Property details

District Co-Living

Investment type

Development

Asset Class

Multifamily

Ownership Structure

Joint Venture

Year Acquired

2019

Investment Summary

Syndicated invested alongside Outlier Capital realty in the ground-up development of a well-located, Class A co-living apartment building in downtown Washington, DC. Once complete, the property will consist of 15 shared residential suites (67 private bedrooms) and 4,226 square feet of ground floor retail.

The development is situated near the intersection of 9th and M Streets, NW, in the Mt. Vernon Triangle/Shaw neighborhood of downtown Washington, DC, directly across from the Convention Center. This area is known for its popular restaurants, retail offerings, and proximity to more than 2.3 million square feet of office.