Tag: Virginia

NAA analysis finds U.S. households spend 27 percent of income on rent

The National Apartment Association (NAA) has released new research analyzing rent-to-income percentages, which are based on professionally managed residential lease applications screened by TransUnion’s...
Pam Weber

Pam Weber joins NAA as NAAEI Vice President

The National Apartment Association (NAA) announced Pam Weber, CAE as the next Vice President of the NAA Education Institute (NAAEI). Weber brings a wealth of...
Arbor Trace Apartment Homes

S.L. Nusbaum Realty Co. arranges $28.175 million sale of Virginia Beach apartment community to...

S.L. Nusbaum Realty Co. is pleased to announce Arbor Trace Apartment Homes was purchased for $28.175M (approx. $190,000 per unit) on September 10, 2021....

Nation’s apartment industry testifies before the House Committee on financial services

On behalf of the nation’s rental housing industry, the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC), David Schwartz, Chairman and CEO...
Livingston Apartment Flats

Capital Square 1031 acquires another newly constructed, trophy multifamily community in Greater Richmond, Virginia

Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced the acquisition of Livingston...
Ravens Crest

Ravens Crest apartments in Virginia purchased for $113 million

JLL Capital Markets announced it has closed the $113 million sale of Ravens Crest, a multihousing property located in Manassas, Virginia, which is around...
Reece Kimsey

Middleburg Communities names Reece Kimsey as Principal

Middleburg Communities announces that Reece Kimsey has been promoted to Principal, a reflection of his increased ownership in the firm’s business and a larger...
Chesapeake Crossing

Standard Communities acquires 597-unit mixed-income senior community in Chesapeake, Virginia

Standard Communities, the affordable housing division of Standard Companies, has acquired Chesapeake Crossing, a 597-unit mixed-income senior community in Chesapeake, VA. The total capitalization...
Altaire

LCOR refinances Altaire apartments for $135 million

JLL Capital Markets announced that it has arranged $135 million refinancing for the 451-unit Altaire apartments in Arlington, Virginia. JLL worked on behalf of the...
Wheelhouse Apartments of Fair Oaks

Grosvenor Americas closes sale of Wheelhouse Apartments of Fair Oaks

Grosvenor Americas (‘Grosvenor’), the privately owned international property group, announces the sale of Wheelhouse Apartments of Fair Oaks (‘Wheelhouse’), a 491-unit apartment building at...
Lake Village

Colliers International announces sale of Lake Village in Chesapeake

Colliers International is pleased to announce the sale of Lake Village, a multifamily community located at 908 Lake Village Drive in Chesapeake. The property...
Station on Silver

JLL sells Station on Silver multihousing property in Herndon

JLL Capital Markets announced that it closed the sale of the Station on Silver multihousing property in Herndon, Virginia. JLL worked on behalf of Woodfield...
Cascades Village

Avanath Capital Management acquires two affordable housing communities totaling 209 units in Sterling, Virginia...

Avanath Capital Management, a private real estate firm that invests in affordable and workforce housing properties throughout the U.S., has announced the acquisition of...

NAA names 2020 Best Places to Work award winners

The National Apartment Association (NAA) has announced the winners of the 2020 NAA Best Places to Work award program, which identifies member organizations that...
The Preserve at Catons Crossing

Passco continues acquisitions activity with addition of 200-unit multifamily community in supply-constrained Northern Virginia...

Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has...

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