DF Ventures Snags Silver Spring Apartment Community for $50M

DF Ventures, a business unit of multifamily management company Drucker + Falk, has acquired The Point at Hampton Hollow Apartments, a garden-style apartment community in Silver Spring, MD.

Built in 1987, the community features a mix of apartment types with open floor plans, a fitness center, pool, resident lounge, picnic area, dog park, walking paths and a business center. The property also provides convenient access to employment, schools, and entertainment centers throughout the Washington and Baltimore region due to its strategic location and access to I-95 and the Intercounty Connector (ICC).

DF Ventures plans to embark on a value-add strategy for the property, including rebranding the community to The Crest on Hampton Hollow, updating the clubhouse, enhancing curb appeal and completing apartment renovations in order to modernize the community.

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