Washington D.C.
Washington, DC, Multifamily Report – July 2023
Rents are on the upswing in the District and the wider area.
GID Pays $86M for Value-Add Community
The vintage property previously changed hands for $68 million.
AREP JV Pays $120M for Northern Virginia SFR Community
The 200-unit property is set to expand over the next few months.
DC Affordable Duo Receives Financing
The District of Columbia Housing Finance Agency provided financing to preserve or build nearly 700 affordable apartments.
DC Mega-Project Tops Out Tower #1
This mixed-use development will feature upward of 1,000 units.
The Michaels Organization Breaks Ground on Affordable Senior Housing Project
KTGY designed the sustainable development.
Northern Virginia Development Embraces Post-Pandemic Design Trends
A pair of sponsors have broken ground on the project in Woodbridge, Va.
Starwood Capital Sells Maryland Asset for $106M
The investor had owned the property for four years.