Posts by Lucia Morosanu
Lucia Morosanu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.
Hilltop Residential JV Buys 399-Unit Asset in DFW
February 25, 2019
The Class A Watervue last changed hands in 2012, as part of a portfolio deal. The new owners plan to invest in interior improvements.
SoCal Asset Sells for $20M
February 21, 2019
The 98-unit Villa Capri in Escondido benefited from an acquisition loan originated by Aetna Life Insurance Co. IPA represented the seller and procured the buyer.
NC Rental Property Trades for $21M
February 19, 2019
A local investor sold Village 1373 in Greensboro after more than 11 years of ownership. Hunt provided the buyer a $21 million acquisition and renovation loan.
FCP Expands Atlanta-Area Portfolio With $30M Buy
February 15, 2019
Hercules Real Estate Services sold the 210-unit Chroma Park in Austell, Ga. The new owner plans to invest in capital improvements on buildings, amenities and interiors.
197-Unit DC Property Changes Owner
February 14, 2019
Strategic Realty Holdings acquired Highland Ridge in Capitol Heights, Md. Greysteel facilitated the $22.1 million deal on behalf of the seller and procured the buyer.
NorCal Asset Trades for $18M
February 12, 2019
Paradise Apartments in Chico changed hands for $110,976 per unit. The Mogharebi Group worked on behalf of both parties in the transaction.
Affordable Buffalo Community Scores Construction Financing
February 8, 2019
Elim Townhomes received $12.1 million in construction financing from KeyBank. The community will reserve five units for individuals with physical, hearing and vision impairments.
MassHousing Provides $14M Renovation Loan for Boston Community
February 6, 2019
Boston Housing Authority selected Beacon Communities to oversee the rehabilitation and preservation of Camden Apartments, a 72-unit affordable property.
LA Community Sells for $26M
February 1, 2019
An institutional investment fund purchased Morton Gardens, a 66-unit community in the city's Echo Park neighborhood.
Westmount Realty Capital Sells Metro Dallas Property
January 28, 2019
MBP Capital Inc. acquired Westmount at the Colonnade, a garden-style community that had recently undergone a $1.4 million renovation.
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