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15 Things You Need to Know This Morning

15 Things You Need to Know This Morning

What You Don’t Know About Rich Samit

Hometown: Great Neck, NY.
Title: Founder/CEO, Fraser Forbes.
What company does: Brokerage and consulting firm that’s done over 500 land and property transactions.
Recent projects: Represented seller and buyer (by bringing in other partner homebuilders) for Wincopia Farms, 220 luxury single family and town homes in Howard County.
School: University of Connecticut.
First job: Snow removal and paper route, age 13.
Biggest challenge: Surviving 5-year housing depression of 2007.
Biggest accomplishment: Selling over $ 4B in land.
Favorite music group: Grateful Dead.
Favorite book: Unbroken by Laura Hillenbrand.
Favorite movie: Forrest Gump. "I love the box of chocolates line--you never know what you're going to get. I think the moral is, be thankful, and deal with whatever life throws your way with effort, dignity, and grace."
Favorite vacation: Turks and Caicos.
Favorite restaurant: Rasika, Washington, DC.
Family facts: Married to Jamie; four kids (Claudia 13, Josh 11, Matt 10 and Gabriella 7); and Sunny (2-year-old Golden Doodle).
Hobbies: Family, tennis, golf, skiing, travel, and fine dining.
Startling fact: 6-time tennis men’s singles champ at Bethesda Country Club.


The Swift Apartment Complex Near Petworth Metro Sells for $75M
JBG Sells 1201 K St NW for $69M
South Korean Firm Rumored to Buy 1801 K Street
NGKF Completes 606,575 SF DoD Lease Renewal at Hoffman Tower II
PREMIUM EVENT: DC Private Equity Real Estate Summit (July 29th)
Proposed GSA Construction Budget Shrinks in 2015
GSA Pledges to Reduce Backlog, Get Out in Front of Leases
Sudley Manor House in Manassas Sells for $14.1M
20-Unit Building in Adams Morgan Seeks BZA Approval
Bisnow's Northern Virginia State of the Market (July 23rd)
Board Could Lift Ban on Signs for Rosslyn Developments
Grand Opening for LCOR's Aurora in White Flint/North Bethesda
Bike, Transit Advocate to be Montgomery Co's New Planning Board Chair
Vornado's Plan to Green Massive PenPlace
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