Clear Investment Group, a real estate investment firm based in Chicago, has acquired Marbury Plaza, the 681-unit multifamily complex in Southeast Washington, DC.
The property will be rebranded as Langston Views, which the company said reflected “both the community’s vibrant history and its promising future, given Clear’s inclusive approach to community building.” The company also plans revitalization efforts that will feature modern amenities including a new fitness facility, upgraded locker rooms and swimming pool areas, advanced security systems, and renovated common spaces. Additionally, an on-site convenience store will be introduced.
The financial terms of the acquisition were not disclosed.
“This acquisition exemplifies Clear’s mission to revitalize distressed multifamily housing using ethical, sustainable, and transparent practices,” said Amy Rubenstein, CEO of Clear Investment Group. “Langston Views will honor its historic legacy while offering modern amenities and fostering a thriving, diverse community. We are proud to work alongside city leadership to provide housing solutions that benefit Washington, D.C. residents and align with our commitment to positive social impact.”
