Mid-Atlantic
Berkadia Lines Up $34M Refi for Richmond Asset
The firm worked on behalf of Stone Creek Apartments to arrange a HUD loan for the 264-unit property.
Princeton Enterprises Nabs Richmond-Area Community
Webster Court in Petersburg traded for roughly $18,750 per unit.
Hunt Mortgage Partners Secures Financing for VA Affordable Housing
The loan has an 18-year loan term, with two-years interest-only payments and a 35-year amortization schedule beginning in year three.
StoneBridge Acquires Beech’s Farm in MD
The company acquired the 135-unit property for $25 million.
AECOM, Toll Brothers Secure $130M Loan for DC Project
The 525-unit luxury community in NoMa is projected to start leasing in 2018.
Baltimore Student Housing Asset Trades for $43M
The 328-bed community located near Johns Hopkins University was bought by GMH Capital Partners.
JAG Announces Key Promotions
The company has moved Greg Van Wie and Duncan Jones up the ladder to vice president positions.
FCP Sells 5-Community Portfolio for $328M
The private equity investment firm divested 2,490 units in the Washington, D.C., suburbs.
PRP Appoints New Vice President
In her new role, Danielle Keute will be responsible for the firm’s residential property management division.
Kettler Hires Industry Veteran as Senior VP
David Ohlrich will join the company in January as the new senior vice president of property management operations.