MEAG in cooperation with CBRE Investment Management acquire trophy property in Washington, D.C.

MEAG, Munich Re’s asset manager, in cooperation with CBRE Investment Management, has acquired the Westlight Apartments, a premier, top-tier LEED Gold status mixed-use development in Washington, D.C., on behalf of Munich Re Group.

Westlight, a boutique, top-of-market multifamily asset in the District, features high-quality amenities including a rooftop pool, sun deck, state-of-the-art fitness center and on-site Michelin Star restaurant. The property also features large floorplans and trophy AA unit finishes such as floor-to-ceiling glass walls, natural hardwood flooring, Italian high-glass cabinetry, Caesarstone quartz countertops, Thermador and Bosch appliances and gas cooktops. The acquisition includes the purchase of the 93-unit state-of