Finance & Investment - Mid-Atlantic

  • Berkadia Facilitates $52M Loan for VA Luxury Project

    The upcoming 450-unit luxury community will be situated in Fredericksburg, Va., along Jefferson Davis Highway. The Breeden Co. estimates a total investment of $85.5 million.

    12 January 2018 16:16
  • 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
  • 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
  • DC Community Receives $58M Loan

    Citizens Bank arranged the loan for a 295-unit, Class A apartment community located in the Brookland neighborhood, northeast of the city center.

    04 January 2018 21:13
  • Top 10 Posts from 2017

    Miss out on any MHN articles? Catch up with our most popular posts of the year.

    02 January 2018 14:47
  • Affordable MD Townhomes Undergoing $14M Rehab

    Seventy-five of the units in Scotland Community will receive both interior and exterior renovations, with funds provided by the Low Income Housing Tax Credit.

    19 December 2017 16:32
  • $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
  • HFF Secures Loan for DC Community

    The 142-unit luxury apartment community is part of City Market @ O, a mixed-use two-block development in the Shaw neighborhood of Washington, D.C.

    14 December 2017 18:23
  • KeyBank Secures $56M for MD Community

    Verde at Greenbelt Station is a 302-unit, LEED-certified luxury apartment community in Prince George’s County, Md. The refinancing was implemented through Freddie Mac’s Lease-Up Program.

    05 December 2017 18:13
  • JBG Lands $110M Refi for Iconic DC Asset

    Atlantic Plumbing was erected in 2016 and designed by Morris Adjmi Architects. Aside from its 310 residential units, the building touts more than 19,000 square feet of ground-floor retail and restaurant space as well as a movie theater.

    09 November 2017 15:30
  • U of Maryland Student Housing Changes Hands

    Toll Brothers Campus Living and Ares Management sold Terrapin Row, a 418-unit, 1,493-bed community in College Park, Md. The sale was the largest single-asset student housing transaction so far in 2017.

    07 November 2017 17:09
  • 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