WashREIT Closes On Part of $461M Apartment Portfolio

WashREIT Closes On Part of $461M Apartment Portfolio

205 Century Place in Alexandria

WASHINGTON, DC—WashREIT has closed on the first tranche of its previously announced acquisition of a 2,113 unit multifamily portfolio for $461 million. The entire portfolio consists of seven suburban Class B apartment communities in Northern Virginia and Montgomery County, MD.

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Peter Franks