Mid-Atlantic
Delta Associates Hires Senior VP
A leading industry expert, David Versel will influence the planning of innovative multifamily and mixed-use developments.
Grosvenor America Unveils Mixed-Use DC Development
Grosvenor Americas has obtained a $90 million construction loan for its new mixed-use project, F1RST, in the Capitol Riverfront District in Washington, D.C.
Berkadia Becomes Freddie Mac TAH Seller/Servicer
Freddie Mac has tapped Berkadia as a formally designated and licensed Freddie Mac Multifamily Targeted Affordable Housing Seller/Servicer. New York-based Berkadia is one of only 13 lenders in the country to earn the designation.
TODAY’S DEALS: Capital One Multifamily Finance Provides $20.5M Acquisition Loan
Capital One Multifamily Finance provides a $20.5 million Fannie Mae fixed-rate loan; and Aries Capital closes two small renovation loans.
Greystar & Ivanhoé Cambridge Team Up on Eco-Friendly D.C. Community
Greystar and Ivanhoé Cambridge are developing 801 New Jersey Ave., SE, a new mixed-use development in Washington, D.C.
TODAY’S DEALS: Ullico Loan Kicks Off Philly Mixed-Use Development
National Real Estate Development has landed a $141 million construction loan; CIT provides $57.5 million for a Brooklyn waterfront acquisition; and Eagle Group Finance supplies $3.1 million for an assisted living facility.
Fannie Mae Honored by EPA as a 2015 ENERGY STAR(r) Partner of the Year
The U.S. Environmental Protection Agency (EPA) has recognized Fannie Mae with a 2015 ENERGY STAR® Partner of the Year – Energy Efficiency Program Delivery Award for its outstanding efforts to increase adoption of energy-efficient policies and practices in multifamily housing.
TODAY’S DEALS: Security Properties Finds TOD Value Along D.C.’s Silver Line Expansion
Security Properties completes a $31 million buy in Northern Virginia; a joint venture kicks off an apartment redevelopment play in D.C.; and Grandbridge arranges three Nevada multifamily loans.
Trammell Crow to Develop Apartments in Maryland
Financing is now in place for Trammell Crow Residential’s development of Alexan Concorde Circle, a 310-unit apartment property in Linthicum, Md.