Mid-Atlantic
CAPREIT Sells Affordable Active-Adult Asset in Metro DC
The buyer selected ROSS Cos. to oversee property management operations and a capital improvement project at the active adult community.
Howard University Expands Partnership with Corvias
The public-private partnership has already completed the $71M renovation of two residence halls housing more than 2,000 students and staff in Washington, D.C.
Gellar Associates Acquires Baltimore Asset
The buyer, Geller Associates, opted to finance the acquisition under Fannie Mae’s Green Rewards program and will implement energy and water saving measures.
David S. Brown Names Residential Division VP
Anne Angel has more than 30 years of experience in business and real estate. In her new role, she will oversee leasing and marketing activities.
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.