SILVER SPRING, MD – A business unit of Drucker + Falk, DF Ventures has acquired the Point at Hampton Hollow Apartments in Silver Spring, MD for $49.5 million.
DF Ventures plans to employ a value-add strategy at the multifamily property, including rebranding the community to the Crest on Hampton Hollow. The firm will additionally update the clubhouse, enhance curb appeal and complete apartment renovations.
Originally built in 1987, the garden-style apartment community offers a range of apartments, as well as a fitness center, pool, resident lounge, business center, picnic area, dog park and walking paths.
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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.
