Berkadia Completes Sale of Luxury Apartments in Washington D.C.’s West End Neighborhood
Washington, D.C. – June 27, 2025 – Berkadia, a distinguished leader in the commercial real estate sector, announced today that it arranged the sale and financing of WestEnd25 (the “Property”), a 283-unit LEED Gold-certified multifamily asset overlooking Rock Creek Park in Washington D.C.’s West End neighborhood, one of the city’s most prestigious submarkets.
Senior Managing Director Brian Crivella and Managing Directors Bill Gribbin and Yalda Ghamarian of Berkadia DC Metro completed the sale on behalf of JBG Smith, a publicly traded real estate investment trust based in Bethesda, Maryland. JRK Property Holdings, a privately owned real estate investment company headquartered in Los Angeles, acquired the Property for $186 million. Berkadia also secured acquisition financing on behalf of the buyer.
“WestEnd25 is an exemplary high-rise asset situated in one of D.C.’s most prestigious, supply constrained, and high barrier to entry neighborhoods, combined with the elite amenity set and property’s unique unit mix – including 21 penthouses units and 35 park view units – can’t be found anywhere else in D.C.,” said Gribbin.
This trophy asset represents a noteworthy sale in Washington, DC in 2025 and Berkadia’s commitment to delivering exceptional investment opportunities. The Property’s strategic location and premium features underscore its significance in the region, setting a benchmark for future transactions.
“We saw significant interest in this deal due to the Property’s prime West End, DC location and we are thrilled by the potential for continued rent growth in a top-tier submarket,” said Crivella.
Designed by the renowned architectural firm Shalom Barnes Associates and built in 2009, WestEnd25 is a 10-story property located at 1255 25th Street NW featuring a mix of one-, two-and three-bedroom layouts, including 254 market-rate units, 21 penthouses and 8 affordable units. The Property offers a diverse mix of large unit sizes with an average market rate SF of 969 SF, and with select units including dens and expansive terraces offering park views. The prior owner had demonstrated that strategic value-add upgrades to the residences can command significant premiums, but most units are in unrenovated, 2009 condition. Community amenities include a rooftop pool with sundeck offering 360-degree views of iconic landmarks and monuments, a large fitness center, multiple rooftop decks, a coworking space, and a resident lounge.
WestEnd25 is situated at the nexus of the lively, pedestrian-friendly neighborhoods of Georgetown, Dupont Circle and the bustling Central Business District. The Property is within a 10-minute walk to over 28.7M SF of Class A office and hundreds of major private sector employers offering residents unparalleled access to the region’s top employers and institutions.
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