State: Virginia - VA

Commercial Observer Capital One has originated $513 million of Freddie Mac financing against a portfolio of seven apartment properties with a combined 3,227 units in Maryland, Pennsylvania and Virginia. Meridian Capital Group arranged the financing, which has a 10-year term ...

Commercial Real Estate Direct Staff Report A venture led by Caruthers Cos. has paid $145 million, or $436,747/unit, for the 332-unit DelRay Towers apartment property in Alexandria, Va. It bought the 14-story building from UDR Inc., a Highlands Ranch, Colo., ...

Bisnow A venture of Lowe and USAA Real Estate is converting two office buildings in Alexandria, Va., into a 435-unit apartment property. It expects to complete the project next year. The buildings, at 3101 Park Center Drive and 4401 Ford ...

Commercial Observer Greystone has originated a $24 million loan, under the Department of Housing and Urban Development's 223(a)(7) program, against the 190-unit Tapestry Park Apartments in Chesapeake, Va. The 40-year loan allowed the property's owner, Baron Realty Advisors, to refinance ...

A venture of Auerbach Funds, Elevation Real Estate Group and Beechmont Acquisitions has paid $10.8 million, or $130.20/sf, for the 82,968-square-foot Parc Place @ Short Pump retail center in Richmond, Va. The venture bought the property, at 11736 and 11740 ...

Commercial Real Estate Direct Staff Report Boyd Watterson has paid $325 million, or $449/sf, for the 723,667-square-foot Patriots Park office property in Reston, Va., some 25 miles west of Washington, D.C. The Cleveland investment company bought the property from an ...

Commercial Real Estate Direct Staff Report A venture of Monday Properties and neo capital of London has paid $76 million, or about $326/sf, for the Shirlington Tower, a 233,446-square-foot office property in Arlington, Va. It acquired the eight-story building from ...

Bisnow A venture of JM Zell and Hexagon has proposed building two apartment properties with 711 units in Alexandria, Va. It plans to break ground next year on the first building, which will stand 30 stories and have 372 units. ...

Bisnow A venture of Toll Brothers and JLB Realty has filed plans to build a 458-unit residential property in Chantilly, Va. The complex will sit on a nine-acre parcel on the western portion of the 101-acre Commonwealth Centre mixed-use development, ...

Kushner Cos. has paid $113 million for a portfolio of three apartment properties with 710 units in Virginia. The New York developer bought the properties from a venture of Drucker + Falk and LEM Capital, which had acquired them four years ...