Mid-Atlantic
AvalonBay Obtains $185M Refi for 3 Properties
The portfolio features 1,384 units located in Los Angeles, Calif., and in Laurel, Md. Bellwether Enterprise facilitated the loans.
Greystone Scores $36M for DE Deal
The company worked with Fannie Mae and New York Mortgage Trust Inc. to secure financing for Concordia Properties, which purchased Autumn Park, a 360-unit community.
The Residences at Annapolis Junction Welcomes Residents
The 416-unit luxury property is the residential component of a mixed-use TOD developed by Somerset Construction and Armada Hoffler in Howard County, Md. The project will also include an intermodal parking structure, Class A office space and retail.
Enterprise Homes Triples Footprint with Mid-Atlantic Buy
Acquired from The Shelter Group, the portfolio comprises 43 communities in Pennsylvania, Maryland and Virginia. Enterprise plans to keep the properties affordable.
JV Snags $90M DC-Area Portfolio
Besyata Investment Group and The Scharf Group purchased The Communities at Arbor Vista in the Washington, D.C., submarket of Adelphi, Md. The partnership plans to modernize both the amenities and units.
Berkadia Taps Senior Housing Lead
With nearly two decades of industry, Tim Cobb joins the firm’s D.C. office as managing director & senior housing and health care investment sales lead.
VA Community Sells for $115M
An affiliate of Pantzer Properties acquired a 576-unit community located roughly 30 miles from downtown D.C. The company will rename the asset The Point at Manassas.
Grosvenor Launches Pre-Leasing at DC-Area Community
Central is a 231,589-square-foot mixed-use development site that will offer 243 residential rental units above 15,080 square feet of ground-floor retail space.
Luxury Brand Ampeer Debuts in DC’s Dupont Circle
The community includes 92 units, along with dedicated food and drink service, events programming and even the provision of linens and glassware selected by the property’s design contingent.
Berkeley Point Appoints New Director
Sharon Karaffa brings more than 13 years of experience as director of priority borrower relationships and head of structured transactions with Fannie Mae Multifamily.