We have developed a number of office and retail properties in the United States,
many of them historic and important buildings in donwtown Washington, DC.
many of them historic and important buildings in donwtown Washington, DC.
Acquisition Cost:
$7.15 MM
$7.15 MM
$1.0MM Investment
Valuation:
$14.1 MM
($5.45 MM
profit; 111%
unlevered IRR)
$14.1 MM
($5.45 MM
profit; 111%
unlevered IRR)
Acquired old legal office building and executed complete gut renovation and repositioning
‘As new’ property ultimately sold to Government of Qatar as Embassy in Washington
Acquisition Cost:
$738.000 MM
$738.000 MM
$695.000 Investment
+ Carry
Valuation:
$2.25MM
($480,000
profit;40% IRR
using 45%
LTC debt)
$2.25MM
($480,000
profit;40% IRR
using 45%
LTC debt)
Acquired dilapidated office building and
executed complete gut renovation and
repositioning
executed complete gut renovation and
repositioning
Beautiful historic property ultimately sold
to Government of Montenegro as Embassy
in Washington
to Government of Montenegro as Embassy
in Washington
Complete development of historic Italian embassy in Washington
New Development on site of
former gas station in Washington
former gas station in Washington
Development of new office building in historic Washington area
Redevelopment and repositioning of shopping center in Arizona
