Walnut Street Development


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Multifamily Executive 07.22.05

Body Work (PDF)

Rainbow Autobody Shop gets a facelift.

Washington Post 05.21.05

Everybody's an Investor Now (PDF)

For the past few years, it has been a way to make easy money: Sign a contract to buy a property when it is still nothing more than a few squiggles on a builder's plans. Then, when there are four walls and a floor, or even before, flip it to another buyer, making a profit without ever moving in or even being a landlord.

Washington Business Journal 02.04.05

Bobby Montagne featured in the People and Community Section of the Washington Business Journal (PDF)

Montagne, who grew up in Fairfax, started Walnut Street Development in 1997. It was a time when real estate didn't seem like the best investment. But by then, after a couple of years as a senior development officer at Sunrise Assisted Living, he decided he'd had enough of working for someone else, so Montagne started working for himself.

Bloomberg News 01.12.05

Buyers Have ‘Faith’ Home Prices Outpace Stock Market (PDF)

In the hottest U.S. real estate markets, including the Washington area, where average prices rose 22 percent in the year ended Sept. 30, investors such as Maltzman expect better returns from real estate than from equities.

The Washington Post 12.20.04

From Showrooms to Showplaces (PDF)

D.C.’s ‘Auto Row’ Being Remodeled Into Trendy Neighborhood

Washington Spaces

New Condos and Townhouses Create Cosmopolitan Spaces (PDF)

Walnut Street Development's 'Rainbow Lofts', a former auto body shop, are now 21 unique condos near Logan Circle.

Washington Times 09.17.04

Homes Convenient To Clarendon Metro (PDF)

Walnut Street Development, Fountain Square Properties and the Carlyle Group are building 419 condominium homes—Clarendon 1021—at 1021 N. Garfield St. in Arlington, two blocks from the Clarendon Metro station and within walking distance of shopping, restaurants and night life.

Washington Blade 08.06.04

Somewhere over the ‘Rainbow’ (PDF)

Developers of the Rainbow Lofts are transforming an auto body shop into condos to attract a young, hip clientele.