Berkadia Arranges Sale of Premiere Apartment Towers in Mclean, Virginia
Washington, D.C. – February 4, 2026 – Berkadia, a distinguished leader in the commercial real estate sector, announced today that it completed the sale of Kingston at McLean Crossing, a 2018-built, 319-unit multifamily apartment community located in the McLean submarket of Northern Virginia.
Senior Managing Director Brian Crivella, Managing Directors Yalda Ghamarian and Bill Gribbin, and Associate Director Jack Canepa of Berkadia DC Metro completed the transaction on behalf of the seller, LCOR and its partner JLL Income Property Trust. Pantzer, a New York-based owner/operator of multifamily assets across the East Coast, acquired the asset in a transaction that closed on January 30, 2026. The property was 96% occupied at the time of sale.
“Kingston provided a unique opportunity for Pantzer to acquire a generational-quality, transit-oriented asset at a basis below replacement cost, adjacent to several corporate headquarters in a submarket with limited future residential development,” said Crivella.
“McLean’s exceptionally affluent demographics underpin a deep, stable renter base with meaningful rent-to-income upside,” added Ghamarian. “The area is anchored by top-tier public schools, a median household income exceeding $250,000, and average home values approaching $1.8 million – dynamics that continue to support long-term demand.”
The Berkadia DC Metro investment sales team closed approximately $500 million in multifamily transactions in January of this year alone, including Kingston. Crivella attributed the strong start to the year to “continued buyer demand for well-performing multifamily assets in Northern Virginia, particularly those located in highly desirable, transit-oriented submarkets.”
Located at 7480 Birdwood Avenue, Kingston at McLean Crossing comprises two towers – 13 and 15 stories – connected by a two-story skybridge, totaling approximately 528,000 square feet. The property offers a mix of studio, one-, two-, and three-bedroom residences with modern finishes, including stainless steel appliances, quartz countertops, walk-in showers, wood-style plank flooring, floor-to-ceiling windows, in-unit washers and dryers, and private balconies or patios in select homes.
Community amenities include a resort-style swimming pool, state-of-the-art fitness center, rooftop gardens and resident lounges, business center, golf simulator and game lounge, children’s playroom, pet spa with grooming stations, library and study lounge, and dedicated coworking and conference spaces.
The property is a five-minute walk from the McLean Metro Station (Silver Line) and offers immediate access to Route 123, the Capital Beltway (I-495), and the Dulles Toll Road.
Kingston at McLean Crossing is situated in the heart of Tysons, one of the largest office markets in the country. Residents benefit from proximity to major corporate headquarters including Capital One, MITRE, Freddie Mac, and Northrop Grumman, as well as premier retail and dining destinations such as Tysons Corner Center, Tysons Galleria, Reston Town Center, Arlington, and Downtown Washington, D.C.
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