Mid-Atlantic
Baltimore Multifamily Report – December 2022
While fundamentals softened, the market remained healthy.
Arcland Opens Suburban Baltimore Self Storage
The 825-unit property operates under the Self Storage Plus brand.
Crescent Communities Breaks Ground in DC
The project is expected to earn LEED Silver and Fitwel certifications, in line with the developer’s commitments to sustainability.
Crescent Communities Sells 539-Unit DC Asset
The community is within walking distance of Capitol Hill.
Wood Partners Opens DC Community
The luxury property will be the firm’s second within the District and is 1 mile from the greater metro area.
Howard Hughes Lands $117M for Maryland Community
The project is part of the firm’s master-planned development, the Downtown Columbia Plan.
The Dolben Co. Lands $28M for DC-Area Refi
The deal retires a $24 million CMBS loan.
Linden Property Group Acquires Virginia Asset
CAPREIT sold the townhome development near Washington, D.C., for $34.3 million.
DC Agency Funds $125M for 2 Communities
Financing for the affordable projects included LIHTCs and tax-exempt bonds.
WHC Acquires DC Development for $72M
Amazon and JBG Smith financing backed the nonprofit’s latest purchase.