Nordheimer and Partners to Renovate and Update Multi-Family Apartment Property
Online PR News – 03-February-2012 – – WASHINGTON, DC – Washington, DC-based real estate developer and investor, Gary Nordheimer, together with Nordheimer Company partners Brad and Rod Nordheimer, and others, have purchased an apartment building located at 1023 14th Street, S.E. in the historic Capitol Hill neighborhood of Washington, D.C.
The Nordheimer Company worked closely with the building association and its tenants to come to a formal understanding of how the building will be maintained and managed. Under the new ownership, tenants’ apartments will be renovated, the common area around the building will be updated, and new security features will be added to the apartment building’s front entrance. “Brad and Rod have been great at forging relationships with the building tenants,” says Gary Nordheimer. “We wanted to make sure they understood our vision,” he says. “We plan to be long-term owners and make it a priority to create a wonderful home environment.”
The newly-purchased apartment building, located not far from the U.S. Capitol, is four blocks from the Potomac Metro subway station and area shopping. “We’re committed to investing in the Washington, D.C. area,” says Nordheimer. “I feel confident that the rental market will remain strong.” The Nordheimer Company also plans to build multi-family units on the lot next to 1023 14th Street, S.E., further adding to the area’s rental options.
More About Gary Nordheimer
Gary Nordheimer is a real estate developer and investor with portfolio properties along the East Coast, and an entrepreneur focused on providing counsel and investment in early-stage companies in a variety of industries, including hospitality, biotech, energy and technology. Among his investment and redevelopment projects are the Georgetown Inn and Apolline Condominiums, in Washington, DC, several buildings in New York’s Financial District and a historic multifamily property in Richmond. Nordheimer is also president of Teleconferencing Services, LLC, an online resource for audio, video and Web conferencing services owned by sons Brad and Rod Nordheimer and partners. Since 1998, Teleconferencing Services has provided best of class audio, video and web conferencing services to businesses around the world. TSI is a recognized leader in teleconferencing support primarily for the law firm and financial industries due to its superior customer service and customized solutions. For more information, visit www.garynordheimer.com.