Mid-Atlantic
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.
Sanctuary! Former DC Church Transformed Into Condos
The Rubin Group and Regua have undertaken an 18-month restoration and transformation of a 19th-century Gothic Revival church building into a 30-unit community.
Affordable Community in North DC Changes Hands
The 59-unit Fort Stevens Place was acquired by Community Preservation & Development Corp., who intends to continue operating it as an affordable community.
Walker & Dunlop Snaps Up $4B Mortgage Servicing Portfolio
The company made the purchase for $44.6 million.
Invesco Buys Brand-New Bethesda Apartments
The community is a 359-unit high-rise residential property with ground-floor retail.
Top 10 NYC Multifamily Sales in May 2016
Check out the latest data from Property Shark and discover the priciest multifamily apartment deals in NYC recorded in May 2016. Find out the one borough which managed to put up a fight against Manhattan, who some of the top deal makers were, and what the kings of New York real estate are buying up now. 1. Sale Price: $75,400,000 Buyer: US-Dev Associates II LLC Seller: 85 East 10th and 112-120 East 11th Street LLC Part of a larger $127M deal which incorporates 6 East Village buildings, this property is slated for new development. New owners, Lightstone, are expected…