Virginia
Chevy Chase Land Co. Claims Arlington MF
The Chevy Chase Land Company purchased 672 Flats, a 173-unit, newly-completed multi-housing community in the Ballston submarket of Arlington, VA.… Read more
AvalonBay Nabs Maryland MF from Trammell Crow for $83M
Arlington, VA-based AvalonBay Communities, Inc. acquired Alexan Concorde, a 310-unit, Class A luxury apartment community in Linthicum Heights, MD. The… Read more
Overall U.S. Mortgage Delinquency Rate Drops to a 12-Year Low
Irvine, CA-based CoreLogic’s monthly Loan Performance Insights Report reveals that 4.1% of mortgages nationally were in some stage of delinquency in… Read more
When It Comes to Online Coupons, Clean’s the Word
Ninety-two percent of parents and 88% of Millennials say they clip coupons online, so to speak. Given such widespread use—Quotient… Read more
Camden Acquires Recently-Constructed Florida MF for $90M
Houston-based Camden Property Trust completed the acquisition of a recently-constructed 299-home apartment community in Orlando for roughly $90 million. The… Read more
Aftermath of Hurricane Florence: $20B to $30B in Flood, Wind Losses
Residential and commercial flood and wind loss estimates for Hurricane Florence is expected to result in nearly $20 billion to… Read more
Morgan Properties Bags Bennington Crossings in Virginia for $62M
Bennington Crossings, a 308-unit, garden-style multi-housing community in Alexandria, VA, has traded hands for $62.3 million. King of Prussia, PA-based… Read more
Ulrich Barn Builders Secures HQ Space at Pier 1 Imports Building
Ulrich Barn Builders sublet 22,930 square feet at Fort Worth’s Pier 1 Imports Building at 100 Pier 1 Place for… Read more
Hardest-Working States in the U.S.
Think you work hard? Well, how does that compare with your counterparts across the nation? WalletHub wanted to find out… Read more
Royal Montreal Plaza Buy Feeds Fund’s Acquisition Appetite
NAI Partners’ Investment Fund II made its third acquisition in two months, adding the 40,300-square-foot Royal Montreal Plaza neighborhood retail… Read more
Toll Brothers, Lowe Divest 806-Unit Virginia MF for $193M
Harbor Group International acquired Dulles Greene, an 806-unit residential community in Herndon, VA, from a partnership between Toll Brothers and… Read more
TruAmerica Expands Leadership Team
TruAmerica Multifamily’s rapid growth has resulted in several key personnel moves. Matthew Ferrari was promoted to Senior Managing Director responsible… Read more
Banker Tom Frost Dies
Tom Frost, chairman emeritus of Cullen/Frost Bankers Inc. and a legendary Texas businessman, has died at the age of 90.… Read more
Interstate Hotels Adds Two Loop Properties to Mgt. Portfolio
Management firm Interstate Hotels & Resorts has added a pair of historic properties to its portfolio, both developed by Chicago-based… Read more
Mill Valley Investor Acquiring Nearly 50 Chili’s in $156M Deal
Mill Valley, CA-based Four Corners Property Trust (FCPT) plans to acquire up to 48 corporate-operated Chili’s restaurants through a sale-leaseback… Read more
Now Hiring: Booz Allen Hamilton
Booz Allen Hamilton, which has two offices in San Antonio, wants to expand by about 90 more people. The company,… Read more
Chesapeake Lodging Trust Sells Hyatt Centric Santa Barbara for $90M
Arlington, VA-based Chesapeake Lodging Trust divested the 200-room Hyatt Centric Santa Barbara, CA for $90 million, or $450,000 per key.… Read more
CBRE Global Investors Divests 4-State MF Portfolio
The Texas Multifamily conference is taking place on Aug. 23! Log on here for information, and to register. Chicago-based Waterton acquired… Read more
Deliveries and Demographics: Q&A with Colliers’ Will Mathews
In this Q&A installment, Connect Media posted questions about apartment deliveries and demographics to Colliers International’s Will Mathews, who is… Read more