The Beatles and Cap Rates

Who knew that so many of you were old enough to remember The Beatles?

Last night at Uline Arena, 4,000 came to celebrate 50 years ago to the moment when the Fab Four did their first North American concert, and about 4,000 of them appeared to be commercial real estate folks.

At a pre-event reception benefiting the DC Preservation League, here's Douglas Development's Douglas Jemal and son Norman, flanking Capital Adventure's Ellie McMullen and starchitect Shalom Baranes.

Kane Construction CEO Dennis Kane joined here by Denise Murphy and her husband Eagle Bank retail banking prez Tom Murphy as well as Eagle Bank CEO Ron Paul. Old prints of the Beatles themselves surround the group on the walls.

Perseus Realty prez Bob Cohen and wife Rose Cohen of JP Morgan, Boston Properties’ Ray Ritchey, and Kane Cos CEO John Kane.

Braving the cold (but not seeming to mind that much): Vornado's Bruce Pascal with wife Amy.

Douglas Development

Back to Uline for a sec; Douglas Development has rebranded the site "The Coliseum," and will soon transform the almost 75-year-old property and surrounding site in to a mixed-use development. Over 150k SF of office and over 50k SF of retail are slated for the project—Douglas began renovations last summer.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Washington, D.C. Newsletters
Related Stories

From Precast To Conservation: Addressing Today's Stormwater Challenges

Developer Inks Deal To Move HQ To Lerner's Tysons Tower

Ireland's AI Funding Boom Helps Drive Down Dublin Office Vacancy Rates

How AI Is Reshaping Brokerage Operations And Investor Portfolios

Industrious Takes Top Floors In Downtown Lease: The D.C. Deal Sheet

Distress Divide: How Private vs. Institutional Investors Are Thinking About D.C. Office

Rates, Rents And AI Risks: Peter Linneman's Warning For CRE

Lawmakers Punt On Stripping Approvals From 15 Projects In Data Center Alley

Delaware Statutory Trust Fundraising Jumps 27% From 2025

Affinius Relinquishes Big Office Building Next To Capital One Arena

CRE Finance Sentiment Index Falls To 3-Year Low As Economic Fears Mount

RN3 Enters Dutch Logistics Market With DHL Sale-Leaseback Deal