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Washington DC & Mid-Atlantic  + Virginia  + Apartments  |  December 5, 2024
Jasmine Kilman
By: Jasmine Kilman

Woodmont Acquires Potomac West Apartments in Alexandria

Woodmont Real Estate Partners (WREP), a real estate investment firm focused on mid-Atlantic opportunities, has completed its first acquisition with the purchase of the Potomac West Apartments in Alexandria, Virginia.

WREP acquired the 60-unit affordable housing property in an off-market all-cash transaction through a joint venture with an institutional equity partner.

“We are excited to begin building Woodmont’s portfolio with the acquisition of Potomac West,” said Brian Sobiecki, WREP’s Managing Partner. “This exceptionally well located 60-unit property sits on 1.5 acres only a few blocks west of the Potomac Yard Center and metro station. We look forward to being long-term stewards of this asset in the dynamic Northern Virginia market.”

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.
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