Laura Valean
Laura Valean is an Executive Editor with Commercial Property Executive and Multi-Housing News. She has a 12-year background in broadcast media and joined the CPE-MHN team in 2016. Laura edits in-depth stories on key trends shaping the commercial and multifamily real estate industries, coordinating a team of experienced writers. She also hosts award-winning podcast shows for both brands, including Mission Success: Women in Multifamily, NAA Insights, FTI Experts’ Hub, RICS Monitor and CREW Up. Laura holds a B.A. in Journalism and an M.A. in Media Management. She can be reached at📧 laura.valean@cpe-mhn.com
Bloomfield Capital Funds Retail Loan
A Nashville, Tenn., real estate development firm sponsored a $3.2 million senior bridge loan for the refinance and renovation of a 30,000-square-foot retail center in greater Nashville.
PAC Lands SC Shopping Center
The corporation acquired Irmo Station in Columbia, S.C., through a subsidiary, using a $10.7 million mortgage loan. A Kroger grocery store anchors the 99,000-square-foot retail asset.
Salt Lake City Demand Outpaces Insufficient Supply
Driven by robust population growth and low unemployment, Utah’s largest city is rapidly expanding, generating healthy housing demand, according to Yardi Matrix.
Historic KC Building Comes Back to Life
East 9 at Pickwick Plaza, a mixed-use development in downtown Kansas City, Mo., opened its doors. UC Funds and Gold Crown Properties completed the $57 million renovation in less than two years.
Attorney Hugh Finnegan Joins Romer Debbas as Partner
With more than three decades of experience, Hugh Finnegan will also serve as co-manager of the firm’s commercial real estate department, focusing on enhancing the company’s lending platform.
WPG to Revamp Indiana Mall
Washington Prime Group intends to spend $17 million on the transformation of Markland Mall into a hybrid shopping center, which incorporates both enclosed and open air spaces.
German Automotive Supplier to Invest $69M in SC Plant
IFA will build a 234,000-square-foot manufacturing facility in Summerville, S.C. The company intends to create more than 120 jobs in the coming years.
AmbioPharm Invests in $18M Expansion
The biopharmaceutical manufacturer will create 100 jobs to accommodate growth in Aiken County, S.C. The expansion project will add 50,000 square feet to the company’s existing facility.
SC Metal Processer to Invest $13M in Plant Expansion
Kloeckner Metals intends to add 50,000 square feet to its existing Greenville County operations. The Georgia-based company will create 19 jobs.
HFF Facilitates $16M Sale of NC Site
Managing Directors Justin Good and Jeff Glenn together with Senior Director Allan Lynch represented Wells Fargo Bank in the sale of a roughly 19-acre site in Raleigh, N.C., to DeWitt Carolinas Inc.