Connect News Commercial Real Estate news for every market and every facet, every day.
Connect CRE Events Live and virtual events bringing together the best of information and networking.
CRE Industry Events Live industry events.
Connect Creative A full service marketing and PR agency.
Connect Classroom Offering CRE focused continuing education courses on demand.
ApartmentBuildings.com Is a dynamic platform to search for, list and promote multifamily listings nationwide.
Connect Awards View the A-list of commercial real estate & submit nominations.
Connect Media Kit Advertise, Promote, Attend, Create – Work with Connect.
Loantuitive Find the right lender for your loan.
About Connect Meet the team behind the machine and taste a little of the secret sauce.
Connect News

Your source for daily news covering CRE transactions and trends. Stay informed on national, regional and property sector news that matters to your business.

Connect Classroom

Offering on-demand online courses that provide continuing education credits for brokers, attorneys, appraisers and architects. Select from easily accessible video and written courses that cover a variety of CRE topics.

Find Your Course
High-rise commercial buildings

STAY INFORMED

News when you need it. All our Breaking News, right to your inbox.

Sub Markets

Property Sectors

Topics

Washington DC CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Washington DC & Mid-Atlantic  + DC Metro  + Apartments  |  December 1, 2023
Emily Fu
By: Emily Fu

Historic Columbia Heights Building Changes Hand 

Marcus & Millichap has closed the sale of 2724 11th Street NW, a 26-unit apartment building in Columbia Heights, DC. The sale comes after a decade-long struggle with legal disputes and a Chapter 11 Bankruptcy filing. 

Esteemed for its design and historical importance, the property holds a special place in Columbia Heights’ heritage. The new owners plan to collaborate with local housing organizations and engage the community in the redevelopment. 

Nick Murray, Marty Zupancic, and John Slowinski from Marcus & Millichap facilitated the intricate transaction. “The challenges this apartment building faced in trying to transform itself from a physically vacant building with a massive cluster of legal issues into a cash-flowing, tax-generating asset were unheard of. We are glad it is reborn and can start fresh,” said Zupancic. 

Read More News Stories About: Marcus & Millichap
Connect

Inside The Story

Nick Murray

About Emily Fu

Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money. With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.
Order Reprints
  • ◦Sale/Acquisition
New call-to-action
New call-to-action