Market Rate Housing - Washington DC

DC Asset Changes Hands for $3.5M
Marcus & Millichap closed the sale of Gresham House, a 15-unit community in the Columbia Heights neighborhood of Washington, D.C. The property includes 3,358 square feet of retail and office space.
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Pillar Secures Co-Op Loan for DC Community
The 273-unit mid-century asset received $14 million in refinancing via a fixed-rate Fannie Mae cooperative loan with a 30-year amortization schedule.
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Greysteel Tapped Exclusive Advisor, Sale Agent for D.C. Community
The company’s Managing Director Kyle Tangney and Investment Associate Herbert Schwat will be responsible for marketing the 24-unit residential asset. According to public records, the property last traded for almost $1.4 million back in 2012.
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