Mid-Atlantic
Enterprise Finishes 2013 by Closing 11 Affordable Housing Syndication Deals
Affordable housing finance and investment organization Enterprise Community Investments Inc. wrapped up 2013 with 11 new LIHTC-financed developments and rehabs.
Washington Property Co. Opens 232 Units in Suburban D.C.
Though a few finishing touches remain, residents are now moving into Solaire Wheaton, a LEED Silver certified TOD community in suburban Washington, D.C.
Jones Lang LaSalle Closes Multifamily Portfolio Sale Near Baltimore
Morgan Properties acquires a trio of apartment properties in Baltimore’s Windsor Mill submarket.
Washington D.C. Market Snapshot: Apartment Stock Poised to Rise in 2014
Apartment performance in the Greater Washington, D.C. area could lag this year, as the booming construction hits right at a time when the metro’s job market is cooling down.
Mack-Cali/Fisher Brothers JV Buys 377 Units in D.C.
A joint venture comprised of Mack-Cali Realty Corp. and Fisher Brothers has closed on a luxury multifamily project currently being constructed in Washington, D.C.’s trendy H Street submarket.
Wood Partners Moves Forward with Construction in Germantown, Md.
Wood Partners has broken ground on Alta Liberty Mill, a $60 million, 304-unit community in Germantown, Md.
Residential Portion of CityCenterDC Opens
The Apartments at CityCenter and the Residences at CityCenter, two multifamily components in the mixed-use CityCenterDC in the nation’s capital, have started accepting residents.
Somerset and NHT/Enterprise Form JV to Purchase and Redevelop DC Affordable Housing Community
Somerset Development Company and the National Housing Trust-Enterprise Preservation Corporation have entered into a joint venture for the purchase of the 223-unit Channel Square Apartments located at 325 P Street SW in Washington, D.C.
Mack-Cali, Fisher Brothers Acquire Luxury Multifamily Project
Mack-Cali Realty Corporation and Fisher Brothers have formed a joint venture to acquire a 377-unit multifamily development project in Washington, D.C.
Greysteel’s Multifamily Division Retained as Exclusive Adviser and Agent for Sale of Townsend Square
The Greysteel Company’s Mid-Atlantic multifamily investment sales division has been tapped as the exclusive adviser and agent in handling the sale of the Fredericksburg, Va., property, Townsend Square.