City: Silver Spring
450-Unit Apartment Property Proposed Above Mall in Silver Spring, Md.
Washington Business Journal GBT Realty Corp. has filed plans with the Maryland-National Capital Park and Planning Commission to construct 450 apartment units atop the Ellsworth Place shopping center in Silver Spring, Md. The Brentwood, Tenn., investor bought the 347,758-square-foot retail ...
PGIM Lends $188Mln for 1,396-Unit Apartment Portfolio in Silver Spring, Md.
PGIM Real Estate has provided a $188 million loan against The Blairs, a portfolio of five apartment properties totaling 1,396 units in Silver Spring, Md. The portfolio is owned by Tower Cos. of Rockville, Md. The properties in the portfolio ...
Nonprofit Buys Silver Spring, Md., Apartments; Affordable Housing Planned
REBusiness Online Arlington Partnership for Affordable Housing has bought the 176-unit Falkland Chase apartment property at 8305 16th St. in Silver Spring, Md. The nonprofit developer purchased the property from JBG Smith of Chevy Chase, Md., and plans to redevelop ...
Solaire Wheaton
The property is 93 percent leased and is encumbered by a $40.4 million Fannie Mae loan that Berkadia had provided in 2016. It pays a coupon of 3.83 percent and doesn't mature until August 2026. It would be subject to ...
Suburban Washington, D.C., Apartments Sell for $64Mln
Investment manager 29th Street Capital has paid $64 million, or $275,862/unit, for the 232-unit Solaire Wheaton in the Washington, D.C., suburb of Silver Spring, Md. The Chicago company bought the property from Washington Property Co. of Bethesda, Md., which had developed ...
403-Unit Apartment Property Opens in Silver Spring, Md.
Multi-Housing News Washington Property Co. has completed construction of Solaire 8200 Dixon, a 403-unit apartment property in the Ripley area of downtown Silver Spring, Md., and has brought it up to 30 percent occupancy. The Bethesda, Md., developer built the ...
Berkadia Provides $44.9Mln HUD Loan Against Silver Spring, Md., Apartments
Berkadia has provided $44.9 million of financing under the U.S. Department of Housing and Urban Development's 223(f) program for Affinity on Georgia, a 210-unit apartment property in Silver Spring, Md. The loan allows the property's owner, Foulger-Pratt of Potomac, Md., ...
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