Urban Pace Tops 50% Lease Up at South Cathedral Mansions

(Washington, DC—February 16, 2018)   Urban Pace, an exclusive leasing and marketing representative, has surpassed a key milestone for South Cathedral Mansions which is now over 50 percent leased. Executing a revitalized marketing plan and introducing proprietary strategies, the Mid-Atlantic leader in residential development real estate services collaborated with property manager Oculus Realty to reach 54 percent leased for the meticulously renovated building in just three months.

“Even the most lavish of amenities doesn’t speak for themselves. Working in conjunction with Oculus Realty, we’ve been able to use our proprietary technology platform, UPvelocity™, and implement new strategies – encompassing everything from marketing through website and social media to a streamlined leasing process.  All of these efforts helped build on the property’s many assets and achieve an impressive pace toward lease-up,” said Matt Dewey, Chief Operating Officer of Urban Pace.

Combining old world charm with a vibrant urban style, South Cathedral Mansions recently was honored with a Delta Associates Award for Excellence as Best Renovation Apartment Community of 2017. The property at 2900 Connecticut Ave., NW, underwent a complete restoration and is now one of Woodley Park’s most sought-after residences.

“As one of the partners of the project along with Commonwealth Residential and property managers, we’re delighted that our partnership with Urban Pace complements our efforts so well, and has helped welcome so many new residents to one of Washington’s landmark communities,” said K. David Meit, CPM®, President and CEO of Oculus Realty.

South Cathedral Mansions appeals to an active lifestyle with amenities such as a state-of-the art fitness center with his and her sauna rooms, a resort-style pool, and fenced in dog run.  The beautifully updated studio, one-, two- and three-bedroom apartment homes are pet friendly. Each spacious apartment includes high-efficiency windows, gourmet gas cooktops and stainless steel appliances, restored antique hardwood flooring, custom Silestone quartz kitchen counters, and high-tech touches that include smart thermostats and keyless unit entry.  Other amenities include a Carriage House community room, art gallery and a wide variety of community events.

The latest milestone in the Urban Pace portfolio follows a record setting lease-up of The Aspen, a 133-unit building at 1011 4th St., NW, in the nation’s capital.

About Urban Pace

Urban Pace is the Mid-Atlantic leader in development real estate services including marketing, sales, leasing and advisory. As a Christie’s affiliate, we are the only firm with luxury and global reach. Founded in 2001, our team is the experienced authority having worked on more than 200 communities from large master planned sites to urban boutique buildings. We specialize in condominiums, townhomes, apartments and new construction sites across all price points. Combining our strategic approach and proprietary technology, UP Velocity™, we have a track record of driving traffic and revenue with extraordinary results.  As part of a billion dollar entity, The Long and Foster Companies, we have unmatched resources with a network of 11,000 agents and a dedicated Asia Pacific team.

For more information, please visit www.urbanpace.com or call 202-296-1203. Follow Urban Pace on Facebook, (www.facebook.com/urbanpace)  and Twitter (https://twitter.com/urbanpace)

About Oculus Realty

Oculus Realty, LLC, AMO® specializes in development, repositioning, lease-up and ongoing management of retail centers and apartment communities in Suburban Maryland, Northern Virginia and the District of Columbia. Our team is experienced at developing best-in-class property management operating teams and meeting the specialized needs of long-term, privately owned real estate portfolios. Oculus is a licensed real estate broker in Maryland, Virginia and District of Columbia.

For more information, please visit www.oculusreaty.com or call 301-563-9021. Follow Oculus Realty on Facebook, (www.facebook.com/oculusrealty), Twitter (https://twitter.com/oculusrealty) and LinkedIn (https://www.linkedin.com/company/oculus-realty-llc/).

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