The 148-unit Incanto in Washington, D.C.
Across the board, the Southwest/Navy Yard’s key performance indicators are trending upward. Occupancies as of September were still recovering from the sustained supply over the past few years, but strong quarterly absorption slowly brought the vacancy rate lower.
The Southwest/Navy Yard absorbed more than 1,000 units for the seventh straight quarter. At the same time, another 1,300 units delivered over…