Mid-Atlantic
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.
Bozzuto Management Company President Julie Smith Named 2013 Executive of the Year
Bozzuto Management Company, a division of The Bozzuto Group, announced today that Julie Smith, the company’s president, was named Multifamily Executive Magazine’s 2013 Executive of the Year.
CPDC Acquires Norfolk Apartment Communities for $20M
Community Preservation and Development Corp. has acquired Woodmere Trace, a 300-unit workforce housing property in Norfolk, Va.