Mid-Atlantic
Washington, DC, Multifamily Report – July 2023
Rents are on the upswing in the District and the wider area.
GID Pays $86M for Value-Add Community
The vintage property previously changed hands for $68 million.
AREP JV Pays $120M for Northern Virginia SFR Community
The 200-unit property is set to expand over the next few months.
The Michaels Organization Breaks Ground on Affordable Senior Housing Project
KTGY designed the sustainable development.
GW Real Estate, Virtus Break Ground on Virginia Project
This Class A community in Charlottesville will be part of a multi-phase mixed-use development.
Balfour Beatty to Build $240M Virginia Student Housing
The developer expects to deliver the community by fall 2025.
Arcland Opens Keystone State Self Storage
Phase one of this project involved the conversion of a long-vacant grocery store.
DC Issues Tax Credits Backing Affordable Housing Renovations
Worthington Woods comprises 394 units.
Grosvenor Opens 260-Unit Community in DC
The property is subject to an $80.6 million construction loan.
Railfield Realty Acquires Richmond Property
The asset previously traded in 2020 for $28.5 million.