OUR VISION

Proven expertise. Bold new ideas. 

MarBak Development knows real estate. Our partners have been in the industry for decades and understand what it takes to succeed. We’re creating value for our investors in the robust Washington, D.C. real estate market.

Who we are

We are a diversified real estate investment, development, capital, and management firm established in 2014. We capitalize on the strength and continued expansion of the D.C. area residential, multifamily, retail, and mixed-use markets.

We invest in projects whether our own or others. We have a keen eye for projects that will generate value. Our vertically integrated team and ecosystem of world-class partners minimize risk and help us succeed.

What we do

We’re building exceptional living spaces for up-and-comers in D.C., MD, and VA areas. We invest in and develop high-quality, low-risk projects that allow us to return capital and profits to investors.  We work with our partners to integrate third party independent reviews throughout the development process.  This includes Ryan+Wetmore as our development consultant, JLL as our owners agent responsible for ongoing inspection and verification, and Broadway Capital for risk performance management.

Our portfolio include long-term rentals, large mixed use and multifamily buildings, residential custom homes, and multifamily condos. They’re more than just vibrant communities—they’re smart investments. 

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OUR design & architecture SERVICES

Creating places where we live and thrive. Creating value for stakeholders and the community.

 Where you live is part of who you are. We design, finance, and or develop exceptional boutique condominiums, custom homes for sale, and multifamily/mixed-use residential buildings—all in key targeted neighborhoods and submarkets within the D.C. metro area.

 MarBak Development offers professional design, real estate development, property acquisition, project management, asset management, and enterprise risk management/risk performance management —delivered by a talented team from diverse professional backgrounds, with deep expertise in each of our service areas.

 Our specialties include:

  Pre-development and feasibility studies

●  Property investment and acquisition

●  Professional design and architecture residential and commercial 

●  Full end to end life cycle development Project management to include Phase 3 Development/Construction  and Phase 4 Ongoing Asset Management

 MarBak Capital

MarBak maintains strong relationships with investors, investment capital companies, insurance companies, family and sovereign wealth entities, strategic specialty brokers, lenders, private merchant banks, and trusts managing funds on their behalf and deploying capital where there are opportunities to create value. In 2017/18, We will have place 15M in equity and 70M in debt. With this access to capital and to the D.C. banking community, we offer a uniquely agile response to investments and projects.   We are looking for solid performing development projects to fund.  Additionally, we can place CMBS and balance sheet performing projects.  Most cases the owners wish to takeout cash.  

OUR TEAM

The skills to deliver.

Together, our senior leaders have more than 80 years of experience in the real estate business. Throughout those years, we’ve learned how to best position projects and structure transactions to maximize returns and mitigate risk. We bring this focused, pragmatic approach to every one of our projects, applying the right skills, experience, and capabilities to perform.  The principals of MarBak have extensive experience in architectural design, financial analysis, and project management for a variety of building types. 

James Baker brings a keen market awareness to the MarBak team. He is the President and Managing Partner at McNeill Baker, where he turned a failing high-end design and construction company into a profitable firm in less than 3 years.     James brings his understanding of construction materials and building codes, plus his experience coordinating architects, clients, and contractors to MarBak Development’s approach to residential design. 

James Baker brings a keen market awareness to the MarBak team. He is the President and Managing Partner at McNeill Baker, where he turned a failing high-end design and construction company into a profitable firm in less than 3 years.

James brings his understanding of construction materials and building codes, plus his experience coordinating architects, clients, and contractors to MarBak Development’s approach to residential design. 

James Baker, Co-Founder, VP of Design

Dan Mariottini drives dramatic change by building relationships based on passion and empathy. His honors are many, ranging from Cisco’s top 1% performance among global employees to an honor for innovation from Computer World Magazine. Dan was a leader for the Cisco Systems Smart + Connected Communities business unit for North, South, and Central America, where his primary focus was large, complex real estate development projects. One of these projects was the Waterfront Toronto project in Toronto, Canada. The project represented the mixed-use redevelopment of more than 2,000 acres of waterfront land, representing more than $5 billion in Canadian public investment and an additional $7 billion in private-sector development. Dan’s leadership also included detailed planning for the 2015 Pan Am Games on the waterfront. Additionally with Lake Nona development of Orlando.  Lake Nona is a 200,000 acre complex development building a city from open land in partnership with the Tavistock Group.  Dan has also been involved in large and small development projects in Miami, San Francisco, Jacksonville, Holyoke, Portugal, Cleveland, Charlotte, Tampa, Edmonton, India, China, and organizations like the Singapore Land Authority and Nemours Children's Hospital.  Dan has been been awarded 3 Computer World Innovation Honors Gold Medals for his Development Projects.  Member American Planning Association, Intelligent Community Forum, Planetizen, ULI, and District of Columbia Builders Industry Association.

