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Nov 2019The Best Multifamily Contractors in Washington, District of Columbia
Published in GC Magazine September 10, 2019 Editorial Staff In 2017, Curbed Washington DC reported that the U.S. Capital is in need of housing units to keep up with the upward trend in the job market. Multifamily developers and business owners see this as an opportunity, especially since the city’s rental rates have risen 45% between 2005 and 2015. If that trend is any indication,…
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Jul 2019How 1 Construction Firm Is Thinking Outside The Box To Help Developers Cut Costs
Published in Bisnow July 29, 2019 Julia Troy A developer recently approached Ellisdale Construction President Kevin Ash with a problem. The firm wanted to construct a wood-frame building with five floors of residential units and four floors of parking, but due to the height restrictions placed on the wood, they knew they would have to put two of those parking floors underground — an expensive…
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May 2019Replacing Concrete Framing With Light Gauge Metal Can Cut Costs By 10%
Published in Bisnow May 08, 2019 Alexandra Mar Labor costs are up, material costs are up, and some multifamily projects that might have been easy to finance five years ago are now frozen in their tracks. But a cost-saving alternative to standard, cast-in-place concrete structural work is helping developers move forward. Increasingly, multifamily developers are seeing success replacing labor-intensive formed concrete with light gauge metal….
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Mar 2018LIHTCs, 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…
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Jun 2017Kevin 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…
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Jan 2017New 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…
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Apr 2014123-Unit Residential Project Planned For 4th and L Streets
Published on Urban Turf March 5, 2014 by Lark Turner Developers are hoping to break ground on a ten-story, 123-unit building in Mount Vernon Triangle in August or September of this year. The development, which is requesting several zoning variances, received ANC 6E’s support Tuesday night, and will soon go before the Board of Zoning Adjustment (BZA). The mixed-use building at 1031 4th Street NW will…
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Oct 2012Local Workers Hired at Stephen Manor, Vita Garden Apartments
The Stephen Manor and Vita Garden housing complexes are receiving $7 million of improvements after being purchased by Vitus Group of New York. And thanks to some local employers, some of the improvements are being done by local young men seeking to turn their lives around. The large-scale project is being handled by Ellisdale Construction, an out-of-state firm that hired Asbury resident Arnold Faulhaber, owner…
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Oct 2012Accolades for Ellisdale Construction’s Recent Renovations
[vc_row][vc_column][vc_column_text]Exploring DC’s streets, it is clear that the city is rich in architectural history, but naturally, we have large quantities of century-old buildings in need of repair. Over the last ten years, local firm Ellisdale Construction and Development has transformed many of the buildings that make up the city’s aging housing stock. And after three very successful renovations completed this past year, the industry is taking notice….