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Why this Philadelphia real estate firm is finally investing in D.C.
14th July, 2022
To real estate investor Matthew Pestronk, now is the perfect time to buy in D.C.

After spending years buying and redeveloping properties in Philadelphia, his Post Brothers is breaking in to Washington D.C. for the first time — in April, it dropped $228 million to buy Universal Building North and South, 1825 and 1875 Connecticut Ave. NW in Adams Morgan. His plan is to convert roughly 700,000 square feet of office space into hundreds of apartments.

Read more at Washington Business Journal