Alexandria
NorthMarq Secures $20M Acquisition Loan for Metro D.C. Office Property
NorthMarq has arranged a $19.5 million loan for 1199 North Fairfax Street, a 108,118-square-foot office building in Alexandria, VA. Located… Read more
CIM Group Snags 2,346-Unit MF Property in Alexandria for $506M
CIM Group has acquired Southern Towers, a 2,346-unit multifamily property in Alexandria. The sales price was reported as $506 million.… Read more
EagleBank Invests $5M in Washington Housing Initiative
Washington D.C. community bank EagleBank has committed $5 million to the Washington Housing Initiative’s Impact Pool, a market-driven approach to… Read more
Ashland Capital to Build 842-Unit Mixed-Income Community in Old Town Alexandria
New York-based Ashland Capital Partners plans to redevelop an aging apartment complex in Old Town Alexandria into an 842-home mixed-income… Read more
IDA Secures 15-Year Lease With City of Alexandria at Mark Center
The Institute for Defense Analyses (IDA) has secured a 15-year lease with the City of Alexandria, which will move into… Read more
Berkadia Lines Up Nearly $200M in Refi, Acquisition Debt
Berkadia recently completed deals totaling nearly $195 million for five multifamily properties, including four in the Washington, D.C. metro area. A… Read more
Crystal City BID Will Rename as It Expands Reach
The Crystal City Business Improvement District received formal approval from the Arlington County Board to change its name to the National Landing… Read more
Xenia Set for Sale of 7 Hotels for $483M
Florida’s Xenia Hotels & Resorts is selling a seven-hotel portfolio for $483 million to an undisclosed buyer. The portfolio totals… Read more
Inova to Open Health Care Facility at 13-Acre Site in Alexandria
Inova Health System plans to open Inova Healthplex, a new health care facility on 13 acres in Alexandria. The site… Read more
Tryko Acquires Three Virginia Skilled Nursing Facilities
Tryko Partners has acquired three skilled nursing facilities in Virginia for an undisclosed price. The acquisition is part of a… Read more
JBG Smith Secures $104M in Commitments to D.C. Housing Initiative
Owner and developer of mixed-use properties in the D.C. area, JBG Smith has announced that the firm’s Washington Housing Initiative’s… Read more
Newly Launched Asland Capital Will Focus on Workforce Housing
Private equity real estate veteran James H. Simmons III launched Asland Capital Partners, specializing in multifamily, mixed-use and retail investments.… Read more
PRP Secures $80M in Financing for Office to Residential Conversion in DC
D.C.-based developer PRP has secured $80 million in financing for an office-to-residential conversion in Alexandria. The planned $81 million project… Read more
Hamilton Zanze Acquires 248-Unit Metro D.C. Apartment Community
National real estate investment firm Hamilton Zanze has acquired Abbotts Run apartments in Alexandria, VA. The sales price was undisclosed.… Read more
Amenities That Are No Longer — Amenities
Plenty has been written about the so-called “amenity wars.” Apartment developers and owners are doing what they can to offer… Read more
Washington REIT Snags Apartment Community in Alexandria for $70M
Washington REIT has acquired Cascade at Landmark Apartments, a 277-unit multifamily community in Alexandria, VA. The sales price was reported… Read more
IDA Breaks Ground on 370K-SF HQ Building in Alexandria
The Institute for Defense Analyses, a nonprofit corporation running three federally-funded research and development centers, has officially broken ground on… Read more
First Washington Realty Claims Metro D.C. Retail Portfolio for $485M
Real estate investment firm First Washington Realty acquired a five-property retail portfolio in the Washington, DC metro area for $485… Read more
White Star Acquires Historic Alexandria MXU Property
Maryland-based real estate investment firm White Star Investments acquired 110 S. Pitt St., an historic 9,000-square-foot building in Alexandria, VA.… Read more