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 tenants’ association, listed as the 5759-61 13th Street Cooperative. W. Kyle Tangney and Herbert Schwat from Greysteel were involved in the deal.

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.