Mid-Atlantic
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.
NeighborWorks America Names Vanitha Venugopal VP for its Pacific Region
NeighborWorks America announced today that it named Vanitha Venugopal regional vice president for its pacific region.
Aria Completes DC Apartment Renovation
Aria Development Group completed renovation on The Bond, making it into an 83-unit apartment community in Washington’s West End neighborhood.
Mark Bittenbender Joins Greysteel Capital Markets
Greysteel Capital Markets, a Washington, D.C.-based real estate finance firm, announced that Mark Bittenbender has joined the firm as director.
ASB Acquired Suburban DC Apartments for $222M
ASB Real Estate Investments has acquired two recently completed apartment community in Rosslyn, Va., for a total of $222 million.
Investors Buy Value-Add Apartments in SW D.C.
An investor group that includes Urban Investment Partners, PRP and Perseus Realty has acquired the 289-unit Capitol Park Towers apartment community at 301 G Street, SW, in Washington, D.C. The property is just south of I-395 in the Southwest Waterfront district.
Don Atchison Joins Greysteel Capital Markets
Greysteel Capital Markets, a Washington, D.C.-based real estate capital markets and investment banking firm, announced that Don H. Atchison has joined the firm as director.
D.C. Landmark The Maples Moves to Phase Two of Development
Urban Pace has announced that the renovation of the Altus Realty Partners community, The Maples, a Federalist Era Washington, D.C., mansion that is being repurposed into condominiums, has moved into the second phase of development and has targeted completion for the project for the final quarter of 2014.