Marcus & Millichap Inc.
10/02/2025 | Press release | Archived content
Marcus & Millichap Brokers Distressed Multifamily Sale in Washington, D.C
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Marcus & Millichap Brokers Distressed Multifamily Sale in Washington, D.C
October 02, 2025
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WASHINGTON, D.C., Oct. 2, 2025 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of a 14-unit multifamily property at 920 Madison Street NW in the Brightwood Park neighborhood of Washington, D.C., for $1,680,000.
"This deal marks our team's 20th distressed asset sale in the last year," said John Slowinski, associate director investments. "This was a challenging deal with many twists and turns, but our experience with distressed assets and the Brightwood and Upper Northwest neighborhoods helped us guide the transaction to a successful close."
Slowinski, Marty Zupancic and Ryan Murray of the Zupancic Group of Marcus & Millichap represented the seller, 76 M, Inc. The property was sold through a Chapter 11 bankruptcy process that was subject to United States Bankruptcy Court approval.
Built in 1957, the three-story, 11,466-square-foot building includes two one-bedroom and 12 two-bedroom apartments. The property is located just off Georgia Avenue and within one mile of the Parks at Walter Reed, a $1 billion mixed-use redevelopment that is delivering over 2,200 new housing units, retail, office space and dining to the area.
"This deal marks our team's 20th distressed asset sale in the last year," said John Slowinski, associate director investments. "This was a challenging deal with many twists and turns, but our experience with distressed assets and the Brightwood and Upper Northwest neighborhoods helped us guide the transaction to a successful close."
Slowinski, Marty Zupancic and Ryan Murray of the Zupancic Group of Marcus & Millichap represented the seller, 76 M, Inc. The property was sold through a Chapter 11 bankruptcy process that was subject to United States Bankruptcy Court approval.
Built in 1957, the three-story, 11,466-square-foot building includes two one-bedroom and 12 two-bedroom apartments. The property is located just off Georgia Avenue and within one mile of the Parks at Walter Reed, a $1 billion mixed-use redevelopment that is delivering over 2,200 new housing units, retail, office space and dining to the area.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2024, the company had 1,712 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 7,836 transactions in 2024, with a sales volume of approximately $49.6 billion. For additional information, please visit https://www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on October 02, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 06, 2025 at 19:45 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]