OWNED & OPERATED

Washington, D.C. · 49 Residences

The Griffin at Petworth Metro Apartments in Washington, D.C.

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.

The Griffin at Petworth Metro apartments on Georgia Avenue NW in Washington, D.C.

At a glance

Facts on the property

Property type
Multifamily
Residences
49
Location
Washington, D.C.
Acquired
July 2020
Status
Owned and operated
Offering
Fully subscribed
Original target hold
Seven years
Property management
Donatelli Management
Portfolio milestone
XSITE Capital’s first acquisition

Original underwriting target: 15–18% annually*

*Original underwriting target established at acquisition. This is not a realized return or guarantee of future performance.

3801 Georgia Avenue NW, Washington, DC 20011

The property

Urban residences near the Petworth Metro

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’s first property

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.

Read more about the XSITE Capital story

The investment

Transit access within Washington, D.C.

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

Managing a compact urban community

Residence improvements

Complete approved residence improvements as opportunities arise and in response to market demand.

Building stewardship

Maintain the property’s exterior, common areas, building systems, and resident spaces.

Operational execution

Work with Donatelli Management to strengthen leasing, maintenance, expense control, and the resident experience.

Long-term evaluation

Monitor property performance, capital needs, and market conditions throughout the planned hold period.

Learn more about XSITE Capital’s investment approach

The neighborhood

Petworth and Georgia Avenue NW

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

Active management throughout the hold

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.

New to private real estate investing? Learn how passive real estate investing works

Questions about The Griffin at Petworth Metro apartments

Where is The Griffin at Petworth Metro located?
The Griffin is located at 3801 Georgia Avenue NW in Washington, D.C.
How many residences are at The Griffin?
The community contains 49 residential units.
When did XSITE Capital acquire the property?
XSITE Capital acquired The Griffin in July 2020.
Was The Griffin XSITE Capital’s first acquisition?
Yes. The Griffin at Petworth Metro was XSITE Capital’s first property acquisition and marked the beginning of the firm’s multifamily portfolio.
Is The Griffin currently available for investment?
No. The Griffin’s investment offering is fully subscribed. Qualified investors can review XSITE Capital’s current offering or talk with the team about future opportunities.
Who manages the property?
The community is managed by Donatelli Management, with XSITE Capital overseeing the asset strategy.
What was the original target hold period?
The original business plan contemplated a seven-year target hold. Actual timing may differ depending on performance, market conditions, and other relevant factors.

Current Opportunities

The Griffin is fully subscribed. See what comes next.

Explore XSITE Capital’s current offering or talk with the team about future investment opportunities.