News Categror: General

UIPGC built Lumen Condominiums wins Delta Associates Best Washington/Baltimore Boutique Condominium.

“Professional Remodeler magazine recently published their 2013 Market Leaders, an annual list of the top remodelers in the nation’s major markets. UIPGC in included for Washington, DC. ”

Dave Yampolsky recently joined UIP General Contracting as VP of Marketing & Business Development. Check out what multifamilybiz.com had to say in their write up on Dave.

“Each year, Professional Remodeler magazine compiles lists of remodeling leaders in each of the top 20 remodeling markets in the U.S.: The Market Leaders. UIPGC has been ranked #36 in their Top 150 of 2012 edition.”

“Urban Investment Partners has paid $2.4 million for the former Isabella Apartments in Columbia Heights, where it is planning to launch a complete rehabilitation to covert the property into nearly 40 apartment units.

UIP acquired 1483 Newton St. NW from a pair of sisters-in-law that inherited it from their husbands. It hopes to start a $5 million renovation of the 80-year-old building in the second quarter of 2013.”

“Less than one year after acquiring the vacant and dilapidated 21-unit apartment building at 1346 Park Road in the Washington, DC neighborhood of Columbia Heights, Urban Investment Partners (UIP) has completed a $2.7 million full-building restoration. The building will be operated as a rental property and is currently in active lease-up.”

“Urban Investment Partners (UIP) in partnership with Infinity Real Estate (IRE) of New York City has acquired a 114-unit apartment building at 1841 Columbia Road, NW in Washington, DC, formerly known as The Alcazar, for $26 million. The seller was Fairfield Residential Company. Arbor Commercial Mortgage of New York provided the acquisition and project debt financing for the venture.”

“UIP General Contracting Inc. of Washington, DC (UIPGC) has been selected by the 1489 Newton Street Cooperative, Inc. to renovate the exterior and common areas of its 24-unit building in the Columbia Heights neighborhood of Washington, DC. The project is getting underway in June and is expected to be completed before the end of the year.”

“The 40 professionals featured in the following pages represent the next generation of leadership and innovation in home building, and they’re all under the age of 40.”

“The existing one-bedroom apartments will be remodeled to create new apartments with two bedrooms and two bathrooms. The scope of work also includes opening up the balconies on the front of the building, restoring the original façade design, and eliminating previously added windows that are inconsistent with the original, historic exterior.”