Multifamily news in Washington DC
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Common Expands Washington, DC Co-Living Presence
JBG SMITH tapped the company to manage apartments at its National Landing community in Arlington, Va.
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Suburban Maryland Community Trades for $42M
Eastern Union brokered the sale of the 254-unit property in Oxon Hill.
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StoneBridge Investments Acquires Maryland Apartments
CBRE represented the seller in the deal and arranged financing on behalf of the new owner.
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Nuveen Pays $110M for Metro DC Asset
The 365-unit Rockville, Md., property is located in a major life sciences cluster.
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Amazon Commits $300M Toward Affordable TODs
This part of the company’s $2 billion fund will help develop projects in Washington state, Tennessee and Virginia.
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Top 10 Markets for Construction Activity
These markets account for 39 percent of the nation’s pipeline, according to Yardi Matrix data.
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Castle Lanterra Sells Maryland Community for $154M
Transwestern arranged the sale of the 608-unit Annapolis property.
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Harbor Group Trades Suburban DC Community
The seller invested in capital improvements at the property after buying it for $108.5 million in 2015.
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JBG SMITH Secures Approval for National Landing Apartments
The towers may start construction as soon as the beginning of 2022 and will total 758 units.
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Howard Hughes Corp. Secures $83M Loan for Maryland Apartments
The community in Columbia, Md., will be part of a 14 million-square-foot master-planned development called the Merriweather District.
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Clarion, Blackfin Acquire Virginia Apartments for $113M
The 444-unit community in Manassas saw recent renovations to its units and amenities.
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Affordable Senior Community Opens Near Washington, DC
UrbanMatters Development and Atlantic|Pacific Communities broke ground on the project in 2019.
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Quantum Equities Lands $87M Refi for Maryland Apartments
Greystone arranged the Fannie Mae DUS loan for the 486-unit community in Lanham.
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Bonaventure Begins Pre-Leasing Virginia Apartments
The 200-unit Palmer's Creek in Fredericksburg will start move-ins this summer.
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Common Tapped to Operate Co-Living Units at Washington, DC Community
W5 Group chose the company to manage 239 beds at its i5 Union Market property.