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15 Things You Need to Know This Morning

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15 Things You Need to Know This Morning

What You Didn’t Know About Pete McLaughlin

Title: Development director, ProMark Real Estate. 
Photo: Last fall at sister-in-law’s wedding.
Company: Owns and manages 1M SF of multifamily, office, medical office, retail, hotel and health club space; under construction on 102-condo in Silver Spring and entitlements for over 600 apartments plus retail in Pike District.
Job: Manages redevelopment and new development projects and overall portfolio strategy. 
Memorable project: Six months into career, worked on planning of a new city on 300k contiguous acres outside of Orlando. In typical Florida development fashion, project is still in entitlements.
Current project: The Octave 1320 – conversion of ’60s office building into 102 condos two blocks from Silver Spring metro. Sales have started and completion is expected for October. 
CRE career: Started as an analyst at RCLCo and moved to development services group.
Grew up: Maplewood, NJ.
Current home: Bethesda.
Why DC: First career was a college basketball coach at American under same coach had as an undergrad at UVA.
Schools: UVA and American (MBA).
First job: Flipping burgers poolside at NJ country club. 
Job in another life: Pro basketball player.
Daily habit: Apple with almond butter before bed.
Favorite app: Kindle.
Favorite movie: Wedding Crashers.
Favorite restaurant: All Set.
Favorite music: Dave Matthews, White Stripes and Allman Brothers.
Favorite vacation spot: Cape Cod.
Guilt pleasure: Chocolate-frosted cakes from Dunkin’ Donuts.
Bucket list: Sailing trip to Florida or Caribbean. 
Family: Married 10 years; two kids (ages 4 and 7).
Hobbies: Basketball, CrossFit and reading.
Startling fact: Before American, coached for two years at a prep school and turned out 16 Division I players, including one national collegiate player of the year (David West) and an ACC player of the year (Josh Howard) – both turned into NBA All-Stars.

15 OTHER THINGS YOU NEED TO KNOW THIS MORNING

District Locks Up Stadium Deal with DC United
DC Zoning Commission Submits Plans to Construct New HQ Near Nationals Park
Wegmans Coming to Tysons as Part of Capital One HQ
Jair Lynch Unloads Large DC Office Building on H St, NE
The NYU School of Professional Studies Schack Institute of Real Estate ­– M.S. in Real Estate. Learn from industry veterans, in the heart of NYC.
The 1,500 Units Coming to the U Street Corridor
Permit Arrives for 227-Room Hotel on 2300 Block of Champlain St, NW
Whole Foods Emerges as Symbol of Progress in Pr George’s Co
Dupont Circle Church Redevelopment Moves Toward Final Approval
Announcing Ascent 2015: The curated forum for CRE's top owners/developers under 40(ish
LA Fitness to Close at Pentagon Row
Arlington Co Civic Federation Backs Affordable Housing Plan
REIT Easterly Builds on Government’s Preference for Leasing
GSA Nominee Roth on Open Office Space, Morale and Her 3 Highest Priorities
Assisted Living Community Planned for Potomac Tennis Club Site
Related Topics: Morning Brief (DC)