Mid-Atlantic
Instrata Lifestyle Residence Renters Gain Ultimate Travel Perk
Home may be where the heart is. But residents at Instrata Lifestyle Residences in New York City and greater Washington, D.C., benefit to their hearts’ content by getting away and enjoying the ultimate travel perk.
Berkeley Point Capital Continues to Expand Its Affordable Housing Finance Team with the Hiring of Matt Naish
Matt Naish joins Berkeley Point Capital LLC as director, affordable housing finance.
Oculus Opens The Colonel Apartments in DC for Leasing
Oculus Realty has started leasing at The Colonel, a new 70-unit apartment development with historic components in Washington, D.C.’s Shaw neighborhood. The five-story structure at the corner of 9th and N Sts. also includes 8,500 square feet of first-story retail space.
NAHB Announces Best of 50+ Housing Awards Finalists
The National Association of Home Builders has announced the finalists for NAHB’s 2015 Best of 50+ Housing Awards, the premier design and marketing competition for the 50+ housing industry.
Freddie Mac Picks Lenders for Small Loan Product
Freddie Mac has tapped three lenders as the first ones to sell loans to the company as part of its new Small Business Lending product: Hunt Mortgage Group, Greystone Servicing Corp. and Arbor Commercial Mortgage.
Six Units Remain at Victoria Condo Development in DC
Urban Pace has announced that it has sold 10 of 16 condominium units at Drummond Development’s recently completed Victoria condominium development in Washington, D.C.
LCOR Suburban DC Apartments Half Leased in Three Months
Though supply is growing, demand for apartments is still strong in metro Washington, D.C., with LCOR reporting that fully half of the units in its Aurora multifamily development are leasing since the property opened in July.
Vesta Plans Redevelopment of DC Apartments
Vesta Corp. has unveiled plans to completely redevelop Highland Terrance Apartments, a 124-unit multifamily property formerly known as the Gregory Apartments. The apartment community is in the southeast region of Washington, D.C.
Brian P. Brooks Appointed Executive Vice President, General Counsel, and Corporate Secretary
Fannie Mae announced it has appointed Brian P. Brooks, 45, as executive vice president, general counsel and corporate secretary effective November 10.
UIP Completes Renovation of Century-Old DC Apartments
Urban Investment Partners has completed the renovation of a 1910-vintage apartment building in Washington, D.C., known as The Madeira.