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Tryko Partners acquires three Va. nursing facilities
New Jersey-based property management company Tryko Partners LLC has acquired three Cambridge Healthcare Services nursing facilities in Virginia and plans to invest approximately $9 million in renovations and programming at the facilities, Tryko announced Monday. Financial terms of the transaction were not disclosed. The facilities include the 307-bed Woodbine Rehabilitation & Healthcare Center[...]
Alexandria Housing Development Corp. buys Avana Apartments for $106M
Alexandria Housing Development Corp. (AHDC) has acquired the former 326-unit Avana Alexandria Apartments for $106 million in an effort to provide affordable housing as rents and sales prices rise in anticipation of Amazon.com Inc.’s HQ2 East Coast headquarters, which is under development in nearby Arlington. The acquisition, which closed on Jan. 28, marks the first […]
Virginia Tech Innovation Campus names Cornell dean as executive director
Lance R. Collins, the Joseph Silbert Dean of Engineering at Cornell University, has been selected as the first vice president and executive director of Virginia Tech‘s $1 billion Innovation Campus, which is set to open in Alexandria‘s North Potomac Yard area in the fall. He will join Virginia Tech as of Aug. 1. The Innovation […]
