Mid-Atlantic
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.
Southern Land Updates $300M Philly Plan
Slated to be the city’s tallest residential only building, The Laurel will feature 54 condos, and long- and short-term units with separate lobbies and entrances.
Aimco Acquires $160M VA Community
Bent Tree is located in Fairfax County, 25 miles west of downtown Washington, D.C. The property features 758 one-, two- and three-bedroom units.
Walker & Dunlop Secures $34M HUD Loan for VA Community
Dwight Dunton III of Bonaventure Realty Group and Philip Roper III bought Meridian Parkside in 2016. The financing will be used to pay off a portion of the ownership’s assumed debt.
Beachwold Sells 2 MD Properties
Greysteel facilitated the deal for Largo Center and Vistas at Lake Largo, both located in Upper Marlboro.
Peterson Opens MD Condos
Haven at National Harbor in Prince George’s County includes concierge services, a fitness center and yoga studio, and a lounge.
HFF Secures $115M Financing for VA Development
The company arranged the loan on behalf of Combined Properties Inc. for the development of Scout on the Circle, a 551,000-square-foot mixed-use project in Fairfax, Va.
LMC Develops Annapolis Luxury Apartments
The 293-unit Maris includes amenities such as a rooftop pool, a yoga and spin studio and the company’s pet program, featuring spa days and socials.