State: Virginia - VA
444-Unit Apartment Property in Manassas, Va., Fetches $113Mln
A venture that includes Blackfin Real Estate Investors and a fund managed by Clarion Partners has paid $113 million, or $254,505/unit, for the 444-unit Ravens Crest Apartments in Manassas, Va., about 35 miles west of Washington, D.C. It bought the ...
Owner of D.C.-Area Apartment Portfolio Lines Up $47Mln of Financing
Commercial Observer Securian Financial Group has provided $47 million of financing against a portfolio of five apartment properties with a combined 932 units in suburban Washington, D.C. Gimbert Realty Capital arranged the debt. RIMSI Corp. has owned the properties for ...
1.8Mln-SF Data-Center Complex Planned for Suburban D.C.
Washington Business Journal TA Realty is constructing a 1.8 million-square-foot data-center complex in Leesburg, Va., about 35 miles northwest of Washington, D.C. The Boston company expects the project's first buildings to be completed later this year. It's being built on ...
TD Bank Lends $65Mln Against Chantilly, Va., Industrial Portfolio
Commercial Observer A venture of Elion Partners and Buchanan Partners has secured $65 million of financing against 12 industrial properties with 600,000 square feet in Chantilly, Va., about 25 miles west of Washington, D.C. TD Bank provided the loan, which ...
River’s Edge at Manchester apartment property
The 10-story property is 94 percent occupied. Four Mile, the former H2 Capital, assumed a $34 million Fannie Mae loan against the property that has eight years of term remaining. The company, formed five years ago, raised $15 million of ...
Lennar Proposes 470-Unit Residential Project in Alexandria, Va.
Bisnow Lennar Multifamily Communities has proposed developing a 470-unit residential project in Alexandria, Va. Plans for the development call for a 385-unit apartment building with 85 townhomes next to it. The complex would sit on a 7.6-acre development site near ...
Four Mile Capital Pays $47.5Mln for Richmond, Va., Apartments
Four Mile Capital has paid $47.5 million, or $224,057/unit, for the 212-unit River's Edge at Manchester apartment property in Richmond, Va. The Denver-area investment manager bought the three-year-old property, at 505 Porter St., from an investor group led by CMB ...
Akridge, Brookfield to Build 480-Unit Residential Project in Reston, Va.
Bisnow A venture of Akridge and Brookfield Properties has filed plans to build a 480-unit residential project in Reston, Va., about 20 miles west of Washington, D.C. The development, at 12010 Sunrise Valley Drive, will consist of a 366-unit apartment ...
1500 Wilson Blvd.
The 17-story property, at 1500 Wilson Blvd., is about 53.6 percent leased to tenants that include Phone2Action, America Rising, Target and the General Services Administration. It was sold at a recent foreclosure auction.
