Press Release

Concord Communities, a Lowe Subsidiary, Acquires Washington DC Affordable Housing Community

Concord Communities, a Washington DC-based affordable housing owner and developer has acquired Stanton Glenn, a 379-unit affordable housing community at 3048 Stanton Road, SE in Washington, DC for $39.5 million. Concord plans to invest over $18 million in capital improvements to Stanton Glenn including upgrades to the residences, common areas and infrastructure.

 

Stanton Glenn Press Release