WashREIT achieves first-ever BREEAM certification for multifamily industry

WashREIT announced the successful certification of eight multifamily assets under BREEAM’s In-Use certification standard. This achievement marks a significant milestone for both WashREIT and BREEAM, as it signifies the first set of multifamily assets to receive BREEAM certification in the United States.

The multifamily developments that have received BREEAM certification include Assembly Alexandria, Assembly Dulles, Assembly Germantown, Assembly Herndon, Assembly Leesburg, Assembly Manassas, Assembly Watkins Mill and Cascade Landmark. These assets, which WashREIT acquired in 2019, include a total of 2,390 units and span locations across Virginia and Maryland. Notably, half of the assets certified earned a rating of ”Very Good.”

“We’re focused on existing class B assets — and historically, this asset class has lacked in sustainability investments. But residents and investors alike care about sustainability,” said Paul McDermott, president and CEO of WashR