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Nonprofit Acquires Mack-Cali Apartment Property in Virginia With Help of New Amazon Fund

Nearly $400 Million Purchase, Slated for Affordable Housing, Is Located Near E-Commerce Giant’s Planned HQ2
The Washington Housing Conservancy is now the owner of the Crystal House apartments in Arlington, Virginia, near Amazon's planned second headquarters. (CoStar)
The Washington Housing Conservancy is now the owner of the Crystal House apartments in Arlington, Virginia, near Amazon's planned second headquarters. (CoStar)
CoStar News
January 7, 2021 | 12:23 AM

E-commerce giant Amazon's new $2 billion affordable-housing fund is financing a nonprofit group's nearly $400 million acquisition of Mack-Cali Realty's interest in a multifamily property in Arlington, Virginia.

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