Gilbane Development Launches Leasing for DC Housing Redevelopment

Gilbane Development Launches Leasing for DC Housing Redevelopment
News| April 1, 2026| Jasmine Kilman
Washington DC + Apartment Buildings

Gilbane Development has launched leasing for Phase 2 of Barnaby & 7th, an affordable housing redevelopment project in Washington, D.C.

Phase 2 will deliver 229 units across four buildings, further expanding access to high-quality, affordable housing in the nation’s capital. Set to open in the summer of 2026, Phase 2 of Barnaby and 7th features a mix of studio to three-bedroom apartments. The plans call for four new residential buildings, and the community will feature outdoor spaces, including landscaped seating areas and a shared patio.

Phase 2 builds on the momentum of The Upland, the recently completed Phase 1 of Barnaby & 7th, which delivered 169 units. Phase 3 of Barnaby & 7th will include an additional 100 rental units spanning across one multifamily building. When complete, the project will deliver 498 new affordable housing units located at the intersection of 7th Street, SE and Barnaby Road, SE.

Other News

RK Investors Lands $81M Construction Loan for 299-Unit Charlotte Rental Community

Atlanta & Southeast + Apartment Buildings

An RK Investors-led team obtained an $81 million construction loan for Sutherland at Piper Glen, a 299-unit multifamily development underway in Charlotte’s Piper Glen neighborhood. The financing was provided by Western-Southern Life Insurance Company. The financing was arranged by Nate Sittema, Kristen Reilley and Elliott Voreis with CBRE’s Debt & Structured Finance team. Currently under...

Learn more

Pasadena Offices Sell for Residential Conversion

California & West + Apartment Buildings

NAI Capital Commercial EVPs John S. Archibald and Guillermo Olaiz, alongside senior associate Stephen Lam of the Investment Services Group in the Pasadena office, represented the seller, Star Horizon, LLC, in the sale of ZK Plaza, a 41,586-square-foot office building in Pasadena. The property sold for $13,400,000, representing a 3.5% premium over asking. Located at...

Learn more

Berkadia Negotiates Student Housing Property Sale in Kansas

Chicago & Midwest + Student Housing

Berkadia announced the sale of Orchard Corners & Suites, a 139-unit, 264-bed, garden-style student housing property serving The University of Kansas in Lawrence, Kansas. Berkadia’s Student Housing and Kansas City investment sales teams collaborated to facilitate the transaction on behalf of the seller, Utah-based Redstone Residential. The Berkadia team included Senior Managing Directors Travis Prince...

Learn more
New call-to-action

Brokers

View All

Lenders

View All

Management

View All
Login
or
Sign up