TODAY’S DEALS: Norris, Beggs Arranges a $26.5M Acquisition Mortgage
Norris, Beggs arranges a $26.5 million acquisition mortgage; and Boston Capital invests in the rehabilitation of two multifamily apartment communities for seniors in Virginia.
MARKET SNAPSHOT: Occupancy, Investment Activity on the Rise in the Nation's Capital
In the first quarter of 2012, the Washington, D.C., metro saw overall vacancy fall 20 basis points to 4.0 percent, while vacancy in the district fell 30 basis points to 4.4 percent.
David Brickman Takes Over as Head of Multifamily at Freddie Mac
David Brickman was named senior vice president, multifamily, at Freddie Mac in June, succeeding Michael May.
ARA Opens Washington, D.C. Office
Washington, D.C.— Atlanta-headquartered ARA recently opened its Washington, D.C. office under the leadership of Drew White and Michael Marshall, both former Cushman & Wakefield executive directors. Former Bozzuto executive Ryan Ogden is also joining the team. With more than 18 years of multi-housing investment sales experience, White has sold in excess of 250 properties throughout the Mid-Atlantic and Southeast regions of the U.S. for clients ranging from large institutions to individual owners. White was responsible for opening Cushman’s Washington, D.C. office in 2002 and quickly established himself as the East Coast’s top apartment broker. Marshall brings more than 24 years…
Colliers International Expands D.C. Operations
Washington, D.C., and Seattle–Colliers International has expanded its metro Washington, D.C.-based operations by launching a new office and introducing a regional property management practice.
Federal Home Loan Bank Awards $5.1 Million for Affordable Housing in Virginia
Atlanta–Federal Home Loan Bank of Atlanta will award $5.1 million to assist in the funding of 12 affordable housing developments in Virginia.
- « Previous