Mid-Atlantic

Hamilton Zanze Buys Virginia Community for $66M

At the same time, Mission Rock Residential assumed management of the 238-unit property, which is located in Alexandria.

Crescent Communities Names DC Managing Director

Brandon Wright brings more than 13 years of experience to the firm, where he will oversee multifamily operations in the metro.

Quarters, Co-Living Brand, Enters DC Market

The global firm will open a 239-bed location in a brand-new, mixed-use development.

Affordable Housing Projects Break Ground in Washington, DC

Urban Matters, Atlantic|Pacific Communities and numerous government and nonprofit groups launch construction of two communities.

Washington DC Matrix Report Photo by vichie81 iStockphoto.com

Washington, D.C., Multifamily Report – Summer 2019

The steady influx of high-paying positions continues to generate strong demand for Class A rentals throughout the metro.

CAPREIT to Manage Washington-Area Community

Located in Suitland, Md., Allentown offers 178 units and recently underwent a full renovation.

Continental Realty Closes $211M Fund

The company’s fifth vehicle, which targets value-add multifamily and retail investments throughout the Mid-Atlantic and Southeast, has acquired a rental property in Raleigh, N.C.

Developers Close on $38M in Financing for DC Project

Located next to an historic theater in Washington, D.C.’s Deanwood neighborhood, The Strand Residences will deliver 86 affordable units by January 2021.

Capital Square 1031 Expands Virginia Portfolio

The 409-unit community in Woodbridge previously traded in 2013 and received $5 million in renovations since then. The new owner plans to finish the upgrades.

Washington, DC-Area Community Lands $93M Loan

The Fannie Mae financing package will be used for renovations at the community, including a primary goal to increase energy efficiency by at least 30 percent.