Market Rate Housing - Mid-Atlantic
Cities
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EJF Capital Backs $95M DC Development
The alternative investment manager has teamed up with Donatelli Development and Blue Skye Development on the 262-unit multifamily community within an Opportunity Zone.
31 May 2019 12:55 -
MD Project Lands $75M Construction Loan
Calvin Cafritz Enterprises obtained the financing to develop the Residences at Riverdale Park Station, a 229-unit property within a larger mixed-use community in Riverdale Park, outside of Washington, D.C.
17 May 2019 12:57 -
JV Closes on $228M Community Near Amazon HQ2
Polinger Development Co. and a partner have acquired Meridian at Pentagon City, a 534-unit property in Arlington, Va.
15 May 2019 13:03 -
DC Development Gets $192M in Financing
A joint venture of MRP Realty and FRP Development Corp. is building Bryant Street, a 1,500-unit, mixed-use property in the northeast area of the city.
09 May 2019 14:16 -
Equity Residential Buys DC-Area Apartment Community
HFF marketed the property in Rockville, Md., on behalf of the seller, a partnership of Hanover Co. and Berkshire Residential Investments.
07 May 2019 12:46 -
WashREIT Closes First Tranche of $461M Multifamily Deal
The trust paid $379.1 million to acquire five communities totaling 1,685 units in Northern Virginia, as part of a larger portfolio acquisition that will be funded through the sale of office and retail assets.
02 May 2019 12:22 -
Richmond-Area Community Commands $46M
Colliers International represented a joint venture between McCann Realty Partners and Artemis Real Estate Partners in the sale of the 294-unit Hickory Creek Apartments.
30 April 2019 13:19 -
JV Breaks Ground on 2 DC Communities
Developers Urban Atlantic, Hines and Triden Development Group will deliver 390 market-rate and affordable housing units through The Vale and The Brooks, located within The Parks at Walter Reed.
10 April 2019 14:13 -
Berkadia Arranges $125M Financing for VA Properties
Totaling 655 units, the upcoming Magnolia Green Apartments and Faraday Park at Reston Station communities are located in Moseley and Reston.
22 March 2019 13:39 -
Morgan Properties Acquires 4,130-Unit Portfolio
Metro Philadelphia’s largest-ever multifamily deal, the acquisition makes Morgan the largest owner-operator in the market.
21 March 2019 12:16 -
TGM Associates Buys 2nd Community in Manassas, VA
The company plans to implement a thorough renovation program to the community, including in-unit renovations and improvements to the common-area amenities.
14 March 2019 18:29 -
Capital Square 1031 Completes VA Multifamily Purchase
The firm acquired Summit at Bon Air Apartments in a Richmond, Va., suburb through a Delaware statutory trust (DST) offering that was fully subscribed by 61 investors.
14 March 2019 13:54 -
Hunt Arranges Refi for 2 VA Communities
The company secured the 10-year term Fannie Mae loans for Fay Street and Fort Colliers. The properties total 150 apartments and are located in Winchester.
13 March 2019 13:05 -
Blackfin, GMF Acquire 600-Unit Community in Virginia Beach, VA
The value-add acquisition of Baker Crossing marks the companies’ first partnership. The property last changed hands in 2005 for $31.5 million.
12 March 2019 18:13 -
JV Acquires MD Community for $43M
The Donaldson Group, Declaration Capital and Angelo, Gordon & Co. purchased the 288-unit Plaza Towers in Hyattsville. The new owners will implement a capital improvement plan to modernize the property.
11 March 2019 12:29