PRESS RELEASE

DC Apartments Change Hands in $5M Deal

Greysteel facilitated the sale of Colorado Gardens, a 28-unit multifamily property in Washington, D.C., for $4.475 million. The buyer was an affiliate of the tenant association, listed as the 5759-61 13th Street Cooperative. W. Kyle Tangney and Herbert Schwat from Greysteel were involved in the deal.