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.
Alliance Residential Opens 323-Unit Community in Charlotte
The developer has four additional projects under way in this market.
Crescent Communities Opens Denver-Area Community
UMB Bank provided a $39 million construction loan for NOVEL White Fence Farm’s development.
NRP Group, H.I.G. Break Ground on Dallas-Area Project
Santander Bank provided a $53.7 million construction loan.
Banner Sells 400-Unit Community Near St. Louis
The property previously changed hands 17 years ago for $35.6 million.
Sutphin Boulevard Equities Lands $142M for Queens Project
Slate Property Group provided the floating-rate loan.
Mill Creek Breaks Ground on 408-Unit Houston Community
The developer aims to bring the first units online in late 2024.
CPP, Hampstead Buy Fully Affordable Utah Community
The new owners will implement interior and exterior renovations.
Venterra Pays $80M for Orlando-Area Asset
Newmark provided a $45.1 million Freddie Mac loan for the purchase.
Brixton Buys $82M Community in Downtown Phoenix
CBRE Capital Markets secured $47.3 million in acquisition financing.
Gardner Tanenbaum Lands $63M Refi for Oklahoma Conversion Project
Two historic buildings in downtown Oklahoma City will be transformed into 265 multifamily units.