Insight Recapitalizes Affordable Housing Property in Arlington With Equity from LEO Impact Capital

Impact Pool Investment Will Preserve Affordability at Arlington Complex

LEO Impact Capital, JBG SMITH’s workforce housing investment management platform, said the Impact Pool, an investment vehicle it manages, made a preferred equity investment in Haven Columbia Pike. The investment will preserve the affordability of all 118 apartments at the property, a garden-style residential community located at 805 S. Florida St. in Arlington, VA and owned by Insight Property Group. LEO’s investment allows Insight to recapitali…

Insight Recapitalizes Affordable Housing Property in Arlington With Equity from LEO Impact Capital

ARLINGTON, VA. — LEO Impact Pool, an investment vehicle managed by LEO Impact Capital, has provided a preferred equity investment to Insight Property Group for Haven Columbia Pike, a 118-unit, garden-style apartment community in Arlington. LEO’s investment allows Insight to recapitalize the property, fund significant capital improvements and dedicate all available units to workforce housing for families earning 60 percent or less of the area med…