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80 M STREET | D.C.’s First Mass Timber Project

80 M STREET | D.C.’s First Mass Timber Project

80 M Street is the first-ever mass timber office project in Washington, D.C. Resting atop an existing seven-story commercial building, the 107,000 SF mass timber vertical extension added two office floors and a third penthouse level with additional offices and amenities, shared and private outdoor terraces and a communal lounge and rooftop terrace. 80 M Street’s biophilic design provides generous ceiling heights, with the new floors offering 15’ slab-to-slab heights and improved depth of light penetration by almost 200%. 80 M Street’s recent renovations include an inspiring ground floor enhancement project featuring a state-of-the-art conference center, fitness center, and a hospitality-inspired lobby. Most recently, the building delivered strikingly designed spec suites on the 4th floor to include a wellness room, conferencing and call rooms. The award-winning office building sits in the heart of D.C.’s vibrant Capitol Riverfront neighborhood and is a block from the Navy Yard-Ballpark metro station, adjacent to a Capital Bikeshare station, and is I-695 accessible.

Presented By

Speakers and Panels

Designing, Building and Preserving Conversion Projects: Maximizing Value and Efficiency

Toby Millman

Toby Millman

Regional Partner

Transwestern Development Company

Brian Cotter

Brian Cotter

EVP, Commercial Leasing

JBG SMITH

Kofi Meroe

Kofi Meroe

Director, Development

Foulger Pratt

Robert Pizzano Jr.

Robert Pizzano Jr.

President

Pizzano Contractors

Sean Stadler

Sean Stadler

Design Principal and Managing Principal

WDG Architecture

Christine Shiker
Moderator

Christine Shiker

Partner

Holland & Knight

Toby Millman

Regional Partner

Transwestern Development Company

Toby Millman is the Regional Partner for Transwestern Development Company in the Mid-Atlantic, where he is responsible for overseeing and directing the company’s development pipeline in the region. Over his nearly 30-year career, Toby has been involved with the development of over 15 million square feet of residential, office, and retail space. Prior to joining Transwestern, Toby was Senior Vice President for Brookfield Properties where he oversaw the development pipeline in the Mid-Atlantic and Southeast regions. Prior to Brookfield, he was Senior Vice President at Vornado Realty Trust, creating and leading the multifamily development group for Vornado’s Washington division. Earlier in his career, Toby also owned and operated Agora Development, a development and homebuilding company and worked for Washington-area developers EYA and Abdo Development. Toby earned an undergraduate degree from Cornell University and a master’s degree in city and regional planning from the University of North Carolina, Chapel Hill.

Mr. Millman holds an undergraduate degree from Cornell University and a Master’s Degree in City Planning from the University of North Carolina at Chapel Hill.

Brian Cotter

EVP, Commercial Leasing

JBG SMITH

Brian A. Cotter is an Executive Vice President of Commercial Leasing with JBG SMITH, where he

is responsible for the firm’s commercial leasing efforts. Mr. Cotter oversees a portfolio of

properties totaling more than 8 million square feet, along with future development projects in

National Landing, Reston, and the Rosslyn-Ballston Corridor. He also plays a leading role in the

creation and implementation of JBG SMITH’s marketing efforts throughout the DC region.

Prior to joining JBG SMITH, Mr. Cotter spent the previous ten years at Tishman Speyer, where he

focused on office leasing throughout Northern Virginia, Maryland and Washington, DC. During

his tenure at Tishman Speyer, he participated in the completion of more than three million square

feet of transactions. Prior to Tishman Speyer, Brian worked for CBRE in Tysons Corner where he

focused on office research in Northern Virginia. He is an active member of NAIOP Northern

Virginia, a board member of CoreNet Global, and is the immediate past president and current

board member of the Commercial Real Estate Broker Association of Greater Washington, DC.

Kofi Meroe

Director, Development

Foulger Pratt

Kofi Meroe has over 14 years of commercial real estate development experience, including almost eight years with Foulger Pratt, where he currently serves as Direct of Development. He has been involved with the development of assets valued over $700 million and has entitled over 2.4 million square feet of combined commercial and residential real estate, directing all aspects of the development life cycle for a variety of transactions and product types. In his position as Director, Kofi works closely with the senior leadership team to manage all phases of the development process including obtaining local approvals and managing the design, financing, construction, and lease-up phases through stabilization.

