Company Overview

Since 2001, UIP has created significant value for our investors through the repositioning of multifamily residential and mixed-use assets in the Washington, DC metropolitan area. The firm’s principals each maintain a unique and specific set of talents and insights into, what can be, a competitive, t

Key People

Steve Schwat

Principal

Peter Bonnell

Principal

Heath Wilkinson

Principal

Michiel van Zadel

Vice President – Asset Management

Jason Lifton

Development Analyst

Brook Katzen

Vice President of Development

Ashleigh Keys

Regional Manager

Featured Projects

Tenley Multifamily Portfolio

Tenley Multifamily Portfolio

4000 Brandywine St, 4545 42nd St, and 4620-4624 Wisconsin Ave • Washington, DC 20016

UIP is in the process of acquiring 4 office properties in the Tenley submarket of Washington DC. With limited market rate rental properties within a .5 mile radius of the properties they are well-positioned for adaptive re-use from Class B office space into Class A market rate rental apartments with the potential to develop one into higher-margin college aged housing.

Boathouse Apartments

Boathouse Apartments

2601 Virginia Avenue NW • Washington, DC 20037

UIP is under contract to purchase the former Howard Johnson's Hotel from GWU. The 10 story building is completely gutted and will be converted into roughly 295 market rate rental units. UIP believes that due to the proximity to the GWU campus as well as many major private and public employers, Boathouse Apartments is well positioned to be converted to class A rental units.

1430 W

1430 W

1430 W Street NW • Washington, DC 20009

1430 W is a 4-story, pre-war, walk-up residential property located in the 14th and U Street Corridor. Purchased in 2011 with 26 units, UIP worked with the tenants to vacate the building, and performed a $3.8 million gut renovation. A total of 12 new units were added. 1430 W was stabilized in 2015.

The Isabella

The Isabella

1483 Newton Street • Washington, DC 20010

The Isabella is a 4-story, mid-rise, residential property located in the Columbia Heights submarket. Vacant for over 20 years, the property underwent a $4.2 million gut renovation including the excavation of the basement for 7 new units, stainless steel kitchen appliances, granite countertops, in-unit laundry, all new bathrooms, floors, windows and doors.

The Victoria

The Victoria

1443 Chapin Street, NW • Washington, DC 20009

The Victoria is a 4-story condominium development comprised of 16 luxury units located in the Columbia Heights submarket. The ground up $6 million project incorporates a “C” shaped design to maximize natural light, elevator accessed underground parking, and a private courtyard. The Victoria was completed in 2014 and all of the condominiums have been sold.

Featured Press

D.C. renters can come out winners if their building is up for sale

October 15, 2015 • Washington Post
“We interviewed four or five developers and chose UIP because they seemed the most willing to work with us,” Marra says. “We were as democratic as possible and voted on everything.” Read More →

Historic apartments in Northeast D.C. to undergo renovation

September 10, 2015 • Washington Post
Urban Investment Partners bought Rhode Island Gardens and plans a $7 million renovation of the 81-unit apartment building constructed in 1931. Read More →

Historic Tilden Hall apartment building has a new owner

May 29, 2015 • Washington Business Journal
"The historic 91-year-old Tilden Hall building at 3945 Connecticut Ave. NW in Cleveland Park has a new owner: Urban Investment Partners, which bought the 76-unit apartment building from DARO Realty for $13 million, Urban said in a news release. DARO has owned the building since 1955." Read More →