Mid-Atlantic
Luxury Hampton Roads Community Selects Management
The development, planned to encompass approximately 500 upscale apartments near Dollar Tree’s future headquarters, will also include 50,000 square feet of retail.
Avanath Buys 3 Affordable Communities in NJ, MD
Through its Affordable Housing III fund, the company bought two properties in Upper Marlboro, Md., and one in Wharton, N.J., with plans to upgrade the assets.
DC-Area Portfolio Trades for $302M
FCP sold 11 communities in St. Charles, Md., to an affiliate of Strata Equity Group, after purchasing the properties in 2009 from American Community Properties Trust.
MHN’s Top 5 March Posts
Miss out on any MHN stories? Here are five of our most popular articles for the month.
On the Market: 4 Interesting Listings for the Week of 3/26
This week’s listings include a 100 percent-occupied luxury community in downtown Baltimore, student housing near Philadelphia’s universities and a recently renovated value-add opportunity in Columbus, Ohio.
JV Buys 400 Units in VA
The partnership acquired 77 buildings of the total 95 at the Newport News community. The acquisition is the fourth for Brick Lane in this area, and the first for Red Starr in the last five months.
Perseus, Four Points Begin Construction on VA Mixed-Use
The vacant government office building at 200 Stovall St. in Alexandria will feature 520 apartments and 25,000 square feet of ground-level retail upon completion in 2019.
Skanska Tops Off 12-Story RESA Community in NoMa
RESA is a 326-unit luxury development constructed along the NoMa Meander, a four-block pedestrian promenade connecting New York Avenue and Pierce Street.
JV Closes Financing for VA Waterfront Community
Located in Alexandria’s historic Old Town neighborhood, the property will feature three condominium buildings, 26 townhomes, additional ground-floor retail and a renovated pier.
Flower Branch to Rebuild DC-Area Apartments Lost in Explosion
The company will break ground on two buildings totaling 27 units, replacing two structures that were destroyed by a deadly fire in August 2016.