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Power DC 2021 – Commercial Observer

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<header class="hcpl-header"> <div class="hcpl-header-inner"> <div class="hcpl-header-info"> <ul class="hcpl-lists"> <li class="hcpl-list"><a href="https://commercialobserver.com/power-series/power-dc-2023/">2023</a></li><li class="hcpl-list"><a href="https://commercialobserver.com/power-series/power-dc-2022/">2022</a></li><li class="hcpl-list active">2021</li><li class="hcpl-list"><a href="https://commercialobserver.com/2020/06/washington-d-c-s-25-most-powerful-people-real-estate-players-in-2020/">2020</a></li><li class="hcpl-list"><a href="https://commercialobserver.com/2019/09/washington-d-c-s-25-most-powerful-real-estate-players/">2019</a></li> </ul> <div class="hcpl-title hcpl-title-wide"> <h1 class="hcpl-h1"> <img src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/07/W_Stacked_Logo.png" alt="Power DC 2021"/> </h1> <h2 class="hcpl-h2">Who鈥檚 got the right stuff when it comes to real estate in the nation鈥檚 capital.</h2> </div> <div class="hcpl-meta"> <span class="hcpl-author">By <a href="https://commercialobserver.com/author/the-editors/" title="Posts by The Editors" class="author url fn" rel="author">The Editors</a></span> <span>June 22, 2021 2:02 PM</span> <div class="hcpl-share"> <div id="story-sharing-before-content" class="story-sharing-before-content addthis_sharing_toolbox addthis_default_style" data-url="" data-title="Power DC 2021"> </div> </div> </div> </div> <div class="hcpl-video"> <div class="hcpl-video-wrapper"> <img width="640" height="785" src="https://commercialobserver.com/wp-content/uploads/sites/3/2021/06/DC_BEACH_PARTY_RGB.jpg?quality=80" class="hcpl-video-thumb wp-post-image" alt="Power in D.C." decoding="async" fetchpriority="high" srcset="https://commercialobserver.com/wp-content/uploads/sites/3/2021/06/DC_BEACH_PARTY_RGB.jpg 1500w, https://commercialobserver.com/wp-content/uploads/sites/3/2021/06/DC_BEACH_PARTY_RGB.jpg?resize=122,150 122w, https://commercialobserver.com/wp-content/uploads/sites/3/2021/06/DC_BEACH_PARTY_RGB.jpg?resize=244,300 244w, https://commercialobserver.com/wp-content/uploads/sites/3/2021/06/DC_BEACH_PARTY_RGB.jpg?resize=768,943 768w, https://commercialobserver.com/wp-content/uploads/sites/3/2021/06/DC_BEACH_PARTY_RGB.jpg?resize=615,755 615w, https://commercialobserver.com/wp-content/uploads/sites/3/2021/06/DC_BEACH_PARTY_RGB.jpg?resize=1251,1536 1251w, https://commercialobserver.com/wp-content/uploads/sites/3/2021/06/DC_BEACH_PARTY_RGB.jpg?resize=1200,1473 1200w" sizes="(max-width: 640px) 100vw, 640px" /> </div> <p class="wp-caption-text">Who鈥檚 got the right stuff when it comes to real estate in the nation鈥檚 capital.</p> </div> <div class="hcpl-description"> <div class="hcpl-description-inner"> <p>In about two weeks, the U.S. of A. will celebrate its 245th year of independence and its 156th year without an out-and-out civil war. Perhaps, more significantly, it will celebrate its independence from the coronavirus pandemic and the civil disruption that it brought.</p> <p>And Washington, D.C., may very well be the hub of that celebration, as both President Joe Biden and Mayor Muriel Bowser have called for festivities in the capital, unimaginable only a few months ago &#8230;</p><div class="co-paywalled-content"> <p>As of June 11, all capacity restrictions in the District were lifted and the city is 100 percent reopened, as museums are welcoming visitors, the Wharf is packed, and the Nationals are winning in front of cheering crowds of about 40,000 per game.</p> <p>Still, not everything is cause for celebration as we learn to live in a post-pandemic world. D.C.鈥檚 office vacancy sits at an all-time high, development is being impacted by high lumber prices, and the hospitality industry is still grappling with low occupancy.</p> <p>However, there鈥檚 plenty of optimism among those in the real estate industry, and many of them believe that D.C. will come roaring back as it historically does after times of upheaval. Plus, there are already plenty of positives about the D.C. area, some spurred by the pandemic itself.</p> <p>The life sciences sector is hotter than ever, especially in suburban Maryland; Northern Virginia is seeing record numbers in data center absorption; and big projects, such as Phase 2 of the Wharf, Amazon鈥檚 HQ2, and the entirety of National Landing and Tysons, Va.鈥檚 Boro expansion are barreling forward.</p> <p>On the affordable housing front, there are plenty of positives as well. Washington Mayor Bowser pledged a $400 million commitment to the Housing Production Trust Fund; Amazon committed $20 million to Arlington County to address the segment; and the tech giant also teamed with D.C.鈥檚 transit authority on an initiative to create 1,000 affordable housing units at Metro stations in the area.</p> <p>There are countless real estate pros and companies, who are shepherding these and other initiatives along, and thereby helping the region reassert its independence post-COVID. The following list of 25 (in alphabetical order by company name) represents the power players who have made the most impactful marks over the past year-plus.</p> </div> </div> </div> </div> </header> <div id="member-list"></div> <!