NOVO Properties acquired the Glenwood Apartments, a 90-unit multifamily community in Washington, D.C., from Stonebridge Investments for $13.7 million. Greysteel represented the seller in the transaction. The property was originally built in 1942 and Stonebridge acquired the property in 2014 for $6.9 million.
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.
