About BurnBrae

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 55 townhomes.

Led by seasoned real estate investors; Rich Thometz, Philip Margolius, Alan Margolius, and Tommy Mulitz, the group’s primary focus is to seek opportunistic land, residential, and commercial investments in the Mid-Atlantic region. With equity sources valued in excess of $150 million under management, our team takes a long term and value-oriented philosophy to wealth building, delivering strong risk-adjusted returns to our partners.

The BurnBrae Companies has completed or is in development on over 1,500 residential lots and has acquired or developed over $70 million worth of multifamily.


Mission Statement

It is the mission of The BurnBrae Companies to be a market leading investor, developer, and manager of real estate properties and a responsible member of the community. We seek to redevelop or reposition underutilized assets into value-oriented mixed-use and residential communities, with the goal of serving the rapidly evolving core demographics. We are committed to upholding the highest reputation for integrity, transparency, and quality of product with the people we work with, while at the same time providing strong returns to our investors and firm.

Executive Team

The leadership team of The BurnBrae Companies brings over 120 years of combined real estate experience. Our executives have been involved in the management or development of more than 15,000 residential units, 3,000 hotel rooms, and actively oversee $150 million in assets.

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