Mid-Atlantic
Baltimore Asset Trades in 1031 Exchange
An out-of-state investor acquired Preston Place, a 10-unit property in the Mt. Vernon neighborhood, as part of a 1031 Exchange.
Urban Investment Partners Re-Acquires DC Asset for $22M
The firm purchased the Policy, a 62-unit apartment community in the city’s historic Kalorama neighborhood. UIP previously owned the building from 2008 to 2014.
Avanath Strengthens East Coast Presence
The company is the new owner of two assets in Harlem, N.Y., and Temple Hills, Md. For a combined $36.3 million, Avanath purchased 202 affordable housing units.
VA Community Trades in 1031 Exchange
Capital Square 1031 acquired Woodshire Apartments in Virginia Beach, Va., in a 1031 tax-deferred exchange. The property encapsulates 288 units across 20 buildings.
The Impact of Amazon HQ2
Peter Muoio of Ten-X offers his insights on how Amazon’s second headquarters will impact New York City and Northern Virginia.
MHN’s Top 10 Posts from 2018
Miss out on any MHN articles? Catch up with our most popular posts of the year.
DC Condo Asset Receives $35M Construction Loan
HFF represented the borrower, a partnership that intends to use the financing for the development of a 99-unit low-rise in the NoMa submarket.
Pennrose Breaks Ground on Affordable MD Property
In a collaboration with the Wicomico County Housing Authority, the company will build Square at Merritt Mill, a 75-unit community in Salisbury.
NKF Closes $76M Sale of Luxury MD Property
Built in 2016, The James is situated in Annapolis, one of the region’s most desirable rental markets.
Job Gains Keep Absorption Steady in Richmond
Healthy absorption of new stock and job growth continue to boost the metro’s multifamily market, despite the area’s sluggish economy.