Mid-Atlantic
Virginia Office Park to Become Major Mixed-Use Community
Akridge sold the newly rezoned Preserve at Westfields in Fairfax County to two developers, which plan to create a mixed-use community with retail, multifamily and more.
Tishman Speyer to Transform Prime DC Site into Residences
The company will turn the two-acre site near Nationals Park into an 800-unit, mixed-use development.
High Street Residential Plans DC Apartments on U Street
The development will feature more than 15,000 square feet of retail.
294-Unit Richmond Community Finds New Owner
Local buyer McCann Realty shelled out nearly $29 million for the Henrico County property.
Multifamily Community Trades for $30M in North B’More
Harbor Group International sold the 237-unit Belvedere Towers Apartments five years after it acquired the asset for a little over $26 million.
Quadrangle, Wilkes Break Ground on Luxury DC Apartments
The Lydian marks the development team’s seventh building in its 2 million-square-foot, mixed-use Mount Vernon Place community.
DC Area Value-Add Community Changes Hands
Cortland Partners has acquired a 630-unit community in Ashburn, Va., with plans to renovate and reposition the property over the next two years.
L5 Investments Makes $23M Debut in Richmond
The multifamily investment firm and its partner have made its first acquisition in Virginia, with plans to complete a more than $2.6 million renovation of the property.
Walker & Dunlop Secures $672M for Student Housing Acquisition
The company arranged the financing through Fannie Mae’s Credit Facility execution, an efficient loan structure available for large transactions backed by a number of real estate assets.
Jonathan Rose JV Preserves 340-Unit Affordable Community
The group acquired a 32-building affordable community for $39 million, with plans for a major renovation.