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MILLENNIUM RIDES MULTIFAMILY WAVE

WASHINGTON DC 07.20.2017

METRO DC RETAIL

Creating a Successful Mixeduse Project Through Curated Retail & Restaurant

Wilbur "Tom" Simmons -- Kimco Realty
Richard Lake -- Roadside Development
David Ward -- H&R Retail
MILLENNIUM RIDES MULTIFAMILY WAVE
Millennium Partners' co-founder Tony Pangaro
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Millennium Partners' co-founder Tony Pangaro, who recently broke ground on the $200M Hayward Place, is one of several developers diving into the hot multifamily market. Rents are rising, construction costs have moderated, many favor renting over owning, and financing is available. His project, which he estimates he can develop for $500/SF, was one of the largest US multifamily developments to break ground this year in terms of investment size.