JLL Capital Markets has closed the sale of The Shay, a multifamily community in Washington, D.C.’s Shaw neighborhood. Buyer and sales price were not disclosed. Located at 1924 8th St NW, the 245-unit property offers studio, one and two-bedroom units with access to amenities such as a heated pool, landscaped rooftop decks, catering kitchen and fitness center. JLL represented the seller in this transaction with Robert Jenkins and Bret Thompson leading their team.

Stronger US Economy, Not Inflation, Drives 10-Year Treasury Yield Surge and CRE Outlook
The sharp rise in the 10-year U.S. Treasury yield since August is being driven more by economic strength than by

