WASHINGTON, DC—Two apartments have traded in separate transactions in recent days, illustrating the still-strong demand for these assets. The Woodley, located at 2700 Woodley Rd., sold to TIAA-CREF from a joint venture between JBG and CIM Group. In a second separate trade Urban Investment Partners sold Policy, a 63-unit building located at 1921 Kalorama Rd. Prices for both transactions were undisclosed.

The Woodley trade is interesting in that it is the second acquisition TIAA-CREF has made in the DC area in recent days; last week it paid approximately $98 million for the Plaza America Shopping Center in Reston, VA.

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