StonebridgeCarras, LLC is a privately held real estate investment and development firm that engages in the acquisition and development of properties in the Greater Washington/Baltimore region. StonebridgeCarras is managed by George A. Carras and Douglas M. Firstenberg. During the past twenty years, the principals of the firm have been involved in real estate transactions in the Washington area exceeding $5 billion in value.
StonebridgeCarras currently focuses on high quality mixed-use projects – office, retail, residential and hotel – that realize the broad benefits of transit-oriented development. These projects generally are complex due to their urban locations, proximity to mass transportation, sustainable design and the need to integrate a living, working and shopping environment. The firm has managed the planning, design and development of sites ranging from prime locations next to mass transit in the heart of Bethesda and Washington, D.C. to the redevelopment of industrial/warehouse facilities.
StonebridgeCarras’s background in real estate acquisitions, finance and joint ventures, land entitlement, project design and development, and investment management allows the firm to mitigate and manage the risks inherent in real estate and implement innovative strategies balanced with a realistic approach. The end results are attractive risk adjusted returns and the creation of assets that complement the local community.