Lucia Morosanu

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

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.

Weidner Sells Phoenix Community for $37M

Weidner Apartment Homes sold Monterra Apartments Homes for $37.2 million after almost a decade of ownership. The buyer financed the acquisition through a loan.

Baltimore Asset Trades in 1031 Exchange

An out-of-state investor acquired Preston Place, a 10-unit property in the Mt. Vernon neighborhood, as part of a 1031 Exchange.

Greysteel Brokers Sale, Loan for New TX Community

A partnership including developer Rise Residential Construction has sold the 176-unit Majors Place in Greenville less than one year after its completion.

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