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CAPREIT Buys Bethesda Hill, Adds 193 Units Near D.C.
CAPREIT acquired the 193-unit Bethesda Hill community in Maryland, adding to a busy 2026 that has seen deals in the Northeast and South Carolina.
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CAPREIT has acquired Bethesda Hill, a 193-unit garden-style apartment community in Bethesda, Maryland, about 10 miles north of Washington, D.C. The deal adds to an active 2026 for the company, which has already bought multiple multifamily properties in the Northeast and a single-family build-to-rent community in South Carolina.
The property, formerly known as Elme Bethesda, offers one-, two- and three-bedroom homes with modern finishes, smart home features, and amenities including a pool, fitness center, and EV charging stations. It is ENERGY STAR-certified.