Finance & Investment - Mid-Atlantic

  • 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
  • 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
  • Hunt Mortgage Facilitates Acquisition Loan for VA Property

    The company worked on behalf of Thalhimer Stratford to secure financing for the purchase of Stratford at Williamsburg, a 156-unit apartment community in Williamsburg, Va.

    20 October 2017 15:29
  • 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
  • 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
  • Fairfield Residential Secures $51M for MD Apartments

    The seven-year, fixed-rate Fannie Mae loan for the 386-unit Rock Spring has three years of interest-only payments and five years of yield maintenance with a 1 percent prepayment penalty afterward.

    16 October 2017 13:52
  • 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
  • JV to Develop 236-Unit DC Community

    Fort Lincoln New Town Corp., The Concordia Group and Buvermo Investments plan a Class A project that will include 36 affordable units.

    22 September 2017 14:01
  • Berkadia Secures $96M for PA, VA Properties

    The company's HUD team secured financing for three properties: $67.1 million for two properties in Philadelphia, the largest HUD 223(f) loans originated in the area in the last five years, and $29.1 million for a property in Richmond, Va.

    20 September 2017 15:57
  • JV Commits $50M to Mid-Atlantic Affordable Housing

    Roughly 4,100 units will preserve their affordability, thanks to a partnership between TIAA and Enterprise Homes. The two companies acquired a 43-property portfolio from The Shelter Group.

    05 September 2017 13:13
  • 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
  • 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