PWREAM
Private Wealth Real Estate Asset Management "Helping you maximize your real estate assets for today and tomorrow".
So who is watching your real estate?
Jeffery W. Epperson
Founder/President
Mr. Epperson was a pioneer in advocating both the concepts of mixed-use and the upcoming urban renaissance that began in the late 1990’s. Working as the head of acquisitions and development at ING Real Estate for 10 years, and independently since 2000, Mr. Epperson has been able to meet and work with some of the country’s leading architects, urban specialists, and developers. As a developer, investor, and advisor of many peers during this urban renaissance, he has built, advised, reviewed, and completed due diligence on hundreds of potential and completed projects from small buildings to entire communities.
However, since forming JWE Development, LLC in 2000, with exceptions, the majority of efforts have been on projects in the range of 10-50,000 sf. Some of the projects he participated during his career in include:
As Owner:
-Advisory Services for Howard University, JBG (Smith), and ING Real Estate, among others.
-1600 U Street - one of first redevelopments on U St. corridor; NW and first non-downtown Starbucks in DC
-Lamont Street Lofts - partner in DC’s first Industrial Lofts
-Reed Street Condos - development advisor for 1st condo project in Potomac Yard corridor.
-Georgetown Heights - development partner for 33 ultra-luxury condos in Georgetown
-Millennium Arts Center-removed owner from bankruptcy and helped sell development rights to City.
-POPLAR POINT PLACE – as landowner, planner, developer, and marketer: assembled, master planned, and financed a vision for up to 6M sf of mixed use projects in a $2.5B public-private partnership with DC. Recruited well-known development partners including Larry Silverstein (WTC, NYC) , Herb Miller (founder of outlet concept) and Foulger-Pratt (major DC area mixed-use) as part of GSA/mixed-use project. (project sold in 2012). See www.poplarpointplace.com and Nir Buras' Classic Planning
-The Petworth- advisory for repositioning of 12,000 sf office into residential and retail
On behalf of others:
-Gallery Place (7&F, NW) - on development team of The Oliver Carr Co. for 450,000 sf office presold to AARP
-Lee Road Industrial-located in Chantilly, the flex/warehouse was 90,000 sf
-Award winning luxury apartments projects in Washington, DC & metro, Atlanta, Charlotte & Raleigh as co-developer and purchaser.
-Westbrooke Place-developed in 1996 and still a leader in rents achieved in the DC market.
-High Street Retail-Review and Acquisitions in Boston, Georgetown, NYC, Palm Beach, and Chicago
-As Vice Chairman of Anacostia BID; overseeing the creation of plans to revitalize the historic downtown area through regeneration of numerous smaller underutilized and vacant buildings.
Real estate entities affiliated with PWREAM include:
-Sidewalk Development Advisors, LLC
SDA provides pre-development services and advises owners, brokers, buyers and seller on issues ranging from due diligence to financial analysis and capital solutions.
-JWE Development, LLC
JWE provides development services for various entities controlled or related to Jeff Epperson and other third parties as needed.
-URBAN-city Ventures, LLC
UCV was created to provide pre-development services for mixed use properties as well as execution of unconventional real estate projects.
Other
Jeff Epperson has over 30 years of experience in real estate investment, development, acquisitions, asset management, and advisory services. A student of institutional real estate and local urban development, he can quickly gauge both the potential as well as shortfalls, of a property or development opportunity. Mr. Epperson was one of the first entrepreneurs to restart urban development in DC (1600 U Street in 2000) and recognize the enormous future upside in recapturing long forgotten parts of the District of Columbia. Having worked for real estate start-ups, large development companies such as Oliver T. Carr, the enormous Dutch institution ING, and the founding off several real estate companies to develop, plan, advise, and invest in DC area properties, Mr. Epperson has real estate experience from several angles and thru several property cycles. During this time Mr. Epperson has garnered an impressive list of institutional and development relationships available upon request.
He is a graduate of Texas A&M University and completed numerous planning courses offered by UVA and VT.