Mid-Atlantic
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.
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.