Category Archives: News


The Best Multifamily Contractors in Washington, District of Columbia

20

Nov 2019

The 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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Boutique condos in Northwest Washington offer coveted views and luxury living

24

Apr 2018

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…

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LIHTCs, RAD Save Affordable Housing for Vulnerable Populations in Baltimore Suburb

06

Mar 2018

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…

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Kevin Ash participated as a panelist for the Marcus & Millichap / IPA Multifamily Forum DC 2017.

28

Jun 2017

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…

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New 133-Unit Mt. Vernon Triangle Apartment Building Opens

12

Jan 2017

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…

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More EB-5 from Urban Atlantic: Developer secures $9M for new Mount Vernon Triangle apartments

11

Sep 2014

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…

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10-Story, 124-Unit Building Approved for Mt. Vernon Triangle

10

Jul 2014

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…

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Condos in Northwest Washington have a roomy feeling and the amenities

13

May 2014

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…

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123-Unit Residential Project Planned For 4th and L Streets

01

Apr 2014

123-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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Local Workers Hired at Stephen Manor, Vita Garden Apartments

25

Oct 2012

Local 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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