City: Washington

Commercial Real Estate Direct Staff Report The venture led by Madison Marquette that owns the Shops at Waldorf Center in southern Maryland has negotiated a modification of the $75.25 million CMBS loan against the property. Terms of the modification couldn't ...

RLM Preservation Fund has paid $24.02 million, or $212,585/unit, for the 113-unit Overlook at Avalon apartment property in the Washington, D.C., suburb of Frederick, Md. The fund, which RLM, of Bethesda, Md., operates with L+M Development of Larchmont, N.Y., received ...

Multi-Housing News Wood Partners has completed construction of the 327-unit Alta 801 apartment property in Washington, D.C. The Atlanta developer started construction of the property, at 801 New Jersey Ave. NW, nearly two years ago. It has units with up to ...

REBusiness Online Artemis Real Estate Partners has provided $74.7 million of financing for the construction of a dual-branded Marriott AC Hotel and Residence Inn at the Reston Town Center in Reston, Va. JLL Capital Markets arranged the financing for Donohoe ...

Eastern Bank has provided $28.37 million of financing against Lake Arbor Towers, a 209-unit apartment complex in Mitchellville, Md., about 17 miles east of Washington, D.C. JLL Capital Markets arranged the 10-year, fixed-rate loan on behalf of the borrower, Dolben ...

Commercial Real Estate Direct Staff Report The Washington Housing Conservancy has paid $71.5 million, or $337,264/unit, for the 212-unit Loree Grand apartment property in Washington, D.C. The non-profit organization, which aims to buy up to 3,000 units in the city ...

Linden Property Group has paid $34.25 million, or $232,993/unit, for the 147-unit Timber Ridge Townhomes in Fredericksburg, Va., which is about 60 miles south of Washington, D.C. The Falls Church, Va., investor acquired the property, at 3500 Goldenfield Lane, from ...

The District of Columbia Housing Finance Agency has provided $82.7 million of financing to fund the first phase of the redevelopment of the Park Morton public-housing project in the Park View neighborhood of Washington, D.C. The agency issued $51.2 million ...

Northmarq has hired a Washington, D.C., investment sales team from Walker & Dunlop. The team is led by Christopher Doerr, who was named managing director, and includes William Harvey, senior vice president, and Shack Stanwick, associate. The three will focus ...

The Milestone Group has acquired a portfolio of three apartment properties with 870 units in suburban Washington, D.C., from the Rose Valley Capital operation of Hampshire Properties. The price paid for the portfolio couldn't be learned immediately, but Milestone, which ...