Mid-Atlantic
Value-Add Portfolio Trades in Norfolk, VA
The five-community portfolio offers 124 units and easy access to the beach. The buildings are located near several planned projects in the Ocean View area.
CIM Snags Apartment Community in Suburban DC
EOS Twenty-One offers 1,180 units across 14 buildings. The asset is part of the Van Dorn Corridor and has undergone recent renovations.
Landex Development Breaks Ground on DC-Area Apartments
The company’s second residential development project in Brentwood, Md., Artisan 4100 is scheduled to be completed in 2019 and will feature sustainable living options.
KeyBank Secures $56M for MD Community
Verde at Greenbelt Station is a 302-unit, LEED-certified luxury apartment community in Prince George’s County, Md. The refinancing was implemented through Freddie Mac’s Lease-Up Program.
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.