Washington D.C.
Washington, D.C., Multifamily Report – November 2023
The rental sector continued to decelerate at the end of 2023.
Chevy Chase Land, Bozzuto Receive Approvals for DC-Area Community
The 220-unit mixed-use property is the second phase of the partnership’s Chevy Chase Lake project.
Bell Partners Acquires 493-Unit Asset in Metro DC
The property previously traded for more than $180 million.
JLL Arranges Refinancing for DC-Area Manufactured Property
Audubon Estates has 700 sites within the Alexandria, Va., manufactured home community.
Equity Residential Lands $350M Refi for 5 Communities
This portfolio totals more than 1,600 units across three major markets.
LCOR Lands $92M for Metro DC Luxury Project
Parcel H is part of a multi-phase development that will comprise more than 1,300 units.
$74M Makeover Commences at DC Affordable Properties
This project combines ground-up development and a major renovation.
Tower Cos. Lands $188M Refi for DC-Area Portfolio
PGIM Real Estate provided the fixed-rate financing.
Aspen Heights Tops Out DC-Area Student Community
The developer took out a $46.3 million construction loan.
Jonathan Rose Cos. Sells DC-Area Affordable Asset for $69M
The buyer financed the purchase with a $36 million Freddie Mac loan.