Lucia Morosanu

304 POSTS
Lucia Morosanu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.

Phoenix-Area Property Changes Hands for $12M

Dougherty Mortgage originated a $9.5 million Fannie Mae loan for the acquisition of the 120-unit Tuscano Village in Glendale.

Berkshire Acquires Recently Completed MN Community

The Park Off Central is located less than 20 miles from Minneapolis and St. Paul. The new owner is set to rebrand the 191-unit asset.

Central FL Portfolio Trades for $28M

29th Street Capital purchased The Park at Avilla and The Park at Pienza in Brandon using $20.3 million in Freddie Mac loans. ResProp Management is the new manager of the properties.

Wood Partners Breaks Ground on Denver-Area Project

The 260-unit Alta Green Mountain in Lakewood is slated for completion this August. The project is less than 3 miles from Denver Federal Center.

Mill Creek Residential Kicks Off VA Mixed-Use

The lifestyle center taking shape in Falls Church will include 394 apartments and 90,000 square feet of retail space, slated for completion in the summer of 2021.

Suburban Dallas Community Receives Supplemental Loan

Dougherty Mortgage secured a $3 million loan for the 134-unit Landen in Irving, Texas, which complements the existing acquisition financing.

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.

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