Mid-Atlantic

Development

Quarterra, PGIM Break Ground on NoVa Community

This is the developer’s second rental project in the state.

Louisa Miclaus - May 29, 2026
A rendering of 2200 Crystal Drive, a former office building in National Landing in Northern Virginia that is being transformed by JBG SMITH into 195 multifamily units. It is the firm's most recent office-to-residential conversion in the region, where it has completed more than 1,500 units of conversions.
Development

JBG SMITH Begins Latest Office-to-Residential Conversion in NoVa

The company has several other conversion projects ongoing in the area.

Gail Kalinoski - May 28, 2026
Rendering of Hunter's Branch, an office-to-residential project in Fairfax, Va.
Development

Insight Property Secures $108M for Metro DC Office Conversion Project

Construction is already underway.

Maria Maruta - May 21, 2026
A photo of Hadley Germantown, formerly Elme Germantown, located in the Maryland suburbs of Washington, D.C
Finance & Investment

NHP Foundation Buys Suburban DC Property for $54M

The sale is the latest transaction in the previous owner’s dissolution.

Dees Stribling - May 13, 2026
Richmond Virginia - City Skyline
Matrix Reports

Richmond Multifamily Report – April 2026

This market is a national leader for a key metric.

Tudor Scolca - May 11, 2026
Pittsburgh city skyline from Grandview Overlook at sunset in Pittsburg, Pennsylvania, USA.
Matrix Reports

Pittsburgh Multifamily Report – April 2026

Despite a slowdown, most metrics are sound.

Tudor Scolca - May 7, 2026
A photo of Albion Lawrenceville, a six-story, 267-unit luxury multifamily property that includes the restoration of a former firehouse for use as retail space.
Pittsburgh

Albion Residential Completes Pittsburgh Adaptive Reuse Project

The project included the restoration of a 19th-century firehouse.

Gail Kalinoski - May 5, 2026
Exterior shot of Allure at Edinburgh, a luxury multifamily community in Chesapeake, Va.
Finance & Investment

Passco Cos. Buys Hampton Roads Community

This is the first time the asset has changed hands.

Maria Maruta - May 5, 2026
Royal Pointe Apartments, a 208-unit multifamily community in Virginia Beach, Va. that was acquired by Bonaventure for $39.5 million.
News

Bonaventure Buys Virginia Beach Asset for $40M

The buyers plan to make value-add improvements to the property, which was built in the late 1980s.

Gail Kalinoski - April 22, 2026
The Albemarle, image courtesy of WC Smith.
Finance & Investment

Two DC Multifamily Assets Win $120M in Financing

Walker & Dunlop oversaw the deals.

Dees Stribling - April 21, 2026