Washington D.C.
Washington, DC, Multifamily Report – July 2026
Contraction in government and other sectors is taking a toll.
Greystar Nets $216M in NoVa Tower Trade
This is the first time the submarket’s tallest community has changed hands.
GoodHomes Buys DC Hotel, Plans Conversion
Originally a multifamily community, the property was transformed into a hotel in the 1980s.
Oakline Expands Management Portfolio With 12,500-Unit Deal
The firm’s footprint has grown to more than 80,000 units since its inception less than a year ago.
PNC Closes $251M LIHTC Fund
The investment vehicle will finance the construction or rehabilitation of more than 1,700 affordable units.
DC Offices to Be Converted Into 300-Unit Apartment Community
The project involves two former office buildings.
Quarterra, PGIM Break Ground on NoVa Community
This is the developer’s second rental project in the state.
JBG SMITH Begins Latest Office-to-Residential Conversion in NoVa
The company has several other conversion projects ongoing in the area.
Insight Property Secures $108M for Metro DC Office Conversion Project
Construction is already underway.











