The Donaldson Group Acquires Silver Spring Apartment Building for $90.5M
August 29, 2021
Shulman Rogers was pleased to represent The Donaldson Group in its joint venture participation in the acquisition of The Warwick Apartments in Silver Spring, MD for $90.5M. This was the third D.C. area acquisition for the group in the past three years. The deal team included Daniel Krakower, Alexis Peters and Nancy Regelin.
The Donaldson Group plans to renovate and manage the 398-unit apartment complex located at 1131 University Blvd.
Krakower said of the transaction, “We congratulate The Donaldson Group as they continue their impressive growth in the multi-family space with the addition of this property to their portfolio, and are pleased to help them achieve their goals.”
To read more about the acquisition, CLICK HERE.