Mid-Atlantic

ROSS Promotes Billy Edwards to CFO

In his new role, Edwards will oversee the company’s accounting, finance, reporting and tax compliance functions, maximizing returns on investment and management assignments.

Marcus & Millichap Leads Sale of Dupont Apartments

The four-unit property sold for $2.3 million to a Washington, D.C., condo developer. Marcus & Millichap represented the seller, a private investor.

Sturdy DC

Washington, D.C.’s multifamily market is experiencing strong fundamentals, including robust employment, healthy population gains and record-breaking rental rates, per-unit prices and median home values.

Sally Hebner

Enterprise Names New CFO

Sally Hebner has been working for the nonprofit organization for more than 10 years. Most recently, she served as senior vice president.

Gables Pointe 14 Shapes Up

Gables Residential began construction of a 370-unit upscale community comprised of two buildings and 16,000 square feet of modern amenities.

Park Chelsea at The Collective

WC Smith Lands $183M Refi Through Green Certification Program

The company is using the loans, originated by Walker & Dunlop, to refinance Park Chelsea and 2M, two LEED-certified communities in Washington, D.C.

PAC Buys Recently Built Virginia Community

The company purchased Founders Village, a 247-unit community in Williamsburg, Va., and financed the acquisition using a portion of the proceeds from a 1031 exchange sale.

Donohoe Construction Tops Out DC Senior Living Community

Brandywine Living at Alexandria is scheduled for completion by year-end.

NHP Foundation Acquires DC Affordable Housing for $16M

Located in the gentrifying Brightwood section of Northwest Washington, D.C., Takoma Place consists of 105 units in seven buildings.

Greysteel to Market B’more-Area Affordable Community

The commercial real estate investment services firm has been retained as exclusive advisor and agent for the sale of Portside Apartments in Dundalk, Md.