Category Archives: Real Estate
Real Estate Seminar Invite
Breaking News: Amazon Bookstore Coming to Bethesda
Looks like a few folks (including our friends at Bethesda Magazine) have heard that Amazon will be opening a bookstore in the Urban Country space.
Wonderful news although I wish they had take the Barnes and Nobles space!!!
Beyond Bethesda: National Park Seminary Transforming a Sorority House to a Colonial
Hi friends,
As you know it is rare that I post about “things” outside of Bethesda but once in a while I can’t resist 🙂
In this case I wanted to let you know about an amazing and unique property that my colleague Gus, at Keller Williams Capital Properties, is going to be listing in a couple of weeks.
“National Park Seminary was a resort hotel from 1887 to 1893, a school for young women from 1894 to 1942, and a U.S. Army medical facility from 1942 to 2004.”
Gus’s client has been working with his team to renovate, historically, one of the original sorority houses from the school phase of NPS and it is almost ready to put it on the market as an incredible single family home.
I have taken a few pictures of the property just to give you a flavor of the work so far (and the immediate area) and will also make sure that I post a short note to let you know when it is being held open for the public to take a look.
Let me know what you think of the property and of course you are welcome to come to the open!
Reflections on Capital of the Future/ Where We’ll Live Cont.
Reflections on Capital of the Future Cont.
The Washingtonian Special titled “Capital of the Future” included a fascinating piece titled “Where We’ll Live” based on projections for 2030 based on data from Maryland Department of Planning, Uni of Virginia Cooper Center, Metropolitan Washington Council of Governments and the Urban Institute.
First in a series: Reflections on “Capital of the Future.”
Bethesda Real Estate Investing Meetups
Hi friends,
I have been asked by a few people to start a Bethesda Real Estate Investing meetup that is grounded in easy to understand systems and models. This is something I am happy to do but just wanted to get a sense from folks what other specific things are missing from existing seminar/ meet ups etc.
So! Please give me a call at (240)486-3921 or drop me an email to raj@rajabout.com with your thoughts.
1. Do you have strong feelings about format, timing, content, size etc. Now is the time to make your voice heard.
I want to make sure that this meetup/ seminar series is incredibly useful to attendees and that we can work together to build strong investment portfolios.
Cheers,
Raj
Washington Post Covers Element 28
I noticed that the Washington Post recently covered the new Bethesda apt building “Element 28” and touched on the broader growth of high-rises in a piece titled: “High-end, transit-oriented apartments rise in Bethesda.”Ă‚Â
It got me thinking about the future a little bit….and I wanted to share this thought with you:
I hope that the spike in apartment buildings and new residents leads to a renewal of community in Bethesda. The risk is that things go the other way and we become more siloed but I believe that with some effort, imagination and constructive engagement with local gov., we can build a Bethesda that captures the best of years past with new energy and dynamism for the future.
Grosvenor Metro Development (North Bethesda)
Hi friends,
I wanted to take a minute and forward this notice to you:
Planning Board to Hear Testimony on June 29
Make Your Voice Heard, In Person or In Writing
On June 29, the county Planning Board will hear public testimony on staff’s draft plan for the remaining undeveloped land at the Grosvenor-Strathmore station. A copy of the draft plan is at the Parkside management office, which you are welcome to consult in the office. To consult an online copy, go to http://montgomeryplanning.org/
The agenda for the 29th will be posted two weeks beforehand (go to http://
The most critical issue to be decided is DENSITY, which will affect both the number of dwelling units to be built and the building heights.
NUMBER OF DWELLING UNITS: Staff is recommending a FAR (floor area ratio) of 2.5, or approximately 1,145 dwelling units. The developer is pushing for a FAR of 3.5 (1,650 dwelling units) or a FAR of 3.0 (1,400 dwelling units).
Bethesda Downtown Sector Plan Dissenter Speaks
Marc Elrich, the one Montgomery County Council member to vote against the Bethesda Downtown Sector plan explains his vote here.