Clear Investment Group Acquires 300-Unit DC Multifamily Property

Clear Investment Group Acquires 300-Unit DC Multifamily Property
News| July 24, 2026| Jasmine Kilman
Washington DC + Apartment Buildings

Clear Investment Group, a Chicago-based real estate investment firm, has acquired Woodland Estates, a 300-unit multifamily community in Southeast Washington, D.C. The acquisition marks the firm’s second investment in the Washington metropolitan area, bringing its regional portfolio to nearly 1,000 apartment units.

Woodland Estates was acquired through a receivership auction, creating a value-add opportunity for Clear Opportunities Fund II. Located in the Anacostia neighborhood, approximately five miles from downtown Washington, D.C., the property will undergo significant capital improvements to modernize the community.

“The acquisition of Woodland Estates reflects exactly the type of opportunity we seek—well-located workforce housing that can be acquired at an exceptional basis and meaningfully improved for both residents and investors,” said Amy Rubenstein, CEO of Clear Investment Group. “Washington, D.C. continues to demonstrate resilient multifamily fundamentals driven by a diverse employment base, strong household incomes, and sustained demand for quality affordable housing. We are excited to expand our presence in this market.”

Other News

JLL Arranges Financing for Lightstone Acquisition on Upper West Side

New York & Tri-State + Apartment Buildings

JLL Capital Markets arranged acquisition financing for Lightstone’s purchase of 323 W. 96th St., a 174-unit multifamily property on Manhattan’s Upper West Side. Senior managing director Peter Rotchford and managing director Michael Shmuely worked on behalf of Lightstone to secure the financing from MF1, a wholly owned subsidiary of Berkshire Residential Investments. Lightstone is acquiring...

Learn more

National City Investment Group Commences Workforce Housing Build

California & West + Apartment Buildings

The National City Investment Group, a locally owned, privately held real estate investment company, recently broke ground on Market View, a 120-unit multifamily residential community located at 303 Highland Ave. in National City. The development will transform an underutilized parking lot adjacent to Manolo Farmers Market, which has served National City for more than 33...

Learn more

Levin Johnston Closes Apartment Sale in One of San Jose’s Strongest Submarkets

California & West + Apartment Buildings

 Levin Johnston of Marcus & Millichap recently completed the sale of First Street Manor, a 39-unit apartment community in San Jose. Executive managing directors Adam Levin and Robert Johnston, along with senior director, investments Cole Simpson, represented the seller and procured the buyer in the $9.112-million transaction. The Levin Johnston team demonstrated the asset’s upside...

Learn more
New call-to-action

Brokers

View All

Lenders

View All