Recently, members of the Philip Payton Society (PPS) for Minorities in Real Estate traveled down to Washington DC to visit Jair Lynch Real Estate Partners, one of DC’s largest minority-owned and successful development firms.
On the visit, they met with the company’s founder and CEO Jair Lynch, who talked to them about the company’s development strategy for creating unique places in urban settings.
The project is a renovation of the 644-room Meridian Hotel which was originally built in 1942 to house women who moved to the District for jobs during WWII. Most recently it was used as a dormitory by Howard University, who gave the development rights to JL in 2015. The project is located in the historic Meridian Hill District and will be managed by Bozzuto.
The trip was an amazing opportunity for PPS members to connect with a minority-owned firm that is having substantial success in the real estate industry.
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