wanting Custom Post type to display on home page with image

Hi Everyone I hope that you can help me clean up this code. I got it working but there just has to be an easier way.

I am trying to display each custom post type with the featured image in a grid on the home page template. Below is the example of my “portfolio” and “testimonial” CPT.

I start a query, loop it, and then end it; and start another query for the different post type.

<?php
// The Query
$query = new WP_Query( array('post_type' => 'portfolio','posts_per_page' => 1));

// The Loop
if ( $query->have_posts() ) {
	while ( $query->have_posts() ) {
		$query->the_post();
		}

?>
  <div id="transitions_panel_wrapper">
    <div class="condense" id="transition_1">

          <h2><?php the_title(); ?></h2>
          <p> <?php if ( has_post_thumbnail()) : ?>
          	<a href="<?php the_permalink(); ?>" title="<?php the_title_attribute(); ?>" >
           	<?php the_post_thumbnail(); ?>
          	</a>
         	<?php endif; ?>
         	</p>
			<p><?php the_excerpt()?></p>
    </div> <!--end #transition_1-->
			<?php
            } else { // no posts found
            }
            /* Restore original Post Data */
            wp_reset_postdata();
            ?>

            <?php
// The Query
$query = new WP_Query( array('post_type' => 'testimonial','posts_per_page' => 1));

// The Loop
if ( $query->have_posts() ) {
	while ( $query->have_posts() ) {
		$query->the_post();
		}

?>
    <div class="condense" id="transition_2">
      <h2><?php the_title(); ?></h2>
          <p> <?php if ( has_post_thumbnail()) : ?>
          	<a href="<?php the_permalink(); ?>" title="<?php the_title_attribute(); ?>" >
           	<?php the_post_thumbnail(); ?>
          	</a>
         	<?php endif; ?>
         	</p>
			<p><?php the_excerpt()?></p>
    </div> <!--end #transition_2-->
			<?php
            } else { // no posts found
            }
            /* Restore original Post Data */
            wp_reset_postdata();
            ?>

<?php

Thanks for your help, I try to keep things simple