Mid-Atlantic
Washington, DC, Multifamily Report – Fall 2021
Suburban Virginia is once again gaining ground.
Jair Lynch Buys Maryland Apartments
Transwestern Real Estate Services represented the sellers in the deal.
Cohen Investment Group Buys $59M Self Storage Asset
The Virginia Beach property’s price increased threefold since it last traded.
Baltimore Student Housing Commands $75M
Armada Hoffler, the seller, is refocusing its investment strategy.
JV Buys DC-Area Apartments for $164M
The partnership is creating nearly 400 affordable units at the property.
Marathon Development Lands $56M Loan for Virginia Project
The HUD 221(d)(4) financing will fund construction of 273 units in downtown Norfolk.
U-Haul Buys Extra Space Storage Facility in Maryland
The facility will add 908 units to the company’s adjacent location in Annapolis.
Self Storage Plus Expands Mid-Atlantic Portfolio
The acquisition follows an eight-property portfolio buy in September.
Greystar Secures $600M for Student Housing Projects
Major universities in Maryland and Texas will be the locations of these developments.
Denstock Lands $35M Financing for Virginia Project
The HUD 221(d)(4) loan will support the construction of 135 units.