Washington D.C.
Balfour Beatty to Develop DC-Area Student Housing
The project is being funded through revenue bonds provided by the Maryland Economic Development Corporation.
Foulger-Pratt Acquires Washington, DC-Area Community for $63M
JLL represented the seller in its disposition of the 235-unit asset in College Park, Md.
Northern Virginia Student Housing Conversion Gets New Management
Marymount University acquired the 267-unit multifamily asset for $95 million in early 2019.
Revamped DC Community Trades for $14M
The seller invested more than $1.5 million in capital improvements at Glenwood Apartments.
EDGE Launches Multifamily Capital Markets Division
Ryan Ogden and Jared Emery will lead the newly formed platform in Washington, D.C.
Alexandria Housing Buys Virginia Community for $106M
JBG SMITH will serve as the property manager for the apartments located near Amazon’s HQ2.
Blue Ocean Buys Washington, D.C.-Area Community
The River Front Apartments in Savage, Md., will undergo capital improvements by the new owner.
Hines Acquires Newly Constructed Virginia Community
Developed in an undersupplied submarket of Washington, D.C., The Emerson features a mix of studio, one-, two- and three-bedroom apartments for a total of 355 units.
Hunt Capital Partners, Pennrose Expand Affordable Housing Project
The companies have secured $4.5 million in financing to build 55 senior living units as part of the second phase of the Residences at Glenarden Hills development in Lanham, Md.
Washington, D.C., Multifamily Report – Fall 2019
Multifamily rents in the metro have picked up since June 2019, after several years of below-trend growth caused a supply surplus.