PRESS RELEASE

Aldon Management Sells Bethesda Apartment Buildings for $86M

Aldon Management sold two Bethesda apartment buildings, Eighty Two Hundred and Middlebrooke Apartments, to Corner Lot Advisors for $85.6 million. Greysteel brokered the sale. Corner Lot Advisors plans renovations, including affordable housing units. The buildings were first sold since their construction in the 1960s.

Greysteel Advisory Expertise

Greysteel is a commercial real estate advisory firm specializing in investment sales and debt and structured finance, serving private investors, middle-market operators, and institutional clients nationwide.

The firm provides sector-focused advisory across multifamily, healthcare, and affordable housing and other commercial real estate asset classes, delivering market intelligence, capital markets expertise, and disciplined execution.