Mid-Atlantic
Richmond Multifamily Report – October 2022
The Mid-Atlantic market continued to mirror national trends into the third quarter.
Insight, AHC Land $50M Loan for DC Development
EagleBank provided the financing, which will be used to renovate and rebrand the property.
Suburban Maryland Project Lands $84M Construction Loan
ACRES Capital Corp. provided the financing to The Goldstar Group to develop the 350-unit property.
Boston Properties Pockets $141M for Virginia Asset
The sale represents the final stage of a reverse 1031 exchange.
What Makes Workforce Housing Such a Resilient Investment?
OneWall Communities’ Nate Kline discusses supply and demand dynamics and the impacts of rising interest rates on this housing segment.
TGM Buys DC Community
The new owner is planning extensive renovations to unit interiors at the 11-acre property.
Arcland Pays $113M for Metro DC Portfolio
The two facilities offer a total of 3,100 units.
JV Plans 3 MSF of Mixed-Use in DC
Eyeing expansion opportunity in the nation’s capital, FRP Holdings and its partners could build as many as 10 projects.
Fairfield Pays $26M for Richmond Affordable Asset
The age-restricted community is part of the LIHTC program.