Prior to joining Foulger Pratt, Kofi specialized in the development of affordable housing, utilizing Low Income Housing Tax Credit financing, and partnerships with government agencies to create and preserve quality affordable housing communities. Kofi serves as a board member for Indelible Housing a non-profit focused on affordable housing preservation, and the Pike District Partnership, a community organization with a mission to lay the foundation for a Business Improvement District in North Bethesda.

Kofi was born in the United States but raised mostly in West Africa. He is a graduate of the University of Massachusetts Amherst – Isenberg School of Management and has been an active resident of the District of Columbia since 2011.

Robert Pizzano Jr.

President

Pizzano Contractors

Bob Pizzano Jr. began his career at Pizzano Contractors, working in the field through high school and has been with the company full-time since graduating from the University of South Florida in 1985. When Bob took full ownership of Pizzano Contractors in 2015, he set in motion a period of significant growth, expanding the company’s volume and taking on increasingly complex and large-scale projects.

Under Bob's leadership, Pizzano Contractors has modernized its operations and broadened its market presence, tackling projects that range from small service jobs to expansive 350,000-square-foot build-outs. His expertise spans all market sectors, and he is particularly recognized for his strategic problem-solving and his ability to deliver optimal solutions for clients, partners, and stakeholders alike.

Bob's forward-thinking approach emphasizes sustainable building practices, innovation, and maintaining the company’s legacy of building strong, long-term client relationships. This focus has driven the company's ongoing success and its reputation as a leader in the construction industry.

In addition to his professional accomplishments, Bob is an active community leader. In 1998, he and his wife, Paola, founded the Joey Pizzano Memorial Fund, supporting programs for individuals with disabilities. His philanthropic efforts have earned him numerous accolades, including being named Lord Fairfax At-Large in 2022 and receiving the inaugural Eakin Philanthropy Award in 2009.

Sean Stadler

Design Principal and Managing Principal

WDG Architecture

Sean Stadler, FAIA, LEED AP is a Design Principal and Managing Principal of WDG where he focuses on elevating the firm’s stature in design, with particular emphasis on enhancing the civic realm. He is directly responsible for leading the planning, re-zoning and design of complex, high-profile urban projects, bolstering WDG’s reputation for sustainable and distinctive, mid- and high-rise structures with contemporary urban sensitivity. Mr. Stadler’s diverse experience includes commercial, residential, hospitality, educational, and sporting facilities. He is a member of the AIA College of Fellows, and he has been honored with an AIA President’s Award for his service to the profession and was recognized as one of the “rising stars of the AEC industry” by Building Design + Construction Magazine in 2009. He is a recipient of the 2011 AIA Young Architects award where the jury noted that “he is a unique individual of outstanding talent and clear commitment.”

Christine Shiker

Moderator

Holland & Knight

Christine Moseley Shiker is the practice group leader of Holland & Knight's Washington, D.C., and Northern Virginia Land Use & Zoning Group. She also serves as co-chair of the firm's Embassies and Sovereign Governments Practice. Christine represents clients on a variety of land use and zoning matters in the District of Columbia, including proceedings before the Zoning Commission, the Board of Zoning Adjustment, the Public Space Committee, and the D.C. Council.

Christine provides guidance and strategy from the beginning of a project in due diligence, through any discretionary entitlement requirements, to delivery and occupancy of a completed project. She handles large, mixed-use, and multi-phased projects throughout the downtown core of the District of Columbia as well as in emerging neighborhoods.

Her experience includes processing planned unit developments and design review cases, securing map and text amendments before the D.C. Zoning Commission, obtaining variance and special exception relief for property owners before the D.C. Board of Zoning Adjustment, navigating projects through design review before the U.S. Commission of Fine Arts and the D.C. Historic Preservation Review Board, pursuing legislative changes and approvals before the D.C. Council, and preparing analyses and opinions on zoning and building code issues. Christine is also experienced in securing public space approvals before the D.C. Public Space Committee and works closely with her clients to interface with the Department of Consumer and Regulatory Affairs for permitting and occupying development projects.

In addition, Christine leads Holland & Knight's foreign missions land use team and has represented a variety of international organizations with zoning entitlement and public space issues. The firm's foreign missions land use team has represented more than 60 foreign governments in zoning, real estate, and related issues in Washington, D.C.

