Washington D.C.
Washington, DC, Multifamily Report – July 2022
With some 37,000 units underway, the capital region has one of the nation’s largest pipelines.
WC Smith JV Lands $95M for DC Affordable Housing Project
The 130-unit development will be set aside for individuals earning at or below 60 percent of the area median income.
HASTA Buys Virginia Property
The 291-unit community in Manassas Park offers nearly 44,000 square feet of ground-floor retail.
Armada Hoffler Sells Maryland Property for $150M
This deal was part of the REIT’s recent $200 million disposition plan for noncore assets.
Bonaventure Adds 200 Units to Virginia Property
The upscale community will have an additional two buildings.
Cortland Buys 2nd Virginia Luxury Tower
This purchase comes just a few months after the firm bought another building in the same development.
Breeden Co. to Develop Richmond Apartments
Completion of the project is scheduled for spring of 2024.
Bonaventure Sells Virginia Community for $100M
Berkadia facilitated the sale of the 289-unit property that was completed in 2020.
MRP Realty, Barings Land $69M to Advance DC Project
Branded as The 202, the third phase of Washington Gateway is scheduled to break ground in August.