Falkland Chase

AMLI Residential Sells 464-Unit Asset to Abacus Capital

AMLI residential completes a Chicagoland disposition; Beech Street closes $7.4 million for a two property portfolio in the Boston-area; and Home Properties executes its strategy to "lighten" its concentration in Washington, D.C. as it sells two properties for $109.1 million.

National

450-Unit Silver Spring Apartment Community Sells to JBG

The JBG Companies, a Chevy Chase-based private real estate development firm that develops, owns and manages office, residential, hotel and retail properties, has acquired the Falkland Chase apartments, a prominent apartment community in downtown Silver Spring. Home Properties of Rochester was the seller.

Washington Dc

The JBG Companies Acquires 450-Unit Community

The JBG Companies has acquired a 450-unit multifamily community from Home Properties of Rochester.

Midatlantic

Affordability Extended at The JBG Companies’ Falkland Chase

An agreement has been struck to extend the term of 90 rental assistance units at the Falkland Chase Apartments in Silver Spring, Md. The JBG Companies and Montgomery County’s Department of Housing and Community Affairs (DHCA) are the parties entered into the agreement.
Midatlantic 18 August 2014 13:00
Suburban D.C. Apartments Sell for $98M

Falkland Chase, an apartment property with 450 units, has traded hands for $98 million, or about $218,000 per unit.
Midatlantic 10 April 2013 19:17

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