Mid-Atlantic
The Wren Breaks Ground in DC
The nearly 300,000-square-foot mixed-use building will include a ground-level Whole Foods store and 433 residential units, of which 132 will be affordable.
Maryland Senior Housing Community Hits the Market
The Fairgreen Senior Community is located in Perryville, Md. and comprises 92 one- and two-bedroom apartments. The age-restricted community was built in 2005.
Work Slated to Begin on Second Phase of MD Mix-Use Apartments
Berman Enterprises’ affiliate LIVEbe has started design work on the second phase of The Remy, a mixed-used property in Lanham, Md.
Tallest MD Residential Tower Tops Out
The 44-story luxury high-rise overlooking Inner Harbor broke ground in March 2016 and is slated to welcome its first residents by spring 2018.
Kettler Announces New President
As the newly appointed president of the property management division, David Ohlrich will replace Cindy Clare and report directly to COO Usha Chaudhary.
JBG Lands $110M Refi for Iconic DC Asset
Atlantic Plumbing was erected in 2016 and designed by Morris Adjmi Architects. Aside from its 310 residential units, the building touts more than 19,000 square feet of ground-floor retail and restaurant space as well as a movie theater.
Fulton Hill Properties Breaks Ground on Richmond Project
Artisan Hill will be a 204-unit community adjoined by an artists’ gathering place. The development, located at 1000 Carlisle Ave., near several parks and trails, is slated for completion in 2019.
U of Maryland Student Housing Changes Hands
Toll Brothers Campus Living and Ares Management sold Terrapin Row, a 418-unit, 1,493-bed community in College Park, Md. The sale was the largest single-asset student housing transaction so far in 2017.
JV Receives $61M Loan for MD Development
Walker & Dunlop provided a 40-year, fixed-rate HUD loan for the development of Monarch at Waugh Chapel. The apartment community will be situated midway between Washington, D.C., and Baltimore, along U.S. Route 3.
Nusbaum Opens Doors of 1st MD Project
The Fred, a 240-unit apartment community, is situated only an hour away from Baltimore and Washington, D.C. The company initially invested $50 million into the development, which broke ground last year.