Multifamily news in Washington DC
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Northern Virginia Student Housing Conversion Gets New Management
Marymount University acquired the 267-unit multifamily asset for $95 million in early 2019.
21 February 2020 08:01 -
Revamped DC Community Trades for $14M
The seller invested more than $1.5 million in capital improvements at Glenwood Apartments.
17 February 2020 14:47 -
EDGE Launches Multifamily Capital Markets Division
Ryan Ogden and Jared Emery will lead the newly formed platform in Washington, D.C.
12 February 2020 14:04 -
Alexandria Housing Buys Virginia Community for $106M
JBG SMITH will serve as the property manager for the apartments located near Amazon's HQ2.
10 February 2020 21:50 -
Blue Ocean Buys Washington, D.C.-Area Community
The River Front Apartments in Savage, Md., will undergo capital improvements by the new owner.
05 February 2020 16:50 -
Hines Acquires Newly Constructed Virginia Community
Developed in an undersupplied submarket of Washington, D.C., The Emerson features a mix of studio, one-, two- and three-bedroom apartments for a total of 355 units.
28 January 2020 15:21 -
Hunt Capital Partners, Pennrose Expand Affordable Housing Project
The companies have secured $4.5 million in financing to build 55 senior living units as part of the second phase of the Residences at Glenarden Hills development in Lanham, Md.
21 January 2020 18:53 -
Washington, D.C., Multifamily Report – Fall 2019
Multifamily rents in the metro have picked up since June 2019, after several years of below-trend growth caused a supply surplus.
21 January 2020 13:00 -
Greysteel Brokers Sale of DC Affordable Senior Community
President & CEO Ari Firoozabadi and Director Henry Mathies acted on behalf of the seller and also procured the buyer of the 60-unit building.
08 January 2020 11:33 -
Black Creek Borrows $63M for Maryland Community
JLL arranged the financing for the 333-unit property in Rockville's Westside at Shady Grove neighborhood.
07 January 2020 14:28 -
Skanska to Build $221M DC-Area Luxury Community
A groundbreaking is just weeks away for The Heming, a 410-unit multifamily project within the Scotts Run mixed-use development in Tysons, Va.
30 December 2019 15:05 -
KETTLER Tapped to Manage Washington, DC Community
MRP Realty and FRP Development Corp. are developing the 264-unit riverfront property.
16 December 2019 21:17 -
CIM Group Picks Up 939-Unit Community in Northern Virginia
The two-tower multifamily property in Falls Church, Va., was built in 1971 and sits in an Opportunity Zone.
16 December 2019 19:51 -
An Insider’s View on DC’s Affordable Housing Market
MidCity Vice President & General Counsel Madi Ford shares insights on the challenges of building communities for the low- and middle-income residents and also discusses the company’s strategy to address the metro’s affordable housing shortage.
29 November 2019 15:08 -
MRP Realty JV Lands $43M Loan for Transit-Oriented DC Project
The developers plan to break ground on the 161-unit project by the end of this year.
29 November 2019 06:37