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Investors Raid the D.C. Market for Multifamily Assets
While it tries to cope with cuts in government spending, the Washington, D.C. market is now looking to new drivers for economic growth.
Redbrick, David Werner Buy 2,175-Unit Apartment Portfolio in Fairfax County
After registering several important transactions in April, the Greater Washington apartment market ended the month in full force, with the sale of a 2,175-unit multifamily portfolio in Fairfax County.
Insight Property Group has purchased the U.S. Postal Service’s former Silver Spring Post Office site in Silver Spring, Md. The developer plans to start construction of the proposed 310-unit project in the fourth quarter of 2012.Midatlantic 16 February 2012 16:06