Christine serves as chair of Holland & Knight's Women's Initiative in the Washington, D.C., office.

Capitalizing on the Region’s Office Repositioning Trends

Oliver Carr, III

Oliver Carr, III

CEO

Carr Properties

Rob Seldin

Rob Seldin

Managing Principal

Madison Highland Live Work Lofts

Katherine Hartley

Katherine Hartley

Managing Director, Development

National Real Estate Development

Mychael Cohn

Mychael Cohn

Managing Partner

Cohn Property Group

Beth Winters

Beth Winters

VP

The Whiting-Turner Contracting Company

Zachary Williams
Moderator

Zachary Williams

Partner

Venable LLP

Oliver Carr, III

CEO

Carr Properties

Mr. Oliver T. Carr, III has been the President and Chief Executive Officer at Carr Properties Holdings LP since 2004. Mr. Carr co-founded Carr Capital Corporation in 1994 and served as its President and Chief Executive Officer until 2005. He was responsible for managing Carr Capital, and led managing major acquisitions and financial transactions at the firm. Mr. Carr served as a Director of WashingtonFirst Bankshares, Inc. and its subsidiary WashingtonFirst Bank from December 2012 to May 17, 2013. He served as an Independent Director of Alliance Bankshares Corporation since July 2007. Mr. Carr served as a Director of Alliance Bank Corporation since August 15, 2007 and Alliance Bankshares Corporation since July 2007. He received Master of Science in Real Estate Development from the Massachusetts Institute of Technology in 1992 and his Bachelor of Arts in Urban Studies, with a concentration in Economics, from Trinity College in 1987.

Rob Seldin

Managing Principal

Madison Highland Live Work Lofts

Robert Seldin is the Managing Principal of Madison Highland Live Work Lofts and is responsible

for leading all company development activity. With 25 years of award-winning apartment

development, design, strategy and innovation leadership, Rob is widely recognized as an

industry thought leader. With a 100% entitlement success rate on over 13,000 units in high

barrier to entry US markets, Rob consistently generates market leading returns at below market

cost bases, providing a permanent competitive advantage to his investors. In addition to

conventional apartment assets, Rob is also the US Patent Inventor for the proprietary live/work

building conversion and construction method and apartment operating system that has become

the basis for this industry re-defining asset type. Prior to managing Madison Highland LW Lofts,

Rob was the Founder and CEO of Highland Square Holdings, as well as the Founder and CEO

of Novus Residences, LLC; both of which were award winning, DMV based, apartment and

Live/Work development and operating companies and Head of National Product Design and

Senior Vice President of Mid-Atlantic and Southeast Development for Archstone, a premier

apartment industry REIT.

Katherine Hartley

Managing Director, Development

National Real Estate Development

Ms. Hartley assumes day-to-day responsibilities for a comprehensive range of complex development activities specific to one or more projects, to expedite and ensure project completion according to specifications. Katie currently oversees many facets of a transformative 6-acre, multi-phase development in Washington, D.C., The Stacks, including the recapitalization, retail development, coordination of stakeholders, and key project decisions.

Katie recently worked in consultation with the parent company’s CEO and other staff to establish and execute the development plan for a comprehensive historic renovation of the Stephen Girard Building in Center City Philadelphia from an office building to a boutique hotel, including a historic tax credit financing capital structure. Previous projects also include the repositioning, releasing and refinancing of The Bloc, a 4-acre mixed-use project in Downtown Los Angeles, CA. Upon completion of the renovation, the revitalized retail center was filled with a robust line-up of tenants and the hotel was recognized as the Sheraton Grand Los Angeles, a higher echelon within the Sheraton brand. With a strong understanding of the entitlement, design, financing, leasing and construction processes, Ms. Hartley manages development staff and works closely with design, construction and development professionals to carry out project objectives. Throughout her tenure at National, Katie has remained dedicated to working toward adding value to owners, development partners, and project stakeholders.

Katie joined the parent company in 2011, working as a Real Estate Analyst providing market research and investment underwriting support. In 2013, when National Development was formed, Katie transferred to work as a Development Associate and has since been promoted to Development Manager and now Development Director. Previously, she worked in Virginia at Fairfax County’s Department of Planning and Zoning, held internships with KishimotoGordonDalaya Architecture and Devereaux and Associates, and was an Environmental Litigation Support Intern with the Beacon Group, LLC.

