Affordable Housing - Mid-Atlantic
Cities
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Enterprise Homes Triples Footprint with Mid-Atlantic Buy
Acquired from The Shelter Group, the portfolio comprises 43 communities in Pennsylvania, Maryland and Virginia. Enterprise plans to keep the properties affordable.
07 August 2017 15:44 -
$43M DC Affordable Community to Open Next Spring
Portner Flats will bring 96 affordable units to the popular U Street Corridor in Northwest, D.C. The project is a public-private partnership between the District, Somerset Development, Jonathan Rose Cos., New Community Partners and other entities.
03 July 2017 13:57 -
Long-Awaited VA Housing Project Breaks Ground in MD
First announced in 2011, the Perry Point development will bring 75 subsidized, newly renovated and newly constructed units for at-risk and formerly homeless veterans.
18 May 2017 14:33 -
BHC Breaks Ground on Affordable VA Community
The company is converting the former Citadel of Hope, a Colonial property built in 1923, into apartments for working families. Called The Goodwyn at Union Hill, the asset includes the renovated historic school building, in addition to five new buildings.
17 May 2017 15:24 -
Baltimore Affordable Community Reopens After $27M Rehab
Enterprise Homes, HUD and other stakeholders teamed up on an extensive makeover of The Allendale, a 164-unit West Baltimore property serving seniors and disabled adults.
10 May 2017 14:13 -
WC Smith Lands $183M Refi Through Green Certification Program
The company is using the loans, originated by Walker & Dunlop, to refinance Park Chelsea and 2M, two LEED-certified communities in Washington, D.C.
05 April 2017 16:45 -
PAC Buys Recently Built Virginia Community
The company purchased Founders Village, a 247-unit community in Williamsburg, Va., and financed the acquisition using a portion of the proceeds from a 1031 exchange sale.
05 April 2017 14:09 -
NHP Foundation Acquires DC Affordable Housing for $16M
Located in the gentrifying Brightwood section of Northwest Washington, D.C., Takoma Place consists of 105 units in seven buildings.
30 March 2017 14:19 -
Greysteel to Market B’more-Area Affordable Community
The commercial real estate investment services firm has been retained as exclusive advisor and agent for the sale of Portside Apartments in Dundalk, Md.
30 March 2017 09:35 -
Greysteel Leads Sale of DC Affordable Community
The 105-unit Tacoma Place changed hands for $14 million.
22 March 2017 18:57 -
Berkadia Leads $32M Sale of Reston Community
New York-based Pantzer Properties bought the 200-unit community.
22 February 2017 14:24 -
Baltimore Mixed-Use Project Lands $56M Financing
The total cost of the 262-unit development is estimated at $80 million.
08 February 2017 15:52 -
DC-Area Community Changes Hands in $55M Deal
The property last traded for $6.6 million, nearly two decades ago.
06 February 2017 14:20 -
Hunt Mortgage Partners Secures Financing for VA Affordable Housing
The loan has an 18-year loan term, with two-years interest-only payments and a 35-year amortization schedule beginning in year three.
28 December 2016 16:55 -
Affordable Community in DC Changes Hands
The 80-unit Brookland Place is Wesley Housing Development's first acquisition in the District.
29 November 2016 10:05