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
Affordable FL Community Lands $7M Financing
Walker & Dunlop arranged a 35-year loan for William Booth Towers, a 168-unit, age-restricted property west of Orlando’s central business district.
SkyHouse Uptown South Tower to Open in Charlotte, NC
Novare Group and Batson-Cook Development Co. are nearing completion of the community’s second phase. The 24-story building will open June 22.
DC Asset Changes Hands for $3.5M
Marcus & Millichap closed the sale of Gresham House, a 15-unit community in the Columbia Heights neighborhood of Washington, D.C. The property includes 3,358 square feet of retail and office space.
Canadian Developer Lands $50M Florida Community
Cushman & Wakefield negotiated the sale of Cottage Cove, a 468-unit asset in Miami, Fla., on behalf of TM Real Estate Group.
Laurel Street Celebrates Opening of NC Community
The multifamily developer finished work on 757 North, a four-story residential project downtown Winston-Salem. The first residents are expected to move in by July 1.
PAH Breaks Ground on $33M Silicon Valley Affordable Housing
Eagle Park Apartments will be a 67-unit community which will house low-income veterans and households earning up to 60 percent of the Santa Clara County area median income.
BRIDGE Housing Breaks Ground on $1B Revitalization
The firm and Los Angeles’ Housing Authority started work on a community that will transform the Jordan Downs housing project in Los Angeles. Phase I will add 115 affordable units.
Greystone, Winterwood Reopen KY Affordable Housing
Following a complex statewide pooled tax-exempt bond transaction totaling $65 million, the companies reopened 18 remodeled affordable housing communities across 14 counties.
Affordable Housing Finance Veteran Joins Jonathan Rose
As West Coast director, Kelly Boyer will work with the company’s New York-based acquisitions team, sourcing new investment opportunities on the West Coast, including direct investments and joint ventures, as well as managing operating partner relationships.
Durham Liberty Warehouse Trades for $69M
East West Partners sold the asset to a New York-based investment company. The former brick warehouse has been transformed into a 247-unit residential project that also includes 24,000 square feet of retail space.