City: Bethesda

BisNow AIR Communities has paid $220 million, or $482,456/unit, for The Elm, a 456-unit apartment property in Bethesda, Md. The Denver REIT bought the two-building property, at 4710 Elm St., from Carr Properties of Washington, D.C., in a deal arranged by ...

BisNow JBG Smith Properties Inc. has sold an 80 percent stake in its 291,000-square-foot headquarters at 4747 Bethesda Ave. in Bethesda, Md., for $196 million. The buyer of the stake could not be learned. The company had developed the 15-story building ...

EagleBank has provided $94 million of financing for the 220-unit first phase of the Strathmore Square apartment complex in North Bethesda, Md. The first phase will involve the construction of two buildings, with 49 and 171 units, respectively. A total ...

Commercial Real Estate Direct Staff Report A venture led by Carr Properties has put the Elm apartment property, with 456 units in downtown Bethesda, Md., on the sales block. The venture, with Insight Property Group of Arlington, Va., has tapped ...

Commercial Observer Grosvenor has acquired Grosvenor Tower, a 237-unit apartment building in Bethesda, Md., for $95 million, or $400,843/unit. AvalonBay Communities, an Arlington, Va., multifamily REIT, sold the property, which was built in 1997 and renovated in 2008. Berkadia brokered ...

Baltimore Business Journal A venture of Duball LLC, Daiwa House Group and Lenkin Co. will break ground in the second quarter on St. Elmo, a 276-unit apartment property in Bethesda, Md. Eagle Bank provided $85.55 million of financing for the ...

Bisnow Bank of America has provided $69 million of construction financing against a 198-unit apartment project in Bethesda, Md. Washington Property Co., a Bethesda real estate company, is developing the 22-story property and plans to break ground on the project ...

Bisnow Foulger-Pratt has broken ground on Rae at Westlake, a 343-unit apartment property in Bethesda, Md. The Potomac, Md., developer plans on completing the project in the third quarter of 2023. The five-story building is being built at the intersection ...

Commercial Observer LCOR has secured $72 million of financing against the 312-unit Wentworth Apartment Homes in North Bethesda, Md. BayernLB, a German bank, provided the loan, which was arranged by Newmark. LCOR developed the property, at 5411 McGrath Blvd., in ...

Bisnow Federal Realty Investment Trust is planning another apartment property for its Bethesda Row mixed-use development in Bethesda, Md. The building would have 275,000 square feet of space and stand 70 feet. But the Rockville, Md., REIT hasn't yet disclosed ...