Transwestern’s Bethesda, Md.-based Mid-Atlantic Multifamily Group today announced it arranged the sales of seven multifamily properties valued at more than $128 million during the month of February.

The sales involved three transactions for three sellers with a total of 1,652 units in Washington, D.C., and suburban Maryland. The transactions consisted of five assets in the DC/MD Beltway Portfolio, the Legation House and one off-market property, each offering superior value-add and positioning potential. Transwestern’s Mid-Atlantic Multifamily Group, led by Co-Directors Dean Sigmon and Robin Williams, exclusively represented the sellers of all seven assets.

“The Washington, D.C., multifamily marketplace continues to see significant and growing investor interest in value-add investment opportunities in both single assets and portfolios,” said Sigmon.


ABOUT MID-ATLANTIC MULTIFAMILY GROUP
With offices serving the Washington, D.C., Baltimore, Northern Virginia and the Tidewater, Virginia region, Transwestern’s Mid-Atlantic Multifamily Group provides a fully-integrated platform and collaborative multifamily brokerage team serving the entire Mid-Atlantic region. Recent assignments include transactions with Equity Residential, Home Properties, Archstone, Goldman Sachs, JP Morgan and Angelo Gordon. For more information on the Multifamily Group, please visit twMidAtlanticMultifamily.com.

 
ABOUT TRANSWESTERN
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, research and sustainability. The fully integrated global enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. As a member of the Transwestern family of companies, the firm capitalizes on market insights and operational expertise of independent affiliates specializing in development, real estate investment management and research. Transwestern has 34 U.S. offices and assists clients through more than 181 offices in 40 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit transwestern.com and follow us on Twitter: @Transwestern.

 

 

Media Contact:
Michelle Johnstone
202.775.7036
michelle.johnstone@transwestern.com