Bethesda Developer Looking to Buy $1B in Properties
BETHESDA, MD—Locally-based developer StonebridgeCarras has set a goal of acquiring $1 billion in properties over the next five years. To accomplish its mission, the firm has hired real estate veteran Andrew Eshelman to search out new deals.
NEW YORK CITY—Formerly an SVP at the firm, the appointee boasts nearly 30 years of experience in the shopping center industry.
STAMFORD, CT—The founder of Land and Buildings, which owns 6.1% of the hotel REIT’s stock, voiced his concerns in a letter made public on Monday.
NEW YORK CITY—Arie Barendrecht, founder of the company behind a certification system for commercial buildings’ Internet connectivity, cites committee members’ “broad base of industry knowledge.”
Despite the reports in the press about dysfunction at the White House, and other reports that various major legislation is hung up in Congress, don’t…