New Market Investors LLC

Mixed Housing


Highland Additions
Development of a Public Housing Site, a 140 town-home community on the site of a former public housing complex. The local housing authority selected this firm to lead the redevelopment of 140 on-site units, with 30 long term rental units on site and an obligation to develop a minimum of an additional 50 long term rental units off-site. The long term rental units will employ housing tax credits to generate equity for the development. The 10 acre site is located in a highly distressed neighborhood in Washington, DC. This project is expected to start construction in Fall of 2007.

Trinidad Condominiums
NMI acquired a controlling interest in this 1940’s residential building in 2007 and is converting the project into ten two-story residential for sale condo units.  The building is located near Galludet University in Washington, DC.