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Venture Backed by Amazon Fund Buys Apartments in Silver Spring

SKS Partners, Montgomery Housing Partnership Acquire 283-Unit Rollingwood To Preserve Affordable Housing Along Purple Line
The new owners plan to restrict 100% of units at Rollingwood for affordable housing. (CoStar)
The new owners plan to restrict 100% of units at Rollingwood for affordable housing. (CoStar)
By Imani Dugger
CoStar Research
January 20, 2023 | 5:56 P.M.

SKS Partners and Montgomery Housing Partnership have teamed up to acquire an apartment complex in Silver Spring, Maryland, using funding from Amazon to help buy the property and preserve affordable housing that the venture said was at risk of being lost.

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