Mid-Atlantic
Richmond Development Scores $40M Construction Loan
Berkadia arranged the financing on behalf of the developer, HHHunt Corp. First units will be available for occupancy by summer of 2018, and the community will be completed next summer.
Kettler Opens Luxury Community in Tysons Corner
Highgate at The Mile is a 395-unit mid-rise residential property that boasts an array of amenities and is situated within walking distance of first-class retail, restaurants and key employers, such as Freddie Mac and Hilton Worldwide.
Baltimore Community Sells for $31M
The 390-unit Marble Hall Gardens previously changed hands in 2007, when Tryko Partners acquired the Class C asset from Lightstone Group for $13.2 million.
Historic DC Patterson Mansion’s Makeover Now Complete
Saul Urban joined hands with Rooney Properties and BedRock Real Estate Partners to renovate and expand the more than 110-year-old property and turn it into 92 apartment units.
JV Taps HFF to Market Luxury Philadelphia Tower
The 28-story, 363-unit 3601 Market is located in the University City submarket and features studio, one- and two-bedroom floorplans, as well as penthouses.
Long-Awaited VA Housing Project Breaks Ground in MD
First announced in 2011, the Perry Point development will bring 75 subsidized, newly renovated and newly constructed units for at-risk and formerly homeless veterans.
BHC Breaks Ground on Affordable VA Community
The company is converting the former Citadel of Hope, a Colonial property built in 1923, into apartments for working families. Called The Goodwyn at Union Hill, the asset includes the renovated historic school building, in addition to five new buildings.
Continental Sheds 4 in Baltimore
Arranged by Transwestern, the sales include a pair of communities acquired by Schweb Partners and two purchased by Kindred Property Group.
Historic B’more Apartments Change Hands
Frederick Douglass Apartments is a 99-unit multifamily property in Baltimore that includes two commercial units. Marcus & Millichap closed the $6.3 million deal.