Launched Fund I, a $255 million closed-end discretionary fund vehicle targeting value-add acquisition and development opportunities in multifamily, industrial, mixed-use, and other commercial properties located in the Mid-Atlantic.
Received unanimous entitlement approval for The Highlands in the Rosslyn submarket of Arlington, Virginia, a mixed-use project featuring 780 apartments, 104 luxury condominium units, market-leading amenities, and over 40,000 square feet of retail. Acquired 1680 Wisconsin Avenue, NW, in Georgetown and relocated corporate headquarters; sold the Watergate Retail Plaza to a local owner-operator and recapitalized the Watergate Office building with a joint venture partner.
