BurnBrae targets opportunistic land for development, value-add multifamily, and underutilized commercial real estate investments located in the Mid-Atlantic Region. We tend to focus on investments that meet the following criteria:
Target Size: Up to $20 million
Product type: Land, Value-Add Multifamily, and Commercial Redevelopment Opportunities
We specialize in developing residential centric mixed-use communities. Our passion is to create housing that serves the rapidly evolving core demographic. With thousands of developed residential units under our belt, our team understands what it takes to get from concept to completion.
We pride ourselves on being able to anticipate different market scenarios and know how to manage investments through times of economic uncertainty. We manage risk by focusing our efforts on value-add investments with strong market fundamentals, use experienced managers, and leverage our relationships to secure attractive fixed-rate financing.
The BurnBrae Companies (“BurnBrae”) is a real estate investment, development, and management company headquartered in the nation’s capital, Washington, D.C. The company was founded in 2009 after the very successful redevelopment of an abandoned dinner theater, formerly known as the Burn Brae Dinner Theatre, into a vibrant townhome community.
Led by seasoned real estate developers; Rich Thometz, Philip Margolius, Alan Margolius, and Tommy Mulitz, the group’s primary focus is to seek opportunistic land, residential, and retail investments in the Mid-Atlantic region. With equity sources valued in excess of $150 million under management and thousands of residential units under our belt, our team takes a long-term and value-oriented philosophy to wealth building, delivering strong risk-adjusted returns to our partners.