Deals - Mid-Atlantic

  • 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
  • VA Community Trades for $8M

    Built in 1981, Maple Ridge Apartments is located in Lynchburg, Va. and features 152 units. The asset was purchased by Aria Legacy Group.

    08 January 2018 20:40
  • $277M MD Portfolio Changes Hands

    The four-asset NOAH portfolio brings Morgan Properties' total multifamily investments to $1.2 billion and more than 8,600 units during the past year.

    18 December 2017 14:43
  • Hunt Obtains $23M Financing for VA and MD Assets

    The company provided an acquisition loan for the 176-unit Trellis at Lee’s Mill Apartments in Newport News, Va., as well as a refinancing loan for the 162–unit Hickory Hill Apartments in Frederick, Md.

    15 December 2017 17:36
  • ROSS Acquires 210-Unit MD Community

    Located in Towson, Md., Versailles Apartments features a car wash, 24-hour emergency maintenance and a playground.

    13 December 2017 16:51
  • ARA Newmark Brokers Sale of $131M MD Asset

    The Avanti is a 930-unit community in District Heights, Md. Constructed in 1965, the property underwent renovations between 2012 and 2016.

    08 December 2017 19:47
  • Value-Add Portfolio Trades in Norfolk, VA

    The five-community portfolio offers 124 units and easy access to the beach. The buildings are located near several planned projects in the Ocean View area.

    08 December 2017 16:03
  • CIM Snags Apartment Community in Suburban DC

    EOS Twenty-One offers 1,180 units across 14 buildings. The asset is part of the Van Dorn Corridor and has undergone recent renovations.

    07 December 2017 16:49
  • JV Receives $61M Loan for MD Development

    Walker & Dunlop provided a 40-year, fixed-rate HUD loan for the development of Monarch at Waugh Chapel. The apartment community will be situated midway between Washington, D.C., and Baltimore, along U.S. Route 3.

    07 November 2017 14:58
  • 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
  • UIP Snags $32M MD Community

    The company purchased the 212-unit Walker House in Gaithersburg, Md., from Washington REIT. UIP plans to renovate the older apartments and some of the community common areas.

    03 November 2017 19:14
  • 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