X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Apartment Building Solaire 8200 Dixon, in Silver Spring, MD

SILVER SPRING, MD – Washington Property Company (WPC) has broken ground on the 403-unit apartment tower, Solaire 8200 Dixon, in downtown Silver Spring, MD. The cost of the development totals $163 million.

To provide equity for the project, WPC has partnered with the joint-venture fund of Cresset Partners and Diversified Real Estate Capital, Cresset-Diversified QOZ Fund. The joint-venture closed a $470 million fund earlier this year to invest in Opportunity Zone real estate projects. The fund currently consists of seven projects, including Solaire 8200 Dixon.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.

More from this author

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt
Live Chat

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.