Tag Archives: vision

Bo Menkiti Recognized as a RisMedia Real Estate Newsmaker

RISMedia has announced it has chosen Bo Menkiti as a member of the Class of 2019 Real Estate Newsmakers, which will be revealed in the December 2018 issue of RISMedia’s Real Estate magazine, and featured online at RISMedia.com.

RISMedia’s Real Estate Newsmakers is an exclusive group of industry luminaries who have contributed in newsworthy ways to real estate.  The 2019 Class was chosen by RISMedia editors for headline-making initiatives and successes, including, but not limited to:

  • Advancing the industry
  • Impacting change
  • Technology achievements
  • Diversity and inclusion
  • Business accomplishments and growth
  • Humanitarian efforts
  • Industry activism and support
  • Thought leadership and influence
  • Excellence in customer service
  • Creativity and innovation

“RISMedia’s Real Estate Newsmaker Awards honor the industry’s real newsmakers—the people who are positively affecting our industry and the millions of consumers we serve,” says John Featherston, CEO and president of RISMedia. “Our industry promotes and provides consumers with a pathway to responsible homeownership. Over the past three-plus decades, RISMedia has covered, chronicled and celebrated the professionals making news in real estate, and we are honored to continue to formalize these honors with the 2019 annual RISMedia Real Estate Newsmaker Awards.”

For More Information, visit RisMedia.com.

 

Early Childhood Academy Public Charter School Breaks Ground

MAYOR BOWSER, THE MENKITI GROUP, COMMUNITY LEADERS, PARENTS, AND STUDENTS CELEBRATE THE GROUNDBREAKING OF THE EARLY CHILDHOOD ACADEMY PUBLIC CHARTER SCHOOL

New Southeast school will provide a state-of-the-art, holistic learning environment for 300 young students

October 4, 2018, WASHINGTON, DC – Yesterday Mayor Muriel Bowser joined The Menkiti Group and Early Childhood Academy Public Charter School to mark the ceremonial groundbreaking for the new 38,000 square foot state-of-the-art school building, slated to open in August 2019.

The new Early Childhood Academy (ECA) school building is located at 885 Barnaby Street, SE, and consists of a repurposed former church with a new, modern addition to bring the school’s learning, activity, music, administrative, and multi-purposes spaces all under one roof. The school currently operates from two disparate, non-school use centers on adjacent properties.

The project, which is being financed through a combination of ECA PCS funds, grant funding from the Office of the State Superintendent, DC Government facilities allotments, and federal New Markets Tax Credits, marks a milestone for new development in the Washington Highlands neighborhood. The deal was structured as a unique lease-to-own arrangement in which ECA PCS has acquired the site from The Menkiti Group to build equity for the future.

Mayor Muriel Bowser addressed the crowd of attendees from ECA, including members of the Board of Trustees, school administration, teachers, aides, students, parents, project stakeholders and partners, and members of the Washington Heights neighborhood by talking about the impact the new ECA will have on the community, stating “This is going to be the learning space and play space that the students, families, and staff at ECA deserve,” said Mayor Muriel Bowser. “When we invest in our school facilities, we’re investing in the future of our students and communities.”

In addition to Mayor Bowser, speakers included, Ward 8 Councilmember Trayon White, Sr., Wendy Edwards, Executive Director of ECA, Dennis Sawyers, President of the Board for ECA, Thann Ingraham, Principal for ECA, and Mark Rengel, Menkiti Group VP of Development and Project Manager for the ECA project.

At the groundbreaking Menkiti Group Founder and CEO Bo Menkiti also addressed the crowd, offering his reflections on the project, stating: “The Menkiti Group is proud to have this opportunity to develop and deliver not just another transformative development project to the Washington, DC community, but one that truly exemplifies our mission of transforming lives, careers, and communities through real estate. We are particularly pleased that the new Early Childhood Academy will allow young students the opportunity to have a safe, holistic learning environment as soon as the doors open next year, and for many generations in this neighborhood to come.”

ECA Executive Director Wendy Edwards, who has been with ECA since 2005, the first year that the school was in operation, shared her thoughts on the milestone occasion: “After 14 years housed in two small community centers, we are thrilled that our students at Early Childhood Academy Public Charter School will start the 2019-2020 school year in the beautiful and spacious, brand new facility that they deserve.”

Many local organizations, financial institutions, and government leaders played a role in developing this project. Partners in the project include: DC Office of the State Superintendent of Education; Low Income Investment Fund; City First Bank; City First Enterprises; Chase Bank; United Bank; Industrial Bank; Cohn Reznick LLP; TenSquare; Cox Graae + Spack Architects; Meridian Construction; Built Environment Engineers; M.A. Design Group; Robert Silman Associates; DMY Capitol; A2 Services; Dan Triman, LEED AP+; CDKM Consulting; McKeever Services; New Columbia Solar, and DC SEU. Project progress is available at MenkitGroup.com/development.

Capitol Vista Breaks Ground

As reported by the Executive Office of the Mayor on Tuesday, September 25, 2018:

“Today, Mayor Bowser broke ground on Capitol Vista, a 104-unit affordable housing community in the amenity-rich Mount Vernon Triangle neighborhood in Ward 6. This groundbreaking follows recent affordable housing announcements by Mayor Bowser in the Mount Vernon Triangle neighborhood, which include the grand opening of Plaza West, a 223-unit affordable housing community for seniors, families, and “grandfamilies,” and a groundbreaking on Liberty Place, an affordable housing project which will deliver permanent supportive housing units for those experiencing homelessness and units for veterans.

