Market Rate Housing - Mid-Atlantic

  • UIP Closes Record Deal Following TOPA Bid

    The deal followed tenants' exercise of their right to purchase the transit-oriented property in the Capitol Riverfront submarket from J.P. Morgan Chase.

    31 January 2018 18:32
  • Aurelie Capital Spends $20M in Richmond

    Millspring Commons, a 159-unit community in Virginia, is the new private equity firm’s first acquisition. The company plans to add value by finishing a renovation program started by the previous owner.

    12 January 2018 16:27
  • Out-of-State Investor Grabs Baltimore Apartments

    Sage Management sold the 56,000-square-foot Windsor Arms in a deal facilitated by SVN REALSITE. The community includes market-rate and subsidized units.

    12 January 2018 15:04
  • 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
  • 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
  • Landex Development Breaks Ground on DC-Area Apartments

    The company’s second residential development project in Brentwood, Md., Artisan 4100 is scheduled to be completed in 2019 and will feature sustainable living options.

    05 December 2017 19:10
  • 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
  • Fulton Hill Properties Breaks Ground on Richmond Project

    Artisan Hill will be a 204-unit community adjoined by an artists' gathering place. The development, located at 1000 Carlisle Ave., near several parks and trails, is slated for completion in 2019.

    09 November 2017 14:03
  • 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
  • Nusbaum Opens Doors of 1st MD Project

    The Fred, a 240-unit apartment community, is situated only an hour away from Baltimore and Washington, D.C. The company initially invested $50 million into the development, which broke ground last year.

    06 November 2017 17:06
  • 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