Bozzuto and Invesco Real Estate have jointly acquired Ashton at Dulles Corner, a 454-unit apartment community in Northern Virginia’s high-growth Reston-Herndon corridor. The acquisition is the second in the firms’ joint $330 million multifamily investment program, which has an overall deployment capacity of approximately $1 billion and targets value-added multifamily assets across key East Coast markets.
Located in one of the Washington, D.C., metro area’s most dynamic economic hubs, the community offers access to major employment centers, a robust economic base and sustained job growth. The partnership plans significant upgrades to approximately 75 percent of the residences as well as amenity spaces, corridors and other common areas, enhancing the living experience and positioning the community for long-term performance.
“This acquisition reflects our shared commitment to identifying and enhancing high-quality communities in thriving markets,” said Toby Boz
