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.
Home Improvement Platform Emprove Launches in Vegas
The platform aims to provide transparency between renters and contractors, enabling the users on both ends to engage openly about what projects they create and bid on.
Wilshire Unlimited Enters Vegas Market With $21M Buy
The company will apply a value-add strategy to the community, which is in need of upgrades and currently has 16 units down due to deferred maintenance.
NexMetro Sells First Phoenix-Area Community
Avilla Palm is a hybrid development, with the physical separation and private backyards of single-family homes and the centralized management of multifamily assets.
JPI Continues Dallas Development Streak
The company’s Jefferson West Love community will include 200,000 square feet of office space and 65,000 square feet of restaurant and retail, as well as a 244-key Aloft and Element hotel.
On the Market: 5 Interesting Listings for the Week of 6/11
This week’s listings include a rehabilitated historic asset in St. Louis and a newly constructed community in Las Vegas’ Spring Valley.
Akara Partners Buys Land for Downtown Phoenix Tower
The project, Kenect Phoenix, is set to comprise 320 units across 23 stories, and feature multiple rooftop amenities, as well as 8,000 square feet of ground-floor retail.
Thalhimer Begins Next Phase of Richmond Adaptive Reuse Project
The company acquired the 18-acre lot in 2013. City View Marketplace is set to include 161 units and 13,270 square feet of commercial space.
JLL Income Property Trust Buys Upscale Dallas Asset
The garden-style community is situated within a 2,665-acre, master-planned development, which employs around 100,000 people. JLL Income Property Trust now has a portfolio of more than 2,500 units.
On the Market: 5 Interesting Listings for the Week of 6/4
This week’s listings include an upscale community six miles from the Las Vegas Strip, a privately owned property in Phoenix’s growing South Mountain Village area, and more.
Dalan, VM Management Buy 138-Unit Phoenix Asset
The previous owner acquired the property in 2015 for $10.7 million and renovated it extensively before placing it back on the market.