Multifamily and medical office assets across Virginia, Washington DC, and Southern California.
CURRENT
Georgetown Partners acquired this 69,156 square foot, 4-story Class A medical office property located in Lansdowne, VA within the Washington, D.C. MSA with prime geographic vicinity to the growing INOVA Loudoun Hospital. At the time of purchase, the property had been in special servicing for 4 years and has had no leasing momentum due to the difficult CMBS REMIC regulations that the special servicer has to abide by.
CURRENT
Georgetown Partners acquired this 40,303 square foot, 3-story Class B medical office property located in Richmond, VA. The seller did not have the appetite to reinvest in the property which presented the opportunity for Georgetown Partners to step in and reposition the asset by modernizing the look and leasing to fewer, larger tenants.
CURRENT
Georgetown Partners acquired this 138 unit performing asset 25 miles from Washington, DC with in-place cash flow. The investment plan is to implement a value-add program on 75% of the property which remains in “classic” condition while capitalizing on the continued growth of Woodbridge, VA and the surrounding DMV area.
CURRENT
The sponsorship team of Georgetown Partners and Riverbend Investments secured the 287 unit site at 149 S. Budding Ave and intend to complete the unit renovation program begun by the seller as well as upgrade the property’s amenities.
CURRENT
Georgetown Partners acquired this 73 unit stabilized performing asset in the highly sought after submarket of Chevy Chase in Washington, DC, one of the District’s most affluent and supply-constrained areas. This property was purchased at a cost basis well below replacement cost.
CURRENT
One of four Washington, DC multifamily assets acquired over a two-year period. Georgetown Partners maintains the property at a high level, renovating and increasing unit rents as they turn naturally. The DC Housing Authority’s Housing Choice Voucher Program (“HCVP”) provides an effective way for the Property to capture full market rent.
CURRENT
One of four Washington, DC multifamily assets acquired over a two-year period. Georgetown Partners maintains the property at a high level, renovating and increasing unit rents as they turn naturally. The DC Housing Authority’s Housing Choice Voucher Program (“HCVP”) provides an effective way for the Property to capture full market rent.
CURRENT
One of four Washington, DC multifamily assets acquired over a two-year period. Georgetown Partners maintains the property at a high level, renovating and increasing unit rents as they turn naturally. The DC Housing Authority’s Housing Choice Voucher Program (“HCVP”) provides an effective way for the Property to capture full market rent.
CURRENT
One of four Washington, DC multifamily assets acquired over a two-year period. Georgetown Partners maintains the property at a high level, renovating and increasing unit rents as they turn naturally. The DC Housing Authority’s Housing Choice Voucher Program (“HCVP”) provides an effective way for the Property to capture full market rent.
SOLD
Georgetown and its development partner, Capital City Real Estate, elected to sell the fully entitled shovel-ready project to an institutional REIT after a year-long pre-development process during which plans were finalized, and permits were received while maintaining the land purchase contract.
SOLD
Georgetown Partners and local partner Russell Reeves Capital acquired this 22-unit multifamily apartment building centrally located near ground zero of City Heights’ new urban core in the city of San Diego. After an 18-month hold, we divested.