Lucia Morosanu

278 POSTS
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

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

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

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

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

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

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

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

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

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

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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