History

1933

One of D.C.’s oldest commercial real estate investment, management and development firms, The Bernstein Companies, was formed by Leo Bernstein with an emphasis on investing, financing, and property management services.

1972

The company began a 15-year run as the largest Condominium Conversion Developer in Washington D.C., including The Colonnade, Foxhall, Cathedral, Carlyle, Greenbriar and more  

1992

Millbank Partners Investment Fund was formed by TBC to capitalize on the real estate recession of the early 90’s, purchasing properties and loans from the Resolution Trust Corporation (RTC). 

2003

TBC launched Consortium Capital, entering into the tax credit syndication marketplace, including participating in New Market, Historic, and Energy tax credits.

2015

TBC expanded its Hotel and Residential Portfolios with brand new developments of an Aloft Hotel in Raleigh, NC, and a boutique 187-unit class A multifamily project adjacent to Washington D.C.’s Southwest waterfront. 

2022

TBC completed the development of the 1 million square foot Marriott International HQ and adjacent flagship hotel in Downtown Bethesda, MD on a site they owned and assembled over 30+ years

1960

Stuart A. Bernstein took over in 1960 shifting the company’s focus to garden apartments, traditional multifamily, and introduced commercial office building development

1985

Bernstein expanded into the hotel business purchasing its first two hotels. The hotels were located in Bethesda, MD on Rockville Pike and Wisconsin Ave, the latter which was the first part of an assemblage that ultimately became the site for Marriott’s Corporate HQ.

1997

Adam K Bernstein was named President of the company, and over the next decade the company raised a series of Private Equity funds that executed over $1+ billion of transactions across office, multifamily and retail assets.

2006

Consortium Atlantic Realty Trust, a private REIT, was formed by TBC to invest and own legacy assets. 

2018

The Bernstein Companies bought an historic office building in suburban Washington D.C. with the plan to convert it into a 338-unit market rate multifamily project. This was the first in a series of office to multifamily adaptive reuse conversions, which now totals over 1500 units completed or currently under development.

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1933

One of D.C.’s oldest commercial real estate investment, management and development firms, The Bernstein Companies, was formed by Leo Bernstein with an emphasis on investing, financing, and property management services.

1960

Stuart A. Bernstein took over in 1960 shifting the company’s focus to garden apartments, traditional multifamily, and introduced commercial office building development

1985

Bernstein expanded into the hotel business purchasing its first two hotels. The hotels were located in Bethesda, MD on Rockville Pike and Wisconsin Ave, the latter which was the first part of an assemblage that ultimately became the site for Marriott’s Corporate HQ.

1972

The company began a 15-year run as the largest Condominium Conversion Developer in Washington D.C., including The Colonnade, Foxhall, Cathedral, Carlyle, Greenbriar and more  

1992

Millbank Partners Investment Fund was formed by TBC to capitalize on the real estate recession of the early 90’s, purchasing properties and loans from the Resolution Trust Corporation (RTC). 

1997

Adam K Bernstein was named President of the company, and over the next decade the company raised a series of Private Equity funds that executed over $1+ billion of transactions across office, multifamily and retail assets.

2003

TBC launched Consortium Capital, entering into the tax credit syndication marketplace, including participating in New Market, Historic, and Energy tax credits.

Night Exterior

2006

Consortium Atlantic Realty Trust, a private REIT, was formed by TBC to invest and own legacy assets. 

2015

TBC expanded its Hotel and Residential Portfolios with brand new developments of an Aloft Hotel in Raleigh, NC, and a boutique 187-unit class A multifamily project adjacent to Washington D.C.’s Southwest waterfront. 

2018

he Bernstein Companies bought an historic office building in suburban Washington D.C. with the plan to convert it into a 338-unit market rate multifamily project. This was the first in a series of office to multifamily adaptive reuse conversions, which now totals over 1500 units completed or currently under development.

2022

TBC completed the development of the 1 million square foot Marriott International HQ and adjacent flagship hotel in Downtown Bethesda, MD on a site they owned and assembled over 30+ years

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