Ms. Hartley earned a Bachelor of Science in Urban & Environmental Planning and a Bachelor of Arts in Economics from the University of Virginia.

Mychael Cohn

Managing Partner

Cohn Property Group

Mychael D. Cohn is a seasoned real estate professional with over 22 years of industry experience, rooted in a family legacy from Washington, D.C. He has been involved in transactions exceeding $1+ billion throughout his career. As a relationship-driven broker and deal enthusiast, Mychael founded CPG as the brokerage arm of Cohn Property Group and serves as the Principal Broker across Virginia, Maryland, and Washington, D.C.

Mychael’s real estate journey began in 2003, where he focused on land brokerage for residential and mixed-use projects in the suburban and urban markets. He collaborated closely with key figures in the building and development sectors and landowners. In 2009, he expanded his expertise at Sandmar Properties, a mid-sized asset management firm, where he played a pivotal role in growing their portfolio, which included grocery-anchored shopping centers, strip retail centers, mixed-use developments, and assisted living facilities. During his tenure at Sandmar, Mychael also established a brokerage arm, serving as its Principal Broker in his key markets.

Mychael holds a Bachelor of Science in Business Administration with a concentration in Finance from the University of Richmond, where he was a member of the Division 1 Golf Team. He continues to support his alma mater as an Assistant Coach for the Landon School’s varsity golf team. Outside of work, Mychael is married, has three children, and shares his home with a dog named Champ.

Beth Winters

VP

The Whiting-Turner Contracting Company

Beth Winters is a Vice President with over 24 years in construction, all with Whiting-Turner. She attended Towson University and received her Bachelor's Degree in Communications. She has extensive experience in mixed-use, residential, and hospitality projects. Throughout her time at Whiting-Turner, Beth has become a strong leader, successfully delivering several mega projects from preconstruction through construction. Beth has been involved in Bisnow, Women in Construction, WBC, NAIOP and many other external organizations for many years. She enjoys sharing her expertise and learning from others in the industry. Outside of work, Beth spends time with her family and labradoodle, and loves the outdoors and hiking.

Zachary Williams

Moderator

Venable LLP

Zachary Williams is a land use and zoning Partner at Venable LLP. Zach represents developers, property owners, and national commercial and retail tenants with land use and zoning entitlements in the District of Columbia and Northern Virginia. Zach’s work includes urban redevelopment, transit-oriented, and infill projects, as well as revitalization of commercial corridors in the DC metropolitan area.

Zach works on all types of development projects including multifamily and mixed-use development projects, affordable housing projects, residential condominium projects, university campus uses, office-to-residential conversions and adaptive reuse projects, assisted living and other medical care facilities, industrial projects, child-care facilities and schools, and fast casual and other retail projects requiring zoning relief.

In addition to zoning and entitlement work, Zach also works closely with planning staff and local stakeholders as part of major Comprehensive Plan, Small Area Plan, and other Master Plan studies and initiatives in D.C. and Northern Virginia.

Revitalizing Downtown D.C.: The Role of Office Repositioning in Shaping the City's Future

Gary Cohen

Gary Cohen

Chairman

Willco

Desa Sealy

Desa Sealy

Founder

Gotham Urban Ventures

Pam Frentzel-Beyme

Pam Frentzel-Beyme

Director, Real Estate

Office of the Deputy Mayor for Planning and Economic Development

Marc Dubick

Marc Dubick

Principal/President

Duball

Gerren Price

Gerren Price

President and CEO

DowntownDC Business Improvement District

Sean Pichon
Moderator

Sean Pichon

Principal

Michael Graves Architecture

Gary Cohen

Chairman

Willco

Gary oversees Management and Leasing performance of Willco’s portfolio. In addition, Gary is involved in special development projects. Gary brings 22 years of experience in many facets related to real estate development and investment. He has spent the last 15+ years running Willco Residential (www.willcoDC.com) developing more than $50,000,000 of Multi-Family condos and apartments throughout Washington, DC. Prior to Willco Residential, Gary worked at Axent Realty running the property management and leasing departments. Prior to joining Axent Realty, Gary worked for Newmark Companies in New York City as an Assistant Property Manager for over 1,000,000 SF of commercial space throughout the city. Gary has also been involved in charter schools in Washington, DC serving on the board of KIPP DC and Founding Board Chair of Inspired Teaching Public School. Gary received a BS degree from Syracuse University and a MA degree from Pace University.

