
WASHINGTON, DC-New York-based Infinity Real Estate and Washington, DC-based Urban Investment Partners LLC have paid $26 million for a 114-unit apartment complex at 1841 Columbia Road NW. Fairfield Residential Co. was the seller.
The new owners are planning to carry out a $7-million renovation at the multifamily property in Adams Morgan. Last year, Urban Investment Partners purchased and refurbished two apartment buildings at the corner of Wyoming Avenue NW and 18th Street in Adams Morgan. For the full story, go to Washington Business Journal .
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