News - Mid-Atlantic

  • Enterprise Acquires Community Preservation and Development Corp.

    The merger represents an opportunity for the companies to improve access to affordable housing at a time when prices are rising and credits are limited.

    18 January 2018 18:16
  • IDI Completes Luxury VA Property

    The company completed the first of two buildings in its Rivergate community, located in Woodbridge. Kettler is handling the management.

    17 January 2018 17:54
  • Aurelie Capital Spends $20M in Richmond

    Millspring Commons, a 159-unit community in Virginia, is the new private equity firm’s first acquisition. The company plans to add value by finishing a renovation program started by the previous owner.

    12 January 2018 16:27
  • Berkadia Facilitates $52M Loan for VA Luxury Project

    The upcoming 450-unit luxury community will be situated in Fredericksburg, Va., along Jefferson Davis Highway. The Breeden Co. estimates a total investment of $85.5 million.

    12 January 2018 16:16
  • Out-of-State Investor Grabs Baltimore Apartments

    Sage Management sold the 56,000-square-foot Windsor Arms in a deal facilitated by SVN REALSITE. The community includes market-rate and subsidized units.

    12 January 2018 15:04
  • Affordable VA Community Receives Preservation Deal

    Standard Communities and the National Foundation for Affordable Housing Solutions acquired Park Shirlington in Arlington. Designed for low-income families, the property includes 294 units.

    10 January 2018 18:58
  • CBRE Brokers Sale of 244-Unit Affordable VA Community

    EBEX Holdings and FriedLam Partners purchased Ashton Heights in Roanoke. Jeff Kunitz and Alex Medeiros of CBRE Affordable Housing, together with Charles Wentworth and Peyton Cox of CBRE Richmond, arranged the sale.

    10 January 2018 15:47
  • VA Community Trades for $8M

    Built in 1981, Maple Ridge Apartments is located in Lynchburg, Va. and features 152 units. The asset was purchased by Aria Legacy Group.

    08 January 2018 20:40
  • DC Community Receives $58M Loan

    Citizens Bank arranged the loan for a 295-unit, Class A apartment community located in the Brookland neighborhood, northeast of the city center.

    04 January 2018 21:13
  • The Lindley Tops Out in MD

    One of the first significant residential community additions in the Chevy Chase area in decades, EYA's community will feature 200 units spread across 11 stories.

    03 January 2018 18:46
  • Top 10 Posts from 2017

    Miss out on any MHN articles? Catch up with our most popular posts of the year.

    02 January 2018 14:47
  • Investors Stay Bullish, Rent Growth Slows in Baltimore

    Although fueled by demand for live-work-play communities and an ongoing urban development surge, the city's multifamily market fundamentals continue to lag behind the national trend.

    21 December 2017 17:16
  • Affordable MD Townhomes Undergoing $14M Rehab

    Seventy-five of the units in Scotland Community will receive both interior and exterior renovations, with funds provided by the Low Income Housing Tax Credit.

    19 December 2017 16:32
  • DC-Area Luxury Tower Tops Out

    Gallery Bethesda II rises 17 stories and will provide 240,000 square feet of luxury apartments and ground-floor retail. The project was designed according to LEED Gold requirements.

    18 December 2017 18:12
  • $277M MD Portfolio Changes Hands

    The four-asset NOAH portfolio brings Morgan Properties' total multifamily investments to $1.2 billion and more than 8,600 units during the past year.

    18 December 2017 14:43