Dan Mariottini drives dramatic change by building relationships based on passion and empathy. His honors are many, ranging from Cisco’s top 1% performance among global employees to an honor for innovation from Computer World Magazine. Dan was a leader for the Cisco Systems Smart + Connected Communities business unit for North, South, and Central America, where his primary focus was large, complex real estate development projects. One of these projects was the Waterfront Toronto project in Toronto, Canada. The project represented the mixed-use redevelopment of more than 2,000 acres of waterfront land, representing more than $5 billion in Canadian public investment and an additional $7 billion in private-sector development. Dan’s leadership also included detailed planning for the 2015 Pan Am Games on the waterfront. Additionally with Lake Nona development of Orlando.  Lake Nona is a 200,000 acre complex development building a city from open land in partnership with the Tavistock Group.  Dan has also been involved in large and small development projects in Miami, San Francisco, Jacksonville, Holyoke, Portugal, Cleveland, Charlotte, Tampa, Edmonton, India, China, and organizations like the Singapore Land Authority and Nemours Children's Hospital.  Dan has been been awarded 3 Computer World Innovation Honors Gold Medals for his Development Projects.  Member American Planning Association, Intelligent Community Forum, Planetizen, ULI, and District of Columbia Builders Industry Association.

Dan Mariottini, Founder, President 

David Stivaletta is a founding member of MarBak Development and has lead responsibility for complete end-to-end accounting functions. He has 20 years of experience with real estate accounting, financial management, trust management, portfolio management, fund management, and as overall controller overseeing accounting and tax preparation for commercial and residential real estate.    At Capitol Seniors Housing, David implemented proven accounting methods that resolved known issues with the balance sheet. He also implemented a system of internal controls to ensure proper authorization of treasury and banking transactions, and reconciliations to ensure accounts were measured appropriately. David then worked with the external accounting firms to streamline the tax preparation process, resulting in earlier tax filing than in previous years.  

David Stivaletta is a founding member of MarBak Development and has lead responsibility for complete end-to-end accounting functions. He has 20 years of experience with real estate accounting, financial management, trust management, portfolio management, fund management, and as overall controller overseeing accounting and tax preparation for commercial and residential real estate.

At Capitol Seniors Housing, David implemented proven accounting methods that resolved known issues with the balance sheet. He also implemented a system of internal controls to ensure proper authorization of treasury and banking transactions, and reconciliations to ensure accounts were measured appropriately. David then worked with the external accounting firms to streamline the tax preparation process, resulting in earlier tax filing than in previous years.  

David Stivaletta, Controller 

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  • Developing the Metropolitan D.C. Area 

BISNOW May 2018: Apple Looking at Northern Virginia for a new 4M SF Campus to bring 20,000 jobs and will invest of 300M

Amazon HQ2 has shortlisted 3 sites in the Washington region.  We are well placed to leverage this.  We are also working closely with the development group for the short listed NJ/NY project.  

Curtis Wakeman March 2018: "Washington DC is the top tech. city for Amazon HQ2 and is third overall behind San Jose and San Francisco".

