As the unprecedented impacts of the COVID-19 pandemic evolve, we all face difficult challenges and uncertainties. Bernstein Management Corporation operates on a deeply held philosophy that people come first. This crisis has disrupted lives and we are humbled by the strength of our community. In response to some of the stressors created by the COVID-19…
News
May
28
2019
When we say People First® we mean it. At Bernstein Management Corporation we make it a priority to give back to the communities in which we operate, which is why we are excited to share our involvement with the Washington Housing Conservancy. Through the Washington Housing Conservancy, which serves as a partner to the Washington…
Apr
30
2019
On May 1, 2019, after 10 years of partnering with Forest City, BMC took over full ownership and management of Lenox Club and Lenox Park, two large apartment buildings. Over 30 BMC team members, across multiple departments, worked together to ensure the smooth transition of these two communities. In addition to adding the two…
Jan
16
2019
Chevy Chase, Maryland Bernstein Management Corporation (BMC) and EYA have announced the formation of a new programmatic partnership to acquire and develop future townhome, multifamily and mixed-use projects in the Washington, D.C. metro area. The new partnership has already committed to the development of more than 1,200 new residential units in several premier walkable…
Mar
20
2018
On February 22, 2018, BDC Properties LLC (“BDC Properties”), through its wholly-owned subsidiary BDC Burtonsville II LLC, closed on a 28,000 square foot office building, located at 3915 National Drive, Burtonsville, Maryland (the “Property”) within the Burtonsville Office Park. With its purchase of the Property, BDC Properties now owns and controls the entire 145,000 square…
Mar
08
2018
Bernstein Management Corporation’s 4115 Davis – part of Park Crest Apartments – is set to produce sun power with its new solar installation. The blue panels on the roof will offset almost 60,000 kWh annually, which will prevent the emission of almost 45 metric tons of carbon – the equivalent of taking nearly ten cars…
Aug
23
2017
A subsidiary of one of BMC’s investment entities closed on a 50% tenants-in-common interest in the apartment building at 4115 Wisconsin Avenue, NW. The Property consists of 40 apartment units and 17 service-oriented commercial units. It is located at the corner of Wisconsin Avenue and Van Ness Street, one block from the proposed future redevelopment…
Mar
03
2017
On February 15, 2017, an investment affiliate of Bernstein Management Corporation purchased 1600 Pennsylvania Ave, SE (“1600 Penn”), a 77-unit apartment property located in the emerging Hill East section of the Capitol Hill neighborhood. Developed in 2015, 1600 Penn offers modern unit interiors with stainless steel appliances, granite countertops and designer fixtures, as well as…
Feb
15
2017
On November 30, 2016, an investment affiliate of Bernstein Management Corporation purchased 4250 Connecticut Avenue, NW (“4250”), a 202,000 square foot office building with ground floor retail, from Fannie Mae. Built in 1982, 4250 is located along Connecticut Avenue in the Van Ness neighborhood next to the Van Ness-UDC Metro Station on the Red Line,…