Washington D.C.
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.
Greysteel Brokers Sale of DC Affordable Senior Community
President & CEO Ari Firoozabadi and Director Henry Mathies acted on behalf of the seller and also procured the buyer of the 60-unit building.
Black Creek Borrows $63M for Maryland Community
JLL arranged the financing for the 333-unit property in Rockville’s Westside at Shady Grove neighborhood.
Skanska to Build $221M DC-Area Luxury Community
A groundbreaking is just weeks away for The Heming, a 410-unit multifamily project within the Scotts Run mixed-use development in Tysons, Va.
KETTLER Tapped to Manage Washington, DC Community
MRP Realty and FRP Development Corp. are developing the 264-unit riverfront property.
CIM Group Picks Up 939-Unit Community in Northern Virginia
The two-tower multifamily property in Falls Church, Va., was built in 1971 and sits in an Opportunity Zone.
An Insider’s View on DC’s Affordable Housing Market
MidCity Vice President & General Counsel Madi Ford shares insights on the challenges of building communities for the low- and middle-income residents and also discusses the company’s strategy to address the metro’s affordable housing shortage.
MRP Realty JV Lands $43M Loan for Transit-Oriented DC Project
The developers plan to break ground on the 161-unit project by the end of this year.