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This profile was last updated on 11/6/14  and contains information from public web pages and contributions from the ZoomInfo community.

Partner

Local Address: Washington, District of Columbia, United States
Roadside Development LLC
STE 512, 1730 RHODE ISLAND AVE NW
WASHINGTON, District of Columbia 20036
United States

Company Description: Roadside Development utilizes its successful team-oriented strategy with regard to the acquisition of assets, land-use planning, site development, construction...   more
Background

Employment History

25 Total References
Web References
Roadside Development LLC | Team
www.roadsidedevelopment.com, 6 Nov 2014 [cached]
Armond Spikell
Armond Spikell, a partner at ...
www.eb5exclusive.com [cached]
Armond Spikell, a partner at Roadside Development, which is using EB-5 money to help fund its $260 million development in Northwest D.C., said that the EB-5 program provides early stage equity. This type of equity is difficult to get for new construction projects in underdeveloped areas, according to Spikell. After doing some research on the EB-5 visa program, Spikell thinks it mades sense.
Industrial & Investment Real Estate Brokerage
samarinindustrial.tumblr.com, 4 Nov 2013 [cached]
"Crowdfunding seems like it would be a great way for a retailer or restaurateur to raise money from enthusiastic customers," Armond Spikell, a founding partner of Roadside Development, a Washington DC-based real estate firm. "The $1 million limit means that that a real estate project can't be larger than about $4 million or $5 million total, assuming 25% equity and 75% debt.
"Crowdfunding could save 17% of a $1 million profit on a small deal or about $170,000," Spikell said, but asked, "Is the a lower cost of capital, say 8% for crowdfunding versus 25% for a typical equity partner worth it if you have to deal with 10 to 50 partners on a small deal?"
"This is a project that is ...
dc.curbed.com, 9 Nov 2011 [cached]
"This is a project that is long overdue," said Armond Spikell, another partner of Roadside Development.
...
Roadside Development ("Roadside"), is a Washington D.C.-based development company, formed more than 13 years ago by Richard Lake, Armond Spikell and Todd Weiss.
"This is a project that is ...
www.marketwatch.com, 14 Nov 2011 [cached]
"This is a project that is long overdue," said Armond Spikell, another partner of Roadside Development.
...
Roadside Development ("Roadside") is a Washington D.C.-based development company, formed more than 13 years ago by Richard Lake, Armond Spikell and Todd Weiss.
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