Mid-Atlantic
Affordability Extended at The JBG Companies’ Falkland Chase
An agreement has been struck to extend the term of 90 rental assistance units at the Falkland Chase Apartments in Silver Spring, Md. The JBG Companies and Montgomery County’s Department of Housing and Community Affairs (DHCA) are the parties entered into the agreement.
Bozzuto Communities Named Best Apartments in NY and Arlington, Va., says J Turner Research
Bozzuto Management Company, a Greenbelt, Md.-based residential property management company active throughout the East Coast, announced that Bozzuto communities were named as the “Best Property” in two of the largest and most competitive markets in the country – New York and Arlington, Va.
Local Content is Key, According to New Guide Released by For Rent Media Solutions and Homes.com
For Rent Media Solutions™ and Homes.com® have released the “Rise to the Top: Be the Local Expert” guide to help real estate and multifamily professionals better understand what being a “local expert” in their communities entails.
Greysteel Retained for Sale of Takoma Gardens in Takoma Park, Md.
The Greysteel Company has announced that it has been retained as the exclusive adviser and agent for the sale of the 37-unit Takoma Gardens community in Takoma Park, Md.
Finance Veteran Dave Borsos Joins NMHC as VP, Capital Markets
The National Multifamily Housing Council has hired Dave Borsos as vice president, capital markets.
Morgan Properties, Core Real Estate Acquire 700-Unit Community
Morgan Properties and equity partner Core Real Estate Capital has announced that a joint venture between the two has purchased the 700-unit community Lighthouse at Twin Lakes in Beltsville, Md.
TM Associates Develops Geothermal Workforce Housing in Brambleton, Va.
Shreveport Ridge, a workforce housing project in Brambleton, Va., has been dedicated in a ribbon-cutting ceremony attended by state and local dignitaries.
Walker & Dunlop Servicing Portfolio Surpasses $40 Billion Milestone
Walker & Dunlop Inc. announced today that its loan servicing portfolio crossed over the $40 billion mark.
Argos Development’s The Montrose Residences have Sold Out
Real estate marketing company Urban Pace LLC has announced that all the condominium homes at The Montrose Residences, a 15-unit low-rise community in Washington’s prestigious Georgetown neighborhood, have sold. The building, the former home of Henry and Anne Hurt Home for the Blind, has recently undergone a three-year renovation and all of the luxury units were sold just six months after the project’s completion.
Boston Capital to Invest in Two Affordable Housing Projects in N.C.
Boston Capital has announced that it will invest in the construction of two affordable multifamily community projects in North Carolina. The projects include Lockwood Village Apartments in Wilmington, N.C., and Ravenswood Apartments in Wilson, N.C.