WBJ: Pers Development sells Petworth condos, before construction is finished

Pers Development founder Ramin Bassam figured it would not take long to sell all 31 of his Fahrenheit Building condos in D.C.’s Petworth neighborhood. The project is still about two months away from completion, but Pers sold the entire project, including three inclusionary zoning affordable housing units and about 2,800 square feet of retail, to [...]

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Urbanturf: Fahrenheit Building on Georgia Avenue Sells, Will Go Rental

Fahrenheit, a 31-unit condo building under construction on Georgia Avenue, has sold to Erkiletian Development, a family-run real estate development firm in the DC area. The project, developed by PERS Development, was originally planned as condos, but Erkiletian will deliver the units as rentals this summer. The final sales price for the project was $14.3 million, a [...]

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citybizlist: DTZ Represents PERS Development in $14.3 Million Sale of 3930 Georgia Avenue in Northwest DC

DTZ, a global leader in commercial real estate services, today announced that it has assisted PERS Development, one of D.C.’s fastest growing Development firms, in delivering the $14.3 Million sale of 3930 Georgia Avenue in NW Washington, DC. Managing Director Chris Doerr represented the seller, Ramin Bassam, in delivering a near-completed 31-unit, Class A mixed-use property located in the Petworth neighborhood with [...]

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Fahrenheit Building Sold to Erkiletian Development for $14.3M

WASHINGTON, DC – March 31, 2015 – DTZ, a global leader in commercial real estate services, today announced that it has assisted PERS Development, one of D.C.’s fastest growing Development firms, in delivering the $14.3 Million sale of 3930 Georgia Avenue in NW Washington, DC. Managing Director Chris Doerr represented the seller, Ramin Bassam, in [...]

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31-Unit Condo Project Planned For Petworth, Delivering Spring 2014

A new 31-unit condo project with ground-floor retail is planned for the 3900 block of Georgia Avenue NW, UrbanTurf has learned. Pers Development, which developed the Mint Condominiums in Eckington, plans on developing the former Goins building at 3930-3936 Georgia Avenue NW (map) into a 31-unit condo project with 32,000 square feet of mixed use [...]

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The Mint | Urban Pace Video Tour

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Signs of Life in Condo Market

Published in Washington Business Journal

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Final Units at Mint

Article on DC Urban Turf

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Mint Sets New Standard

Article on DC Urban Turf

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Urban Turf Covers The Mint

The Mint in Eckington Now Selling    

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