WASHINGTON DC – RLP Investments LLP has acquired a four-building, 51-unit multifamily portfolio in Washington DC.

Situated 10 miles East of downtown Washington DC, the properties comprise 36,324 square feet of multifamily space, located at 711 49th St. NE, 719 49th St. NE, 5128 Sheriff Rd NE and 5134 Sheriff Rd NE.

Serving as the exclusive financial advisor to RLP Investments in the transaction, Brown Gibbons Lang & Co. secured the acquisition financing on behalf RLP Investments. MainStreet Bank provided the financing for the acquisition and renovation of the properties.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.