Excelsa Properties, alongside a joint-venture partner, has acquired a multifamily property located at 4701 Old Soper Rd. in Camp Springs, MD for $64 million.

The acquired property, Tribeca at Camp Springs, features 224 condominium units, as well as more than 18,000 square feet of retail space.

The joint-venture partners intend to invest more than $2 million in property upgrades, including improvements to unit interiors, common areas and amenities.

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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.