Contact Us
News

15 Things You Need to Know This Morning

Bisnow Morning Brief Washington DC

If you don't
see the cool
pictures, please click here!

15 Things You Need to Know This Morning

What You Don’t Know About David Cheek

Title: President, The Meridian Group
Photo: Thanksgiving in Chesterfield, SC, with wife, Kathy, daughter, Liz, and future son-in-law, Wilson.  
Company: Private equity/local operator business model. 16-person firm has acquired and developed 10M SF, totaling $3.5B in value, since 1993.
Memorable project: Bethesda Metro Center – 365k SF office building and 390-room Hyatt Regency Hotel. Acquired in 1999, recapitalized/sold five times over 12 years.
Current project: Greensboro Station – three buildings, 640k SF on Greensboro Drive and near new Greensboro Metro in Tysons. Acquired from SAIC in 2013 after split. $30M renovation and increased leasing from 26% to 60% in 15 months, including 130k SF Cvent HQ. Meridian also plans to develop 13-acre adjacent site into 3.2M SF mixed-use town center.
Grew up: Frankfort, KY – state capitol between Lexington and Louisville. 
Current home: Spring Valley in DC.
Why DC: Job offer from campus recruiter, while at Darden, to work in Prudential Insurance Company’s DC real estate investment office.
Schools: Centre College and UVA Darden School (MBA).
First job: At 15, worked on horse farm breeding race horses – assigned to mare duty.
Daily habit: WSJ editorial page.
Favorite apps: Parkmobile and Uber.
Favorite movies: Christmas Vacation, Old School, Risky Business, Ferris Bueller's Day Off, and Super Bad.
Favorite TV show: Anything on Golf Channel.
Favorite restaurant: La Chaumiere (Georgetown).
Favorite music group: Rolling Stones.
Favorite vacation spot: Nantucket. 
Guilty pleasure: Peanut M&Ms.
Bucket list: Hike Cinque Terre (Italian Riviera) with wife on 40th anniversary.
Family: Married to Kathy and two adult children.
Hobbies: Golf, skiing, biking, and travel.
Startling fact: Still use a flip phone!

15 OTHER THINGS YOU NEED TO KNOW THIS MORNING

Qatar Investment Authority to Make Strategic Investment in Brookfield Property Partners
Key Tenant Departure Transfers $203.3M Alexandria CMBS Loan to Special Servicing
Property Group Partners Wants to Close Highway between New York Ave and D St, NW
Reston Square's New Owner
Loudoun County & The Dulles Corridor (Dec. 17)
Principal Global Investors to Acquire 2401 Pennsylvania Ave, NW for $74M
Commercial Real Estate Declines Put Pressure on Fairfax Co Budget
Quiz for DC Real Estate Pros
Watergate Hotel to Reopen After $125M Renovation
Get Bisnow Education’s Latest Video: Real Estate Jargon Explained
Starbucks’ New Roastery Format Coming to DC
Steve Silverman Resigns as Economic Development Director
Tex-Mex Chain Chuy's Plans a Bunch More DC-Area Eateries
321,000 New Jobs in November Far Exceeds Expectations; Housing Makes Impressive Recovery
Long-Term TRIA Deal in the Works

© 2014, Bisnow LLC, 1817 M St., NW, Washington, DC 20036. All rights reserved.

To UNSUBSCRIBE from future emails or to modify your email subscription preferences click here.