News - Mid-Atlantic

  • JBG Lands $110M Refi for Iconic DC Asset

    Atlantic Plumbing was erected in 2016 and designed by Morris Adjmi Architects. Aside from its 310 residential units, the building touts more than 19,000 square feet of ground-floor retail and restaurant space as well as a movie theater.

    09 November 2017 15:30
  • Fulton Hill Properties Breaks Ground on Richmond Project

    Artisan Hill will be a 204-unit community adjoined by an artists' gathering place. The development, located at 1000 Carlisle Ave., near several parks and trails, is slated for completion in 2019.

    09 November 2017 14:03
  • U of Maryland Student Housing Changes Hands

    Toll Brothers Campus Living and Ares Management sold Terrapin Row, a 418-unit, 1,493-bed community in College Park, Md. The sale was the largest single-asset student housing transaction so far in 2017.

    07 November 2017 17:09
  • JV Receives $61M Loan for MD Development

    Walker & Dunlop provided a 40-year, fixed-rate HUD loan for the development of Monarch at Waugh Chapel. The apartment community will be situated midway between Washington, D.C., and Baltimore, along U.S. Route 3.

    07 November 2017 14:58
  • Nusbaum Opens Doors of 1st MD Project

    The Fred, a 240-unit apartment community, is situated only an hour away from Baltimore and Washington, D.C. The company initially invested $50 million into the development, which broke ground last year.

    06 November 2017 17:06
  • Greysteel to Sell VA Affordable Housing Portfolio

    The company was tapped to market Lexington Commons in Newport News, Va., and Parkwood Manor in Norfolk, Va., totaling 232 units.

    06 November 2017 15:14
  • UIP Snags $32M MD Community

    The company purchased the 212-unit Walker House in Gaithersburg, Md., from Washington REIT. UIP plans to renovate the older apartments and some of the community common areas.

    03 November 2017 19:14
  • Greysteel Closes Fully Affordable Baltimore Sale

    The 150-unit Portside Apartments is located within a 20-minute drive of downtown and is subject to Section 42 provisions. The property last changed hands in 2005.

    03 November 2017 12:24
  • In Case You Missed It: MHN’s Top 5 Posts in October

    Miss out on any of our articles? Catch up with five of our most popular posts for the month.

    01 November 2017 13:39
  • BrownLee Grabs $84M Baltimore Community

    The 295-unit Winthrop in Towson was completed in 2015 and traded with help from JLL. Pillar originated a $58.8 million Freddie Mac acquisition loan.

    31 October 2017 14:45
  • DC-Area Communities Receive $65M in Financing

    HFF helped secure financing for four properties in the Washington, D.C., area. The apartment communities are situated just 30 minutes from downtown and total 920 units.

    25 October 2017 20:41
  • Berkadia Secures $47M Refi for DC Property

    The proceeds were used to refinance existing debt and to pay off an 8 percent pre-payment penalty. The loan was secured through the HUD 223(a)(7) Loan Program.

    23 October 2017 23:26
  • High-Paying Jobs Add to Upscale Demand in Richmond

    Although overall employment growth is tepid and continues to trail the national rate, the metro’s economy is slowly but steadily diversifying, drawing investors and large projects.

    23 October 2017 13:45
  • Hunt Mortgage Facilitates Acquisition Loan for VA Property

    The company worked on behalf of Thalhimer Stratford to secure financing for the purchase of Stratford at Williamsburg, a 156-unit apartment community in Williamsburg, Va.

    20 October 2017 15:29
  • Marcus & Millichap Arranges Sale of VA Community

    The 40-year-old, 22-building community commanded $75,000 per unit. A private investment entity based in New York purchased the 160-unit asset in Virginia Beach.

    20 October 2017 15:02