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The 263,393-square foot building has traded for $203 million.

“Fairfax County, and the city of Alexandria, both provide ideal multifamily market fundamentals.”

WASHINGTON, DC--Deals and news from around the region.

"Because there is a smaller buying pool out there they can get some opportunities that weren't here eight months ago."

The company has acquired properties in Tysons, Va., and Severn, Md., over the last year.

Q2 was an exception as there was a slight decline in mortgage rates, according to Freddie Mac's Multifamily Apartment Investment Market Index.

Here's a look at the latest news, announcements and deals that you may have missed in Alaska, Washington, Oregon, Idaho, and Northern California.

“Washington DC is a strong market and not overbuilt like New York.”