Multifamily news in Washington DC

Historic DC Student Housing Starts Makeover
After housing government workers in wartime and serving generations of students, two historic dormitories in the nation's capital will get a third life as market-rate communities.
Student Housing
Greysteel Brokers Sale of DC Regenesis Portfolio
The five affordable properties include 482 units. President & CEO Ari Firoozabadi, Managing Director Kyle Tangney and Senior Investment Associate Alicia Orkisz arranged the transaction.
Slideshow
VA Property Changes Hands in $65M Deal
The JBG Cos. disposed of Fairmont Gardens, a 388-unit multifamily community in Annandale, Va., one year after acquiring it for $47 million.
Slideshow

  • Waterton Secures DC-Area Luxury Community

    Built in 1992, the 404-unit Citizen at Shirlington Village will undergo renovations to its unit interiors and common areas.

    23 August 2017 14:49

  • DC-Area Community Trades for $129M

    Located one mile east of Interstate 270, Fenestra was completed in 2008 and is part of the 1.7 million-square-foot Rockville Town Square.

    21 August 2017 17:33

  • JV Snags $90M DC-Area Portfolio

    Besyata Investment Group and The Scharf Group purchased The Communities at Arbor Vista in the Washington, D.C., submarket of Adelphi, Md. The partnership plans to modernize both the amenities and units.

    04 August 2017 14:31

  • Berkadia Taps Senior Housing Lead

    With nearly two decades of industry, Tim Cobb joins the firm’s D.C. office as managing director & senior housing and health care investment sales lead.

    03 August 2017 20:47

  • VA Community Sells for $115M

    An affiliate of Pantzer Properties acquired a 576-unit community located roughly 30 miles from downtown D.C. The company will rename the asset The Point at Manassas.

    26 July 2017 19:41

  • Grosvenor Launches Pre-Leasing at DC-Area Community

    Central is a 231,589-square-foot mixed-use development site that will offer 243 residential rental units above 15,080 square feet of ground-floor retail space.

    26 July 2017 19:37

  • Luxury Brand Ampeer Debuts in DC’s Dupont Circle

    The community includes 92 units, along with dedicated food and drink service, events programming and even the provision of linens and glassware selected by the property’s design contingent.

    26 July 2017 14:11

  • Top 10 Largest DC Communities Under Development

    The city's multifamily market is experiencing strong fundamentals, including robust employment, healthy population gains and record-breaking rental rates, per-unit prices and median home values.

    20 July 2017 08:59

  • Equus Sells $100M Communities in Virginia

    Chandler Management purchased two residential properties totaling 676 units in Fredericksburg, Va. The seller, Equus, purchased both assets in 2012 for a total of $74.3 million.

    17 July 2017 19:12

  • ROSS Appointed Manager of DC-Area Apartments

    The company will oversee renovations to the apartments, additional improvements and upgrades. Admiral Place marks ROSS’s fourth management assignment for the community’s new owner.

    12 July 2017 16:06

  • $43M DC Affordable Community to Open Next Spring

    Portner Flats will bring 96 affordable units to the popular U Street Corridor in Northwest, D.C. The project is a public-private partnership between the District, Somerset Development, Jonathan Rose Cos., New Community Partners and other entities.

    03 July 2017 13:57

  • J Street Lands Dupont Circle Site for Condo Project

    The developer plans to build The Pacifica, a nine-unit luxury community in Washington, D.C. In partnership with the Dupont Circle Citizens’ Association, the company is offering the historic buildings currently on the site for free.

    28 June 2017 15:11

  • DC Asset Changes Hands for $3.5M

    Marcus & Millichap closed the sale of Gresham House, a 15-unit community in the Columbia Heights neighborhood of Washington, D.C. The property includes 3,358 square feet of retail and office space.

    20 June 2017 15:59

  • Pillar Secures Co-Op Loan for DC Community

    The 273-unit mid-century asset received $14 million in refinancing via a fixed-rate Fannie Mae cooperative loan with a 30-year amortization schedule.

    15 June 2017 09:40

  • Republic Snags $100M for DC Apartments

    The company received construction financing from CapitalSource for Portals Residential Phase V Building, which will be a 13-story community with 373 units.

    12 June 2017 09:32