The Heights at Groveton (Land) (bottom left photo), Redbrick Dev. Group, Madison Dev. Partners, 290 Units, Alexandria, VA
“Apartment fundamentals are stronger in the D.C. region than anywhere in the country and both the recent record-setting absorption and the gap in the development pipeline from 2008-2010 have bolstered rent growth expectations.”
“Marymont is a value-add acquisition that is well-positioned to take advantage of the tremendous BRAC growth at Fort Meade and the arrival of the InterCounty Connector that will link Laurel to some of the best employment centers in Montgomery County.