River Bay

Affordable housing complex in Lexington Park

River Bay Townhomes located near the Gate 3 of Patuxent River Naval Station consist of 173 rental townhomes each with 3 bedrooms, 2 bathrooms and an attached garage, with most end units offering an additional garage or storage space.  The property was developed using Low Income Housing Tax Credits (LIHTC) in 2004.  In addition to […]

1333 M St SE

Apartment Complex listed for sale

1333 M Street SE (the “Property”), The property was rezoned from PDR-4 zone to the MU-9 zone which allows the development of 900 apartments and 45,000 square feet of commercial space.  The property will have easy access to the Anacostia Riverwalk trail that connects the property to Nats Stadium and FFK Stadium.  In addition, the […]

Foxchase Village

Foxchase Village Apartments

Foxchase Village Apartments is a Garden Style community built in 1989 and rehabbed in 2005 using LIHTCs. Property consists of 134 2 bedroom / 2 bath units and are 935 square feet each. Property is contained in 8 two and three-story buildings spread over 10.98 acres (plus an additional open space of over 12 acres) […]

Terrapin Valley

Terrapin Valley College Park Development Land

4.44 acre development opportunity featuring a full block of frontage on Baltimore Ave (Rt. 1) in College Park, Maryland. The property consists of three operating hotels on two commercial lots, an adjacent house, residential land on Delaware Avenue and a road (48th avenue) between the commercial and residential portions that could be abandoned. Existing use […]

Holly Lane

Holly Lane Apartments

Holly Lane Apartments located in the City of Baltimore, MD is a 170-unit apartment asset that was built in 1969 and rehabbed using Low Income Housing Tax Credits in June 2007. The 170-unit property comprises 140 units that are restricted to rents limited to 60% Area Median Income, 29 market rate units, and one office. […]

Orchard Landing

Orchard Landing Apartment for sale

Orchard Landing is a 184-unit garden-style apartment asset with pitched roofs built in 1970. The current seller had purchased Orchard Landing for LIHTC redevelopment in 2009 when prices for tax credits had dropped significantly. To solve this price drop, the developer used a Tax Credit Assistance Program (TCAP) loan to close the gap between the […]