JOINT VENTURE PARTNER
THE BERNSTEIN COMPANIES
The Bernstein Companies owns and operates office, hotel, and multifamily properties focused in the mid-Atlantic region. They are one of Washington, D.C.'s oldest real estate investment, ownership, management, and development organizations. For more than 80 years, the firm has demonstrated a virtually unparalleled track record of diversified business success. As a vertically integrated, full service operating company, The Bernstein Companies draws upon diverse resources and expertise to execute a comprehensive approach to creating long-term asset value in their residential, office, and hotel portfolio.
Today, The Bernstein Companies is focused on strategic acquisitions, ground up developments, and investments, as well as the management of its hotel and commercial properties. The company builds upon the theme of developing and holding assets long term, as evidenced by the pipeline of projects that include the construction of over 300 residential units, hotel and mixed-use development and conversions, and over 400,000 sf of office development.
Most notably, The Bernstein Companies developed Marriott International’s flagship Marriott Hotel, Marriott Downtown Bethesda at Marriott HQ as part of the $600 million headquarters campus in downtown Bethesda, MD. The property opened as Marriott's 8000th hotel opening in March 2022. The master development includes the 785,000 sq. Ft. Headquarters building (which TBC Hotels is co-developing with Boston Properties BXP), the Marriott Hotel, underground parking to accommodate almost 1,000 vehicles, and a plaza connecting the two buildings serving as an open, public connection between Wisconsin and Woodmont avenues.
Not only does the company have the institutional capital and entrepreneurial flexibility to act expeditiously when an opportunity presents itself, but it also brings a unique blend of marketplace knowledge, perspective, and business savvy to all of its investment and management decisions. The Bernstein Companies is poised to add value to its commercial and hotel portfolios, land holdings, and equity investments as it moves forward into the 21st century.