Washington D.C.
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.
Skanska Tops Off 12-Story RESA Community in NoMa
RESA is a 326-unit luxury development constructed along the NoMa Meander, a four-block pedestrian promenade connecting New York Avenue and Pierce Street.
JV Closes Financing for VA Waterfront Community
Located in Alexandria’s historic Old Town neighborhood, the property will feature three condominium buildings, 26 townhomes, additional ground-floor retail and a renovated pier.
Flower Branch to Rebuild DC-Area Apartments Lost in Explosion
The company will break ground on two buildings totaling 27 units, replacing two structures that were destroyed by a deadly fire in August 2016.
Jamestown Snags The Ellington for $119M in DC
Situated in the historic U Street neighborhood, the property features 190 residential units and an additional 16,760 square feet of retail.
HFF Arranges $96M for DC Development
EastBanc’s 176-unit property will feature a courtyard, rooftop pool and cafe. Groundbreaking is slated for early 2019.
J Street Buys Land to Develop DC Condos
The upcoming 60,000-square-foot community targeting first-time home buyers will be located in the NoMa/Union Market area and comprise 62 units.