Mid-Atlantic Regional Digest

Multi-Housing News Southern Land Co has started work on a 254-unit apartment building at 1620 Sansom St in downtown Philadelphia The Nashville, Tenn, developer expects to complete the 27-story property by winter of 2023 It bought the development...

Commercial Observer May Riegler Properties plans to develop the two-building Highland Logistics Center on a 283-acre site in Frederick, Md The Washington, DC, developer recently bought the development site from Envision Capital of Frederick, which...

Multi-Housing News Bank OZK has provided $367 million of construction financing for the first phase of the Stacks mixed-use complex in Washington, DC A partnership of Akridge, Bridge Investment Group, Blue Coast Capital and National Real Estate...

Multi-Housing News Greystone has provided $20 million of Fannie Mae financing against the 322-unit Del Vista Apartments in Lanham, Md, about 13 miles northeast of Washington, DC The loan was used to retire an $189 million Fannie mortgage Del Vista,...

REBusiness Online A venture of Tishman Speyer and Bellco Capital is planning to develop a 200,000-square-foot life-sciences property in Philadelphia’s downtown, or Center City, section The property is being planned for a development site along...

Commercial Observer JPMorgan Chase Bank has opened its Mid-Atlantic headquarters at the 12-story Bowen Building at 875 15th St NW in Washington, DC The 231,000-square-foot building, two blocks from the White House, will house about 600 employees The...

Multi-Housing News Hamilton Zanze has acquired the 304-unit Jefferson Square apartment property in Baltimore for an undisclosed price Lowe Enterprises sold the complex, at 101 North Wolfe St, which it had purchased in 2017 from Jefferson Apartment...

Commercial Observer Paramount Realty has secured three fixed-rate loans totaling $215 million to refinance a portfolio of 30 retail, medical and office properties in Pennsylvania and Maryland JLL Capital Markets arranged the loans through Investors...

Multi-Housing News A partnership of Bonaventure and Cafaro Properties has broken ground on the Attain at Spotsylvania Towne Center, a 271-unit apartment project in Fredericksburg, Va, about 55 miles southwest of Washington, DC The complex, which...

Commercial Observer Wells Fargo Bank has downsized its office presence in Baltimore’s Inner Harbor area, to only 17,336 square feet at 111 South Calvert St from 95,000 sf at nearby 7 St Paul St The bank is one of three new tenants that...