Multifamily news in Washington DC
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Howard University Expands Partnership with Corvias
The public-private partnership has already completed the $71M renovation of two residence halls housing more than 2,000 students and staff in Washington, D.C.
05 February 2019 16:39 -
In Case You Missed It: MHN’s Top 5 Posts in January
Miss any of our articles? Catch up with five of our most popular posts for the month.
01 February 2019 11:56 -
MD Apartments Change Hands in $87M Deal
The Donaldson Group partnered with Declaration Capital and a fund managed by DRA Advisors to acquire a 592-unit garden-style community in Silver Spring, with plans to renovate the asset in the year ahead.
01 February 2019 09:29 -
Urban Investment Partners Re-Acquires DC Asset for $22M
The firm purchased the Policy, a 62-unit apartment community in the city’s historic Kalorama neighborhood. UIP previously owned the building from 2008 to 2014.
23 January 2019 09:23 -
Avanath Strengthens East Coast Presence
The company is the new owner of two assets in Harlem, N.Y., and Temple Hills, Md. For a combined $36.3 million, Avanath purchased 202 affordable housing units.
18 January 2019 10:21 -
DC Condo Asset Receives $35M Construction Loan
HFF represented the borrower, a partnership that intends to use the financing for the development of a 99-unit low-rise in the NoMa submarket.
26 December 2018 21:53 -
MD Community to Receive $51M Financing
The non-recourse, fixed-rate first mortgage provides for the acquisition of Woodvale Apartments, a 376-unit mid-rise community located just north of Washington, D.C.
11 December 2018 16:48 -
Affordable DC Asset Receives $39M in Financing
The NHP Foundation secured the loans, which will preserve Takoma Place, a 104-unit property in suburban Maryland.
07 December 2018 11:13 -
80 Percent Affordable Community Replaces DC Hospital
Flaherty & Collins Properties and Anacostia Economic Development Corp. are developing Residences at St. Elizabeths East, which contains 202 affordable apartments.
04 December 2018 14:22 -
DC-Area Community Gets $78M Refi Loan
PGIM Real Estate provided the 35-year, fixed-rate FHA loan to Bonaventure Realty Group for The Encore Apartments in Alexandria, Va.
03 December 2018 19:14 -
DC-Area LIHTC Portfolio Changes Hands for $31M
Greysteel facilitated the sale of 286 units spread across three affordable properties, which are restricted to residents age 62 and over.
29 November 2018 15:03 -
MD Student Housing Price Sets Record
CBRE assisted Greystar and Rockpoint Group in the $235 million sale, which marks the largest transaction for a single student housing asset in the U.S.
28 November 2018 17:59 -
Luxury Mixed-Use Project Underway on Capitol Hill
SGA Cos. and Evergreen Private Finance are developing The Rushmore, which will feature 117 high-end apartments, street-level retail and a revamped historic building on Pennsylvania Avenue.
27 November 2018 14:50 -
Demand, Supply Strike a Balance in Washington, D.C.
The metro’s growing multifamily market is backed by strong population gains and steady economic expansion.
13 November 2018 14:58 -
Amazon’s HQ2: The Multifamily Impact
Executives weigh in on the implications for residential markets in Crystal City, Va., and Long Island City, N.Y., Amazon's future HQ2 campuses.
07 November 2018 22:45