Vicentiu Fusea is an associate editor with Commercial Property Executive and Multi-Housing News. He has joined the CPE-MHN team in 2023. Vicentiu writes stories mainly focusing on the student housing, office and MOB markets. You can reach out to him at vicentiu.fusea@cpe-mhn.com.
Royal Palm JV Breaks Ground on Landmark Project Near Orlando
Last month, the developers obtained an $86 million construction financing package.
GMD Development JV Lands Financing for Seattle Affordable Community
Scheduled for completion next spring, Victory Northgate will feature 182 apartments.
Cardinal Group Buys Student Community for $31M
MetLife provided the acquisition financing.
Three Pillars Expands Houston Footprint With 288-Unit Buy
The firm financed the acquisition with a $19.1 million note.
L3 Campus Buys 764-Bed Student Community in Orlando
QuadReal Property Group provided an $83 million acquisition loan.
Fortune Holdings Pays $50M for Charlotte Trio
This was Charlotte’s largest Class C portfolio transaction by unit count and total amount executed year-to-date.
Resia Opens 336-Unit Dallas Community
Fifth Third Bank and Pearlmark provided financing for the project.
Equity Residential Sells Metro DC Asset for $49M
The 162-unit property previously traded more than a decade ago.
SHR Resi Completes Atlanta Luxury Community
The firm took out a $51 million construction loan for this development.
Muinzer JV Buys Alabama Student Community
This marks the company’s first acquisition in the Auburn University submarket.