“As our city continues to grow and prosper, my Administration has remained laser-focused on ensuring residents of all backgrounds and income levels have access to safe and affordable places to live across all eight wards,” said Mayor Bowser. “Capitol Vista is an example of how we are meeting the diverse housing needs of Washingtonians and creating pathways to the middle class at the same time.”

Located at 810 New Jersey Avenue, NW, Capitol Vista will be comprised of 104 studio-, one-, and two-bedroom units for households earning up to 50 percent of the median family income (MFI) or $58,600 for a family of four. Capitol Vista will be a 100 percent affordable community with 3,000 square feet of ground floor retail and space for public art.

Capitol Vista is located in a transit-oriented, growing neighborhood within walking distance of four Metro stations and bus routes. It is also close to a grocery store, multiple places of worship, a library, recreation and restaurants, as well as downtown, employment centers and jobs.

Amenities for residents include a fitness center, conference room, clubroom, roof terrace, and bicycle parking.

The Capitol Vista affordable housing community was made possible through a collaboration of DC Government agencies, including the Office of the Deputy Mayor for Planning and Economic Development, the DC Department of Housing and Community Development, the DC Housing Finance Agency, and DC Housing Authority. Voltron Community Partners comprised of Dantes Partners LLC, Spectrum Management LLC, The Menkiti Group and Bailey Real Estate Holdings, will develop the project.

Mayor Bowser has designated September 24 through October 1 as #RootstoRoofs Housing Week across DC. The Capitol Vista groundbreaking is one several events highlighting the Bowser Administration’s progress in providing all Washingtonians a fair shot by creating and preserving affordable housing. Since coming into office, the Bowser Administration has delivered 6,000 affordable units, with another 5,200 under construction.

At the event, the Mayor was joined by Deputy Mayor for Planning and Economic Development Brian Kenner and Ward 6 Councilmember Charles Allen.”

Executive Office of the Mayor Newsroom

Learn more about Capitol Vista by visiting the project page.

BO MENKITI NAMED MID-ATLANTIC FINALIST FOR EY ENTREPRENEUR OF THE YEAR® AWARD

Founder & CEO of The Menkiti Group and Keller Williams Capital Properties included with 30 other regional finalists from an array of different industries and business sectors.

EY has announced that Bo Menkiti, Founder, and CEO of The Menkiti Group and Keller Williams Capital Properties, is a finalist for the Entrepreneur Of The Year® Award in the Mid-Atlantic region. The awards program recognizes entrepreneurs who are excelling in areas such as innovation, financial performance and personal commitment to their businesses and communities. Menkiti was selected by a panel of independent judges; award winners will be announced at a gala event on June 15, 2017, at the Ritz-Carlton, Tysons Corner, VA.

Bo Menkiti, Founder & CEO of The Menkiti Group and Keller Williams Capital Properties

“I’m honored to have been named a finalist for the EY Entrepreneur Of The Year Award, and to be included with such an amazing group of business leaders and innovators,” said Bo Menkiti. “This recognition is an affirmation that entrepreneurs can operate a mission-oriented double-bottom-line company like ours and be successful at scale.”

Founded in 2004, The Menkiti Group is an integrated real estate services firm dedicated to transforming lives, careers, and communities through real estate. The company has established a reputation for its creative and productive deployment of capital and the cultivation of relationships across economic and cultural divides that have historically hindered the development of urban neighborhoods.

To date, The Menkiti Group has invested over $160 million into DC’s emerging neighborhoods, with 1.5 M square feet of property currently in its development pipeline, and has helped more than 2,000 families purchase and sell homes. The Menkiti Group also owns and operates Keller Williams Capital Properties, one of the fastest growing franchises of Keller Williams Realty, with seven offices, nearly 1,000 agents, and more than $2 billion in transactions in 2016. Together, through their joint foundation, The Menkiti Group and Keller Williams Capital Properties have donated over $500,000 to organizations in the DC, Maryland, and Virginia communities where they do business.

See here for Mr. Menkiti’s full biography.

About Entrepreneur Of The Year Entrepreneur Of The Year®, founded by EY, is the world’s most prestigious business awards program for entrepreneurs, chosen from an independent panel of judges including entrepreneurs and prominent business leaders from business, finance, and the local community. The program makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership, and achievement. As the first and only truly global awards program of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in over 145 cities and more than 60 countries. Ey.com/eoy

About The Menkiti Group & Keller Williams Capital Properties Headquartered in Washington, DC, The Menkiti Group is a real estate services company dedicated to enhancing the fabric of life in America’s urban neighborhoods through the strategic development, management, and sale of residential and commercial property. The Menkiti Group has in development or in its pipeline more than 1.5 million square feet of property; has invested over $160 million in DC’s emerging neighborhoods, and has assisted over 2,000 families in purchasing and selling homes. The Menkiti Group also owns and operates Keller Williams Capital Properties, a fastest-growing franchise of Keller Williams Realty International, with seven offices and nearly 1,000 agents. MenkitiGroup.com kwcapitalproperties.com