Virginia
Capital Square 1031 Acquires Value-Add MF Property in Metro D.C.
Capital Square 1031 has acquired SomerHill Farms, a 140-unit multifamily community in Gainesville, VA. The property was acquired for CS1031… Read more
Berkadia Secures $81M Refinancing for Virginia MF Portfolio
Berkadia has secured $81.7 million in combined refinancing for a three-property multifamily portfolio in Virginia. The portfolio consists of Eagle… Read more
Dwight Capital Provides $67M Refinancing for Virginia MF Property
Dwight Capital has provided a $66.8 million HUD 223(f) refinancing for Ashburn Meadows Apartments, a 336-unit affordable apartment community located… Read more
Retailer Paper Source Seeks Sale to Lenders in Chapter 11 Filing
Chicago-based omnichannel retailer Paper Source said Tuesday it would accept a stalking horse bid from a syndicate of lenders led… Read more
JLL Secures $135M Refinancing for Arlington Apartment Tower
JLL has arranged a $135 million loan to refinance Altaire apartments, a 451-unit apartment tower in Arlington, VA. Jamie Leachman… Read more
Hollingsworth Cos. to Develop 650K-SF Spec Industrial Facility in Virginia
Industrial Real Estate developer Hollingsworth Cos. has announced plans to develop a 650,250-square-foot speculative industrial facility in Virginia’s Prince George… Read more
Single-Tenant Distribution Facility Trades Above List
Stan Johnson Company (SJC) finalized the sale of a 180,000-square-foot distribution center fully leased to American Plastics at 2040 Production… Read more
Cordish Cos. Proposes $600M Casino Resort in Richmond
PPE Casino Resorts Richmond LLC, an affiliate of The Cordish Cos., has proposed a $600 million destination casino resort in… Read more
Gen Z Renters Find a Home in Middle America
Bright lights, big city? No thanks, say Gen Z renters. The latest data from Yardi’s RentCafe show that small towns… Read more
Arlington Affordable Housing Community Welcomes Residents
Affordable housing developer AHC Inc. has announced that The Apex, a 256-unit affordable housing community in Arlington, is now open… Read more
Two Metro D.C. Hotels Pivot Away from Marriott’s Renaissance Brand
Two metro D.C. hotels have announced changes to their flags, both pivoting away from Marriott’s Renaissance brand. Sunstone Hotel Investors,… Read more
AHC Opens 113-Unit Affordable Housing Community in Alexandria
Affordable housing developer AHC Inc. has announced that The Spire, a 113-unit affordable housing community in Alexandria, will start welcoming… Read more
Buccini/Pollin Group Completes Capitalization of $105 Million Washington Marriott Capitol Hill
The Buccini/Pollin Group has completed the $105.1 million project capitalization for the 13-story, 235-room Washington Marriott Capitol Hill / NoMa… Read more
Newmark Arranges $72M Sale of Alexandria Office Property
Newmark has brokered the $71.7 million sale of 2001 N. Beauregard, a 12-story office building in Alexandria, VA. James Cassidy… Read more
Roanoke Apartment Community Trades for $18M
Berkadia has brokered the $17.6 million sale of Frontier Apartments, a 182-unit, garden-style multifamily community in Roanoke, VA. Located at… Read more
Fairfax Apartment Property Trades for $134M
The DSF Group has acquired the Wheelhouse Apartments of Fair Oaks, a 491-unit apartment property in Fairfax, VA. The sales… Read more
Transwestern Taps Tonya Link to Oversee Asset Services for Mid-Atlantic
Transwestern Real Estate Services has promoted Tonya Link to Managing Senior Vice President of Asset Services for the Mid-Atlantic region.… Read more
Berkadia Secures $54M Refinancing for Richmond MXU Property
Berkadia has secured a $54 million loan to refinance Scott’s View, a multifamily mixed-use property in Richmond. Located at 3410… Read more
Skanska Completes Fralin Biomedical Research Institute in Roanoke
International construction and development firm Skanska has announced the completion of the Fralin Biomedical Research Institute at VTC Addition. The… Read more