Affordable Housing - Mid-Atlantic

Top 10 Apartment Owners in Richmond
After lagging the nation for most of 2017, rent growth in the city started rebounding last December. Upscale demand is driven by large commitments made by tech companies in the area, bringing in new multifamily construction.
Market Rate
Avanath Buys 3 Affordable Communities in NJ, MD
Through its Affordable Housing III fund, the company bought two properties in Upper Marlboro, Md., and one in Wharton, N.J., with plans to upgrade the assets.
Affordable
Community Preservation Partners Buys Richmond Affordable Community
The company plans to rebrand the 216-unit Midlothian Village Apartments as The Belt Atlantic and invest $9.7 million into the property’s renovation.
Affordable

Cities

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    WinnCos. Completes Largest DC Community Solar Project

    The District's Department of Energy and Environment awarded the firm a grant from its Solar for All program, which the company used to install a 651 kW rooftop facility at Atlantic Terrace Gardens.

    09 March 2018 15:40

  • NHPF Lands $45M Affordable DC Asset

    Woodmont Crossing Apartments marks the nonprofit’s fifth purchase under Washington, D.C.’s Tenant Opportunity to Purchase Act. The new owner plans a $7.4 million upgrade of the 176-unit community.

    07 March 2018 15:07

  • Hunt Mortgage Arranges $5M for Philadelphia Asset

    The firm arranged for a seven-year fixed rate loan on behalf of MM Equity Partners Philly for the acquisition of the 30-unit Reach Lofts.

    02 March 2018 17:32

  • Insight Breaks Ground on 2 DC Communities

    The R.L. Christian Apartments has been in the works since 2013. Lockwood Apartments will be located within walking distance of Pennsylvania Avenue and two Metro stations.

    09 February 2018 15:04

  • On the Market: 5 Interesting Listings for the Week of 1/29

    This week's listings include a portfolio investment opportunity in Prince George's County, Md., a new development in the Irvington neighborhood of Portland and an affordable housing community in Dallas.

    02 February 2018 13:00

  • First Step to Expanding Affordable Housing: More Research

    Urban Institute Researcher Corianne Scally weighs in on the forces that are shaping affordable housing in 2018, and why the industry needs more evidence regarding the most efficient programs and solutions.

    30 January 2018 21:47

  • Partnering to Preserve Affordable Housing

    Enterprise Community Investment President & CEO Charles Werhane and Community Preservation and Development Corp. President & CEO Michael Pitchford spoke with MHN about their plans to tackle challenges in the Mid-Atlantic.

    30 January 2018 14:37

  • DCHFA Provides $11M Loan for Senior Community

    The agency has provided financing for the construction of the 65-unit Trinidad property. Neighborhood Development Co., Tennyson Ventures and The Ardent Co. are spearheading the project.

    19 January 2018 15:30

  • DCHFA Closes $11M Deal to Fund DC Affordable Community

    The agency issued $11.3 million in bond financing for the preservation of 94 affordable units at Maplewood Apartments in the southeast quadrant of the nation's capital.

    18 January 2018 20:52

  • Enterprise Community Investment Combines With CPDC

    The deal represents an opportunity for the companies to improve access to affordable housing at a time when prices are rising and credits are limited.

    18 January 2018 18:16

  • Out-of-State Investor Grabs Baltimore Apartments

    Sage Management sold the 56,000-square-foot Windsor Arms in a deal facilitated by SVN REALSITE. The community includes market-rate and subsidized units.

    12 January 2018 15:04

  • Affordable VA Community Receives Preservation Deal

    Standard Communities and the National Foundation for Affordable Housing Solutions acquired Park Shirlington in Arlington. Designed for low-income families, the property includes 294 units.

    10 January 2018 18:58

  • CBRE Brokers Sale of 244-Unit Affordable VA Community

    EBEX Holdings and FriedLam Partners purchased Ashton Heights in Roanoke. Jeff Kunitz and Alex Medeiros of CBRE Affordable Housing, together with Charles Wentworth and Peyton Cox of CBRE Richmond, arranged the sale.

    10 January 2018 15:47

  • Affordable MD Townhomes Undergoing $14M Rehab

    Seventy-five of the units in Scotland Community will receive both interior and exterior renovations, with funds provided by the Low Income Housing Tax Credit.

    19 December 2017 16:32

  • The Wren Breaks Ground in DC

    The nearly 300,000-square-foot mixed-use building will include a ground-level Whole Foods store and 433 residential units, of which 132 will be affordable.

    04 December 2017 18:52