Mid-Atlantic
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.
Osprey Sells Maryland Affordable Senior Asset
Greysteel negotiated the disposition of an 80-unit community restricted to residents aged 62 and over.
Greysteel Brokers Sale of DC Affordable Senior Community
President & CEO Ari Firoozabadi and Director Henry Mathies acted on behalf of the seller and also procured the buyer of the 60-unit building.
McCann Realty JV Buys 853 Units in Richmond
DRA Advisors is the former owner of Trails at Short Pump Apartment Homes and Villages at West Laurel Apartments & Townhomes.
Black Creek Borrows $63M for Maryland Community
JLL arranged the financing for the 333-unit property in Rockville’s Westside at Shady Grove neighborhood.