Boutique condos in Northwest Washington offer coveted views and luxury living
Published in The Washington Post April 24, 2018 Michele Lerner Views of the Washington Monument, the Capitol and Washington National Cathedral are common sites from rooftops and penthouse condos across the District, but few residences have a view of the most famous Washington address: 1600 Pennsylvania Ave. To correct that deficit, Lynn Hackney, a partner with Allyson Capital, got together with Ellisdale Construction, architect…
LIHTCs, RAD Save Affordable Housing for Vulnerable Populations in Baltimore Suburb
Published February 2018 Novogradac Journal of Tax Credits MARK O’MEARA, SENIOR WRITER, NOVOGRADAC & COMPANY LLP It is important to preserve affordable housing, especially for vulnerable populations. WISHROCK Investment Group did just that in Towson, Md., when it purchased Tabco Towers, a 200-apartment building reserved for low-income seniors and people with disabilities. “This was an existing affordable housing community. The odds were high that it…
The Beacon Center has been selected as one of the top deals in Washington Business Journal’s Best Real Estate Deals of 2016 Awards program.
Published in Washington Business Journal Best Real Estate Deals of 2016 Awards This project is the redevelopment of the site where the historic Emory United Methodist church now stands at 6100 Georgia Avenue, NW in Brightwood. The church will be demolished except for a portion of the sanctuary’s façade. The property is a historic landmark designated by the DC Historic Preservation Review Board. In…
Kevin Ash participated as a panelist for the Marcus & Millichap / IPA Multifamily Forum DC 2017.
The 6th annual forum brought together more than 400 multifamily owners, investors and developers and other industry principals. This is a high-level thought leadership conference where you can: • Network with 400+ developers, owners, investors, financiers, architects, engineers and other industry principals. • Hear how the national economy and changing administration may impact the multifamily business in the region. • See what’s trending in emerging…
Beacon Center Ground Breaking
A JV of Community Builders and Emory Beacon of Light has brought on Ellisdale Construction to demolish a Brightwood church and build a 99-unit affordable housing project. Joined by Mayor Muriel Bowser, members of each company broke ground last week on the $42.5M project at 6100 Georgia Ave NW, dubbed The Beacon Center.
New 133-Unit Mt. Vernon Triangle Apartment Building Opens
Published in Bisnow October 05, 2016 Jon Banister, DC A 133-unit Mt. Vernon Triangle apartment building has opened as Mayor Muriel Bowser joined the development team this week to cut the ribbon. The Aspen at 4th and L Streets NW was developed by a JV of A&W Development’s Rich Ward and Kevin Ash, Premium Title’s Ben Soto and Blue Sky Housing’s Earl “Chico” Horton III (above, with the mayor). The four owners combined to create 1031 4th St LLC. Ellisdale…
Ontario Named in Top 10 Developments on BuzzBuzzHome in November
More EB-5 from Urban Atlantic: Developer secures $9M for new Mount Vernon Triangle apartments
Published in Washington Business Journal September 11, 2014 by Michael Neibauer Urban Atlantic is busy as a developer, with roles in a variety of local developments, from Walter Reed and Arthur Capper Carrollsburg to Rhode Island Row and Alexandria’s Chatham Square. But there’s more to the Bethesda-based firm. It is also a financier, of sorts. On Wednesday, we reported Urban Atlantic and a…
10-Story, 124-Unit Building Approved for Mt. Vernon Triangle
Published in District Source July 9, 2014 by Shaun Courtney Ellisdale Construction and Development receive zoning approval Tuesday for a proposed 10-story, 124-unit apartment building with ground floor retail at 1031 4th St. NW in Mt. Vernon Triangle. The 100-foot building will offer 25 parking spaces and 41 bike storage spaces. They hope to attract a restaurant tenant for the approximately 10,500 square feet of retail. The site–bounded by…
Condos in Northwest Washington have a roomy feeling and the amenities
Published in The Washington Post May 8, 2014 by Michele Lerner When Barry Phelps decided he wanted a home more spacious than his condominium on the border of Dupont Circle and Adams Morgan, he looked at 10 to 15 condos, both new and resale, before settling on the Clayton. The Clayton — at 4800 Georgia Ave. NW in the District’s 16th Street Heights neighborhood…