OUR PROJECTS
NEW DEVELOPMENTS
600 "E" Street NW, Washington DC Multifamily Project
Proposed Building
Located in the Penn Quarter in Washington DC
A Joint Venture Partnership
Project Description
Metropolitan Partnership LTD (“Metropolitan”) has secured the contract rights to purchase the off-market property referred to as 600 E Street, NW, located in Washington DC. The existing above-grade office building will be demolished, the dedicated 160 space multi-level garage below grade (expandable to 240 spaces with stacking) will remain and a new thirteen story luxury residential multi-family structure will be built on the existing column grid with the introduction of an interior courtyard and penthouse level club room and deck. The development will create 416 new multi-family units, a central landscaped courtyard, storage areas, fitness facility, retail, roof top club room, deck, and ample parking.
Business Plan & Exit
The business plan calls for a 3-year investment term with an estimated ground breaking date 12 months after closing the property followed by a maximum of 24 months to final completion. The intend is to secure, prior to construction completion, an institutional client to acquire the property before starting the leasing of the units, taking advantage of the large demand in the market for this asset class is this privileged location.
Proposed Facade
Under Pre-Development
Construction Commencement Q1, 2023
Location respect to The White House
Hilton Hotel "Curio Collection"
Located in Uptown Charlotte
on 7th Street & North Tryon
Under Pre-Development
Estimated Construction Commencement Q2, 2024
COMPLETED DEVELOPMENTS
EVEN® Hotel Miami Airport
Located in Miami, FL
Opened December 2018 & Under Operation
Operated by Real Hospitality Group
Asset Managed by EPELBOIM
EVEN® Hotels was launched by InterContinental Hotels Group in 2012 as the hotel industry’s first and only hotel brand with wellness at its core. Based on four core brand components —
Resting Easy, Eating Well, Keeping Active, and Accomplishing More — the EVEN Hotel Miami - Airport empowers travelers to prioritize staying well and maintaining balance in a convenient
location, just one mile east of the Miami International Airport.
190- Room
select Service Hotel
Includes 4,200 ft
of meeting space
145 parking spots
Located in a dynamic
gentrification zone
Total Development Cost
EB-5 Investors
Equity Investors
Loan
Tru By Hilton® Orlando Convention Center
Located in Orlando, FL
Opened December 2020 & Under Operation
Developed by EPELBOIM
Operated by Highgate
Asset Managed by EPELBOIM
Tru by Hilton®, the latest brand launched by Hilton in early 2016, emerged as a vibrant, affordable, youthful concept.
The Tru Hotel will be located on Westwood Boulevard, adjacent to the Orange County Convention Center in Orlando, the second largest convention center in the United States.
259- Room
select Service Hotel
Includes 2,500 sq ft of
meeting space
230 parking spots
8 Stories
Total Development Cost
Equity Investors
Loan
EB-5 Investors
EVEN® Hotel Alpharetta - Avalon Area
Located in Alpharetta, Georgia
Opened December 2020 & Under Operation
Developed by EPELBOIM in Joint-Venture with IHG*
Operated by IHG
Asset Managed by EPELBOIM
*Intercontinental Hotels Group
Located in the vibrant northern Atlanta suburb of Alpharetta, the EVEN Hotel Alpharetta bodes easy access to downtown Atlanta and sits across the street from Avalon, an 86-acre, mixed-use development with more than 500,000 square feet of retail, lodging, theatre, office and residential space.
The new build EVEN Hotel will feature the brand’s wellness hallmarks including signature in-room fitness elements and a balance of health-conscious and indulgent food and beverage options to help guests maintain their wellness routine.
132- Room
select Service Hotel
Meeting
space 950 sq ft
110 onsite parking spots
Located on a
2.41-acre site
First IHG® wellness
concept hotel in the Metro Atlanta Area
Total Development Cost
Equity Investors
Loan
EVEN® Hotel Atlanta Cobb-Galeria
Located in Atlanta, Georgia
Opened June 2021 & Under Operation
Operated by Real Hospitality Group
Asset Managed by EPELBOIM
Focusing on wellness minded-business traveler, the new-build Even Hotel Atlanta – Cobb Galleria will be the second EVEN Hotel in Atlanta. Conveniently located within walking distance
from Cobb/Galleria Convention Center, Cobb Energy Performing Arts Center, Cumberland Mall, and adjacent to SunTrust Park, home of the Atlanta Braves, and the booming Battery Atlanta entertainment district.
133- Room
select Service Hotel
Includes 940 sq ft
of meeting space
110 on-site parking
spots
Total Development Cost
Equity Investors
Loan
EB-5 Investors
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