UIP, Atalaya Purchase Onyx on First for $95.5 Million

After a wave of office deals capped off by last week’s record-breaking sale at 900 G St., a 266-unit apartment complex in Southeast Washington, D.C. has come off the market for nearly $100 million.

Urban Investment Partners (UIP), a locally-based real estate investment firm, purchased Onyx on First, a 14-story multifamily building located on the corner of L and 1st streets in Southeast D.C.’s Capitol Riverfront, from J.P. Morgan Investment Management…