---
title: "Greystar Sells Virginia Apartment Tower for $216M"
url: https://burnaze.com/article/2dd9e0f6-4c47-439c-b03b-c1cede4b17a1
source: "Commercial Observer"
original_url: https://commercialobserver.com/2026/07/greystar-gid-virginia-multifamily-sale-housing/
author: "Gregory Cornfield"
category: "Real Estate"
published: 2026-07-16T19:55:54.000Z
modified: 2026-10-31T13:17:19.650Z
image: https://commercialobserver.com/wp-content/uploads/sites/3/2026/07/Bob-Faith-Greg-Bates-Arlington-VA-construction-credit-Getty-Images.jpg?quality=80&w=1200
---

# Greystar Sells Virginia Apartment Tower for $216M

**TL;DR:** Greystar has sold a 423-unit luxury apartment tower in Northern Virginia to investment firm GID for $215.8 million. The acquisition expands GID's portfolio in the region, managed by its Windsor Communities subsidiary.

*By Gregory Cornfield, originally published in Commercial Observer on 2026-07-16. [Read the original](https://commercialobserver.com/2026/07/greystar-gid-virginia-multifamily-sale-housing/).*

## Story

**Greystar**, perhaps the largest multifamily landlord in the U.S., has unloaded another property, this time in Northern Virginia.

Investment firm **GID** put down $215.8 million to acquire the 423-unit luxury apartment tower in Arlington, Va., and changed its name to **Windsor Courthouse**. The deal for the 20-story development at **2055 15th Street North** is equal to more than $510,000 per unit.

The *Business Journals* reported the transaction, citing data from **CoStar**. **Berkadia** arranged the transaction on behalf of Greystar. Neither Boston-based GID nor Charleston, S.C.-based Greystar responded to requests for comment for this article.

Located next to the Court House Metro station, Windsor Courthouse was completed in 2023, and it is the tallest residential building in Arlington’s Court House neighborhood. It features 18,500 square feet of ground-floor retail leased to tenants such as French café **Maman**, **YogaSix** and **Playa Bowls**. Japanese restaurant **Saki** is set to open in another spot at Windsor Courthouse soon.

Berkadia’s **Brian Crivella**, **Yalda Ghamarian**, **Bill Gribbin** and **Jack Canepa** handled the deal for Greystar.

The acquisition expands GID’s portfolio in Northern Virginia, managed by its **Windsor Communities** subsidiary, which runs **Halstead Tower by Windsor** in Alexandria, **Io Piazza by Windsor** in Arlington and the **Ridgewood by Windsor** in Fairfax.

Greystar also maintains a presence in the submarket after completing a 231-unit high-rise across the street last year.

## Entities

- Real Estate (sector)
- Commercial Observer (publication)
- YogaSix (company)
- portfolio expansion (topic)
- Playa Bowls (company)
- Gregory Cornfield (person)
- Berkadia (company)
- investment deal (topic)
- Greystar (company)
- property sale (topic)
- Maman (company)
- real estate transaction (topic)

---
Originally reported by Gregory Cornfield, Commercial Observer (https://commercialobserver.com/2026/07/greystar-gid-virginia-multifamily-sale-housing/). Summarized by Burnaze (https://burnaze.com/article/2dd9e0f6-4c47-439c-b03b-c1cede4b17a1).