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Apr 2018Boutique 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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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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Sep 2014More 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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Jul 201410-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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May 2014Condos 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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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…