News - Mid-Atlantic

  • Berkadia Secures $96M for PA, VA Properties

    The company's HUD team secured financing for three properties: $67.1 million for two properties in Philadelphia, the largest HUD 223(f) loans originated in the area in the last five years, and $29.1 million for a property in Richmond, Va.

    20 September 2017 15:57
  • New Supply Keeps Rent Growth Tepid in Baltimore

    Spearheaded by the revival of its core and by the emergence of the Baltimore-Washington corridor as a strategic location, the metro’s multifamily fundamentals have stabilized.

    13 September 2017 14:09
  • Employment Gains Spur Growth in Philadelphia

    An evolving wage structure, influx of young professionals and boom in hospitality and development are helping the city's multifamily market keep its head above water.

    12 September 2017 14:43
  • Historic DC Student Housing Starts Makeover

    After housing government workers in wartime and serving generations of students, two historic dormitories in the nation's capital will get a third life as market-rate communities.

    11 September 2017 03:49
  • JV Commits $50M to Mid-Atlantic Affordable Housing

    Roughly 4,100 units will preserve their affordability, thanks to a partnership between TIAA and Enterprise Homes. The two companies acquired a 43-property portfolio from The Shelter Group.

    05 September 2017 13:13
  • CHC Real Estate Buys Class A Property in Odenton, MD

    Cafritz Interests and Clark Enterprises Inc. sold NOVUS Odenton, a 244-unit luxury community. The asset was acquired free of any debt.

    05 September 2017 11:23
  • Greysteel Brokers Sale of DC Regenesis Portfolio

    The five affordable properties include 482 units. President & CEO Ari Firoozabadi, Managing Director Kyle Tangney and Senior Investment Associate Alicia Orkisz arranged the transaction.

    30 August 2017 09:46
  • JV Wraps $100M Baltimore Development

    Bozzuto Group, War Horse Cities, and Solstice Partners have completed work on Anthem House, a 292-unit community in the Locust Point district.

    28 August 2017 08:33
  • Baltimore Community Adds Cool Perk

    2Hopkins is the first apartment community in the U.S. to implement the Smiota PoD smart lockers. These allow residents to use food delivery services and have round-the-clock access to their shipments by use of their smartphone.

    24 August 2017 17:23
  • VA Property Changes Hands in $65M Deal

    The JBG Cos. disposed of Fairmont Gardens, a 388-unit multifamily community in Annandale, Va., one year after acquiring it for $47 million.

    24 August 2017 08:17
  • Waterton Secures DC-Area Luxury Community

    Built in 1992, the 404-unit Citizen at Shirlington Village will undergo renovations to its unit interiors and common areas.

    23 August 2017 14:49
  • DC-Area Community Trades for $129M

    Located one mile east of Interstate 270, Fenestra was completed in 2008 and is part of the 1.7 million-square-foot Rockville Town Square.

    21 August 2017 17:33
  • AvalonBay Obtains $185M Refi for 3 Properties

    The portfolio features 1,384 units located in Los Angeles, Calif., and in Laurel, Md. Bellwether Enterprise facilitated the loans.

    21 August 2017 17:28
  • Greystone Scores $36M for DE Deal

    The company worked with Fannie Mae and New York Mortgage Trust Inc. to secure financing for Concordia Properties, which purchased Autumn Park, a 360-unit community.

    17 August 2017 14:52
  • The Residences at Annapolis Junction Welcomes Residents

    The 416-unit luxury property is the residential component of a mixed-use TOD developed by Somerset Construction and Armada Hoffler in Howard County, Md. The project will also include an intermodal parking structure, Class A office space and retail.

    16 August 2017 12:55