Insight, partner pay $132M for 576-unit Falls Church apartment community


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…

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