ARLINGTON, VA–GlobeSt.com has learned from two separate sources that AvalonBay Communities has acquired a 269-unit luxury apartment building here for $102 million, or $379,182 per unit.
The property is the Halstead Arlington Apartments, which was developed in 2009 and sold by the DSF Group, a private real estate investment firm with offices in both Boston and Washington DC.
A spokesperson for AvalonBay declined to comment for this article.
At the start of this year, the DSF Group sold Halstead 800 Madison, a 217-unit, apartment community in Hoboken, NJ to the REIT for $130 million.
That property was also recently developed, in 2008, and occupies a full city block.
Steady gains in the US economy have resulted in net positives for the multifamily sector—will this wave continue for the foreseeable future? What's driving development and capital flows? Join us at RealShare Apartments on October 19 & 20 for impactful information from the leaders in the National multifamily space. Learn more.
ARLINGTON, VA–GlobeSt.com has learned from two separate sources that AvalonBay Communities has acquired a 269-unit luxury apartment building here for $102 million, or $379,182 per unit.
The property is the Halstead Arlington Apartments, which was developed in 2009 and sold by the DSF Group, a private real estate investment firm with offices in both Boston and Washington DC.
A spokesperson for AvalonBay declined to comment for this article.
At the start of this year, the DSF Group sold Halstead 800 Madison, a 217-unit, apartment community in Hoboken, NJ to the REIT for $130 million.
That property was also recently developed, in 2008, and occupies a full city block.
Steady gains in the US economy have resulted in net positives for the multifamily sector—will this wave continue for the foreseeable future? What's driving development and capital flows? Join us at RealShare Apartments on October 19 & 20 for impactful information from the leaders in the National multifamily space. Learn more.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more information visit Asset & Logo Licensing.
