ASB Real Estate Drops $222M On DC-Area Apartment Towers

Law360, New York (December 2, 2013, 5:33 PM EST) -- ASB Real Estate Investments has purchased two recently completed luxury apartment towers in Rosslyn, Va., for $222 million from the JBG Cos., ASB said last week, as part of its effort to entrench the company into what ASB said is a rapidly growing location.

The deal gives ASB, a division of ASB Capital Management LLC, two high-rise towers — Sedona and Slate, both across the river from Washington, D.C., in Arlington County's Rosslyn-Ballston metro corridor and close to the Orange line Metro station as well as...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.