Tuesday, June 07, 2011

Miller New Director of Real Estate Development for the Office of the Deputy Mayor for Planning and Economic Development


Jeff Miller assumed the role of Director of Real Estate Development for the Office of the Deputy Mayor for Planning and Economic Development, yesterday, June 6th, confirms communications director Jose Sousa.

Miller founded Prospect Diversified in 2009 - a multi-family-property investment company - upon his exit from Trammel Crow, in October 2008. Prior to working with Trammel Crow, Miller spent a year and a half with Lowe Enterprises, after a five-year stint with JBG, from 2000 to 2005.

Miller first forayed into real estate in the early '90s, when, as he says, "the majority of the players were smaller, entrepreneurial groups capitalized with third party joint venture partners" before the industry "transitioned to fund-based and institutional capital, closer in form to investment bank or private equity funds."

He too went big - JBG, Lowe, Trammel Crow - from 2000 to 2008 and worked on a number of significant residential projects in the DC area before the market collapse.

For the last few years Miller has been focused on both his return to start-up, real estate enterprise, and the development of the Mount Vernon Triangle area as chairman of the Mount Vernon Triangle Community Improvement District, a private nonprofit.

D.C. Real Estate development news

2 comments:

Carl on Jun 10, 2011, 4:11:00 PM said...
This comment has been removed by a blog administrator.
Anonymous said...

Miller brings transactional ability and professionalism to this position. He has actual development projects under his belt, a good track record on those projects...... and no baggage - good hire Mayor Gray.
Just maybe this guy can get some cranes in the air on city controlled but stalled deals.

 

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