to Driving Value

When it comes
to apartment living,
we know what matters
and what makes it matter.


to Driving Value

When it comes to apartment living, we know what matters and what makes it matter.

Unlocking Transformative Value

With a track record of driving returns and delivering satisfaction, we are a trusted authority in one of the nation’s most competitive real estate markets.

WashREIT owns and operates real estate assets in the Washington, DC region and Southeastern United States. Backed by decades of experience, expertise, and ambition, we create value by transforming insights into strategy and strategy into action. Our portfolio of 28 properties includes more than 8,000 multifamily apartment units and approximately 300,000 square feet of commercial space.

Rigorous Research, Long-Term Strategy, Decisive Action

A Competitive Edge

We bring the experience and expertise of a regional authority, the flexibility and creativity of a start-up, and the influence and reputation of a market leader to every interaction.

We deliver consistent, superior, lasting value to our shareholders, approaching every decision with a combination of rigor, collaboration, and commitment.

Our targeted in-house research creates the data that drives cohesive, long-term strategies and unified execution. We don’t settle for business as usual. We identify promising value-add opportunities and pursue uncommon solutions that grow our Net Asset Value (NAV) and our Funds From Operations (FFO).

Leadership is a Team Sport

Paul Mcdermott

Paul T. McDermott
President and CEO

Steve Riffee

Stephen E. Riffee
Executive Vice President and CFO

Susan Lilly Gerock, SVP and CIO

Susan Lilly Gerock
Senior Vice President and CIO

Our team of experts digs deeper, works harder, and outthinks our competition. As owners, managers, and partners, we take pride in our collaboration, support, and communication. More Team Members

Our Individuals

Our employees are great at what they do. The nimbleness, flexibility, and adaptability we bring to our work – combined with a flat organizational structure – help our team to do their best work.

An Open Culture

Our mission is to leverage insights, develop strategies, and transform action into value.

We work in a collaborative environment that values interdisciplinary teamwork, creative ideas and uncommon solutions. This culture fosters and encourages growth. Each member of our team trusts his or her colleagues to solve problems and implement outside-the-box solutions. This drives our success and makes leadership a team sport.

Corporate Responsibility

Sustainability and responsibility do more than drive returns. They create positive environmental, social, and ethical effects in our region. We live and work in this city, and when it succeeds, we succeed. Our team has fundraised, donated, and spent thousands of hours volunteering and partnering with dozens of local nonprofits and charities. Learn more.


WashREIT – 2020

2020 Best Corporate Responsibility Program

WashREIT – 2019

2019 District Sustainability Award
Washington, DC Department of Energy and Environment

Space+ – 2018

2018 Best in Industry: Flexible Office Space Provider

WashREIT – 2017

2017 Green Lease Leader
The Institute for Market Transformation (IMT) and the U.S. Department of Energy's (DOE) Better Buildings Alliance