Mid-Atlantic

MAC Realty Arranges Funding for a Madison Investments Acquisition and Development in DC

Working on Behalf of Madison Investments, MAC Realty Advisors LLC has arranged a $27.4 million investment and senior construction loan to acquire and develop a site located in Washington, D.C.

Greysteel Names Doug Banerjee to Executive Committee

The Greysteel Company announced the appointment of Doug Banerjee to the company’s Executive Committee.

Kettler to Build Mixed-Use High-Rise in Bethesda, Md.

After closing a construction loan with Helaba, developer Kettler unveils plans for a 101-unit high-rise in Bethesda, Md.

LGBT-Friendly Affordable Seniors Community Opens in Philly

Pennrose Properties and dmhFund have opened John C. Anderson Apartments, the first LBGT-friendly affordable seniors housing community in Philadelphia, to great fanfare.

Leasing Begins at Eleven55Ripley in Suburban D.C.

Home Properties has started leasing its newly constructed multifamily property, Eleven55Ripley. The asset, which is now the tallest building in Silver Spring, Md., features apartments, townhomes and a public pocket park.

WRIT Acquires DC Class A Apartments

Washington Real Estate Investment Trust acquires a 12-story, Class A asset in Washington, D.C.

MHN Interview: Alexandra Johns will Lead Resmark’s Washington, D.C. Office

“We seek out builders and developers whom we hold in high esteem, and who have unique experience and understanding of the submarkets in which they are active.”

Bell Partners Completes Alexandra Apartment Complex

The property, located outside of the Metro DC Beltway, is part of the Potomac Yard Master Development and is not far from the Braddock Metro station. The Potomac Yard site is a 295-acre tract in the northeast part of the city, formed out of a former railroad yard.

Wood Partners Opens North Carolina Apartment Property

The Bristol is now leasing in Morrisville, N.C. The 260-unit property was developed by Wood Partners as part of Park West Village, a 100-acre mixed-use development.

Southern Land Company Breaks Ground in Philly

Southern Land Company breaks ground on a $110 million, 28-story residential tower at 3601 Market Street in Philadelphia. It is the first residential building in the 50-plus-year history of University City Science Center.