NEWS & PRESS


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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How 1 Construction Firm Is Thinking Outside The Box To Help Developers Cut Costs

29

Jul 2019

How 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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Replacing Concrete Framing With Light Gauge Metal Can Cut Costs By 10%

08

May 2019

Replacing 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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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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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.

28

Jun 2017

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…

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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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Courtesy: Ellisdale Construction

12

Jan 2017

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

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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