Mid-Atlantic

AvalonBay Begins Work on LA County Apartments

AvalonBay has bought five acres of land through a series of transactions for the development of a new apartment property that the Washington, D.C.-based REIT says will be the largest in that city.

Enterprise President and CEO Terri Ludwig Named Innovator of the Year Finalist in 10th Annual Stevie® Awards for Women in Business

Terri Ludwig, president and CEO of Enterprise Community Partners, Inc., has been named a Finalist in the Female Innovator of the Year category in the 10th annual Stevie® Awards for Women in Business, the business awards honoring women business leaders and the companies they run around the world.

Jeff McClure to Lead Greysteel Capital Markets

The Greysteel Company announced the appointment of Jeff McClure as managing principal of Greysteel Capital Markets, its newly launched real estate investment banking and finance affiliate.

Ingerman Announces Leasing Underway at New East Crossing

Applications are being accepted at New East Crossing, a new apartment community featuring upscale yet affordable apartments in North East, Md.

Greysteel Tapped to Broker Va. Apartments

The owner of Briarwood Apartments in Dumfries, Va., has tapped the investment brokerage Greysteel to take the property to market. The 70-unit, five-building apartment community, which is near I-95, comes with a 6.2-acre parcel that’s been approved for an additional 73 units.

The JBG Companies Hires Todd Rich as Partner

The JBG Companies today announced that Todd S. Rich will be joining the firm as a partner. He will work as a member of the company’s Investments team, focusing primarily on office assets; he will officially join JBG next month.

Bozzuto and MGL Partners to Develop $75M D.C.-Area Community

Financing has closed and ground been broken on The Frasier, a $75 million apartment project right across the Potomac from Washington, D.C., in Alexandria, Va.

MBA Unveils New Brand Identity

The Mortgage Bankers Association (MBA) revealed a new brand identity, including a new logo, corporate messaging and web and email domains.

Social-Purpose Equity Trust Expands Its Activities

The Housing Partnership Equity Trust has kicked its activity into high gear by finalizing finance for the purchase of 300-unit Woodmere Trace apartments in the Norfolk/Hampton Roads area by the Community Preservation and Development Corp.

Enterprise Names Diane Yentel Vice President of Public Policy

Enterprise Community Partners Inc. named Diane Yentel vice president of Public Policy.