Mid-Atlantic
Passco Nabs Core Multifamily Community Near Nation’s Capital
Passco Cos. LLC acquired The Shelby, a 240-unit multifamily community located in the prime Washington, D.C. metro area, for more than $69 million.
CBG, MRP Realty Unveil Transit-Oriented Development in Alexandria
CBG Building Co. and MRP Realty have finished construction of The Parker, a new TOD hoping to attract residents commuting to the greater Washington, D.C., area.
Last Year’s Largest Apartment Projects Completed in Washington, D.C.
The Washington, D.C. rental market added north of 3,500 new units in 2015.
JLL Closes Sale of Owings Park in Suburban Baltimore
Friedkin Realty Group purchased the property for $34.13 million.
Top 10 NYC Multifamily Sales in January 2016
The data is in! New York City multifamily real estate rocketed into 2016, with numerous eight-figure-plus sales. Manhattan, Brooklyn and the Bronx all jockeyed for the spotlight. Check out PropertyShark’s list of the top 10 most expensive multifamily deals recorded in NYC in January: 10. 4002-4004 & 4014-4016 Carpenter Ave., The Bronx Sale Price: $15,900,000 Buyer: Nysandy12 Cbp5 LLC Seller: Ecp Carpenter LLC The Real Deal reports that these two properties are part of a a much larger portfolio acquisition. In a partnership between Related and the New York City pension funds, a total of 737 Bronx apartments are being…
Downtown Baltimore Property Sold through Greysteel
The 11-unit building nested in the heart of historic Mount Vernon was built in the 1900s and recently changed hands for $1 million.
Q&A With ROSS Cos. Co-founders, Scott and Beth Ross
MHN checked in with the ROSS Cos. tag team to discuss what’s coming up for multifamily in 2016 and how the company plans to expand its expertise.
Greysteel Leads Sale Of Pomeroy Gardens in D.C.
Greysteel has arranged the sale of Pomeroy Gardens, a 60-unit, garden-style apartment community located in the city’s Buena Vista neighborhood.
Affordable Senior Housing Coming to Pittsburgh
The Urban Redevelopment Authority board voted to approve funding for a new affordable senior housing project, Hillcrest Senior Residences.
MHA Arranges Sale of Charleston Community
A 142-unit community located along Mount Pleasant’s burgeoning Highway 17 corridor was acquired by Chaucer Creek Capital, in a deal arranged by Multi Housing Advisors.