Richmond
Capital Square Fully Subscribes DST Offering for Richmond MF Property
Capital Square 1031 has announced that its offering, CS1031 2000 West Creek Apartments, DST, has been fully subscribed. The Regulation… Read more
Capital Square Taps Austin Griffin as CFO
Richmond-based national investment sponsor Capital Square has appointed Austin Griffin as chief financial officer. Additionally, the firm has hired Colleen… Read more
DF Multifamily Tapped to Manage Richmond Apartment Property
DF Multifamily, a division of real estate service and investment firm Drucker + Falk, has been tapped by Douglas Development… Read more
Capital Square Breaks Ground on MXU OZ Project in Richmond
Capital Square has announced the groundbreaking of Scott’s Collection, a ground-up, mixed-use project in the Scott’s Addition designated opportunity zone… Read more
Apple Hospitality Acquires Dual-Branded Hyatt Properties in Tempe for $65M
Richmond, VA-based Apple Hospitality REIT, Inc. acquired and opened the new 105-room Hyatt House and 154-room Hyatt Place in Tempe for… Read more
NorthMarq Adds Mid-Atlantic Investment Sales Team
NorthMarq has added Wink Ewing and Michael Marshall as managing directors with Ryan Rilee as associate VP to form a new… Read more
Net-Leased Retail Portfolio in Virginia Trades for $35M
JLL has arranged the $35.2 million sale of a five-building retail portfolio totaling 24,867 square feet in the Richmond, VA… Read more
Lord & Taylor Files for Bankruptcy Protection
Lord & Taylor, America’s oldest department store, filed for Chapter 11 protection Sunday, along with its owner, Le Tote Inc.… Read more
GBT Realty Secures Two Retail Anchor Tenants at Richmond Shopping Center
National commercial development and investment company GBT Realty Corp. has secured two new retail leases at Bermuda Square, a 136,600-square-foot… Read more
Glenmoor Oaks Apartments in Virginia Welcomes First Residents
Glenmoor Oaks, a 248-unit apartment community in Moseley, VA., has welcomed its first new residents July 5. The community is… Read more
Berkadia Secures $31M Refinancing for Metro D.C. Apartments
Berkadia has secured a $30.5 million loan to refinance Oak Ridge Apartments, a 491-unit, garden-style apartment community in Riverdale, MD.… Read more
Capital Square Secures Construction Financing for Mixed-Use OZ Project in Richmond
Capital Square has secured construction financing for Scott’s Collection I, a mixed-use multifamily property in the Scott’s Addition designated opportunity… Read more
Capital Square Appoints Slavny as Executive VP in Richmond
Richmond-based national investment sponsor Capital Square has appointed Marc Slavny as executive vice president of capital markets and director of… Read more
FirstService Residential Tapped to Manage 3,800-Home Community in Virginia
Residential property management company FirstService Residential has been tapped to provide full-service property management services to Brandermill Community Association, a… Read more
Capital Square Promotes Chris Hirth to VP of Asset Management
Richmond-based national investment sponsor Capital Square has promoted Chris Hirth to vice president of asset management. Additionally, the firm has… Read more
Berkadia Hires Carter Wood as Director in Richmond
Berkadia has hired Carter Wood as director in the firm’s Richmond office. Wood will be splitting time between Berkadia’s Newport… Read more
Mid-Atlantic Retail Portfolio Trades for $90M
Slate Retail REIT has acquired a seven-property, grocery-anchored retail portfolio in the Mid-Atlantic for $90 million. The portfolio totals 623,770… Read more
Microsoft Signs 400K-SF Lease at Reston Town Center in Metro D.C.
Tech giant Microsoft has signed a 400,000-square-foot office lease at Two Freedom Drive in Reston. The new office will have… 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