NOVO Properties Announces New DC Acquisition
Washington, DC, March, 2017
NOVO Properties (NOVO) is pleased to announce the acquisition of 310 Hamilton Street, NW, a 17-unit multi-family property located in NW Washington, DC.
310 Hamilton Street is located in the desirable Petworth submarket. This property is located just across the street from the Washington Latin school and blocks away from the ongoing redevelopment of the Kennedy Street commercial corridor.
NOVO was selected by the Tenant’s Association to partner on this acquisition and worked closely with the Association attorney and the Latin Economic Development Center (LEDC) to craft a redevelopment plan for the property.
“This is a great acquisition for NOVO. We love all the incoming activity to the area and we are proud to have been recognized as a preferred partner for another Tenant Association” said Greg Selfridge, Managing Partner at NOVO. “Adding 310 Hamilton Street to our portfolio helps us continue to expand our presence in the Petworth and Brightwood submarkets”.
For more information about this acquisition, please contact NOVO Properties’ main office at (202) 315-1111, or visit the NOVO Properties website at www.LiveNovo.com.
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NOVO Properties is a multi-family owner, developer and property management company headquartered on Capitol Hill in Washington, DC. NOVO currently owns and manages a portfolio of approximately 2,000 apartment units throughout Washington, DC, Chicago, Charleston and the city of Cambridge on Maryland’s Eastern Shore.