Virginia
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
Northmarq Facilitates $9M Sale of Fully Leased Class A Office in Virginia Beach
Northmarq has brokered the $8.7-million sale of a Class A office building located at 1741 Corporate Landing Parkway in Virginia… Read more
Insight Property Group Acquires Reston Community for Affordability Preservation
Arlington, VA-based Insight Property Group, with partner AHC, Inc., has acquired Colvin Woods Apartments, a 259-unit community on Becontree Lake… Read more
MDH Partners Obtains $67M Acquisition Financing Loan for 900K-SF Industrial Portfolio
Atlanta, GA-based MDH Partners has closed $67.4 million in first-mortgage acquisition financing to support the MDH Estrella portfolio, which comprises… Read more
Armada Hoffler, Morgan Stanley Shake on Lease Expansion at Thames Street Wharf in Baltimore
Virginia Beach, VA-based Armada Hoffler has finalized a lease extension and expansion with Morgan Stanley at its Thames Street Wharf… Read more
Featherstone Partners Floats $36M into Purchase of Virginia Beach Multifamily
Virginia Beach, VA-based Featherstone Partners has completed its $36-million purchase of Royal Pointe Apartments, a 208-unit, garden- and townhome-style asset… Read more
Artemis Real Estate Partners’ $1B JV Buys Portfolio of 12 Medical Office Buildings
Chevy Chase, MD-based Artemis Real Estate Partners — in a $1-billion joint venture with Jupiter, FL-based Rendina Healthcare Real Estate… Read more
Marietta Multifam Fetches $76M, 200% Total Return for Capital Square DST
Glen Allen, VA-based Capital Square has sold Ivy Commons Apartments, a 344-unit community in Marietta, GA, for $75.5 million. The… Read more
Arcland Property Company Acquires Off-Market Self-Storage Facilities in VA, MD
Washington, DC-based Arcland Property Company has acquired self-storage facilities at 4551 Eisenhower Ave, Alexandria, VA and 3700 Plyers Mill Rd,… Read more
Rendina Healthcare Real Estate’s $1B JV Buys Portfolio of 12 Medical Office Buildings
Jupiter, FL-based Rendina Healthcare Real Estate — in a $1-billion joint venture with Chevy Chase, MD-based Artemis Real Estate Partners… Read more
$301M Sale of Ashburn Data Center Catapults DC Region to Decade’s Top US Digital Infrastructure Market
Ashburn, VA’s Quantum Park was the star digital infrastructure asset of the last 10 years, according to a report by… Read more
Ginormous Leap in Food Deliveries Prompts Bell Partners to Install Smart Pickup Pods
Greensboro, NC-based Bell Partners, Inc., and Minnow Technologies, Inc., have agreed to deploy Minnow’s smart-food delivery management amenity in select… Read more
Fully Leased Virginia Beach Retail Strip Center Trades for $3M
Colliers has brokered the $2.5-million sale of Kings Creek Shoppes, a 13,685-square-foot strip shopping center at 6361-6365 Indian River Road… Read more
Southwood Realty Acquires Class A Multifamily in Lynchburg for $69M
Gastonia, NC-based Southwood Realty has acquired West Edge Apartments, a 270-unit, Class A community in Lynchburg, VA for $68.9 million.… Read more
CoStar Group Breaks Ground on 750K-SF Campus Expansion in Richmond
CoStar Group has broken ground on its research and technology center expansion in Richmond, VA. With the corporate campus expansion… Read more
Fairfield Residential Acquires Richmond Low-Income Multifamily Portfolio for $26M
Fairfield Residential has purchased Guardian Place, a 236-unit low-income multifamily portfolio located at 1620 North Hamilton Street in Richmond, VA… Read more
Boston Financial Closes $164M LIHTC Fund to Support Affordable Housing in 13 States
Boston, MA-based Boston Financial, a syndicator of Low-Income Housing Tax Credits has closed the Boston Financial Institutional Tax Credits 57… Read more
PGIM Real Estate Provides $1B Floating Rate Fannie Mae Financing for 22-Property Portfolio
Arlington, VA-based PGIM Real Estate has arranged more than $1 billion in floating rate financing on behalf of a residential… Read more
MDH Partners Makes Second Virginia Buy with $14M Chesapeake Industrial Property
Atlanta, GA-based MDH Partners has acquired the Chesapeake Industrial Park, a two-building, 182,000-square-foot industrial portfolio on Cook Boulevard in Chesapeake,… Read more