Back to News
NewsJan 16, 20260 views

Family-Run Developer Trades NoVA Apartments for $100M

A family-owned development firm has traded an apartment community near Washington, D.C., for the first time in the property’s over 50-year history. Arlington-based Erkiletian sold PeachTree of McLean, a 340-unit apartment complex at 2042 Peach Orchard Drive in Falls Church, Va., to an affiliate of M

Source: Commercial Observer

A family-owned development firm has traded an apartment community near Washington, D.C., for the first time in the property’s over 50-year history. Arlington-based Erkiletian sold PeachTree of McLean, a 340-unit apartment complex at 2042 Peach Orchard Drive in Falls Church, Va., to an affiliate of MLG Capital for $100 million, Fairfax County records show. Erkiletian […]

Join PropTech Founders Community

Connect with 500+ founders, investors, and builders in UAE & India.

Join the PropTech Community

Related Stories