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$48M in Financing Closes for Mixed-Use Project in Suburban Washington, D.C.

Washington, D.C.–It’s all systems go for Garfield Park, a 149-unit luxury mixed-use apartment project just outside of Washington, D.C., in Arlington, Va.

Verdict Reached on Escrow Suit

Essex County, N.J.–A verdict was reached recently in a dispute of the sale of the largest multifamily portfolio in New Jersey in which East Coast Residential Associates claimed it was entitled to receive a $25 million escrow.

$77M Mixed-Use Project in Baltimore Makes Official Debut

Baltimore–The Fitzgerald, a 275-unit mixed-use residential property in Baltimore, has officially reached completion two years after construction commenced.

Enterprise Wants to Help Build 10,000 Units in the Gulf

Washington, D.C.–Michelle Whetten, who heads up Enterprise’s work along the Gulf Coast, talks to MHN about the work Enterprise is doing there.

Election’s Impact on Multifamily

Bill Killmer, senior vice president of legislative and political affairs at the Mortgage Bankers Association, talks to MHN about the impact of the election results on the multifamily industry.

Add Multi-Housing to Malfunctioning Suburbs

Incorporate multifamily housing into the fabric of malfunctioning suburbs–or the Boomers and Echo Boomers will move out.

NAA’s Greg Brown on Fate of GSEs in New Congress

Washington, D.C.–NAA’s Greg Brown shares with MHN his expectations for the fate of Fannie and Freddie.

Construction Starts on $300M Mixed-Use Residential TOD in Suburban Dallas

Lewisville, Texas.–Construction of the first phase of the $300 million, resort-style infill project in Lewisville, Texas commenced with Hebron 121 Station, a 90-acre mixed-use residential development.

$137M Million Student Housing Completed at U of C Irvine

Irvine, Calif.–Austin-based American Campus Communities Inc. has completed a housing project at the University of California-Irvine.

Where and Why Are Prospects Looking for Apartments?

New York–A big factor in a multifamily management or owning company’s success is figuring out the answer to a basic question: where and why prospects are shopping for apartments.