Mid-Atlantic
WinnCos. Completes Largest DC Community Solar Project
The District’s Department of Energy and Environment awarded the firm a grant from its Solar for All program, which the company used to install a 651 kW rooftop facility at Atlantic Terrace Gardens.
Nusbaum Breaks Ground on Virginia Beach Project
The $35 million Mezzo Apartment Homes will include 282 units and is seeking Earthcraft certification.
NHPF Lands $45M Affordable DC Asset
Woodmont Crossing Apartments marks the nonprofit’s fifth purchase under Washington, D.C.’s Tenant Opportunity to Purchase Act. The new owner plans a $7.4 million upgrade of the 176-unit community.
NoVa Skilled Nursing, Rehab Center Sells for $13M
The Mount Vernon Nursing & Rehab Center, located south of downtown Washington D.C., encompasses 69 rooms and 130 licensed beds.
Upscale Demand Boosts Rent Growth in Richmond
After trailing the U.S. average throughout the current cycle, the metro’s rent growth reached 2.6 percent as of December, bucking the national trend during 2017’s fourth quarter.
LIVEbe Tapped to Manage MD Luxury Apartments
The company will employ ambassadors to provide customer service to residents of The Bowen, a LEED Silver-certified community in Bowie.
Hunt Mortgage Arranges $5M for Philadelphia Asset
The firm arranged for a seven-year fixed rate loan on behalf of MM Equity Partners Philly for the acquisition of the 30-unit Reach Lofts.
On the Market: 5 Interesting Listings for the Week of 2/26
This week’s listings include a former hotel in Kansas City and an asset located near Arizona State University in Tempe.
Energesco Provides LED Upgrades for MD Communities
Working on behalf of Federal Capital Partners, the exterior LED-light upgrade projects are expected to reduce annual electricity expenses by more than $25,000.
MRP Realty Nabs 400-Unit NoVa Community
Walker & Dunlop has facilitated the sale and financing of the multifamily property located in Alexandria, Va., close to the Van Dorn Street Metro station.