18B — October 27 - November 9, 2017 — Owners, Developers & Managers — M id A tlantic

Real Estate Journal


O wners , D evelopers & M anagers

ASHINGTON , DC — Marcus & Millichap an- Sells for $1.45 million, about $100,000 above the proposed list price Webb Group of Marcus & Millichap represents seller &procures buyer inDC apartment asset sale W current four stories and four units to a five-story, five-unit building.

The Logan is located at 1312 13th St NW in Wash- ington, DC, just one block south of Logan Circle. The 2,840 s/f building features four separately metered one-bedroom, one-bathroom units. Bryn Merrey , senior vice president / division manager of the firm’s Mid-Atlantic and Southeast regional op- erations, served as the bro- ker of record on the transac- tion. n continued from page 10B F i g h t b a c k against cyber- c r ime , da t a breaches and hacker attacks line defense against hackers, blocking everything not spe- cifically allowed to enter (or leave) a computer network. Like systems and applications, firewalls need ongoing moni- toring and regular updates as part of a company’s routine IT maintenance. 8. Implement advanced end- point protection. End points are personal computers, network servers and other devices connected to the Internet. When they are exposed, systems and data be- come vulnerable. Unlike tra- ditional anti-virus solutions, advanced end-point protection platforms do not require prior knowledge of an attack in or- der to detect and remediate it. They apply machine learning and artificial intelligence to continuously outflank attack- ers. As such, they are even ready to stop threats that do not yet exist. The Bottom Line Cybercrime has become so widespread that it may not be possible for any busi- ness – large or small – to avoid being a target. A virtual army of hackers and sophisti- cated crime rings are working around the clock to overcome known protections. The good news? All of the above safe- guards are easy and inexpen- sive to implement. By doing so, you can protect your data, your reputation and your business. Michael Mullin is presi- dent of Integrated Busi- ness Systems in Totowa, NJ. n

“Investors who desire to hold similar assets in desir- able locations within the District can expect to gener- ate consistent income long- term with little manage- ment,” said Webb. “Given the location of these apart- ments in Logan Circle and the demand for additional housing, we tailored our marketing campaign for investors seeking opportuni- ties in condominium devel- opment.”

nounced the sale of The Lo- gan, an apartment building located in Washington, DC. The asset sold for $1.45 mil- lion, about $100,000 above the proposed list price. Multifamily investment specialist Cameron Webb , of the Webb Group of Mar- cus &Millichap represented the seller and procured the buyer, Acumen Companies. The buyer plans to renovate and add on to the existing building, taking it from the

The Logan


represented owners, managers and developers for over 40 years in all aspects of real estate matters including:

We invite you to call Bruce E. Gudin, Esq. at 973-643-0040 Ext.104 to discuss your next matter. Visit our website at www.epgp-law.com.

• Landlord/Tenant • Land Development • Tax Abatements & Appeals • Real Estate Litigation • Municipal Court Building/Housing Code Violations Representation • Partnership/Corporation/LLC Arrangements • Construction and Architect Contracts • Closings • Construction and Lien Claim Litigation • Tax Free Exchanges and Tax Planning • DCA Violation Representation


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