Richard Montgomery High School

FAIRSTEAD AND INTERVEST CAPITAL PARTNERS ANNOUNCE ACQUISITION OF MARYLAND RESIDENTIAL COMMUNITY, INTRODUCE THE IVY ROCKVILLE

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星期一, 一月 9, 2023

ROCKVILLE, Md., Jan. 9, 2023 /PRNewswire/ -- Fairstead, a purpose-driven, vertically integrated real estate company committed to sustainable development, and InterVest Capital Partners today announced the acquisition of Villas at Rockville, a residential community in the Shady Grove neighborhood of Rockville, Maryland. The community consists of 210 spacious townhomes, averaging more than 1,900 square feet of living space, and will be rebranded as The Ivy Rockville.

Key Points: 
  • Fairstead grows Maryland footprint with the acquisition of Villas at Rockville, announces a rebranded residential campus as The Ivy Rockville
    ROCKVILLE, Md., Jan. 9, 2023 /PRNewswire/ -- Fairstead, a purpose-driven, vertically integrated real estate company committed to sustainable development, and InterVest Capital Partners today announced the acquisition of Villas at Rockville, a residential community in the Shady Grove neighborhood of Rockville, Maryland.
  • "The Ivy Rockville offers the comforts of townhouse living in a desirable location within the DC metro area," said David Murstein, Managing Director, Development at Fairstead.
  • With two-, three-, and four-bedroom homes, all with private entryways, The Ivy Rockville features well-appointed residences with plenty of work-from-home space.
  • "We are thrilled to add The Ivy Rockville to our growing market-rate portfolio," said Toni Harris, Vice President, Operations at Fairstead.