Multifamily news in Market Rate Housing - Washington DC
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Milestone Group Acquires Washington, DC-Area Community
The firm now owns the majority interest in a 564-unit asset in Rockville, Md.
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Mission Rock Residential Takes on Maryland Apartments
The firm was chosen to manage The Views at Laurel Lakes Apartment Homes, a 308-unit community in Laurel, Md.
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Washington, DC-Area Community Changes Hands for $84M
The 388-unit Fairmont Garden Apartments in Annandale, Va., will undergo a capital improvement plan.
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Mill Creek Begins Construction on Washington, DC-Area Community
Located in Arlington, Va., along the Rosslyn-Ballston Corridor, Modera Kirkwood will have 270 units when it is completed in 2023.
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Transwestern Closes 2 Maryland Sales Worth $96M
Both are value-add properties in the suburban towns of Glen Burnie and Silver Spring, Md.
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Woodfield Development Sells Virginia Apartments
JLL represented the seller in its disposition of the 400-unit Station on Silver in Herndon, Va.
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DF Ventures Pays $50M for Maryland Apartments
Drucker + Falk’s business unit acquired a 240-unit property in Silver Spring with plans to embark on a value-add and rebranding program.
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Bell Partners Picks Up Suburban Washington, DC, Community
Fairfield Residential had owned the 464-unit residential property for the last decade.
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Work Starts on Office-to-Apartment Conversion in Virginia
Lowe and USAA Real Estate plan to deliver 435 units across two towers in Alexandria's Park Center complex.
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MidAtlantic Realty JV Lands $47M for Washington, DC Apartments
The project will be part of the first phase of a $700 million mixed-use, mixed-income NoMa redevelopment.
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Capital Square Secures Construction Loan for Virginia OZ Project
The firm will use the financing for a mixed-use community in the Scott’s Addition Opportunity Zone in Richmond, Va.
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Foulger-Pratt Lands $54M HUD Loan for Maryland Community
Berkadia secured the short-term, non-recourse financing for the 235-unit Monument Village at College Park.
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FirstService Residential to Manage Virginia Condo Community
The 525-unit River Towers Condominium features three nine-story buildings in Old Town Alexandria.
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Ground Breaks on Washington, DC’s 1st Modular Apartments
The boutique community is being developed by Community Three Development and Rooney Properties.
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CIM Group Acquires Washington, DC-Area Towers for $506M
The blockbuster deal includes 2,346 units across five buildings in Alexandria, Va.