News - Mid-Atlantic

  • Washington Property Co. Delivers Maryland Project

    The 20-story, 338-unit luxury community in Silver Spring is about half leased. The transit-oriented development marks another milestone for the city's evolving Ripley District.

    05 June 2019 14:16
  • Aria Delivers Mixed-Income Units to DC

    The Clifton, which has 156 market-rate and affordable units ranging in size from studios to four bedrooms, is located in Washington, D.C.’s 14th Street Corridor.

    04 June 2019 14:23
  • Richmond Multifamily Report – Spring 2019

    The metro’s apartment market remained unfazed by last year’s modest employment gains and rents were up 3.4 percent year-over-year as of March, above the national average.

    04 June 2019 11:03
  • EJF Capital Backs $95M DC Development

    The alternative investment manager has teamed up with Donatelli Development and Blue Skye Development on the 262-unit multifamily community within an Opportunity Zone.

    31 May 2019 12:55
  • Virginia Community Lands $30M Grant

    The federal funds will go toward redeveloping the 256-unit Ridley Place public housing and the surrounding neighborhood. Pennrose is the master developer of the project.

    30 May 2019 16:40
  • MD Project Lands $75M Construction Loan

    Calvin Cafritz Enterprises obtained the financing to develop the Residences at Riverdale Park Station, a 229-unit property within a larger mixed-use community in Riverdale Park, outside of Washington, D.C.

    17 May 2019 12:57
  • JV Closes on $228M Community Near Amazon HQ2

    Polinger Development Co. and a partner have acquired Meridian at Pentagon City, a 534-unit property in Arlington, Va.

    15 May 2019 13:03
  • Silverstone Breaks Ground on $75M NoVa Senior Community

    The company will bring 124 assisted living and 30 memory care units to Metro West, a mixed-use, transit-oriented development in Fairfax County.

    09 May 2019 14:49
  • DC Development Gets $192M in Financing

    A joint venture of MRP Realty and FRP Development Corp. is building Bryant Street, a 1,500-unit, mixed-use property in the northeast area of the city.

    09 May 2019 14:16
  • Washington, DC, Multifamily Report – Spring 2019

    Despite a boost in development, absorption has kept up pace and the occupancy rate in stabilized properties inched up 20 basis points year-over-year, to 95.3 percent.

    08 May 2019 11:48
  • Equity Residential Buys DC-Area Apartment Community

    HFF marketed the property in Rockville, Md., on behalf of the seller, a partnership of Hanover Co. and Berkshire Residential Investments.

    07 May 2019 12:46
  • Berkadia Closes 2 Deals Totaling $100M

    The brokerage originated a $31.7 million construction loan through HUD for a 232-unit community in Florida and sold a 414-residence townhome property for $68.9 million in Virginia.

    07 May 2019 12:07
  • WashREIT Closes First Tranche of $461M Multifamily Deal

    The trust paid $379.1 million to acquire five communities totaling 1,685 units in Northern Virginia, as part of a larger portfolio acquisition that will be funded through the sale of office and retail assets.

    02 May 2019 12:22
  • Richmond-Area Community Commands $46M

    Colliers International represented a joint venture between McCann Realty Partners and Artemis Real Estate Partners in the sale of the 294-unit Hickory Creek Apartments.

    30 April 2019 13:19
  • JV Breaks Ground on 2 DC Communities

    Developers Urban Atlantic, Hines and Triden Development Group will deliver 390 market-rate and affordable housing units through The Vale and The Brooks, located within The Parks at Walter Reed.

    10 April 2019 14:13