--hcpl horizontal --> <!-- Hashtag Labs Ad commercialobserver_powerlist_landing_top --> <div class="ad-wrapper ad-hcpl hcpl-horizontal-ad ad-has-disclaimer htlad-commercialobserver_powerlist_landing_top" id="commercialobserver_powerlist_landing_top"></div> <section class="hcpl-powerlist-section"> <div class="hcpl-powerlist-section-inner article article-wrapper hcpl-sticky-container"> <div class="hcpl-powerlist"> <div class="content content-wrapper"> <div class="hcpl-search"> <h2 class="image-wrap"> <img src="https://commercialobserver.com/wp-content/uploads/sites/3/2023/07/B_Long_Logo.png" alt="Power DC 2021"/> </h2> <form id="power-list-typeahead" method="get" action="" style="display: none;"> <label class="sr-only" for="member">Search by name or company</label> <input class="query-field" type="text" name="member" placeholder="Search by name or company" value=""/> <button type="submit" aria-label="Submit search form"> <svg aria-labelledby="searchButton" width="20" height="20" viewBox="0 0 20 20" fill="none" xmlns="http://www.w3.org/2000/svg"> <title id="searchButton">Submit search</title> <path d="M14.92 12.82L20 17.92L17.9 20.02L12.82 14.94C11.4067 15.9 9.86 16.38 8.18 16.38C5.92667 16.38 4 15.58 2.4 13.98C0.8 12.38 0 10.4534 0 8.20002C0 5.94668 0.8 4.02002 2.4 2.42002C4 0.820019 5.92667 0.0200195 8.18 0.0200195C10.4333 0.0200195 12.36 0.820019 13.96 2.42002C15.56 4.02002 16.36 5.94668 16.36 8.20002C16.36 9.89335 15.88 11.4333 14.92 12.82ZM13.62 8.20002C13.62 6.69335 13.09 5.40668 12.03 4.34002C10.97 3.27335 9.68667 2.74002 8.18 2.74002C6.67333 2.74002 5.38667 3.27335 4.32 4.34002C3.25333 5.40668 2.72 6.69335 2.72 8.20002C2.72 9.70668 3.25333 10.99 4.32 12.05C5.38667 13.11 6.67333 13.64 8.18 13.64C9.68667 13.64 10.97 13.11 12.03 12.05C13.09 10.99 13.62 9.70668 13.62 8.20002Z" fill="black"/> </svg> </button> </form> </div> <div class="hcpl-filter" style="display: none;"> <span class="filter">Filter by:</span> <select id="industryRoles"> <option value="all">Industry Role</option> <option value="598357052">Advisory Firm</option><option value="598357053">Alternative Lender</option><option value="598357054">Bank</option><option value="598356962">Finance</option><option value="598381048">Government Agency</option><option value="598357003">Investor</option><option value="598357005">Leasing &amp; Sales Brokerage</option><option value="598357058">Mortgage REIT</option><option value="598357006">Other</option><option value="598357007">Owner/Developer</option><option value="598357059">Servicer</option> </select> </div> <div class="hcpl-members-list"> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357007"> <div class="hcpl-member-photo"> <a 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class="hcpl-h5">Artemis Real Estate Partners</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357005"> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-dc-2021/player/john-kevill/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2021/06/John-Kevill-headshot-new.jpg?quality=80&amp;w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-dc-2021/player/john-kevill/">John Kevill</a></h2> <h3 class="hcpl-h5">Avison Young</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357058"> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-dc-2021/player/peter-otteni-and-jake-stroman/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2021/06/Peter-O_Jake.jpg?quality=80&amp;w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-dc-2021/player/peter-otteni-and-jake-stroman/">Peter Otteni and Jake Stroman</a></h2> <h3 class="hcpl-h5">Boston Properties</h3> </div> </div> <div class="hcpl-member-list" data-newcomer="false" data-gainer="false" data-industry-role="598357054"> <div class="hcpl-member-photo"> <a href="https://commercialobserver.com/power-series/power-dc-2021/player/sadhvi-subramanian/"><img src="https://commercialobserver.com/wp-content/uploads/sites/3/2022/06/Sadhvi-Subramanian-US-Bank.jpg?quality=80&amp;w=300"/></a> </div> <div class="hcpl-member-details"> <h2 class="hcpl-h4"><a href="https://commercialobserver.com/power-series/power-dc-2021/player/sadhvi-subramanian/">Sadhvi Subramanian</a></h2> <h3 class="hcpl-h5">Capital One</h3> </div> </div> <div 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href="https://commercialobserver.com/power-series/power-proptech-2023/" aria-label="Go to Power PropTech"> Power PropTech </a> <a class="hcpl-related-power-list" href="https://commercialobserver.com/power-series/2023-young-professionals/" aria-label="Go to Top Young Professionals"> Top Young Professionals </a> </div> </div> </div> </div> </section> </div> <div class="footer-wrap"> <svg aria-hidden="true" style="position: absolute; width: 0; height: 0; overflow: hidden;" version="1.1" xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink"> <defs> <symbol id="icon-envelope" viewBox="0 0 28 28"> <path d="M26 23.5v-12c-0.328 0.375-0.688 0.719-1.078 1.031-2.234 1.719-4.484 3.469-6.656 5.281-1.172 0.984-2.625 2.188-4.25 2.188h-0.031c-1.625 0-3.078-1.203-4.25-2.188-2.172-1.813-4.422-3.563-6.656-5.281-0.391-0.313-0.75-0.656-1.078-1.031v12c0 0.266 0.234 0.5 0.5 0.5h23c0.266 0 0.5-0.234 0.5-0.5zM26 7.078c0-0.391 0.094-1.078-0.5-1.078h-23c-0.266 0-0.5 0.234-0.5 0.5 0 1.781 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