Clear Investment Group Acquires DC Community
The company will undertake an extensive rebranding and rehabilitation plan.

Clear Investment Group has acquired the 681-unit Marbury Plaza in Southeast Washington, D.C., and has plans for a major transformation. As part of its rebranding, the community has be renamed as Langston Views.
“This project is perfect for us because we know how to resolve the tenants’ needs,” Amy Rubenstein, CEO of Clear Investment Group, told Multi-Housing News. “As always, we work closely with our tenants and the city to create safe and habitable housing where people can feel proud to live.”
The company plans on upgrading Langston Views’ amenities, including a new fitness facility, a new convenience store, upgraded pool and locker areas, new security systems and upgraded common areas.
Completed in 1966, the community was 77 percent occupied at the time of the sale, Yardi Matrix data shows. It features studio, one- and two-bedroom homes. Amenities include a playground, laundry facilities, 360 parking spaces, private patios and a clubhouse.
“Everyone worked hard to cooperate on this project and get to the finish line,” Rubenstein said. “While the city office was very intent on standing by the tenants and their well-being, we were perfectly aligned and appreciated the partnership. We look forward to an ongoing productive relationship.”
Marbury Plaza, now Langston Views, last traded in 2015, according to the same data. It was sold by Lightstone Group for $55 million.
Other deals on the way
This most recent purchase marks the fifth acquisition under the Clear Opportunities Fund I, an $83 million fund that closed in July. In November, the firm announced that Clear Opportunities Fund I will acquire at least one larger portfolio of communities as well. It has letters of intent on portfolios in St. Louis, Montgomery, Ala., Louisville, Tulsa, and Oklahoma City, and aims to have a portfolio under contract by the first quarter of 2025.
Clear Opportunities Fund II is tentatively scheduled to begin accepting commitments in this quarter as well. This fund is raising $250 million to $300 million in member equity with a focus that matches that of Fund I but aims to achieve a more substantial scale.
Also this month, Sentinel Real Estate acquired two communities in the Mid-Atlantic region, totaling nearly 800 units. Located in Gaithersburg, Md., and Tysons Corner, Va., each property offers its residents easy access into downtown D.C.