Desa Sealy

Founder

Gotham Urban Ventures

A real estate veteran with over 25 years of experience, Desa has developed commercial, mixed use and residential projects.

Beginning her career in community development, Desa led the transformation of long- vacant parcels in the riot-scarred 14th Street corridor, laying the foundation for its subsequent rebirth. In the private sector, she addressed similar issues at-scale, developing over $60 Million of affordable housing and mixed-use development. In the Public Sector, Desa served as Project Executive for complex, high profile developments. Currently through Gotham, she works with private, municipal and nonprofit clients to maximize the value and efficacy of their real estate holdings, increasing savings and generating additional revenues.

Desa is a former Obama appointee with the Public Building Service of the US General Services Administration. She holds a B.A. in Urban Studies from Brown University and a M.S. in Real Estate Development from Columbia University. She serves as the Chair of the Board of Trustees of the SEED School of DC and is a founding Director of City First Bank of DC.

Pam Frentzel-Beyme

Director, Real Estate

Office of the Deputy Mayor for Planning and Economic Development

Pam Frentzel-Beyme serves as the Director of Real Estate in the Office of the Deputy Mayor for

Planning and Economic Development in the District of Columbia, where she oversees the

District’s pipeline of development projects and leads DMPED’s planning and policy efforts to

spur investment, development, and economic growth. She has over twenty years of real estate

development experience, having successfully led and managed almost $2 billion in

development projects spanning several sectors, from affordable to luxury housing, office, and

mixed-use projects the US and Canada. Prior to joining the Bowser Administration, Pam was the

Principal and founder of Capitol Realty Partners, providing development management, land

entitlement, strategic planning, and advisory services to developers and investors in various US

and Canadian markets.

Prior to establishing Capitol Realty Partners, Pam served as a Vice President at Monument

Realty, leading a portfolio of DC-area projects from concept development to delivery, and was

responsible for managing the firm's risk management program. Earlier in her career, Pam

served as an Associate in the real estate practice at Whiteford, Taylor & Preston in Baltimore,

where she focused on property acquisitions, dispositions, and affordable housing development.

Pam also served as in-house counsel and Vice President of Development at A&R Development

Corp. She began her career serving several community-focused development organizations,

including the Sacramento Housing & Redevelopment Agency, Enterprise Homes, and Pennrose

Properties.

Pam has a BA in Government from California State University, Sacramento and received her law

degree from the University of Baltimore School of Law.

Marc Dubick

Principal/President

Duball

Marc Dubick, Principal/President, has over 38 years of experience as an institutional real estate investor and developer. Prior to Duball, Mr. Dubick served as Senior Vice President and shareholder of Lowe Enterprises, one of the country's largest real estate pension fund advisors. Following 17 successful years at Lowe, Mr. Dubick formed Duball, LLC in 2004. He has been directly involved in the acquisition, investment, development or redevelopment of over 3.5 million square feet of commercial, retail and residential properties.

Mr. Dubick earned his J.D. from the Washington School of Law at American University, a BA in Economics from the University of Maryland, and graduated from the Gilman School in Baltimore. He has participated in the Urban Land Institute and the International Council of Shopping Centers. Mr. Dubick has been active in the lacrosse community having played at the University of Maryland and been president of Bethesda Youth Lacrosse Club.

Gerren Price

President and CEO

DowntownDC Business Improvement District

Gerren G. Price brings to the DowntownDC BID more than 15 years of experience directing and

supporting large-scale youth, workforce, and education programs and initiatives in the

government and nonprofit sectors. He joined the BID as Director of Public Space Operations in

2018. Previously, he served as Senior Associate for National Community Strategies at the Annie

E. Casey Foundation. Gerren began his career managing a national youth mentoring program

before serving in several capacities in the District of Columbia Government, starting in the

Office of the Chancellor for D.C. Public Schools, then later serving as Director of Programs at the

Department of Parks and Recreation and as a Senior Policy Analyst in the Office of the Deputy

Mayor for Education. At the D.C. Department of Employment Services, he rose to hold the

positions of Associate Director of the DOES Office of Youth Programs and Deputy Director of

Youth Workforce Development, and also served as Deputy Director of Business Engagement

and Intergovernmental Affairs and as the agency’s Interim Director.

