to acquire the asset following stabilization for a convenient sum.
Supportive Housing Coming to Brooklyn
Comunilife and NYC Health + Hospitals broke ground on a $28 million, 89-unit community that will provide housing to low-income residents and individuals with behavioral health issues.
Electra America Snags Fourth Tampa Community
Starwood Capital sold Northgreen at Carrollwood, a 438-unit luxury asset. Berkadia’s South Florida and Philadelphia teams arranged a $39.8 million Fannie Mae loan.
Green Bridge Closes Bulk Cleveland Sale
Investment Group purchased the assets for $2.9 million. The 90-unit portfolio will undergo a renovation process, estimated to cost between $100,000 and $300,000.
Habitat Lands, Assumes Management of Chicago Asset
The multifamily developer and property manager purchased and assumed property management of Eastwood Garden, an affordable community in the Englewood neighborhood. The company will manage two other properties in the Chicago area.
Palo Alto Housing Unveils Revitalized Affordable Asset
Colorado Park Apartments reopened after a $31.9 million renovation. The property is the oldest in the non-profit agency’s portfolio.