Affordable Housing - Mid-Atlantic
Cities
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JBG Smith Affordable Housing Fund Closes at $115M
The final closing of the Washington Housing Initiative Impact Pool totals more than a dozen investors.
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Fully Affordable Community to Open Near Washington, DC
AHC Inc. broke ground on the 113-unit project in Alexandria, Va., in 2019.
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Mixed-Income Communities Open in Richmond’s Jackson Ward
The $30 million second phase of the revitalization project has 154 units designated for seniors and workforce housing.
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The Ingerman Group Sells Delaware Affordable Asset
The company cashed in almost $20 million for the 132-unit property in Dover.
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Starwood REIT Buys $645M of Affordable Housing
The trust managed by Starwood REIT Advisors has acquired two portfolios totaling 4,618 units in the Mid-Atlantic and Sunbelt regions.
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MidAtlantic Realty JV Lands $47M for Washington, DC Apartments
The project will be part of the first phase of a $700 million mixed-use, mixed-income NoMa redevelopment.
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Berkadia Secures $30M Refi for Affordable Maryland Asset
Fairstead acquired the property back in 2018 as part of a nearly $119 million deal.
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Standard Communities Names Mid-Atlantic Managing Director
Matt Sislen joins the company from Audubon Enterprises, an affordable housing advisory firm he co-founded in 2012.
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Partially Affordable Community Opens in Metro Washington, DC
RST Development broke ground on the 70-unit project in the fall of 2018, having multiple financing sources.
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Greysteel Closes Richmond Affordable Asset Sale
Henry Mathies and Fletcher Hultman assisted the seller and secured the buyer of the 80-unit property.
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DC Affordable Community Achieves LEED Gold
WC Smith delivered the 58-unit Anacostia property late last year, following 15 months of construction.
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Affordable DC Community Receives $67M in Financing
The building’s residents will use the loan to purchase and rehabilitate the 358-unit property in Ward 8.
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Morgan Properties Secures $661M Refinancing
Berkadia arranged the new loan for a 22-property portfolio across four states.
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Evergreen Grows Affordable Housing Management Portfolio
The firm added 11 communities totaling nearly 1,000 units located in Illinois, Minnesota, Ohio, Pennsylvania and Wisconsin.
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Veterans Affordable Community Underway in Northern Virginia
The $80 million project is slated for a 2022 completion.