Washington D.C.
Demand, Supply Strike a Balance in Washington, D.C.
The metro’s growing multifamily market is backed by strong population gains and steady economic expansion.
Amazon’s HQ2: The Multifamily Impact
Executives weigh in on the implications for residential markets in Crystal City, Va., and Long Island City, N.Y., Amazon’s future HQ2 campuses.
On the Market: 5 Interesting Listings for the Week of 10/29
This week’s listings include a two-property portfolio in McAllen, Texas, a turnkey investment opportunity in Rhode Island, and more.
JV Lands $156M Financing for VA Property
HFF arranged the floating-rate loan for Modera Avenir Place on behalf of the owner, a partnership between Mill Creek Residential Trust and institutional investors advised by J.P. Morgan Asset Management.
J Street Begins Work on 9-Unit DC Condo Project
John Marshall Bank provided construction financing for The Pacifica, a luxury community to be built at the confluence of Dupont Circle and West End neighborhoods.
Penzance Targets Metro Washington with $255M Fund
For its first private-equity fund, the investor-developer anticipates parlaying capital into a portfolio valued at $800 million to $1 billion
Snell Enters D.C. Luxury Market With $43M Buy
Elysium Fourteen, situated in central Washington, D.C., is an adaptive reuse project incorporating two historic buildings. The property includes 12,800 square feet of retail.
Top 10 Largest Metro DC Multifamily Developments
Despite the vast majority of recently delivered communities being classified as luxury rentals, many of the biggest projects underway contain significant affordable components.
VA Apartments Command $90M
HFF facilitated the sale of a six-story, 173-unit multifamily property in Ballston, on behalf of a joint venture between The Penrose Group and Clark Enterprises.
FCP Sells Multifamily Assets to Reliant Group for $71M
The sale of the three properties marks the final disposition of FCP’s St. Charles Portfolio, which the company originally acquired in 2009.