Bogdan Builders' CityScape on Belmont Sells Out According to McWilliams|Ballard

WASHINGTON, DC, Feb 15 (MARKET WIRE) --
CityScape on Belmont, a 28-unit condominium community located between
Columbia Heights and the U Street corridor, has sold and settled all of
its units according to McWilliams|Ballard. CityScape on Belmont combines
a classic row-home styled exterior with modern interior designs featuring
sweeping city views, unique split-level floorplans, ceiling heights of
10-15 feet, GE Cafe(TM) series stainless steel appliances, European-style
cherry cabinets, granite countertops and hardwood flooring throughout.

Developed and built by Bogdan Builders, CityScape on Belmont is
conveniently located just three blocks from the U Street/Cardoza metro
station and moments from the newly opened DC USA, featuring such national
retailers as Target, Best Buy and Bed Bath & Beyond. Bogdan Builders and
McWilliams|Ballard launched the sales of the project in late 2008, at a
time when few new construction projects were beginning sales.

Despite beginning sales in the midst of a national economic crisis,
McWilliams|Ballard and Bogdan Builders were able to develop a strong
marketing strategy based on a well-developed quality product with
sensible pricing. This successful strategy resulted in the rapid sell-out
of CityScape on Belmont, ranking it as one of the top 20 selling
condominium communities in the Washington Region, according to
McWilliams|Ballard's Midyear 2009 Washington Metro Area Condominium
Market Overview.

"Having worked with Bogdan Builders previously on Logan Station, a
63-unit condominium located in Logan Circle, we were confident that we'd
be successful at Cityscape on Belmont," says Ross McWilliams, Principal
at McWilliams|Ballard. "McWilliams|Ballard's progressive approach to new
home sales and marketing combined with Bogdan Builder's reputation for
delivering a quality product enabled us to overcome a difficult economic
environment and quickly sell out the community."

About McWilliams|Ballard
McWilliams|Ballard, headquartered in
Alexandria, VA, is a progressive sales and marketing firm specializing in
multi family housing. The firm creates partnerships with developers and
builders to provide start to finish sales and marketing solutions as well
as effective consulting and market research. While based in the
Washington, DC Metropolitan Area, the firm's experience is wide ranging
with successful work in ten states nationwide. Founded in 1996,
McWilliams|Ballard has quickly become one of the most successful real
estate and marketing firms on the East Coast.

Real Trends 500 -- the annual research report which names the country's
largest and most successful residential real estate firms, has identified
McWilliams|Ballard as one of the two largest sales firms in the country
whose sole focus is new project development. In 2008 The Washington
Business Journal ranked McWilliams|Ballard the 5th largest Residential
Real Estate Company in the Washington Metropolitan Area.

Media Contact:
Ross McWilliams
McWilliams|Ballard
703.535.5550
Email Contact

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