Insight Property Group, the brainchild of Fraser Forbes CEO Rich Samit and former Kettler execs Rick Hausler and Mike Blum, announced this week it has purchased the Windover Villas community of 90 single family homes in Fredericksburg. The acquisition follows last week’s announcement that the new company picked up 1200 Rolfe Street North (rendering above)…

Insight Property Group LLC, a rising player in the mid- to large-sized multifamily market, is getting ready to embark on a redevelopment frenzy in Arlington. McLean-based Insight — founded last year by former Kettler Inc. and Fraser Forbes Real Estate Services execs — just bought an apartment complex at 1200 N. Rolfe St. and plans…

Former Kettler execs Rick Hausler and Mike Blum have been a force behind some of the Washington region’s largest and flashiest developments. The 3,200-unit Metropolitan Park turned a Pentagon City warehouse district into a pulsing retail and residential corridor. Kettler pulled off high-rise housing in Reston when nobody could have imagined that was possible. And…

Construction on $52 million transit-oriented project set for late 2012.

Arlington, Virginia-based multifamily developer Insight Property Group announced today that it has acquired a 3.4 acre site in the Alexandria section of Fairfax County, Virginia for its new metro-oriented luxury apartment project.

Insight plans to start construction of the $52 million, 240-unit Huntington Metro project in the 4th quarter of 2012 and deliver the finished building in mid-2014.

Grayson Flats Offers Large Apartment Homes, Green Space, Condo Finishes Near Courthouse Metro, Major Employers

Just off Route 50, within blocks of the Courthouse Metro station, Insight Property Group LLC has kicked off construction of Grayson Flats Arlington, a 67-unit luxury apartment building scheduled to deliver in October of 2012. Buvermo Investments of Bethesda, MD is the equity partner in the $25 million development.

Last week McLean-based apartment developer Insight Property Group, with partner Nova-Habitat, Inc, settled on the Postal Service’s Silver Spring Post Office site, located two blocks from the Silver Spring Metro Station at 8616 Second Avenue. Insight plans to start construction of its proposed 310 unit, $75,000,000 Class A apartment project on the former United States Post Service property in the 4th quarter of 2012.

In $18.250 Million Acquisition
Company’s Sixth Apartment Purchase in First 15 Months

Insight Property Group LLC announced today its $18.250 million purchase of the 200-unit Townsend Square Apartment community in Fredericksburg, Virginia. The property, which is located approximately 45 miles south of Washington, DC, is Insight’s sixth multifamily acquisition since its formation in October of 2009. The community is off U.S. Route 1 and in close proximity to I-95 and the Fredericksburg Virginia Railway Express station. Major attractions and employment centers in close proximity include downtown Fredericksburg, University of Mary Washington, Spotsylvania Regional Medical Center, Central Park, Spotsylvania Mall, Fort A. P. Hill and Quantico Marine Base.

Insight Property Group LLC announced today that it has hired Sarah Davidson as Managing Director and Partner. Ms. Davidson will be responsible for leading the acquisition and development process for Insight.

Prior to joining Insight, Ms. Davidson was employed by Freddie Mac where she restructured over $400 million in troubled multifamily loans located throughout the country and oversaw disposition of a portfolio of REO assets.

Insight Buys 214 Apartments Near Quantico Base
In $15.9 Million Acquisition
Company’s Fifth Apartment Purchase in First Year

Insight Property Group LLC announced today its $15.9 million purchase of the 214-unit Vine Place Apartment community near Interstate 95 and the Quantico Marine Base in Virginia, located approximately 30 miles south of Washington, DC. This project is Insight’s fifth multifamily acquisition since its formation in October of 2009.