Virginia
The Milestone Group Save $20M on Fairfax Multifamily Portfolio with Loan-Assumption Strategy
The Milestone Group, privately held real estate investment management firm, has acquired a three-property, value-add, multifamily portfolio totaling 870 units… Read more
Excel Group Acquires Strategically Located Hampton Inn in Yonkers
Arlington, VA-based real estate investment firm Excel Group recently completed the acquisition of the 150-key Hampton Inn & Suites Yonkers,… Read more
Foulger-Pratt Scores Full Lease for In-Progress Industrial Property in Sterling
Foulger-Pratt has secured a full-building lease for Gateway 28, a new Class A, 76,275-square-foot industrial property located at 22900 Indian… Read more
GBT Realty Corporation Parcels Off Richmond Retail Center for $37M in Proceeds
Brentwood, TN-based GBT Realty Corporation has sold a 77,850-square-foot portion of Bermuda Square, a 136,600-square-foot shopping center located in Richmond… Read more
Armada Hoffler Closes $100M ($200M Option) Fixed-Rate Unsecured Loan
Virginia Beach, VA-based Armada Hoffler, a self-managed real estate investment trust, has initiated a new $100 million unsecured term loan… Read more
GBT Realty Corporation Parcels Off Chester Retail Center for $37M in Proceeds
Brentwood, TN-based GBT Realty Corporation has sold a 77,850-square-foot portion of Bermuda Square, a 136,600-square-foot shopping center located in Richmond… Read more
Moses Lake Commerce Center Launches in Central Washington
Third Security, LLC, a Virginia-based investment management firm, has broken ground on Moses Lake Commerce Center, a 42-acre industrial development… Read more
Cranberry Grower, SolaREIT Closes Latter’s Largest Lease-Acquisition in Massachusetts
Vienna, VA-based SolaREIT, a solar real estate investment fund, has closed a lease-purchase for more than 125 acres of land… Read more
SolaREIT Closes Its Largest Lease Acquisition in Massachusetts with Cranberry Grower
Vienna, VA-based SolaREIT, a solar real estate investment fund, has closed a lease-purchase for more than 125 acres of land… Read more
ACRE’s $55M Loan Supports HHHunt’s $87M Acquisition of Nashville Community
ACRE has provided a $54.5-million loan to Blacksburg, VA-based HHHunt to support its $87-million acquisition of the newly built Abberly… Read more
Liberty Investment Partners Frees Up $8M to Acquire Yorktown Investment Center
Raleigh, NC-based Liberty Investment Partners, a privately held real estate investment, development and management firm focused on income-producing assets and… Read more
Vantage Secures $350M Loan for Santa Clara Data Center Project
Vantage Data Centers has announced plans to convert a recently purchased building at 2950 Walsh Ave. in Santa Clara, CA… Read more
Transwestern Development Company Selects Jeff Harris as Southeast Regional Partner
Transwestern Development Company has added Charlotte, NC-based Jeff Harris as regional partner for the company’s Southeast team. He is responsible… Read more
HHHunt Finances $60M to Buy Charlotte Multifamily Community for $91M
JLL has closed the $91-million acquisition of and the $60.3-million financing for Abberly NoDa Vista (formerly Live at NoDa), a… Read more
HHHunt Drops $91M for 261-Unit Community in Charlotte’s NoDa Neighborhood
JLL has closed the $91-million acquisition of and the $60.3-million financing for Abberly NoDa Vista (formerly Live at NoDa), a… Read more
St. John Properties, Tech Company EIT 2.0 Ink 11K-SF Deal in Leesburg
St. John Properties, Inc., and technology company EIT 2.0 have signed a lease agreement for the latter to take 10,800… Read more
Northmarq Secures $65M Refi for Virginia’s First Mass Timber Building
Northmarq has arranged the $65-million refinance of Apex Plaza, a 265,000-square-foot mixed-use cross-laminated timber property in Charlottesville, VA. Keith Wells,… Read more
HKB Hotel Group Pays $55M for Six Hyatt Place Branded Properties
Atlanta, GA-based HKB Hotel Group, LLC, has completed its $55-million acquisition of six Hyatt Place branded select-service hotels totaling 754… Read more
Safford Automotive Group Purchases Portfolio of 16 Car Dealerships in Virginia, Maryland
Safford Automotive Group has acquired a collection of 16 auto dealerships throughout VA and MD. Erin Rice and James S.… Read more