Deals - Mid-Atlantic

  • Harbor Goup Sells $25M MD Community

    Annen Woods is located near the Baltimore Beltway and includes 131 units across 11 three-story buildings. The new owner is planning to upgrade 90 apartments and several common-area amenities.

    10 April 2018 17:33
  • Hunt Mortgage Arranges $9M Loan in VA

    Geller Associates acquired Lee’s Landing in Newport News and will improve the community in order to qualify for the Fannie Mae green rewards program.

    05 April 2018 17:51
  • 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.

    04 April 2018 15:52
  • DC-Area Portfolio Trades for $302M

    FCP sold 11 communities in St. Charles, Md., to an affiliate of Strata Equity Group, after purchasing the properties in 2009 from American Community Properties Trust.

    04 April 2018 13:36
  • JV Buys 400 Units in VA

    The partnership acquired 77 buildings of the total 95 at the Newport News community. The acquisition is the fourth for Brick Lane in this area, and the first for Red Starr in the last five months.

    22 March 2018 13:17
  • 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.

    15 March 2018 17:49
  • Jamestown Snags The Ellington for $119M in DC

    Situated in the historic U Street neighborhood, the property features 190 residential units and an additional 16,760 square feet of retail.

    14 March 2018 13:13
  • 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
  • NoVa Skilled Nursing, Rehab Center Sells for $13M

    The Mount Vernon Nursing & Rehab Center, located south of downtown Washington D.C., encompasses 69 rooms and 130 licensed beds.

    06 March 2018 16:12
  • Aimco Acquires $160M VA Community

    Bent Tree is located in Fairfax County, 25 miles west of downtown Washington, D.C. The property features 758 one-, two- and three-bedroom units.

    23 February 2018 18:07
  • JV Buys 198-Unit MD Asset

    Spirit Investment Partners and The Bascom Group acquired Tribeca at Camp Spring, located in the Washington, D.C., metro area.

    08 February 2018 17:45
  • UIP Closes Record Deal Following TOPA Bid

    The deal followed tenants' exercise of their right to purchase the transit-oriented property in the Capitol Riverfront submarket from J.P. Morgan Chase.

    31 January 2018 18:32
  • Safanad Expands Student Housing Portfolio

    The joint venture plans to implement an immediate $5 million renovation program for the 910-bed student housing community, which serves students attending various Washington, D.C.-area universities.

    31 January 2018 16:57
  • JMG Realty Moves out of VA Luxury Student Housing

    JMG Realty sold North 38, a 228-unit, 816-bed luxury student housing community at James Madison University in Harrisonburg, Va.

    18 January 2018 20:27
  • Aurelie Capital Spends $20M in Richmond

    Millspring Commons, a 159-unit community in Virginia, is the new private equity firm’s first acquisition. The company plans to add value by finishing a renovation program started by the previous owner.

    12 January 2018 16:27