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Holiday Spirit!
December 20, 2013
Manhattan (Sports)

Holiday Spirit!

Last night, the L2 Lounge in Cady's Alley was full of tidings and joy for Monument Realty and Eastbanc's annual holiday bash.

Two of the region's research oracles, Delta Associates' Greg Leisch and George Mason's Steve Fuller, take a break from their databanks and flank First Potomac CEO Doug Donatelli (who isn't a researcher, per se, but always inspires us to look stuff up, like the spelling of his name).
Wingate (LittleGuys) MDCR

Crystal City BID chief Angie Fox (with Monument's Russell Hines and her husband Mitch Bonnano of Vornado/Charles E. Smith) tells us she's gearing up for Crystal Couture, a February event that combines runway shows with shopping, a bar/lounge, and makeovers on the 11th floor of Vornado's 251 18th St S.
CohnReznick (Think2) MDCR

CBRE nonprofit and association whiz Manny Fitzgerald with retail guru Bill Miller of Miller Walker Retail Real Estate.
Lerner (ClassA2) JDCRE

Asmar, Schor & McKenna's Charles Asmar, Holland & Knight's David Silver, Monument's Doug Olson; and seated, Davis Construction's Dennis Cotter and Hickok Cole's Yolanda Cole and Michael Hickok.

Real Estate Gives Back

It's been another overwhelmingly charitable holiday season for the DC commercial real estate industry—and it's not even over yet. Here's a look at how some of you are giving back this year. Here's the CoStar crew with donations for the DC Salvation Army Angel Tree program. Through the research giant's CoStar Builds community outreach program, 125 "angels" were adopted as part of Angel Tree, and a big donation drive ensued, as you can see above. Snapped here: Janine Sivola, Meghan Reames, Denise Harris, Gregory Horne and Stephanie Gallagher Pechner.

Some of Studley's pros (like John Gasque, above) have been working with Tutormate, a program that connects tutors with DC elementary schools via the Internet. Studley, which began working with the program in November, has 23 employees meeting weekly to read and perform word exercises with students.

Last week, SK&I Architecture provided craft projects and painted faces at THEARC Boys & Girls Club in Ward 8. The firm's Penny Glover (shown here helping the students with some handy work) tells us one student even requested to have the Metro map painted on his face. One architect did her best to recreate from memory, but the student returned later to say she had forgotten the Green Line. "Thank goodness architects are used to making revisions," Penny tells us. (She didn't forget—it was just delayed in arriving.)

Like CoStar, the gang from FD Stonewater also got involved in the Salvation Army's Angel Tree Program. A big group went to the Salvation Army warehouse last Friday to help sort and prepare gifts for the program.

The J Street Cos got involved with the Elf Store program of Jubilee Housing, a nonprofit providing affordable housing and services to residents in Adams Morgan. J Street donated an assortment of toys and mittens to the program, where kids can "shop" for their parents and siblings. Here's J Street's Louise Holland just about to deliver the items to the Elf Store.

A Bisnow Education Video!

We're often asked after our events, what's a cap rate, a 1031 exchange, a REIT, mezz debt, NOI, CMBS, loan-to-value, "core," etc. Well, we're the wrong people to ask, because we don't know either. BUT, we know someone who does! So we made a video. It's 90 minutes, broken into 19 different 5-minute segments on these different issues. Never be intimidated again! And dazzle the world with your use of highfalutin' acronyms. See the trailer and purchase info below.

Peter Linneman is really smart. He started the Wharton School's Real Estate Department, and he's been Chairman of Rockefeller Center Properties, and on the Executive Committee of Equity Office Properties. He's widely considered the top real estate professor in the United States. So try out the trailer above. And if you like it, for $59 you can stream it as much as you like. And you, too, can get really smart. More info and purchase.

Enjoy the high temps and sunshine this weekend, folks. Email chris.baird@bisnow.com

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