Washington D.C.
Bentall Kennedy Appoints New SVP in DC
Melanie Domres has more than 30 years of asset management experience, having previously founded Cafritz Interests’ Multifamily Development division, as well as Novus Residences Management.
WinnCompanies Redevelops 2 DC Affordable Housing Properties
In a two-year and $69 million endeavor, the company combined the 105-unit Atlantic Gardens and the 195-unit Atlantic Terrace and renamed the asset Atlantic Apartment Homes.
JV Sells Luxury MD Property to BlackRock
Built in 2015, the Flats at Bethesda Avenue offers 162 units and 40,000 square feet of retail space.
Luxury Condo High-Rise Coming to Tysons
Marketed as the Monarch, the 20-story tower will provide penthouses and one-, two- and three-bedroom apartments, all including private balconies.
Middleburg Management Taps New President
Duane Wooldridge brings approximately 15 years of operational experience to the organization and will oversee the firm’s property management portfolio.
Walker & Dunlop Secures $75M Refi for Properties in DC, CA
Located in central Washington, D.C., and Sacramento, the properties total 450 units. The bridge loans provide 12-month terms with flexible prepayment options.
Avanath Buys 3 Affordable Communities in NJ, MD
Through its Affordable Housing III fund, the company bought two properties in Upper Marlboro, Md., and one in Wharton, N.J., with plans to upgrade the assets.
DC-Area Portfolio Trades for $302M
FCP sold 11 communities in St. Charles, Md., to an affiliate of Strata Equity Group, after purchasing the properties in 2009 from American Community Properties Trust.
Perseus, Four Points Begin Construction on VA Mixed-Use
The vacant government office building at 200 Stovall St. in Alexandria will feature 520 apartments and 25,000 square feet of ground-level retail upon completion in 2019.
DC Radio Station Comes Back on Air as Apartments
Urban Investment Partners has completed Frequency Apartments, a 100-unit community in Tenleytown that used to house local National Public Radio affiliate WAMU.