Ed Murn
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WRIT Acquires D.C. Apartment Asset for $48.2M
Washington Real Estate Investment Trust buys a 135-unit apartment community in Arlington; The Community Development Trust will obtain $125 million, the largest allocation under an inaugural federal bond program for funding affordable housing; and Beech Street Capital closes $13.6 million for a Maryland asset.
National 03 October 2013 18:27 -
Tower Companies to Overhaul Silver Spring Community with Addition of 1,400 Residential Units
The Tower Companies, a family-owned developer, will redevelop The Blairs, a community of apartments and parking lots located in Silver Spring, Md., into 1,400 new apartments, shopping, walking paths and green space.
Midatlantic 15 February 2013 17:35
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Transactions: March 2018
The following is a list of transactions that were announced between December 2017 and Feb. 21, 2018.
05 March 2018 08:00 -
JV to Develop 175-Unit Affordable Property in Upper Manhattan
Community League of the Heights, Ranger Properties, Alembic Community Development and the Children’s Village will build The Eliza, a fully affordable community that will include a renewed Inwood Library.
12 March 2018 13:34 -
StoneBridge Acquires $54M VA Asset
Copper Spring is a 366-unit, garden-style community in Richmond. At the time of the sale, the property was 97.8 percent leased.
26 December 2017 16:46 -
Chicago Apartment Tower Lands 3 Green Globes Certification
Green Building Initiative awarded the title, a commercial building designation equivalent to LEED Gold, to Fifield Realty Corp.'s NEXT Apartments, located in the River North neighborhood.
12 December 2017 16:53 -
Economy Watch: CRE Cap Rates Mostly Stable in 2H 2017
Despite strong global capital inflows into U.S. commercial real estate, CBRE expects higher interest rates and inflation will put pressure on cap rates this year.
28 February 2018 15:24