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Partnership buys apartment complex near DC with plans to expand affordable housing availability

Multifamily property in Silver Spring, Maryland, sells for more than $42 million
Affordable Homes and Communities and BrookWynn Capital acquired 8711 Georgia Ave. in Silver Spring, Maryland. (CoStar)
Affordable Homes and Communities and BrookWynn Capital acquired 8711 Georgia Ave. in Silver Spring, Maryland. (CoStar)
CoStar News
December 31, 2025 | 8:50 P.M.

A partnership purchased a multifamily building in Silver Spring, Maryland, for $42.3 million and said it intends to turn at least half of the existing apartments into affordable housing units for lower-income individuals and families.

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