Mid-Atlantic
Eastern Union Funding Names Shai Romirowsky VP of Bethesda Office
Eastern Union Funding, a privately owned commercial mortgage company, has added Shai Romirowsky as vice president. He will be based in the company’s Bethesda, Md. office.
Performance Venue Started at Suburban D.C. Mixed-Use Project
Federal Realty Investment Trust and Strathmore have formed a partnership to create a new performance venue at Pike & Rose, a 24-acre, mixed-use development in the White Flint Development District in Montgomery County, Md.
Camden Property Trust Opens New High-End Community in D.C.
Camden Property Trust has opened Camden South Capitol, a 276-unit high-end apartment community in the Washington, D.C., market.
Suburban D.C. Apartments Win LEED Gold
Solaire Metro Apartments in suburban Washington, D.C., has earned LEED Gold.
VA, HUD and Jon Bon Jovi Announce “Project Reach” Grand Prize Winner
The Department of Veterans Affairs (VA) has announced the winner of a mobile application competition designed to make local assistance resources accessible to people helping homeless Veterans and others in need.
Progression Place Multifamily and Retail Slated for July Completion
Progression Place, a mixed-use development featuring luxury multifamily residences and extensive retail components, is on track for a July completion.
MARKET SNAPSHOT: Demand in Charlotte Remains Strong as Population Surges
A strong influx of younger residents in the Queen City will keep vacancies low and rents high for at least another year, as a new wave of supply will likely become absorbed thereafter.
Suburban D.C. Apartments Sell for $98M
Falkland Chase, an apartment property with 450 units, has traded hands for $98 million, or about $218,000 per unit.
Riorda, Ryan and Whelan to Open Lee & Associates’ First Office in Maryland
Lee & Associates has opened a Maryland office, which will provide an important link with its national and Northeast outreach.
Dweck Properties Acquires D.C.-Area Multifamily Community for Record Price
Dweck Properties purchased Archstone Crystal Towers, a 912-unit, transit-oriented, high-rise community located in Arlington, Va., from Equity Residential for $322.25 million, which was the largest sum ever paid for a single multifamily property in the Washington, D.C., region.