Union Place

Toll Brothers Apartment Living® Breaks Ground on Vermeer, a Luxury Multifamily Rental Community in Buzzard Point Overlooking Audi Field

Retrieved on: 
Wednesday, March 15, 2023

“We are excited to add Vermeer to our growing portfolio of luxury rental communities in Washington, DC,” said Michael Skena, Mid-Atlantic Regional Director of Acquisitions and Development for Toll Brothers Apartment Living.

Key Points: 
  • “We are excited to add Vermeer to our growing portfolio of luxury rental communities in Washington, DC,” said Michael Skena, Mid-Atlantic Regional Director of Acquisitions and Development for Toll Brothers Apartment Living.
  • “Toll Brothers has been building homes in this market for nearly thirty years.
  • Vermeer is Toll Brothers Apartment Living’s fourth transit-oriented development within Washington, DC, located within easy walking distance of both the Navy Yard and Waterfront Metro Stations.
  • With sumptuous living spaces, welcoming hospitality offerings, and brilliant experiences to explore, Vermeer is a connected, expressive community at the forefront of southwest Washington’s emerging Buzzard Point neighborhood.

JBG SMITH Announces Major Milestone for the Washington Housing Initiative Impact Pool

Retrieved on: 
Monday, January 9, 2023

Part of the Washington Housing Initiative (WHI) that was launched by JBG SMITH and Federal City Council, the Impact Pool leverages private capital to help combat the scarcity of housing for middle-income families throughout the DC region’s most up-and-coming neighborhoods.

Key Points: 
  • Part of the Washington Housing Initiative (WHI) that was launched by JBG SMITH and Federal City Council, the Impact Pool leverages private capital to help combat the scarcity of housing for middle-income families throughout the DC region’s most up-and-coming neighborhoods.
  • The Impact Pool is managed by a subsidiary of JBG SMITH.
  • “We created the Impact Pool to steer private investment into housing for teachers, nurses, EMTs and other workers who are essential to their communities,” said AJ Jackson, EVP of Social Impact Investing at JBG SMITH.
  • In March, the WHI Impact Pool provided financing for the Washington Housing Conservancy and Montgomery Housing Partnership’s acquisition of Earle Manor, a 140-unit multifamily asset.

Jones Street Investment Partners Transacts $850M in Multifamily Real Estate in 2021

Retrieved on: 
Monday, December 20, 2021

Jones Street Investment Partners, a private equity real estate firm focused on multifamily assets located throughout the Northeast and Mid-Atlantic regions of the U.S., today announced the firm completed more than $850M in transactions in 2021.

Key Points: 
  • Jones Street Investment Partners, a private equity real estate firm focused on multifamily assets located throughout the Northeast and Mid-Atlantic regions of the U.S., today announced the firm completed more than $850M in transactions in 2021.
  • View the full release here: https://www.businesswire.com/news/home/20211220005084/en/
    Jones Street Investment Partners closes on sale of Liberty Commons, South Portland, ME (Photo: Business Wire)
    Commented Jones Street Investment Partners Founder and CEO, Matt Frazier: Were proud of our accomplishments this year, which, in many ways was a breakout one for our firm.
  • Jones Street Investment Partners is a privately held real estate investment management firm focused on multifamily investments located in the Northeast and Mid-Atlantic regions of the United States.
  • For additional information about Jones Street Investment Partners, please visit the firms website at: www.jonesstreet.com .