Affordable Housing - Washington DC

JV Debuts DC Affordable Housing
Developed by Somerset Development Co., New Community Partners and Jonathan Rose Cos., Portner Flats features 96 units and a playground, a fitness center and a community garden.
Slideshow
WinnCompanies Redevelops 2 DC Affordable Housing Properties
In a two-year and $69 million endeavor, the company combined the 105-unit Atlantic Gardens and the 195-unit Atlantic Terrace and renamed the asset Atlantic Apartment Homes.
Affordable
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

  • 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

  • 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

  • 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

  • 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

  • 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

  • Greysteel to Sell VA Affordable Housing Portfolio

    The company was tapped to market Lexington Commons in Newport News, Va., and Parkwood Manor in Norfolk, Va., totaling 232 units.

    06 November 2017 15:14

  • FCP Buys 2 DC-Area Communities for $44M

    The company acquired Holly Spring Meadows and The Woods at Addison in a joint venture with Urban Atlantic. The affordable communities total 449 units.

    26 September 2017 19:14

  • JV to Develop 236-Unit DC Community

    Fort Lincoln New Town Corp., The Concordia Group and Buvermo Investments plan a Class A project that will include 36 affordable units.

    22 September 2017 14:01

  • Greysteel Brokers Sale of DC Regenesis Portfolio

    The five affordable properties include 482 units. President & CEO Ari Firoozabadi, Managing Director Kyle Tangney and Senior Investment Associate Alicia Orkisz arranged the transaction.

    30 August 2017 09:46

  • $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