"The Washington Metro region cracks the upper echelon of the US News & World Report's 2017 Best Places to Live at No. 4 out of 100 behind only Austin, Denver, and San Jose."  Average salary of $65,910 versus national average $48,320. Cost of living medium.  Population 5,949,403 and 3.9% Unemployment.  Average age 36. Metro region expected to grow by an additional 1 Million in next 10 years.  Value, desirability, and quality of life 7.3 out of 10." Clearly the one place to be on the East coast!  Ac

According to Business & Finance June 2017 Top Tech Cities in the US  national ranking "Washington DC Metro Area is number three out of 20 major cities behind San Jose at number  and San Francisco at number 2"

The Brookings institute March 2017 stated that "The DC region has the second highest median income in the country at $46,506.  It sits behind only San Jose, Sunnyvale and Santa Clara: the silicon valley"

An established and growing metropolis: DC's built-in attractions, a walkable urban plan, public transportation, and picturesque neighborhoods-make its stock rise.  Just two years ago, Forbes recognized the changes and named it the "coolest city in the nation", praising the dining, entertainment, and high amenities.

The Washington, D.C. real estate market is one of the most secure in the world. When other markets suffered during the recession in 2008, metropolitan D.C. prospered. Today, it is the 6th largest city in America, and is expected to add jobs and people faster than the national average.  The Metropolitan Council of Governments estimate 42% growth by 2045.

Consider:

●  In July 2016, rents in Washington, D.C. grew at a rate of more than twice the national average

●  In May 2016, Colliers International reported that the D.C. economy will continue to grow by 14.4% over the next 5 years

●   The number of deals made by foreign investors in the D.C. metropolitan area has tripled in the last 2 years, due to stable high and growing demand exceeding unit absorption

●  According to the American Community Survey, from 2006 to 2014, the rental housing unit supply in the D.C. metro area grew 24%, while the rental population grew 35%. This trend is expected to continue for the next 7 to 10 years

●  7 of the 10 wealthiest counties in America are located within the D.C. metro area. The area is also America’s most educated (26% of residents have postgraduate degrees) and most employed (unemployment rate is 5.4%)  

●  Metropolitan D.C.’s new denizens will be young, educated, and affluent. And their demand for housing, especially multi-family rental units, will exceed existing supply

●  The majority of metropolitan D.C.’s growth will be concentrated in neighborhoods such as Georgetown, Capitol Hill, Logan Circle, Eckington, and NoMa, as well as the gold coast of Arlington along the Metro line. MarBak Development’s project portfolio aligns precisely with these high-growth areas 

OUR PARTNERS

A visionary network.

MarBak Development works with leaders in D.C. real estate. Our partners are experts at managing and assessing risk, with a focus on metrics, return on equity, and cash generation.

We value our partner ecosystem. Our partners are not only critical members of our investment and development team—they also bring us investment and joint venture opportunities and projects.

Our combined knowledge, capabilities, and proven track record allow us to work as an integrated development team. Together, we invest in and develop exceptional places to live, deliver remarkable returns by focusing on cash, and proactively identify and mitigate risk.

Ryan+Wetmore is a leading provider of professional services to the real estate industry in the D.C. metro area. They serve as MarBak Development’s development consultant, focusing on project financial modeling, using the industry-standard tool Argus to create high-quality deals, as well as assisting with due diligence, capital finance, deal structure, accounting, and tax. R&W’s Pete Ryan is a key member of MarBak Development’s leadership team and investment committee.  

Ryan+Wetmore is a leading provider of professional services to the real estate industry in the D.C. metro area. They serve as MarBak Development’s development consultant, focusing on project financial modeling, using the industry-standard tool Argus to create high-quality deals, as well as assisting with due diligence, capital finance, deal structure, accounting, and tax. R&W’s Pete Ryan is a key member of MarBak Development’s leadership team and investment committee.  

Eagle Bank is Marbak's banking partner. Eagle is a local commercial bank focused in the Washington, DC metropolitan area. They boast $6.08 billion in assets, a 5-star Bauer Financial Rating, and have the #1 deposit market share among community banks headquartered in the DC region. Critical for Marbak, they have a dedicated team focused on real estate development across residential, multifamily, mixed use, and commercial. 

Eagle Bank is Marbak's banking partner. Eagle is a local commercial bank focused in the Washington, DC metropolitan area. They boast $6.08 billion in assets, a 5-star Bauer Financial Rating, and have the #1 deposit market share among community banks headquartered in the DC region. Critical for Marbak, they have a dedicated team focused on real estate development across residential, multifamily, mixed use, and commercial. 