Sean Pichon

Moderator

Michael Graves Architecture

Sean is a visionary architect who has enjoyed an over 30-year career designing

mixed-use and residential projects, primarily in Washington, DC. Recognizing in

the early 2000s that the District suffered from a lack of housing that would limit

its potential to be a prosperous, livable city, he and Jeff Goins began a career-

long focus working with the municipal government and private developers on

market-rate, luxury, and affordable housing, including residences within mixed-

use developments. His entrepreneurial spirit, design and communications skills,

and experience with planning and zoning have catalyzed numerous highly

successful projects that continue to invigorate the urban public realm and

provide satisfying returns for all stakeholders.

He is an exceptional designer who combines visionary design with pragmatic

considerations through his technical skills and construction experience. He was a

vital team member for the award-winning Pepco Headquarters in downtown D.C.

He was lead designer of 1827 Wiltberger Street NW, a mixed-use commercial

and residential historic landmark building approved by HPRB and BZA, among

numerous other residential projects requiring BZA approval. He served as an

expert witness for the Ward Four Short Term Housing that was part of the Closing

DC General initiative.

Reimagining D.C.'s Federal Offices: A Housing Solution on the Horizon

Shalom Baranes
Keynote

Shalom Baranes

Founding Principal

Shalom Baranes Associates

Shalom Baranes

Founding Principal

Shalom Baranes Associates

Shalom Baranes is the founding Principal of Shalom Baranes Associates and has provided overall design and strategic leadership across the firm since its inception in 1981. His commitment to fostering urban revitalization has established him as a recognized leader in Washington DC’s rejuvenation. His work includes projects across the spectrum of private, public and institutional clients and has garnered over 200 design awards. Among his completed buildings are U.S. embassies for Turkey, Nigeria and Thailand, the national HQ for the American Red Cross, 101 Constitution Avenue, City Center, City Ridge and a number of multifamily projects accommodating over 10,000 units. He has completed over 12 million sf of federal projects, including the renovation of Main Treasury, GSA’s National HQ, reconstruction of four wedges of the Pentagon after 9/11, DHS HQ, the Cannon Building and the Naval Air Command HQ. His current work includes the 3 million sf Burnham Place project, the new surgical pavilion for Georgetown University Hospital and the Milken Center for Advancing the American Dream. Shalom has served on a number of boards and juries, including chairing DC’s Architectural Review Panel for RLA. He earned both his bachelor’s and master’s degrees at Yale University.

Opening Remarks

Ted Koltis

Ted Koltis

Head of Real Estate

Columbia Property Trust

Eric Morales

Eric Morales

Market President

United Bank

Ted Koltis

Head of Real Estate

Columbia Property Trust

As Head of Real Estate of Columbia Property Trust, Ted Koltis

directs the Company’s property-level strategy, execution and

performance with oversight of Leasing, Property Management

and Marketing for the national portfolio.

Mr. Koltis joined Columbia in 2023. His previous role was at The

Moinian Group, where he served as Executive Vice President,

leading commercial leasing across the firm’s national office and

retail portfolio. Prior to that Mr. Koltis was President of Colliers’

Eastern Region Agency and Consulting Practice, where he

successfully grew the company’s landlord agency practice and

consulting group throughout its major markets in the northeast.

Mr. Koltis has spent nearly three decades in the commercial real

estate industry and brings extensive experience in leasing, asset

management, asset repositioning and property management.

Throughout his career, Mr. Koltis has held executive level

positions and advised on over 30 million square feet of real

estate transactions across major U.S. markets with several top

real estate owners and advisors, including Tishman Speyer,

Paramount Group, Inc., and CBRE.

Mr. Koltis received his undergraduate degree from Cornell

University and an M.B.A. from Columbia University. He is on the

Commercial Board of Directors of the Real Estate Board of New

York (REBNY).

Mr. Koltis resides in Chelsea with his family and has four

children.

Eric Morales

Market President

United Bank

Eric Morales is the Maryland Market President of United Bank, a premier community bank headquartered in Greater Washington, D.C. As Market President, he is responsible for the

management and operation of all nine United Bank offices in the Maryland Market, including maintaining client relationships and new business development. Morales has an extensive background in commercial real estate lending, having financed the acquisition and construction of multiple commercial and residential real estate projects in and around the D.C. metro area.

