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The NRP Group, Willton Investment Management Launch Multifamily in Greenbelt
The NRP Group and Willton Investment Management have completed Motiva, a 354-unit residential community homes in Greenbelt, MD, 14 miles northeast of Washington, DC. Eagle Bank provided construction financing for the development.
Motiva marks the third lease-up in the DC metro area for The NRP Group’s Mid-Atlantic office and the second Prince George’s County project for The NRP Group and Willton Investment Management. The community is currently 80% leased.
“Motiva experienced rapid lease-up due to the demand for high-quality, walkable, and transit-oriented communities in the Washington, DC metropolitan area,” said Josh Wooldridge, SVP of development at The NRP Group.
Motiva features four stories of studio, one-, two-, and three-bedroom, pet-friendly units along amenities that include pool, two fitness centers, business center, dog park and pet spa, community clubhouse and garage parking. Residents can also take advantage of a bike share program.
- ◦Development
