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UIP Asset Management, Inc., a subsidiary of the UIP Companies, Inc. of Washington, DC, has appointed Michiel van Zadel Vice President of Asset Management and Will Rapaport Director of Acquisitions. In addition, Jonathan Mayer has been promoted to Vice President of Acquisitions.
Michiel van Zadel joins UIPAM from Bouwfonds Investment Management in the Netherlands, where he served as Portfolio and Fund Manager, overseeing $1.5 billion of US multifamily investments on behalf of…Continue
Posted on September 10, 2014 at 5:11pm
Washington Property Company (WPC) of Bethesda, MD has hired John Mulhern as Construction Manager. In this role, Mr. Mulhern oversees all construction-related contract functions for WPC’s new multifamily and mixed-use properties, as well as renovation of existing commercial buildings.
With over 25 years of construction management experience, Mr. Mulhern joins WPC from NTVI Enterprises, LLC, where he served as Program Director. Earlier, he worked for The Donohoe Companies, where he…Continue
Posted on July 29, 2014 at 11:57am
The JCR Companies has acquired the 51,800 square feet of retail space at Lorton Station Town Center for $13.8 million, shortly after scooping up a retail building housing Cork & Fork in the heart of the thriving 14th Street corridor in Washington, DC.
The Lorton Station Town Center, which occupies the ground-floor area directly above the Virginia Railway Express (VRE) commuter train station, was sold by Regency Centers. It is 100 percent leased to 19 local, regional,…Continue
Posted on July 2, 2014 at 10:29am
Bethesda, MD-based Washington Property Company has broken ground for its latest and most upscale apartment complex on Metrorail’s Red Line in Montgomery County, MD. Solaire Bethesda, scheduled to deliver in 2016, will offer 139 luxury rental apartments with 6,400 square feet of ground-floor retail space and a two-level underground parking garage.
Strategically located at the corner of Wisconsin and Woodmont Avenues on the site of the…Continue
Posted on July 2, 2014 at 10:27am
In the heart of Adams Morgan, one of the most exciting neighborhoods of Washington, DC, Perseus Realty is developing The Adamo, a 34-unit luxury condominium with contemporary flair. Urban Pace, Washington’s leading condo sales and marketing firm, will begin presales in September.
In 2012, Perseus acquired the site at 1827 Adams Mill Road and began assembling design specialists who could bring the atheistic necessary for such a prominent location. Following demolition of an…
Posted on June 4, 2014 at 12:06pm