INVESTMENTS
We are a quality first, people first, values first team whose journey of service and accomplishment continues to the present day. We specialize in master-planned communities, senior housing, and multifamily.
The Residences at Kenilworth Park
Kenilworth Park | Completed 2022
The Residences at Kenilworth Park
Kenilworth Park | Completed 2022
Team: Gragg Cardona Souadi / Carding Group / Hallbridge / Affordable Housing Partners / Systima Capital Management / DC Housing Finance
Asset Class: Senior-Assisted Living
- First Affordable Assisted Living Community in Ward
- 157 Apartments
- Created 80+ Permanent Jobs
- Total Development Cost: $96M
The Residences at Benning Metro
Benning Road Metro | Under Construction
The Residences at Benning Metro
Benning Road Metro | Under Construction
Team: Gragg Cardona Souadi / Carding Group / Hallbridge / Amazon Equity Fund / Eagle Bank / United Bank / LISC
Asset Class: Senior-Assisted Living
- Second Affordable Assisted Living Community in Ward 7
- 156 Apartments
- Will Create Over 80 New Permanent Jobs
- Total Development Cost: $98M
The Residences at Georgia Avenue
Shepherd Park, DC | Pre-Development
The Residences at Georgia Avenue
Shepherd Park, DC | Pre-Development
Team: Gragg Cardona Souadi / Carding Group / Hallbridge
Asset Class: Senior-Assisted Living
- First Affordable Assisted Living and Memory Care Community in Ward 4
- 180 Apartments
- Will Create Over 80 New Permanent Jobs
- Total Development Cost: Est $105M
Fletcher Johnson at The Park
Marshall Heights | Pre-Development
Fletcher Johnson at The Park
Marshall Heights | Pre-Development
Team: Gragg Cardona Souadi / Marshall Heights Community Development Organization / DMPED / DGS
Asset Class: Master Planned Communities
- Awarded Dec. 2020
- Medical Uses
- Approximately 1,000 Mixed-Income Apartments
- Intergenerational Master Planned Community
- 25,000 Square Feet of Retail
- Community Civic Space
- Total Development Cost: Est $450M+
St Elizabeth – Phase I
Congress Heights Metro | Under Construction
St Elizabeth – Phase I
Congress Heights Metro | Under Construction
Team: Gragg Cardona Souadi / Redbrick LMD / DMPED
Asset Class: Master Planned Communities
- Historic Conversion Into 250 Rental Apartments (80% of the Units Affordable to Low-Income Families)
- 89 For-Sale Townhomes
- 217,000 SF of Office Space
- Total Development Cost: $197M
St Elizabeth – Phase II
Congress Heights Metro | Pre-Development
St Elizabeth – Phase II
Congress Heights Metro | Pre-Development
Team: Gragg Cardona Souadi / Emerson Collective / Redbrick LMD / DMPED
Asset Class: Master Planned Communities
- Civic Square
- Approximately 380 Mixed-Income Apartments
- 200,000 Square Feet of Class-A Office Space
- 150 Key Hotel, Temporary Pop-Up Retail, and 56,000 Square Feet of Permanent Retail
- Total Development Cost: Est $370M
Bonifant
Purple Line Metro, Silver Spring | Pre-Development
Bonifant
Purple Line Metro, Silver Spring | Pre-Development
Team: Gragg Cardona Souadi / Enterprise Community Loan Fund
Asset Class: Multifamily / Commercial
- Transit-Oriented Development
- Mixed Income Multifamily Community
- Approximately 140 Apartments
- Total Development Cost: Est $75M
New Bethany
Shaw Neighborhood in Washington DC | Pre-Development
New Bethany
Shaw Neighborhood in Washington DC | Pre-Development
Team: Gragg Cardona Souadi / New Bethany Baptist Church / Enterprise Community Loan Fund
Asset Class: Multifamily / Commercial
- Mixed Income Multifamily Community
- Approximately 44 Apartments
- 3 Blocks from the Central Business District
- A Block from the Convention Center
- 5-minute Walk to Metro
- Total Development Cost: Est $25M
The Dussan Flats
Suitland, Maryland | Completed 2017
The Dussan Flats
Suitland, Maryland | Completed 2017
Team: Gragg Cardona Souadi / Boston Financial / Love Funding / DHCD / HUD
Asset Class: Multifamily / Commercial
- 68 Rental Apartments
- HUD’s Housing Assistance Payment Contract Over 80% of the Units
- Direct Resident Services
- Total Development Cost: $14M
2125-2129 Maryland Ave
Old Goucher Neighborhood, Baltimore | Completed 2021
2125-2129 Maryland Ave
Old Goucher Neighborhood, Baltimore | Completed 2021
Team: Gragg Cardona Souadi / ZED LLC / The Reinvestment Fund
Asset Class: Multifamily / Commercial
- 8,400 Square Feet of Office and Retail
- Office Space for Small Businesses and Local Retailers
- Total Development Cost: $1M
The Ailantas Cooperative
15th and Harvard Rd. NW | Completed 2019
The Ailantas Cooperative
15th and Harvard Rd. NW | Completed 2019
Team: Gragg Cardona Souadi / Ailanthus Cooperative / Mi Casa Inc
Asset Class: Multifamily / Commercial
- GCS Provided Full Development Management and Financing Services for the Redevelopment of the 8-Unit Mixed-Income Condominium Conversion
- Total Development Cost: $6M
The Highland Park Apartments
Columbia Heights Metro | Completed 2008
The Highland Park Apartments
Columbia Heights Metro | Completed 2008
Team: Gragg Cardona Souadi / Donatelli Klein / NCRC
Asset Class: Multifamily / Commercial
- 373 Rental Apartments
- 22,000 Square Feet Commercial Space
- 20% Affordable Housing
- Awards: 2008 Delta Associates Award - Best Mid-Rise Rental Apartment
- Total Development Cost: $147M
Kenyon Square North Condominiums
Columbia Heights Metro | Completed 2007
Kenyon Square North Condominiums
Columbia Heights Metro | Completed 2007
Team: Gragg Cardona Souadi / Donatelli Klein / NCRC
Asset Class: Multifamily / Commercial
- 153 Condominium Homes
- 18,000 Square Feet Commercial Space
- 20% Affordable Housing Set Aside
- Awards: 2008 National Assoc. of Home Builders Pillars Award Best Mid-Rise
- Total Development Cost: $60M
The Ellington Apartments
U Street AA Civil War Museum Metro | Sold 2011
The Ellington Apartments
U Street AA Civil War Museum Metro | Sold 2011
Team: Gragg Cardona Souadi / Donatelli Klein / WMATA
Asset Class: Multifamily / Commercial
- 193 Rental Apartments
- 17,000 Square Feet of Commercial Space
- Awards: 2005 National Home Builders Pillars Award Best Mid-Rise Rental Apartment
- Total Development Cost: $42M
Park Place Apartments
Georgia Avenue Petworth Metro | Sold 2015
Park Place Apartments
Georgia Avenue Petworth Metro | Sold 2015
Team: Gragg Cardona Souadi / Donatelli Klein / NCRC
Asset Class: Multifamily / Commercial
- 161 Rental Apartments
- 14,700 Square Feet of Commercial Space
- 20% Affordable Housing Set Aside
- Awards: 2010 National Association of Home Builders Pillars Award: Best Mid-Rise Rental Apartment
- Total Development Cost: $72M
Purpose Driven Placemaking and Community Investment
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