Washington D.C.
Avison Young Arranges $16M Refi for VA Community
The 109-unit property in Arlington dates back to 1939. Three nearby metro stations and its proximity to Interstate 66 contribute to the asset’s accessibility.
Continental Realty Sells 236-Unit NoVa Community
The Chase Heritage community in Sterling is located in close proximity to Dulles International Airport and Dulles Town Center. CBRE’s Mid-Atlantic team facilitated the transaction.
Pantzer Properties Buys $88M MD Asset
The company has expanded its portfolio with Rolling Hills, a 468-unit property located in Germantown that includes a tot lot, a dog park and a soccer field.
Republic Properties Acquires $78M VA Asset
CBRE arranged the sale of Crystal Woods of Alexandria, a value-add community that offers a fitness center, 25 laundry facilities and 450 parking spaces.
Luxury Community Breaks Ground in Capitol Hill
With delivery planned for 2020, Foulger-Pratt’s Beckert’s Park in D.C. will feature 325 units and 68,000 square feet of ground-floor retail, including a Safeway store.
PCCP, Insight Property Acquire $132M VA Community
Oakwood Falls Church comprises 576 units across four buildings and offers residents access to a 15,000-square-foot clubhouse, an on-site convenience store and a hot tub.
Combined Properties Snags VA Asset for $41M
Reston Glade includes 200 units and has a 96 percent occupancy rate.
Walker & Dunlop Arranges $40M for Hotel-to-Multifamily Makeover
The firm structured equity and debt financing for The Mark, a 227-unit community in Alexandria, Va. Northpoint Realty Partners and Persimmon Capital Partners are the project sponsors.
AHC Starts Work on $100M VA Affordable Project
An outdated property in Arlington will be transformed into a 256-unit community. The redevelopment is expected to be completed in 2020.
FCP Sells Suburban DC Community for $25M
Built in 1968, River Pointe features 170 units and is situated roughly 14 miles south of Washington, D.C. The former owner purchased the property in 2011, as a value-add investment.