v3.25.4
Acquisitions, Dispositions and Held for Sale (Tables)
12 Months Ended
Dec. 31, 2025
Acquisitions, Dispositions and Assets Held for Sale  
Schedule of disposition activity

Gain (Loss)

Gross

Cash

on the Sale

Sales

Proceeds

of Real

Date Disposed

  ​ ​ ​

Assets

  ​ ​ ​

Segment

  ​ ​ ​

Price

  ​ ​ ​

from Sale

  ​ ​ ​

Estate

(In thousands)

Year Ended December 31, 2025

February 19, 2025

8001 Woodmont (1)

Multifamily

$

194,000

$

188,779

$

(840)

June 20, 2025

Development Parcel

Other

11,000

10,355

(539)

June 25, 2025

WestEnd25 (2)

Multifamily

186,000

181,098

42,304

July 10, 2025

The Batley

Multifamily

155,000

150,053

(37)

December 9, 2025

Development Parcel

Other

8,000

7,545

(393)

Other (3)

6,138

$

46,633

Year Ended December 31, 2024

January 22, 2024

North End Retail

Multifamily

$

14,250

$

12,410

$

(1,200)

September 17, 2024

Fort Totten Square

Multifamily

86,800

84,600

(5,352)

December 19, 2024

2101 L Street (4)

Commercial

110,101

105,014

Other (5)

3,799

$

(2,753)

Year Ended December 31, 2023

March 17, 2023

Development Parcel

Other

$

5,500

$

4,954

$

(53)

March 23, 2023

4747 Bethesda Avenue (6)

Commercial

40,053

September 20, 2023

Falkland Chase-South & West and Falkland Chase-North

Multifamily

95,000

93,094

1,208

October 4, 2023

5 M Street Southwest

Other

29,500

28,585

430

November 30, 2023

Crystal City Marriott

Commercial

80,000

79,563

37,051

December 5, 2023

Capitol Point-North-75 New York Avenue

Other

11,516

11,285

(23)

Other (7)

669

$

79,335

(1)In connection with the sale, we repaid the related $99.7 million mortgage loan.
(2)In connection with the sale, we repaid the related $97.5 million mortgage loan and terminated the related interest rate swap resulting in a $2.2 million gain, which was included in "Gain (loss) on the extinguishment of debt, net" in our consolidated statement of operations for the year ended December 31, 2025.
(3)Includes a $4.7 million gain related to permanent land easement transactions across various parcels in National Landing and a gain of $1.4 million related to prior year dispositions.
(4)In connection with the sale, the lender of the related $120.9 million mortgage loan accepted the proceeds from the sale and $6.7 million of cash as repayment of the mortgage loan, resulting in a $9.2 million gain on the extinguishment of debt, which was included in "Gain (loss) on the extinguishment of debt, net" in our consolidated statement of operations for the year ended December 31, 2024.
(5)Primarily related to the reversal of certain previously recorded contingent liabilities which were relieved in connection with the sale of Central Place Tower by one of our unconsolidated real estate ventures. See Note 5 for additional information.
(6)We sold an 80.0% interest in the asset for a gross sales price of $196.0 million, representing a gross valuation of $245.0 million. See Note 5 for additional information.
(7)Related to prior period dispositions.
Schedule of summary of assets held for sale

Liabilities Related

Number of

Assets Held

to Assets Held

Assets

  ​ ​ ​

Segment

  ​ ​ ​

Location

  ​ ​ ​

Units

  ​ ​ ​

for Sale

  ​ ​ ​

for Sale

(In thousands)

8001 Woodmont (1)

Multifamily

Bethesda, Maryland

322

$

190,465

$

901

(1)This asset was sold in February 2025.