Russo sells 111-unit loft-style rental property in Verona for $56 million, CBRE says

Russo Development has sold a 111-unit multifamily property in Verona that it completed as part of an adaptive reuse of a historic factory building, in a deal arranged by CBRE.

Russo, Dinallo debut loft-style rentals at historic Verona flag factory

Russo Development and Dinallo Construction Corp. have completed their rehabilitation of a onetime flag factory in Verona, delivering 52 new loft-style apartments alongside a newly built, 60-unit sister building next door.