Deals - Mid-Atlantic

  • Greysteel Closes Fully Affordable Baltimore Sale

    The 150-unit Portside Apartments is located within a 20-minute drive of downtown and is subject to Section 42 provisions. The property last changed hands in 2005.

    03 November 2017 12:24
  • BrownLee Grabs $84M Baltimore Community

    The 295-unit Winthrop in Towson was completed in 2015 and traded with help from JLL. Pillar originated a $58.8 million Freddie Mac acquisition loan.

    31 October 2017 14:45
  • DC-Area Communities Receive $65M in Financing

    HFF helped secure financing for four properties in the Washington, D.C., area. The apartment communities are situated just 30 minutes from downtown and total 920 units.

    25 October 2017 20:41
  • Berkadia Secures $47M Refi for DC Property

    The proceeds were used to refinance existing debt and to pay off an 8 percent pre-payment penalty. The loan was secured through the HUD 223(a)(7) Loan Program.

    23 October 2017 23:26
  • Marcus & Millichap Arranges Sale of VA Community

    The 40-year-old, 22-building community commanded $75,000 per unit. A private investment entity based in New York purchased the 160-unit asset in Virginia Beach.

    20 October 2017 15:02
  • DC Community Trades for $10M

    Greysteel brokered the sale of Cascade Park Apartments on behalf of NOVO Properties, located within minutes of the Capitol Riverfront. According to Yardi Matrix data, occupancy is currently at 94 percent.

    18 October 2017 15:24
  • Bell Partners Acquires Annapolis Asset

    The company purchased the now rebranded Bell Annapolis on West, a 300-unit community. Including this property, Bell Partners has completed $645 million in multifamily acquisitions in 2017.

    17 October 2017 16:02
  • McDowell Acquires DC-Area Apartment Community

    CBRE brokered the sale of Carmel Alexandria, a Class A apartment community in Alexandria, Va. The property is situated near interstates 395 and 495, with downtown Washington, D.C. only 10 minutes away.

    09 October 2017 18:15
  • Passco Makes 2nd DC Purchase for $113M

    The 360-unit luxury community in Alexandria, Va., is strategically located at the Huntington Metro Station and had a 92 percent occupancy rate at the time of the transaction.

    02 October 2017 17:25
  • 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
  • Historic DC Student Housing Starts Makeover

    After housing government workers in wartime and serving generations of students, two historic dormitories in the nation's capital will get a third life as market-rate communities.

    11 September 2017 03:49
  • CHC Real Estate Buys Class A Property in Odenton, MD

    Cafritz Interests and Clark Enterprises Inc. sold NOVUS Odenton, a 244-unit luxury community. The asset was acquired free of any debt.

    05 September 2017 11:23
  • 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
  • VA Property Changes Hands in $65M Deal

    The JBG Cos. disposed of Fairmont Gardens, a 388-unit multifamily community in Annandale, Va., one year after acquiring it for $47 million.

    24 August 2017 08:17
  • Waterton Secures DC-Area Luxury Community

    Built in 1992, the 404-unit Citizen at Shirlington Village will undergo renovations to its unit interiors and common areas.

    23 August 2017 14:49