With Wave of Large DC Condo Projects, Developers Hope to Pull Demand from Apartment Buildings
The D.C. condo market has experienced years of undersupply, with developers favoring the booming rental segment. But large projects under development are preparing to deliver a host of new for-sale options for D.C. buyers.
Multifamily Owners Jump in the Short-Term Rental Game
WhyHotel operates temporary hotels within multifamily buildings during a lease-up phase of a new apartment building. Harold Wu's weeklong experience at 225 N Calvert ended up being the ultimate try-before-you-buy.
Monument Realty Plans 310-Unit NoMa Development
Monument Realty is competing with several developers to build on a D.C.-owned NoMa site, but it is already moving forward with a project next door. The developer Friday closed on the purchase of 40 Patterson St. NE, buying it in an all-cash transaction for $12.5M from an affiliate of the Choi Cos.
Monument Buys NoMa Lot as it Vies for the Bigger D.C.-Owned Property Next Door
Monument Realty is making its first push into NoMa, buying a 25,000-square-foot lot on Patterson Street NE while continuing its pursuit of a larger, D.C.-owned parcel next door.
Developer Q&A: Monument Realty Founder Michael Darby
Monument Realty is developing The Shaw, a 69-unit condo project with 7,400 SF of retail at 608 T St. NW. Bisnow caught up with Monument Realty founder Michael Darby to hear how the project is coming along and see what else the developer has in store for the neighborhood.
Monument Realty Aims for Sale of Golf Course Redevelopment
Monument Realty is nearing the pin with its plans to redevelop the former Montgomery Village Golf Club into a new residential community.
Monument Realty to Revamp Golf Course with Nearly 500 Homes
Monument Realty hopes to break ground on Bloom Montgomery Village, a former golf club in Montgomery County, by late 2018.
Monument Realty Debuts Upscale Community Near UMD
Monument Village, a 235-residence luxury community near the University of Maryland, was unveiled in a grand opening ceremony last week.
Monument Realty Reveals New Plans for Shaw Residential Project
Monument Realty’s new plans for its residential project in the red-hot Shaw neighborhood ensure it fits with the area’s history and edgy identity.
225 N. Calvert Conversion Is Monument’s First Project in Baltimore
Monument Realty’s renovations to turn an 18-story office building in downtown Baltimore into modern apartments began, starting with interior demolition.