Broadway Capital LLC is the strategic capital partner of MarBak Development LLC.  Together we work as an integrated team to identify, raise, control, and deploy capital to MarBak investment and development projects.  Broadway Capital LLC works with and supports MarBak Development LLC in the effective management and oversight of the MarBak Development Real Estate Trust.  Additional services include the development and implementation of strategic protocols, insurance protocols, enterprise risk management/risk management performance & scorecards.  

Broadway Capital LLC is the strategic capital partner of MarBak Development LLC.  Together we work as an integrated team to identify, raise, control, and deploy capital to MarBak investment and development projects.  Broadway Capital LLC works with and supports MarBak Development LLC in the effective management and oversight of the MarBak Development Real Estate Trust.  Additional services include the development and implementation of strategic protocols, insurance protocols, enterprise risk management/risk management performance & scorecards.  

 
McNeill Baker has completed more than 400 successful projects in the D.C. area. Their team has experience across custom homes and semi-detached, multifamily, and mixed-use residences. They follow an industry-standard process across all phases of work, from feasibility study and concept design to entitlements, architecture/design, permitting, and contract administration.    Their principal architect, Roxanne Edwards, has led design on iconic structures including the Mandarin Oriental Hotel in Washington, D.C., the Plaza America in Reston, and the NRECA headquarters in Ballston. President Jim Baker is a key member of MarBak Development’s leadership team and investment committee.

McNeill Baker has completed more than 400 successful projects in the D.C. area. Their team has experience across custom homes and semi-detached, multifamily, and mixed-use residences. They follow an industry-standard process across all phases of work, from feasibility study and concept design to entitlements, architecture/design, permitting, and contract administration.

Their principal architect, Roxanne Edwards, has led design on iconic structures including the Mandarin Oriental Hotel in Washington, D.C., the Plaza America in Reston, and the NRECA headquarters in Ballston. President Jim Baker is a key member of MarBak Development’s leadership team and investment committee.

JLL is MarBak’s Development Consultant and Construction Monitor, providing oversight for all of our projects. They have worked on both mid-size and billion-dollar real estate projects, and have developed repeatable processes and tools that minimize risk and maximize return. 

JLL is MarBak’s Development Consultant and Construction Monitor, providing oversight for all of our projects. They have worked on both mid-size and billion-dollar real estate projects, and have developed repeatable processes and tools that minimize risk and maximize return. 

Century 21 Fine Homes & Estates New Millennium is the gold standard for marketing consulting and commercial multifamily in the D.C. real estate market. As a broker, they have experience working with onshore and offshore investors and development companies. They know where the market has been and where it’s going—and know good and bad deals when they see them.   Jack Shoptaw is a key member of the MarBak team.

Century 21 Fine Homes & Estates New Millennium is the gold standard for marketing consulting and commercial multifamily in the D.C. real estate market. As a broker, they have experience working with onshore and offshore investors and development companies. They know where the market has been and where it’s going—and know good and bad deals when they see them.   Jack Shoptaw is a key member of the MarBak team.

Century 21 New Millennium,
Broker & Marketing

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Your Opportunity

 

Join us.

Claim your piece of the lucrative D.C. real estate market. MarBak Development seeks investors to support low- to medium-risk projects with competitive returns. We have more than 20 projects already in our development pipeline, with more coming in every week.

We leverage institutional and private capital more efficiently than other firms. Both internally and with our partners, we focus on safe return of investor equity, cash generation, and delivery of exceptional products. 

We have the right location. The right experience. The right team. And a focus on sound business analysis, judgment, and accountability. Now all we need is the right investment partner. Contact MarBak Development today to learn about current investment opportunities. 

 
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MARBACK CAPITAL

MarBak Real Estate Development Trust

 

MarBak Development through its partner the MarBak Real Estate Development Trust has put in place a secure, structured, and efficient method for capital investment and deployment.  

The Trust is an independent entity that will evaluate investment, acquisition, and development opportunities.   

INTERESTED IN LEARNING MORE?

Contact our principal directly.


Daniel W. Mariottini
President and Founder

Marbak Development
1401 Chain Bridge Road / Suite 201 / McLean Virginia, 22101

1424 Q Street North West / Washington DC, 20009

main. 703-992-9707
direct.   202-695-1340
mobile.  202-255-2134

e.   Daniel@MarBakdevelopment.com