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Insight Property Group Begins Construction on $175M Multifamily Development
Insight Property Group has started construction on a 452-unit apartment community situated a quarter mile from the Vienna Metro Station, marking a major step forward in the Hunters Branch redevelopment in Fairfax, Virginia.
In March 2026, Insight sold a portion of the Hunters Branch property consisting of two vacant office buildings totaling 400,000 square feet to Toll Brothers for $17 million. Toll Brothers will develop 76 stacked townhomes on the parcel. Insight will develop the balance of the site into a 452-unit apartment community while preserving 656 spaces in the existing garage, which is worth approximately $12 million in value to benefit the new apartment community.
Senior Managing Director Brian Crivella and Managing Director Brian Gould, both in Berkadia’s D.C. Metro office, advised on the transaction. Additional team members included Senior Managing Director Patrick McGlohn, Managing Directors Bill Gribbin and Yalda Ghamarian, Senior Director Hunter Wood, Vice President Patrick Cunningham and Associate Director Natalie Hershey.
The $174.6 million apartment community development is supported by a $107.7 million construction loan provided by CIBC Bank USA and Citizens Bank. Hunters Branch is the third office-to-residential conversion for Insight.
