Challenge

Our client owned a charming, turn-of-the-century apartment building in Capitol Hill and had recently assumed full management responsibilities from their partner. While the property had been well cared for over time, the day-to-day operational demands combined with deferred maintenance and an increasingly complex regulatory environment quickly became overwhelming. Initially focused on preserving the building’s long-term value, the seller ultimately needed expert guidance to assess the asset, stabilize operations, and determine the best path forward toward a successful and well-timed exit.

Result

Despite operational, regulatory, and transactional complexities, the sale closed successfully with a qualified buyer committed to performing through to the finish line. The seller was able to step away from the demands of active management, regain valuable time, and move forward with confidence knowing their Capitol Hill asset would continue to be thoughtfully cared for under new ownership.

After years of ownership, the day-to-day management of the building became more challenging than I anticipated.  I’m grateful to have found and worked with a broker I truly trusted.  Daniel and the Lee & Associates Multifamily Team guided me through every step with clarity, patience, and professionalism.  Knowing they had a thoughtful plan and were always looking out for my best interests made the entire process feel manageable. It was hard to make the decision to let someone else become the steward of this historic piece of property, but Daniel allowed me to move forward with confidence.  He is an exceptional broker.” - Misha