Washington D.C.
JV Breaks Ground on 2 DC Communities
Developers Urban Atlantic, Hines and Triden Development Group will deliver 390 market-rate and affordable housing units through The Vale and The Brooks, located within The Parks at Walter Reed.
Berkadia Arranges $125M Financing for VA Properties
Totaling 655 units, the upcoming Magnolia Green Apartments and Faraday Park at Reston Station communities are located in Moseley and Reston.
Morgan Properties Acquires 4,130-Unit Portfolio
Metro Philadelphia’s largest-ever multifamily deal, the acquisition makes Morgan the largest owner-operator in the market.
Avanath Buys Maryland Senior Community
Delivered in 2006, the 102-unit Victoria Park at Edgewater in Anne Arundel County traded for a little over $11.3 million.
TGM Associates Buys 2nd Community in Manassas, VA
The company plans to implement a thorough renovation program to the community, including in-unit renovations and improvements to the common-area amenities.
Elion, Buchanan Partners Break Ground in Suburban D.C.
The 254-unit luxury community is slated for completion in 2020 and will feature a plethora of high-end amenities. The developer will seek to obtain National Green Building Standard certification.
JV Acquires MD Community for $43M
The Donaldson Group, Declaration Capital and Angelo, Gordon & Co. purchased the 288-unit Plaza Towers in Hyattsville. The new owners will implement a capital improvement plan to modernize the property.
Mitsui Fudosan, ZOM Living Break Ground on MD Community
The joint venture has launched construction of Maizon Bethesda, a transit-oriented development with 229 apartment units in Bethesda.
In Case You Missed It: MHN’s Top 5 Posts in February
Miss any of our articles? Catch up with five of our most popular posts for the month.
Mill Creek Residential Kicks Off VA Mixed-Use
The lifestyle center taking shape in Falls Church will include 394 apartments and 90,000 square feet of retail space, slated for completion in the summer of 2021.