Real estate tech company expands D.C. footprint with Aria partnership

Real estate company Blueground has made its largest deal in the District so far, partnering with Aria Development to expand its rental concept to Foggy Bottom.

New York-based Blueground, like competitors WhyHotel and Sonder, leases and furnishes unoccupied apartments for shorter-term stays. Its most recent deal is for 18 units at Aria’s The Remington, which recently underwent a renovation.

Blueground, which launched in 2018, started the year with about 20 units in the District but with the Aria partnership will now have close to 120, according to Eli Nofzinger, general manager of Blueground D.C. Earlier this year, Blueground leased several apartments at Aria’s luxury apartment building The Bond at 1230 New Hampshire Ave. NW.

The Remington, 601 24th St. NW, offers units ranging from 600 to 700 square feet and amenities including concierge services, controlled gate access, an on-site fitness center and off-street parking. Single bedrooms cost about $3,000 a month, and two bedrooms land…

Read the full story from the Washington Business Journal.

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