He is also active in the local community, notably with United’s financial literacy programs, educating local youth through the Bank’s Teach Children to Save initiative, and volunteering with

Junior Achievement Finance Park. He has also served on the board of numerous organizations, most recently with the Catholic Business Network of Montgomery County and the Arlington

Chamber of Commerce. Additionally, Eric was a proud recipient of the Washington Business Journal’s 40 under 40 awards in 2024.

Prior to his time at United Bank, Morales worked as a Financial Manager at TIER REIT, Inc. and a senior associate at EY. Morales holds both a Bachelor of Business Administration and a Master of Accounting degree from the University of North Carolina at Chapel Hill.

What You'll Learn

Despite the D.C. office market showing signs of life with rising leasing volumes and larger tenants reentering the market, the pressure of high vacancy rates remains. With the D.C. vacancy rate reaching 22.7% in Q3, repositioning projects, including office-to-residential conversions, are becoming an increasingly attractive solution for industry leaders and city officials. Join us as we explore the latest trends, developments, creative design approaches, investment strategies and transformative city initiatives. 

  • What current trends are influencing the D.C. office repositioning market, and how are they impacting vacancy rates and property values?

  • How can developers balance creativity and cost-efficiency in designing and constructing adaptive reuse projects in the D.C. area?

  • What financing models are being employed to support investment strategies in office repositioning projects, and how are they evolving in the current market?

  • In what ways does D.C.'s Office-to-Anything program aim to revitalize downtown and stimulate economic growth?

  • What insights can industry leaders share about the long-term viability and preservation of converted buildings, and how do these projects contribute to the community's overall development?

Who Attends: DC's top owners, developers, investors, public officials, architects, GC's and thought leaders working in conversions.

Projects:

JBG Smith To Convert 2 Vacant Arlington Office Buildings To Hotel, Apartments

1625 Massachusetts Avenue – an office-to-residential conversion – and the first to utilize the District’s new HID Tax Abatement program. In spring 2026, the project will deliver 157 new residences to the Dupont Circle Neighborhood.

Carr Properties plans the transformation of a vacant office property, 901 North Pitt Street. Plans include a 250,000-square-foot development with 234 apartments, including affordable housing

Carr Properties proposes new apartments-over-retail proposed to replace an office at 3033 Wilson Blvd. in Clarendon

Willco's Elle project marks the first residential conversion project to be delivered in the District

1133 19th Street NW - Transwestern Development to Buy and Convert D.C. Office Into Apartments

JBG SMITH Enhancing Collaborative Options for National Landing Office Tenants

Momentum Growing For Massive Redevelopment Of Federal Buildings Near National Mall

Carr Properties Lands $84M Loan For Its First Office-To-Residential Conversion

For Questions regarding content, speaker recommendations, or sponsorship activations, please email our Mid-Atlantic Senior Event Producer, at katie.telder@bisnow.com To request disability-related accommodations, please contact chris.wainwright@bisnow.com no later than seven business days prior to the event.

Venue

80 M STREET
80 M Street, SE
Washington, DC 20003

Floor: 9th floor.


$21 per vehicle.

Get Directions

Agenda

Time Activity
1:00 PM
2:00 PM
Registration, Networking and Breakfast
2:00 PM
2:20 PM
Reimagining D.C.'s Federal Offices: A Housing Solution on the Horizon

Baranes will discuss the exciting potential of converting federal office buildings into residential units, providing innovative solutions to D.C.’s housing needs. His insights will explore an alternative visionary approach to redevelopment could address urban challenges, attract private investment and foster a renaissance in one of the city’s most culturally significant areas.

2:20 PM
3:05 PM
Designing, Building and Preserving Conversion Projects: Maximizing Value and Efficiency

Explore the components of design, construction and long-term preservation. Hear insights on how to balance creativity with cost-efficiency while adapting older buildings for modern uses.

3:05 PM
3:20 PM
Networking Break
3:20 PM
4:05 PM
Capitalizing on the DMV’s Office Repositioning Trends

Insights into the financing models and market dynamics influencing investment strategies in the region

4:05 PM
4:50 PM
Revitalizing Downtown D.C.: The Role of Office Repositioning in Shaping the City's Future

Explore the latest projects that are transforming the downtown area, repurposing underutilized spaces and driving economic recovery

4:50 PM
5:30 PM
Closing Networking

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