Residence improvements
Complete approved residence improvements as opportunities arise and in response to market demand.
OWNED & OPERATED
Washington, D.C. · 49 Residences
A transit-connected apartment community in Northwest Washington
Acquired in July 2020 as XSITE Capital’s first property, The Griffin at Petworth Metro is a 49-residence community in Washington, D.C. The investment offering is fully subscribed.
At a glance
Original underwriting target: 15–18% annually*
*Original underwriting target established at acquisition. This is not a realized return or guarantee of future performance.
The property
The Griffin at Petworth Metro is a 49-residence multifamily community on Georgia Avenue NW in Washington, D.C. The property is located near the Georgia Avenue–Petworth Metro station and neighborhood services.
Donatelli Management handles day-to-day property operations, while XSITE Capital oversees the asset strategy, investor reporting, and execution of the business plan.
The Griffin is part of XSITE Capital’s multifamily portfolio across selected U.S. markets
Where the portfolio began
XSITE Capital acquired The Griffin at Petworth Metro in July 2020. It was the firm’s first property and established the foundation for the underwriting, asset-management, and investor-reporting practices used across the portfolio today.
At the time of the acquisition, XSITE Capital’s founders were building the firm while continuing their existing professional careers.
The investment
The property combines a Northwest Washington location with access to public transportation, neighborhood retail, services, and regional employment.
The investment strategy focuses on professional management, disciplined operations, property stewardship, and the long-term positioning of a transit-connected urban community.
The business plan
Complete approved residence improvements as opportunities arise and in response to market demand.
Maintain the property’s exterior, common areas, building systems, and resident spaces.
Work with Donatelli Management to strengthen leasing, maintenance, expense control, and the resident experience.
Monitor property performance, capital needs, and market conditions throughout the planned hold period.
The Griffin at Petworth Metro apartments
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The neighborhood
The Griffin is located on Georgia Avenue NW in Washington’s Petworth area, near public transportation, neighborhood retail, restaurants, services, and residential streets.
The location connects residents with employment and institutions throughout Washington and the wider metropolitan region.
See how XSITE evaluates markets and investment opportunities
Ownership and reporting
XSITE Capital oversees execution of The Griffin’s business plan and provides participating investors with regular reporting through the investor portal.
Updates may cover property operations, financial performance, capital projects, residence improvements, and other material developments.
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Current Opportunities
Explore XSITE Capital’s current offering or talk with the team about future investment opportunities.