Washington D.C.

Washington, D.C., Multifamily Report – November 2022

While the market is cooling off, projects across the capital are pushing through.

Aubinoe Management Lands $40M Refi for DC-Area Community

Eastern Union arranged the loan, which was provided by Fannie Mae.

Sovren

Gilbane to Build Mixed-Income Community in DC Suburb

The transit-oriented development marks the second partnership between Gilbane and Amazon in the Washington area.

Willco Breaks Ground in DC’s Golden Triangle

Plans for the former Peace Corps headquarters include the redevelopment of office space into apartments.

JAG, Mitsui Fudosan to Develop Northern Virginia High-Rise

The upscale community will be close to the Georgetown neighborhood and the Washington, D.C., core.

DCHFA Funds $105M DC Affordable Project

The redevelopment will feature a rooftop solar system and is expected to be Enterprise Green Communities certified.

BLVD Loudoun Station.

Berkadia, Comstock Arrange $78M Loan in DC

The transit-oriented development is part of a 1 million-square-foot mixed-use property.

The Avant

Boston Properties Pockets $141M for Virginia Asset

The sale represents the final stage of a reverse 1031 exchange.

TGM Moorefield. Image courtesy of TGM Associates

TGM Buys DC Community

The new owner is planning extensive renovations to unit interiors at the 11-acre property.

Arcland Pays $113M for Metro DC Portfolio

The two facilities offer a total of 3,100 units.