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Multifamily Portfolio Acquisition Headlines WashREIT's Second Quarter Results

REIT Reports Progress On Plan to Expand Multifamily Portfolio While Shrinking Commercial Property Holdings
Assembly Herndon at 2511 Farmcrest Drive in Herndon, VA, part of the Assembly multifamily portfolio acquired by the REIT in the second quarter. (CoStar)
Assembly Herndon at 2511 Farmcrest Drive in Herndon, VA, part of the Assembly multifamily portfolio acquired by the REIT in the second quarter. (CoStar)
By Anne Scobell
CoStar Research
July 31, 2019 | 3:56 P.M.

Washington Real Estate Investment Trust reported financial results for the second quarter during which it acquired a large, 2,113-unit multifamily portfolio for approximately $461 million.

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