Mid-Atlantic
Virginia’s Stonebridge to Feature 600-Unit Apartment Community
Agreement has been reached to build a 600-unit urban-style apartment community in Stonebridge, an 83-acre mixed-use project in one of Chesterfield, Va.‘s key retail-business corridors.
Richard Katzenstein Joins Freddie Mac Multifamily as Managing Regional Director, Northeast Region
Richard Katzenstein has joined Freddie Mac Multifamily, and will lead the Northeast Region as its managing regional director.
Hickok Cole Architects Awarded ‘Firm of the Year’
At the AIA|DC Chapter’s 125th anniversary party on November 2, Hickok Cole received the “Firm of the Year” honor award from the Washington Architectural Foundation.
CAPREIT Finances Acquisition of Virginia Multifamily Properties
CAPREIT Inc. has obtained separate loans for the acquisition of two apartment properties in Newport News. The loans, which total about $19.8 million, were originated by Walker & Dunlop Inc. through Freddie Mac’s Capital Markets Execution Program.
Apartment Renovation Completed in D.C.
Urban Investment Partners has completed a $2.7 million full-building restoration of 346 Park Road NW in the Washington neighborhood of Columbia Heights.
Walker & Dunlop raises $100K for Fannie Mae’s Help the Homeless Program in 2012
Walker & Dunlop Inc. announced that it raised $100,000 for Fannie Mae’s Help the Homeless Program® (HTH), through the Company’s annual fundraising efforts in 2012. Since 2006, Walker & Dunlop has raised over $500,000 for HTH.
Picerne Military Housing Awarded $72M Public-Private Partnership Development with the U.S. Army
Picerne Military Housing recently closed on a $72 million public-private partnership deal on Reece Crossings at Fort Meade in Maryland.
Investment Sales Leaders William Collins, Paul Collins Promoted to Vice Chairmen of Cassidy Turley
Cassidy Turley, a commercial real estate services provider, has promoted William Collins and Paul Collins, leaders of the Washington, D.C., Capital Markets team, to vice chairmen, and also promoted Washington, D.C., Capital Markets executives Drew Flood, James Cassidy and Jud Ryan to executive managing director.
Tryko Partners Begins Extensive Renovation on Distressed Affordable Community in Maryland
Tryko Partners recently acquired Perrywood Gardens, a 184-unit affordable housing community in Aberdeen, Md. The company is currently implementing a $500,000 renovation program for the property.
Beech Street Capital Recruits Charlie Mentzer to Lead Atlanta Office
Beech Street Capital LLC announced that it has recruited Charlie Mentzer, an experienced originator with extensive agency experience, to manage the firm’s Atlanta office.