Fairway Apartments Update 05/05/21

Reston Multifamily Acquired for $93M

Akelius has acquired the Fairway Apartments from JBG Smith for $93M. JBG Smith had acquired the 346 unit community in 2006 for just over $77M. The garden-style apartment complex sits on 18 acres and offers a community BBQ and picnic area plus a playground.

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