Washington D.C.
DCHFA Closes $11M Deal to Fund DC Affordable Community
The agency issued $11.3 million in bond financing for the preservation of 94 affordable units at Maplewood Apartments in the southeast quadrant of the nation’s capital.
Enterprise Community Investment Combines With CPDC
The deal represents an opportunity for the companies to improve access to affordable housing at a time when prices are rising and credits are limited.
IDI Completes Luxury VA Property
The company completed the first of two buildings in its Rivergate community, located in Woodbridge. Kettler is handling the management.
Affordable VA Community Receives Preservation Deal
Standard Communities and the National Foundation for Affordable Housing Solutions acquired Park Shirlington in Arlington. Designed for low-income families, the property includes 294 units.
DC Community Receives $58M Loan
Citizens Bank arranged the loan for a 295-unit, Class A apartment community located in the Brookland neighborhood, northeast of the city center.
The Lindley Tops Out in MD
One of the first significant residential community additions in the Chevy Chase area in decades, EYA’s community will feature 200 units spread across 11 stories.
DC-Area Luxury Tower Tops Out
Gallery Bethesda II rises 17 stories and will provide 240,000 square feet of luxury apartments and ground-floor retail. The project was designed according to LEED Gold requirements.
$277M MD Portfolio Changes Hands
The four-asset NOAH portfolio brings Morgan Properties’ total multifamily investments to $1.2 billion and more than 8,600 units during the past year.
HFF Secures Loan for DC Community
The 142-unit luxury apartment community is part of City Market @ O, a mixed-use two-block development in the Shaw neighborhood of Washington, D.C.
ARA Newmark Brokers Sale of $131M MD Asset
The Avanti is a 930-unit community in District Heights, Md. Constructed in 1965, the property underwent renovations between 2012 and 2016.