Mid-Atlantic
PGIM Real Estate Sells Philadelphia-Area Community
The property in Bala Cynwyd, Pa., was purchased for $59.5 million.
The Dolben Co. Sells Virginia Asset for $46M
Berkadia represented both the seller and the buyer in the deal for the Williamsburg community.
Amazon Commits $300M Toward Affordable TODs
This part of the company’s $2 billion fund will help develop projects in Washington state, Tennessee and Virginia.
Suburban DC Self Storage Facility Sells for $18M
The property offers 900 climate-controlled units 12 miles from the city’s downtown.
Richmond Multifamily Report – Spring 2021
On the heels of a very strong 2020, the metro’s multifamily market has continued to outperform despite economic woes.
Castle Lanterra Sells Maryland Community for $154M
Transwestern arranged the sale of the 608-unit Annapolis property.
Greysteel Brokers Affordable Maryland Community Sale
The non-profit buyer will preserve Birchwood at Waldorf’s fully affordable housing status.
Richmond-Area Property Gets New Owners
Capital Square Apartment REIT has acquired a newly completed Class A community in Midlothian, Va.
Harbor Group Trades Suburban DC Community
The seller invested in capital improvements at the property after buying it for $108.5 million in 2015.
Gelfund Real Estate Opportunities Pays $30M for Baltimore Asset
The 200-unit community in Pikesville, Md., is undergoing an interior renovation program.