Mid-Atlantic
EDGE Launches Multifamily Capital Markets Division
Ryan Ogden and Jared Emery will lead the newly formed platform in Washington, D.C.
Alexandria Housing Buys Virginia Community for $106M
JBG SMITH will serve as the property manager for the apartments located near Amazon’s HQ2.
Blue Ocean Buys Washington, D.C.-Area Community
The River Front Apartments in Savage, Md., will undergo capital improvements by the new owner.
NYC Firm to Break Ground on Downtown Richmond Project
Goodstein obtained the permits to start construction soon on a 53-unit development in the city’s CBD.
Hines Acquires Newly Constructed Virginia Community
Developed in an undersupplied submarket of Washington, D.C., The Emerson features a mix of studio, one-, two- and three-bedroom apartments for a total of 355 units.
Hunt Capital Partners, Pennrose Expand Affordable Housing Project
The companies have secured $4.5 million in financing to build 55 senior living units as part of the second phase of the Residences at Glenarden Hills development in Lanham, Md.
Washington, D.C., Multifamily Report – Fall 2019
Multifamily rents in the metro have picked up since June 2019, after several years of below-trend growth caused a supply surplus.
Hamilton Zanze Buys Luxury Virginia Asset
The new owner of the nearly 200-unit, Class A community plans to invest in unit updates and sustainability initiatives.
Hamilton Zanze Continues Buying Streak
The firm’s latest purchase includes two properties in Columbia, Md., both of which will undergo capital improvements.
Aventon Cos. to Build $100M Luxury Property in Maryland
The building will be located in Montgomery County’s master-planned Crown community.