Virginia
CIM Group Launches National Power Platform
CIM Group has launched Permanent Power Company, a national power platform, following a series of recent transactions that include securing… Read more
Continental Realty Corporation Acquires 14-Property Shopping Center Portfolio
Baltimore-based Continental Realty Corporation (CRC) has completed an off-market acquisition of a 14-property retail portfolio spanning seven states and encompassing… Read more
Newmark Arranges Sale & Financing of Northern Virginia Office Property
Newmark has arranged the sale and acquisition financing for Monument III, a Class A office building in Herndon, Virginia. Crown… Read more
JV Secures $195M for Residential Development in Arlington
Hoffman & Associates has partnered with Snell Properties and Mitsui Fudosan America, Inc. to develop 4600 Fairfax, a $195 million… Read more
Macerich Acquires Annapolis Mall for $272M
Macerich has purchased Annapolis Mall, along with a 13.1-acre vacant Sears parcel adjacent to the enclosed mall, for $272 million. Serving… Read more
Avison Young Represents BXP in $20M Sale of Kingstowne Retail & Cinema to Federal Realty
Avison Young completed the $19.7 million sale of 5900 Kingstowne Village Parkway, a fully leased 88,288-square-foot retail complex situated in… Read more
250K SF of Leases Signed at Arlington Office Towers, Major Renovations Underway
Beacon Capital Partners announced plans for significant strategic renovations at The Towers located at 1000 & 1100 Wilson Boulevard in… Read more
Primark to Open Second Store in Maryland at Mall at Prince George’s
International clothing retailer Primark will open its second store in Maryland at the Mall at Prince George’s in Hyattsville. The… Read more
Berkadia Secures $115M in Financing for Virginia Multifamily Properties
Senior Director Amy Gay of Berkadia’s FHA/HUD recently closed more than $115 million in HUD 221(d)(4) and HUD 223(f) loans.… Read more
Hoar Construction, American Real Estate Partners Complete Alexandria Office-to-Residential Conversion
Hoar Construction announced the completion of construction on CityHouse Old Town for American Real Estate Partners (AREP). CityHouse Old Town… Read more
Architecture Firm RDC Opens New Office in Virginia
International full-service architecture firm RDC has opened a new 2,400-square-foot DC Metro office located at One Loundon in Ashburn, Virginia.… Read more
Bonaventure Pays $40M for Virginia Beach Multifamily Property
Bonaventure announced the closing of Royal Pointe Apartments, a 208-unit multifamily community in Virginia Beach, Virginia. The $39.5 million acquisition… Read more
Berkadia Arranges $18M Sale of Virginia Townhome Community
Berkadia has arranged the $17.7 million sale of Ivy Gates, a multifamily townhome community located in Petersburg, Virginia, approximately 30… Read more
Integrated Building 250-Unit Plano Assisted Living Center
Integrated Real Estate Group is turning what was once the Plano Athletic Club at 4600 W. Park Blvd. into an… Read more
EYA, Simpson Development Secure Approval for Old Town Alexandria Townhome Project
Bethesda-based EYA, LLC, and Simpson Development Company, Inc., have secured entitlement for 333 N Fairfax, a new 32-unit townhome community… Read more
Lingerfelt, Partners Group Close $175M Sale of 1M-SF Virginia Industrial Portfolio
Lingerfelt and Partners Group completed the sale of a 1.16 million-square-foot WalthallNorthlake Industrial Portfolio located in the Richmond, Virginia, metropolitan… Read more
GID Residential Expands MF Development Platform With Mid-Atlantic Launch
GID announced the continued expansion of GID Residential Partners, its national development platform, with a strategic entry into the Mid-Atlantic… Read more
Federated Hermes Completes Acquisition of Multifamily Specialist FCP
Federated Hermes, Inc. has completed its $331-million acquisition of an 80% majority interestin FCP Fund Manager, L.P., a privately held… Read more