City: Rockville

Commercial Real Estate Direct Staff Report The $51.6 million loan against a portfolio of 14 mixed-use properties in the Washington, D.C., area owned by Douglas Development has transferred to special servicer CWCapital Asset Management as it was expected to default ...

Commercial Observer Aggregate Real Estate Investors has paid $28 million, or $76.09/sf, for Montrose Shopping Center, the 368,000-square-foot retail property at 5520 Randolph Road in the Washington, D.C., suburb of Rockville, Md. The Fairfax, Va., investor partnered with Maisel Development ...

The last remaining asset in the collateral pool of a 2008 CMBS deal has been liquidated, resulting in another $33.72 million of losses to the trust. The asset, the 145,291-square-foot office building at 255 Rockville Pike in Rockville, Md., was ...

Hudson Valley Property Group has paid $208 million for a portfolio of five affordable-housing properties with 1,138 units in Maryland and North Carolina. The New York investment manager capitalized the purchase with equity commitments raised through its Hudson Valley Preservation Fund ...

BLDUP Hines has paid $25.7 million, or $357.22/sf, for 9850 Key West Ave., a 72,000-square-foot medical-office building in Rockville, Md. The Houston investment manager bought the four-story property from Gittleson Zuppas Medical Realty of Bethesda, Md. It was built in ...

A venture of Fairstead and InterVest Capital has acquired the Villas at Rockville, a 210-unit residential property in Rockville, Md., for $90 million, or $428,571/unit. A venture of Cove Property Management and Advantage Properties sold the complex, which it had ...