Mid-Atlantic
FCP JV Buys Maryland Apartments for $72M
Walker & Dunlop represented the buyers in the transaction.
Historic Baltimore Office Tower to be Converted to Apartments
New ownership plans to invest $34 million to transform the onetime home of The Fidelity & Deposit Co.
Washington, DC, Multifamily Report – February 2022
Despite lagging national rent growth, the D.C. area is registering strong occupancy gains.
Amazon Commits $124M to Affordable TODs
The company is working with transit agencies, developers and nonprofits in Washington and Maryland.
OneFive Capital Acquires Philly Modular Asset for $88M
Rittenhouse Realty Advisors represented the seller in the deal.
Cleghorn Capital Buys $24M Newport News Community
The property last changed ownership in 2019.
An Insider’s Perspective on DC Multifamily Development
In spite of rising costs and lingering procurement issues, construction projects across the Mid-Atlantic have moved forward. Kettler’s Pamela Tyrrell weighs in.
Amazon Provides $51M for Virginia Affordable Housing Project
Alexandria Housing Development Corp. used the low-rate loan to acquire a 196-unit property it plans to rebrand.
Why Investors Remain Bullish on the Mid-Atlantic Market
CBRE’s Michael Muldowney and Peyton Cox on the region’s multifamily investment landscape.
Broad Street Realty to Acquire Virginia Community for $122M
The investor previously served as the asset’s development manager.