Loren Falls Church
Falls Church, VA
In September 2019, Blackfin acquired Loren Falls Church. The Loren is a class-A, mixed-use property located in Falls Church, Virginia just an 18-minute drive to National Landing, the future home to Amazon HQ2. Built in 2017, Loren Falls Church is a mid-rise asset offering 185 apartment homes with upscale features and unrivaled amenities. The property also includes 13,577 square feet of retail with in-demand merchants such as Orange Theory and Casual Pint that service apartment residents and the highly-affluent Hillwood neighborhood directly adjacent to the property. The acquisition provides Blackfin with the opportunity to diversify its portfolio with a core, class-A asset in a well located supply-constrained market. In addition, the Property maintains significant rent growth potential while still functioning as a value alternative to Tysons Corner and the Rosslyn-Ballston Corridor. Blackfin believes this Property is uniquely positioned to capitalize on the aforementioned market tailwinds and will distinguish itself within the market as an ideal community for residents to call home.