Market Rate Housing - Washington DC
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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 -
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 -
Mitsui Fudosan, ZOM Living Break Ground on MD Community
The joint venture has launched construction of Maizon Bethesda, a transit-oriented development with 229 apartment units in Bethesda.
04 March 2019 13:23 -
Mill Creek Residential Kicks Off VA Mixed-Use
The lifestyle center taking shape in Falls Church will include 394 apartments and 90,000 square feet of retail space, slated for completion in the summer of 2021.
01 March 2019 13:49 -
Capital Square 1031 Acquires VA Property for $70M
Walker & Dunlop Inc. arranged $45.3 million in financing for the purchase of Bellemeade Farms, a 316-unit community in Leesburg.
25 February 2019 13:07 -
Aulder Capital Pays $44M for MD Community
The previous owner implemented more than $7 million in capital improvements, which included renovating Walker Mill Apartments’ common areas and building systems.
20 February 2019 12:49 -
197-Unit DC Property Changes Owner
Strategic Realty Holdings acquired Highland Ridge in Capitol Heights, Md. Greysteel facilitated the $22.1 million deal on behalf of the seller and procured the buyer.
14 February 2019 08:24 -
In Case You Missed It: MHN’s Top 5 Posts in January
Miss any of our articles? Catch up with five of our most popular posts for the month.
01 February 2019 11:56 -
MD Apartments Change Hands in $87M Deal
The Donaldson Group partnered with Declaration Capital and a fund managed by DRA Advisors to acquire a 592-unit garden-style community in Silver Spring, with plans to renovate the asset in the year ahead.
01 February 2019 09:29 -
MD Community to Receive $51M Financing
The non-recourse, fixed-rate first mortgage provides for the acquisition of Woodvale Apartments, a 376-unit mid-rise community located just north of Washington, D.C.
11 December 2018 16:48 -
DC-Area Community Gets $78M Refi Loan
PGIM Real Estate provided the 35-year, fixed-rate FHA loan to Bonaventure Realty Group for The Encore Apartments in Alexandria, Va.
03 December 2018 19:14 -
On the Market: 5 Interesting Listings for the Week of 10/29
This week's listings include a two-property portfolio in McAllen, Texas, a turnkey investment opportunity in Rhode Island, and more.
02 November 2018 17:34 -
JV Lands $156M Financing for VA Property
HFF arranged the floating-rate loan for Modera Avenir Place on behalf of the owner, a partnership between Mill Creek Residential Trust and institutional investors advised by J.P. Morgan Asset Management.
01 November 2018 17:12 -
Penzance Targets Metro Washington with $255M Fund
For its first private-equity fund, the investor-developer anticipates parlaying capital into a portfolio valued at $800 million to $1 billion
19 October 2018 17:21 -
FCP Sells Multifamily Assets to Reliant Group for $71M
The sale of the three properties marks the final disposition of FCP’s St. Charles Portfolio, which the company originally acquired in 2009.
05 October 2018 17:02