Mid-Atlantic
Carr Cos. Secures $90M to Buy DC-Area Community
CIM Group provided the loan to finance the acquisition.
Amazon Commits $160M to Virginia Affordable Housing
This funding will preserve a 1,300-unit community in Arlington.
Grosvenor, Hoffman Form JV for DC Development
Thirty percent of the project’s units will be set aside as affordable.
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.