Search
 
Middle-Market Digest

Middle Market Digest: The Mid-Atlantic

NEWPORT NEWS, VA--Walker & Dunlop has closed a $34.4M US Department of Housing and Urban Development loan for Meridian Parkside.

Meridian Parkside

NEWS & NOTABLES

WASHINGTON, DC–West, Lane & Schlager Realty Advisors has promoted Sam Werner to vice president and Josh Whisenhunt to assistant vice president. Werner joined WLS in 2014, as an assistant vice president and Whisenhunt began his career in commercial real estate as an analyst at WLS in 2013.

TYSONS, VA–KTGY Architecture + Planning has promoted Kamran Charmsaz to shareholder and principal. He was formerly an associate principal.

DEAL TRACKER

NEWPORT NEWS, VA– Walker & Dunlo’s  Hal Reinauer, Tom Toland, and Chris Rumul  closed a $34.4 million US Department of Housing and Urban Development loan for Meridian Parkside, a multifamily property here. Dwight D. Dunton III of Bonaventure Realty Group and Phillip R. Roper III purchased the property in 2016. Walker & Dunlop worked with HUD’s Baltimore office to refinance the property with a 35-year, low-interest loan through HUD’s 223(f) program. The financing paid off the existing bridge loan and a portion of the partnership debt from the original purchase.

WASHINGTON, DC–The Meridian Group has secured a 20,600 square foot headquarters lease from Information Technology Industry Council at Anthem Row, a trophy office development underway in the East End. ITI, currently headquartered at 1101 K St., NW, signed an 11-year lease and will move to Anthem Row in December 2019.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Erika Morphy

Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

More from this author

Dig Deeper

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.