Mid-Atlantic
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.
Tryko Partners’ Loch Raven Village Renovation Nears Completion
Just one year after it was purchased by Tryko Partners LLC, Loch Raven Village Apartments, a 495-unit Baltimore rental community, has reached 96 percent occupancy.
Renaissance Centro Develops 360-Unit Luxury Community
Virginia-based developer Renaissance Centro announced that it has broken ground on Parc Reston, a multifamily community in Reston, Va.
TODAY’S DEALS: Norris, Beggs Arranges a $26.5M Acquisition Mortgage
Norris, Beggs arranges a $26.5 million acquisition mortgage; and Boston Capital invests in the rehabilitation of two multifamily apartment communities for seniors in Virginia.
BC Invests in 120-Unit Community
Thanks to tax credit equity from the Low Income Housing Tax Credit program, Boston Capital has invested in the Bradford Mews Apartments, a 120-unit development for families in Smithfield, Va.
Renovation Complete at Pemberton Manor in Maryland
A $1 million renovation of Tryko Partners-owned Pemberton Manor Apartments in Salisbury, Md., which involved extensive physical upgrades and enhanced outreach programs, is complete.
Greystar’s Elan Settler’s Landing Celebrates Grand Opening in Maryland
Greystar recently celebrated the grand opening of Elan Settler’s Landing, a new 240-unit, Class-A luxury apartment community in California, Md.
TODAY’S DEALS: HFF Arranges $11.5M Refinancing for Manufactured Home Community
HFF announced it has arranged an $11.5 million refinancing for Pacific Skies Estates; and Boston Capital Invests in a tax credit rehabilitation.