Mid-Atlantic
Baltimore Multifamily Report – March 2022
Over the past year, the city’s performance mostly mirrored national averages.
Vivo Buys Baltimore Hotel for Multifamily Conversion
Leasing at the two-tower Vivo Baltimore will begin in 2023.
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.