Finance & Investment - Mid-Atlantic

  • 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
  • AvalonBay Obtains $185M Refi for 3 Properties

    The portfolio features 1,384 units located in Los Angeles, Calif., and in Laurel, Md. Bellwether Enterprise facilitated the loans.

    21 August 2017 17:28
  • Greystone Scores $36M for DE Deal

    The company worked with Fannie Mae and New York Mortgage Trust Inc. to secure financing for Concordia Properties, which purchased Autumn Park, a 360-unit community.

    17 August 2017 14:52
  • Enterprise Homes Triples Footprint with Mid-Atlantic Buy

    Acquired from The Shelter Group, the portfolio comprises 43 communities in Pennsylvania, Maryland and Virginia. Enterprise plans to keep the properties affordable.

    07 August 2017 15:44
  • JV Snags $90M DC-Area Portfolio

    Besyata Investment Group and The Scharf Group purchased The Communities at Arbor Vista in the Washington, D.C., submarket of Adelphi, Md. The partnership plans to modernize both the amenities and units.

    04 August 2017 14:31
  • Bell Partners Snags 308 Units

    Stonebridge Terrace, which will be renamed Bell Stonebridge, is a two-year-old community located within Stonebridge at Potomac Town Center, a half-million-square-foot lifestyle hub.

    19 July 2017 16:11
  • Pillar Provides Freddie Mac Loan for Richmond Community

    The company originated a $10.4 million, 7-year loan for the acquisition of a 348-unit community located in the Bellwood. The asset has an occupancy rate of 97.4 percent.

    19 July 2017 10:04
  • $43M DC Affordable Community to Open Next Spring

    Portner Flats will bring 96 affordable units to the popular U Street Corridor in Northwest, D.C. The project is a public-private partnership between the District, Somerset Development, Jonathan Rose Cos., New Community Partners and other entities.

    03 July 2017 13:57
  • Baltimore Community Lands $73M HUD Construction Loan

    The 317-unit Berkleigh in Middle River is part of Baltimore Crossroads @ 95, a large-scale project that will encompass office space, retail, two hotels, 1,000 homes and two multifamily properties.

    28 June 2017 11:43
  • Donaldson Group, DRA Advisors Grab $15M MD Community

    The joint venture plans to renovate the Brinkley Manor Apartments, including common and outside areas, as well as the individual units.

    23 June 2017 14:50
  • DC Asset Changes Hands for $3.5M

    Marcus & Millichap closed the sale of Gresham House, a 15-unit community in the Columbia Heights neighborhood of Washington, D.C. The property includes 3,358 square feet of retail and office space.

    20 June 2017 15:59
  • Upcoming VA Community Lands $24M Construction Financing

    Berkadia’s Senior Managing Director David Blake arranged a 40-year loan for the development of a 168-unit residential property in Christiansburg, Va.

    19 June 2017 20:58
  • Pillar Secures Co-Op Loan for DC Community

    The 273-unit mid-century asset received $14 million in refinancing via a fixed-rate Fannie Mae cooperative loan with a 30-year amortization schedule.

    15 June 2017 09:40
  • Republic Snags $100M for DC Apartments

    The company received construction financing from CapitalSource for Portals Residential Phase V Building, which will be a 13-story community with 373 units.

    12 June 2017 09:32
  • Downtown DC Project Lands $170M in Financing

    Portals Residential Phase V Building will feature 373 rental apartments, a sky terrace, an infinity pool, state-of-the-art fitness facility, as well as a rooftop walkway around the building.

    09 June 2017 13:41