Arlington-based Insight Property Group has partnered with a San Francisco-based real estate investment firm to acquire a three-building apartment complex in Falls Church.
The joint venture of Insight and Pacific Coast Capital Partners LLC paid $132 million for Oakwood Falls Church, a four-building, 576-unit apartment community at 501 Roosevelt Blvd. It is located about six-tenths of a mile from the East Falls Church Metro station.
Oakwood Worldwide had been operating about half of the community…