Washington D.C.

Aerial photo of the Arlington Virginia USA area along Wilson Blvd

Washington, DC, Multifamily Report – July 2026

Contraction in government and other sectors is taking a toll.

Exterior shot of Windsor Courthouse, a 20-story residential tower in Arlington, Va.

Greystar Nets $216M in NoVa Tower Trade

This is the first time the submarket’s tallest community has changed hands.

Exterior shot of Arlington Court Suites, a 187-key hotel in Arlington, Va.

GoodHomes Buys DC Hotel, Plans Conversion

Originally a multifamily community, the property was transformed into a hotel in the 1980s.

Exterior shot of Worthington Woods, an affordable multifamily property managed by ResidentialOne in Washington, D.C.

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.

The investment vehicle will finance the construction or rehabilitation of more than 1,700 affordable units across 10 states and Washington, D.C.

PNC Closes $251M LIHTC Fund

The investment vehicle will finance the construction or rehabilitation of more than 1,700 affordable units.

exterior of 1000 Thomas Jefferson St. NW

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.

A rendering of 2200 Crystal Drive, a former office building in National Landing in Northern Virginia that is being transformed by JBG SMITH into 195 multifamily units. It is the firm's most recent office-to-residential conversion in the region, where it has completed more than 1,500 units of conversions.

JBG SMITH Begins Latest Office-to-Residential Conversion in NoVa

The company has several other conversion projects ongoing in the area.