ULI Washington News

Capital Stacks 101: A Primer on Debt and Equity Event Recap

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Hosted by ULI’s Real Estate 101 Young Leader’s Group, on March 13, 2017, many braved inclement weather for a panel discussion on one of commercial real estate’s fundamental questions: How do I get funding for my project? Given that there are two ways to finance a deal – debt and equity – and then the need to get all parties together, Real Estate 101 thought the best combination for this discussion would be a lender, an equity partner, and a broker. Fortunately, a capital dream-team answered the call: Anthony Balestrieri, … Read More

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Advisory: Panel to Offer Recommendations on Modernizing the Research Boulevard Corridor in Rockville, MD

On March 27-28, the City of Rockville and Metropolitan Washington Council of Governments (MWCOG) are sponsoring an independent Technical Assistance Panel (TAP) in conjunction with ULI Washington. The purpose is to better understand the market position of the Research Boulevard office park corridor and consider options and recommendations for future land use, urban design, and economic development actions as they draft the city’s next Comprehensive Master Plan. After a tour of the study area and various interviews, the panel will provide an open press initial presentation of their findings, the … Read More

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Mentor Group Tours the Historic Jefferson Hotel

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Fall 2016, Mentor Britt Snider, a Pricipal at The JBG Companies,  arranged a tour of the Historic Jefferson Hotel for his group with the Director of Sales, Joan Esposito, who has been with the Jefferson since 2008 during the recent renovation. On the tour, she showed the group the award winning restaurant, common areas, and one of the suites, noting the great amount of detail that went not only in to the renovation and design, but also which goes into each guest’s visit.  During the renovations, the building’s skylight was uncovered … Read More

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ULI Washington Member Survey Results

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Last month, ULI Washington distributed a survey to its 2,100 members.  Over 260 responses were received.  The responses provided excellent input for understanding the experience of the members.  Thirty two percent of the respondents were women and 48 percent were under 35 years old.   A thorough analysis of the survey will be shared with members next month; below are selected results from the survey:   When asked how satisfied they are with the benefits received through their ULI membership, 36% said they were highly satisfied and 60% expressed satisfaction. … Read More

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Repositioning and Placemaking – DC’s Suburban Office Renaissance Event Recap

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No longer a question, the suburban office renaissance is happening. The DC metro area’s suburban office market’s pulse beats stronger than ever with recent big leases signed by marquee tenants in Montgomery County and Northern Virginia. New trophy mixed-use projects are attracting interest from across the region, while older properties are being thoughtfully repositioned to attract tenants. On February 28, 2017, the ULI Washington Young Leaders Group’s Education Committee hosted a vibrant discussion on the region’s suburban office market, moderated by Newmark Grubb Frank Knight’s managing director Sandy Paul. Sandy … Read More

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Innovation Update: Recity

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Description: Recity has developed the first-of-its-kind real estate software that tracks urban development, with on-demand insights and visualizations.   The platform includes forward-looking information that enables real estate professionals and their clients to discover new business opportunities and accelerate deals. Historically, development data has been very difficult to find and tracked manually by individuals or business groups within an organization. With Recity’s web and mobile applications, real estate professionals can access on-demand information about any type of commercial or large residential development in the pipeline to make smarter, faster decisions. To … Read More

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Redevelopment of St. Elizabeths East Campus Creates Opportunities for Economic Mobility in D.C.’s Ward 8, According to Rose Center Panel

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The District of Columbia has a unique opportunity to improve access to economic mobility in the Congress Heights neighborhood from the long-planned redevelopment of the St. Elizabeths East Campus, according to an inter-disciplinary panel of experts visiting Washington, D.C. from February 28-March 3 assembled by the Rose Center for Public Leadership—a joint program of ULI and the National League of Cities (NLC). Washington, D.C. is one of four cities—along with Anchorage, Alaska; Grand Rapids, Michigan; and San José, California – in the 2017 Daniel Rose Fellowship. Now in its eighth … Read More

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Real Estate Trends Conference Awards Program Announces The Finalists

ULI Washington today announced the finalists for its annual Real Estate Trends Conference Awards Program, a conference component that highlights innovative development under way in the Metropolitan Washington Region. The six distinctive award categories recognize innovative projects, policies, and initiatives that contribute to the enhancement of vibrant neighborhoods, exemplify creative problem solving, and celebrate visionary thinking. The finalists, in alphabetical order, are: The Bonifant | Silver Spring, MD The John & Jill Ker Conway Residence | Washington, DC Dunbar Senior High School | Washington, DC Engine Company 13 and Hyatt Place … Read More

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Prince George’s County Zoning Ordinance Rewrite Update

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Prince George’s County has been working on a Comprehensive Zoning Ordinance rewrite for several years and the process is entering the home stretch. The current code is significantly outdated and overly complex, making the land-development process expensive, time-consuming, and unpredictable. Additionally, the current code is not reflective of the vision for future growth in the county. By updating the zoning ordinance, the County hopes to create an intuitive and modern set of development regulations for the 21st century that supports the county’s vision for quality growth and economic development, and … Read More

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Peer Exchange Group Program (PEG) Kickoff a Success

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In mid-February, ULI Washington began a new program of Peer Exchange Groups (PEGs) to create opportunities for more meaningful networking among our members. A Peer Exchange Group (PEG) is a unique opportunity to make meaningful connections with real estate professionals like yourself. Each PEG is composed of 8-10 non-competing members who all commit to a shared set of meeting processes and language protocols. The experience provides a safe haven where individuals faced with similar personal and professional challenges gather to share experiences and consult each other in absolute confidence. In … Read More

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