Tudor Scolca-Seușan is an Associate Editor with Commercial Property Executive and Multi-Housing News. He joined CPE and MHN in 2017 and is passionate about doing research for the two publications. He is responsible for data center and industrial coverage on CPE, writing seasonal metro reports on multifamily, interviews and features, as well as occasionally editing news stories.
Dalzell Expands in Philly With $19M Luxury Portfolio
The portfolio comprises recently completed or renovated assets, all located within minutes from Center City’s employment opportunities, shopping, dining and entertainment destinations.
Rittenhouse Realty Facilitates Sale of Philly Luxury Property
The new building features several interior and exterior high-end amenities and provides residents with immediate access to the city’s busiest areas.
On the Market: 5 Interesting Listings for the Week of 7/30
This week’s selection includes a vintage community in Newport News, Va.; a new luxury development in Brooklyn; and more.
Wood Partners Opens Luxury Property in Phoenix
The newest community to join the company’s Alta brand is near multiple employment hubs within the metro and features a high-end amenity package.
Southern Land Sells 28-Story Tower in Downtown Philly
The 3601 Market luxury tower, which opened its doors in 2016, is LEED Silver certified. The community also features 13,600 square feet of retail and restaurant space.
On the Market: 5 Interesting Listings for the Week of 7/23
This week’s listings include a spacious community in west Portland, a 196-unit community just outside of central D.C. and more.
NETGEAR Introduces the Arlo Doorbell and Chime for Smart Homes
The alternative to traditional doorbells can be customized and controlled via a free app. The company also offers a subscription plan that unlocks advanced security features, such as an e911 service.
Hunt Mortgage Provides $11M for Phoenix Community
The loan also includes a $1.6 million future funding commitment designated for capital improvements at the 104-unit Regency Park Apartments.
PA Community Changes Hands for $12M
The transaction is representative of the strong demand for multifamily assets in the Harrisburg-Carlisle MSA, a growing alternative market, according to Rittenhouse Realty Advisors.
Sundance Capital Group Buys Phoenix Asset
The 90-unit garden-style community last changed hands in 2016. The new owner intends to bring additional interior and exterior upgrades.