Business Details
Trusted Real Estate Investment & Development in Bethesda, MD
Rock Creek Property Group is a Washington, DC-based real estate investment and development company dedicated to transforming properties into valuable assets. Our expertise spans multi-family, mixed-use, urban and suburban retail, industrial, historic buildings, and creative office spaces. We specialize in adaptive re-use, land entitlement, and ground-up developments, delivering innovative solutions in challenging environments. Our hands-on management approach ensures responsible stewardship of resources for investors, lenders, and partners. With decades of collective experience, our team excels in commercial leasing, construction, investment brokerage, and legal and financial practices.We prioritize meaningful relationships built on respect and integrity, fostering collaboration and trust across all projects. Our commitment to sustainability is reflected in achievements like LEED certification for The Oliver. We focus on properties with unique stories, creating value through strategic investments and repositioning. Our work includes notable projects like Precision Labs, Ravensworth Apartments, and developments near Howard University. As a federally registered trademark holder, we uphold our "Developers of Value" ethos in every endeavor.
Services
Real Estate Investment
Property Development
Repositioning
Mixed-Use Development
Urban Retail
Suburban Retail
Industrial Buildings
Historic Buildings
Creative Office Space
Adaptive Re-Use
Highlights and features
- We have decades of experience in real estate development and investment.
- Our hands-on management ensures responsible stewardship of resources.
- We specialize in creative solutions for complex property challenges.
- Our relationship-driven approach fosters trust and collaboration.
- We hold LEED certification for sustainable building practices.
Associations and certifications
- LEED Green Building Certification
Services
Real Estate Investment
We acquire and manage diverse real estate assets, focusing on multi-family, retail, industrial, and historic properties. Our strategic investments prioritize long-term value creation through market analysis and risk assessment. Our team leverages decades of experience to identify opportunities aligned with investor goals.
Property Development
We specialize in ground-up developments and repositioning existing properties. Our services include land entitlement, zoning, and construction management. We deliver tailored solutions for mixed-use, urban retail, and creative office spaces in Washington, DC and surrounding areas.
Adaptive Re-Use
Our adaptive re-use expertise transforms historic and underutilized buildings into functional spaces. We balance preservation with modernization to meet current needs while maintaining architectural integrity. This approach has been applied to projects like The Oliver and Takoma Theatre.
Mixed-Use Development
We create integrated spaces combining residential, commercial, and retail elements. Our mixed-use developments enhance community connectivity and economic viability. Recent projects include collaborations with Howard University and developments in vibrant urban intersections.
Sustainable Building
We implement eco-friendly practices and pursue certifications like LEED. Our sustainable approach reduces environmental impact while improving property efficiency. The Oliver project exemplifies our commitment to green building standards in Washington, DC.
People
Gary Schlager
Principal
Gary Schlager brings extensive real estate expertise to Rock Creek Property Group, focusing on strategic investments and development. His leadership drives innovative solutions for complex property challenges in Washington, DC.
Andrew Glick
Principal
Andrew Glick specializes in real estate development and repositioning, contributing decades of experience to Rock Creek's projects. His expertise enhances value creation across multi-family, retail, and historic properties.
Jon Lastuvka
Executive Vice President
Jon Lastuvka oversees key development initiatives at Rock Creek, leveraging his background in commercial leasing and investment brokerage. His strategic vision supports successful project execution in competitive markets.
Maria Larrabee
Vice President of Operations
Maria Larrabee manages operational excellence at Rock Creek, applying her expertise in accounting and legal practices. Her leadership ensures efficient project delivery and financial stewardship across all developments.
Sam Hollman
Senior Director, Acquisitions
Sam Hollman leads acquisition strategies for Rock Creek, identifying high-potential properties in Washington, DC and Maryland. His market insights drive growth through targeted investments in diverse real estate sectors.
Questions
What types of properties does Rock Creek specialize in?
We focus on multi-family, mixed-use, urban/suburban retail, industrial, historic buildings, and creative office spaces across Washington, DC and surrounding areas.
Do you handle both development and property management?
Yes, we provide full-cycle services from acquisition and development to ongoing management and repositioning of real estate assets.
Are you involved in sustainable building practices?
Yes, we pursue green certifications like LEED and implement eco-friendly strategies in projects such as The Oliver development.
How does Rock Creek approach community impact?
We prioritize creating value through projects that enhance local economies and preserve architectural heritage in urban environments.
Can you work with historic properties?
Yes, our adaptive re-use expertise includes revitalizing historic buildings while maintaining their architectural integrity and cultural significance.