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PGIM Provides $78M Refi for Alexandria Apt
PGIM Real Estate Finance provided a $78-million FHA refinancing loan to Bonaventure Realty Group for The Encore Apartments, a 461-unit apartment community in Alexandria, VA. The 35-year, fixed rate...
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Berkadia Arranges Sale, Financing of Virginia Courtyard by Marriott
Virginia-based Palmer Gosnell Hospitality, LLC, and the affiliated asset ownership entity Inns of Historic Fredericksburg, divested the Courtyard by Marriott Fredericksburg, VA. Berkadia Hotels &...
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Vantage Data Centers Wraps Up First Phase of Ashburn Mega-Campus
Vantage Data Centers has completed phase one of its Ashburn mega-campus in Northern Virginia’s “Data Center Alley.” The 42-acre campus will consist of five data centers totaling 142 megawatts and more...
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Morgan Secures $688M for Landmark NE MF Acquisition
Philadelphia-based Morgan Properties secured $688 million in acquisition financing for a 10-property, 4,130-unit multifamily portfolio in Pennsylvania and Virginia. Berkadia’s Jim Badolato and Michael...
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$90M in Construction Financing Arranged for Reston Station MXU
A $89.94 million construction loan was secured for Faraday Park at Reston Station – East and West, a soon-to-be-built 407-unit mixed-use property in Reston, VA. Berkadia’s J. Tyler Blue, Paul Wallace,...
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Google to Anchor Comstock’s Reston Station Tower
Google signed a 164,000-square-foot lease to anchor Comstock Development Services, L.C.’s signature office building at Reston Station in Reston, VA. The global technology giant plans to take occupancy...
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Industrious Joins Carr Properties’ Newest Building in Arlington
Carr Properties signed a 25,000-square-foot lease with Industrious at its 2311 Wilson Blvd. property in Arlington VA. The premium flexible workspace provider will occupy the entire third floor and will...
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JV Snags Northern Virginia Office Property for $93M
Privately owned global real estate investment firm Hines and Oaktree Capital Management have acquired Two Liberty Center, a 178,700-square-foot office property in Northern Virginia for $93.2 million....
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ACR Acquires 199K-SF Shopping Center in Virginia
American Commercial Realty Corp. has acquired Chesapeake Commons, a 198,741-square-foot shopping center in Chesapeake, VA. The sales price and seller were not disclosed. Located just east of I-664 on...
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AREP, JV Partner Buy Tysons Corner Offices
American Real Estate Partners (AREP) acquired 1660 International Dr., a 212,731-square-foot office property in Tysons Corner, VA, for a reported $71 million. The asset has been institutionally owned...
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