Combined Properties, a D.C.-based company, has acquired Homestead at Reston, a 200-unit apartment complex at 12265 Laurel Glade Court. The deal was closed for $41 million and the company has renamed the complex to Reston Glade.
The complex could be upgraded in the future, although no plans are definitive, according to the company.
“Reston Glade will become a community known for its location and amenities, while still providing value for its residents,” said Ronald Haft, chairman of Combined Properties.
The property was formerly known as Homestead at Reston. In a statement, Combined Properties touted Reston as “one of the most desirable submarkets in the Washington, D.C. region area.”
Gary Scott, the company’s vice president of national acquisitions, said Combined Properties is positioning itself to acquire more residential complexes in the future.
The company has nine mixed projects in its portfolio. Nearby, it owns Sugarland Crossing in Sterling and McLean Plaza in McLean.
Recent Stories
A new CBD boutique is coming soon to Lake Anne Plaza (staff photo by Angela Woolsey) A CBD boutique is coming soon to Reston’s Lake Anne Plaza. OmBaked is expected…
Live Fairfax is a bi-weekly column exploring Fairfax County. This recurring column is sponsored and written by Sharmane Medaris of McEnearney Associates. Questions? Reach Sharmane at 813-504-4479. Are you an inspired foodie like…
The clock is ticking for Fairfax County and the D.C. region to adopt a new transportation plan aimed at reducing greenhouse gas emissions. This past June, the National Capital Region…
The Reston Town Center pavilion reopened in November after undergoing renovations (staff photo by Jay Westcott) Intricate ice sculptures are coming to Reston Town Center’s outdoor skating rink at the…
The Ravel Dance Studio will re-open for fall classes 2020. The school will offer in person and virtual online instruction. With over 5000 sq. ft. to social distance the school has added air ionization filtration systems, ballet barres, acrylic dividers, hands free bathrooms, strict monitoring and more.
The Ravel Dance Studio will produce a Nutcracker Ballet Hollywood style video through the Reston Community CenterStage. REGISTRATION online begins August 17.
Chris Green is one of the DMV’s finest fitness instructors. A Lululemon and South Block ambassador, he is a coach and mentor to so many. He embodies grace, positivity and motivation in ways that no one else can. If we could all learn a thing or two from him, the world would be a much better place. He does so much for others, and does so with a smile on his face 99% of the time.
He recently ruptured his Achilles and has an incredibly long and tough journey ahead. As if COVID hadn’t impacted fitness professionals enough, throw this in the mix and it’s a double, even triple whammy. CG is no longer able to work and do what he loves for the time being because of this and we’d love your support.
