News Story

AREP Enters Build-To-Rent Market With 200-Unit Virginia Townhouse Project

The rental market is growing.


By Emily Wishingrad

American Real Estate Partners is wading into the build-to-rent market as it sees expanding opportunity in the asset class.

The McLean-based real estate firm announced Monday it purchased a 200-unit, under-development townhome community near the end of Metro’s Silver Line in Ashburn for $120M, a partnership with GreenBarn Investment Group.

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