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Foulger Pratt commits nearly $500 million to buy four DC apartment complexes

Firm is looking to be 'very active' over the next year across DC market, it says
One of the Washington, D.C., properties that traded hands was 740-770 Fifth St. NW. (CoStar)
One of the Washington, D.C., properties that traded hands was 740-770 Fifth St. NW. (CoStar)
CoStar News
August 20, 2025 | 7:15 P.M.

A Potomac, Maryland-based development firm bought three apartment buildings in Washington, D.C., with plans to soon close on a fourth as part of a nearly half-billion-dollar investment to expand its presence in the nation's capital.

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