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

Security Properties to Rehab Illinois Community

The Seattle-based company closed on University Village, a 534-unit affordable housing development in DeKalb, Ill. The new owner will renovate the property, which will maintain its affordable status for at least the next 15 years.

Construction of $62M Cleveland Tower to Start in June

Stark Enterprises Inc. and Solon-based real estate investor Reuven Dessler plan to break ground on the 26-story tower in less than three months.

Rivergate KW Residential Grows Carolinas Team

Jennifer Ipock will oversee operations for a portfolio of communities throughout the Carolinas.

Huntington Commits $150M to Ohio Affordable Housing

The investment brings the bank’s investment, in partnership with Ohio Capital Corp. for Housing, to more than $500 million since 2010.

PRG Lands Second KC Multifamily Community

The Reserve at Barry Apartments is a 690-unit property located within close proximity to major employers in the area.

Waypoint Residential Adds 3 VPs

Daniel Price, Karen Kasteel and Andreea Paraschivoiu are taking senior roles at the investment firm.

Mission Rock Adds 1,044 Units to Management Portfolio

The Denver-based company has expanded in the Colorado, Arizona and Nevada markets.

BSR Trust Enters Northwest AR Market

The company purchased Mountain Ranch Apartments, a 360-unit community in Fayetteville.

Tremont Realty Capital Structures $3M Acquisition Financing

An affiliate of Nodel Parks LLC acquired three Alabama properties for a combined purchase price of $4 million.

KIG Expands Chicago Team

The firm added Marissa Pellegrini as sales director and promoted Jason Stevens to senior sales director.