D.C.’s newest public company, Public Policy Holding Co., aims to continue its rapid clip of acquisitions, now armed with $50.8 million in fresh capital following an initial public offering …
Like many government affairs, public relations and strategic communications firms, PPHC got its start in D.C. and maintains its headquarters at 800 North Capitol St. NW, but through acquisitions it has added offices in other U.S. cities as well as in London, Shanghai, Abu Dhabi and Dubai.
Monumental Sports & Entertainment will remake the club level of Capital One Arena into a two-level hospitality space containing a multitude of dining and seating options — something execs believe will differentiate the venue from others in the U.S.
The new club level, dubbed the Halo, comes as part of the now $1 billion remake of the downtown D.C. arena. The Halo will debut ahead of the 2027–28 seasons for the Washington Wizards and Capitals and promises to offer ticket holders a variety of culinary and seating options to keep visits to the arena fresh.
For more on the Capital One Arena renovations, check out our conversation with Monumental Sports & Entertainment’s Zach Leonsis:
D.C. health care startup Chamber Cardio Inc. has raked in $60 million in fresh funding to accelerate its expansion — to add partnerships with insurance companies and cardiology practices across the U.S. to improve care for heart disease patients.
The company, which announced the Series A round Wednesday, said the capital injection positions it to enter more states, hire more people, grow its footprint and elevate its technology platform.
American University’s Kogod School of Business has boosted enrollment and raised millions in funding due in large part to a push to ensure students become proficient with artificial intelligence tools ahead of graduation.
Dean David Marchick, who served as a managing director at The Carlyle Group Inc. before starting the role in 2022, told me Kogod has brought in $37 million in fundraising during his tenure so far compared with $8.5 million in the five years prior.
Freshman enrollment across the school’s undergraduate programs has also risen, now up 39% from 2022 to 251 students, he said. Applications are upas well, climbing 45% over the past three years, which Marchick attributed to the school’s effort to market its AI focus.
“Here we are in the most compelling entry point for real estate investing since 1993,” said The Meridian Group Chief Investment Officer Gary Block, referring to the later stages of the savings and loan crisis.
“We are in a new era, a new cycle of investing in real estate,” Block added, speaking Thursday at _Bisnow_’s DMV Economic and Political Forecast at 1050 17th St. NW.
TMG invested $150M last year, Block said, … And he said it plans to spend another $300M on properties in the region this year.
Menkiti Group CEO Bo Menkiti, whose company focuses on D.C.-area multifamily, said the presence of the federal government has historically made investors view D.C. as a safe place to put money, but the political “turmoil” of the last year has changed that.