Washington, DC

The company has leased 196,000 square feet of space at Boston Properties' 1.1-million-square foot-development within Reston Town Center.

Larger apartment owners have had better rent collections than smaller mom-and-pop owners.

The latest data from the National Multifamily Housing Council shows that nearly half of respondents believe market conditions are looser than three months ago.

The company plans to renovate the portfolio's four properties, which are located in a qualified Opportunity Zone.

Class-A markets and expensive markets are seeing an increase in apartment concessions.

The transaction represents the first property in the Washington DC area to enter the market and close, since the onset of the COVID-19 pandemic.

Monday Properties and neo capital have purchased Shirlington Tower in Arlington, VA in a joint-venture transaction.

Despite a decrease in originations, commercial and multifamily mortgage debt increased during the second quarter.