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Exclusive: Bernstein Cos. Sells 338 Units in Suburban DC

Harbor Group issued a $44 million loan for the buyer. Raith Capital Partners has purchased The Highline, a 338-unit community in Hyattsville, Md., from The Bernstein Cos., according to Yardi Matrix information. Harbor Group International issued a $43.8 million acquisition loan, with a maturity date slated for August 2031. A...

Hyattsville, MD · 2d

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JBG SMITH Sells Majority Stake in Ballston Office Tower

JBG SMITH⁠ has sold a majority stake in a Ballston office tower it developed more than a decade ago. The Bethesda-based real estate investment trust sold a 90% interest in the 306,200-square-foot office tower at 800 N. Glebe Road in Arlington, the company announced in its third-quarter earnings report. The tower is valued at $79 million, according to the Washington Business Journal. JBG Smith will continue to manage and lease the property.

Arlington, WA · 2d

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