Multifamily news in Washington DC
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FCP Sells Multifamily Assets to Reliant Group for $71M
The sale of the three properties marks the final disposition of FCP’s St. Charles Portfolio, which the company originally acquired in 2009.
05 October 2018 17:02 -
Morgan Properties Buys DC-Area Community for $62M
HFF brokered the sale of the 308-unit community, which is located inside the Capital Beltway and within a 10-mile drive of downtown D.C.
21 September 2018 13:52 -
FCP Sells Affordable Communities in DC Area for $56M
The properties are part of the larger St. Charles portfolio that the company purchased in 2009 and is selling in stages.
19 September 2018 16:09 -
FCP, Level 2 Sell DC-Area Luxury Community
Takoma Central was completed in 2015 and represented the first ground-up development to be added to the historic Takoma neighborhood in four years.
06 September 2018 20:55 -
Geller Associates Sells in the DC Area
Greysteel represented the company in the disposition of Regency Court, a 115-unit property in Suitland, Md.
03 September 2018 15:22 -
Greystar, Carlyle Group Buy WV Student Housing
The joint venture purchased The Domain at Town Centre, which includes 336 units and is located near West Virginia University and Fairmont State University.
29 August 2018 15:27 -
Greystone Arranges $69M for MD Property
Brokers Dan Sacks and Eric Rosenstock of the company’s New York CIty office originated the Fannie Mae DUS loan for the purchase of a 486-unit community in Lanham.
27 August 2018 13:11 -
Sage Management Adds 687 Units in MD
The company paid $113 million for two properties in the D.C. and Baltimore metros. The communities will be owner-managed and will receive amenity improvements and various renovations.
23 August 2018 19:10 -
DC Apartment Community Trades for $42M
The new owner, Urban Investment Partners, is planning to implement a $1 million capital improvements plan to upgrade and renovate the asset located at 3333 Wisconsin Ave.
20 August 2018 19:11 -
CIM Group Makes DC Mixed-Use Purchase
Trellis House is a newly constructed property in the city’s Shaw/U Street Corridor with 319 units and 11,000 square feet of ground-floor retail.
09 August 2018 14:07 -
On the Market: 5 Interesting Listings for the Week of 7/23
This week's listings include a spacious community in west Portland, a 196-unit community just outside of central D.C. and more.
27 July 2018 15:23 -
Torchlight Investors, Hampshire Properties Snag MD Asset
Milestone Apartments has 576 units in 27 buildings spread across 32 acres of land. The new owners are planning a value-add strategy that will include various upgrades.
25 July 2018 15:04 -
Top 6 DC Market Trends
Transwestern Managing Director Elizabeth Norton and Delta Associates President William Rich outline six forces shaping the city's commercial real estate industry in a candid podcast interview.
18 July 2018 19:54 -
SunTrust Community Capital Provides $11M for DC Senior Housing
The 80-unit Abrams Hall Senior Apartments is the residential component of The Parks at Walter Reed, a 66-acre redevelopment of the former Walter Reed Army Medical Campus.
17 July 2018 17:18 -
Novare, Mulberry Development Kicks Off VA Community
The 302-unit, transit-oriented Cameron Park will be located in the West End of Alexandria, near the Van Dorn Metro Station.
13 July 2018 16:34