Our Story

Redbrick was founded in 2003 by Tom Skinner, a PhD in economics from MIT, who had developed an algorithm to better understand the value of single-family homes. He was joined in 2005 by William Passmore who had spent fourteen years as a strategist and partner at McKinsey & Co advising leaders in a variety of industries. Together they assembled a portfolio of single-family homes for rent, one of the pioneers in this very popular asset class today. Their research, including the algorithm previously developed, suggested that home prices had become inflated which prompted them to begin divesting the portfolio in 2007. Subsequently, Redbrick transitioned its focus to large-scale development projects and acquiring income-producing assets in the Washington DC area.

Louis Dubin, former co-founder of Athena Group and CEO of LMD Worldwide and a fourth-generation DC-area real estate developer, merged LMD Worldwide with Redbrick in 2013. As a combined firm, they set out to acquire land near the Metro green line in DC with the investment premise that growth in DC would follow this key public transportation path. Together, they assembled a portfolio of 6+ million sq feet under development or control in DC, creating a large-scale urban neighborhood at the Bridge District as an extension to the Capitol Riverfront and leading a transformation at St. Elizabeths East in Congress Heights among other projects.

Relationships built through Redbrick’s development projects opened the door to national security and defense-related projects, both in DC and across the country. Redbrick has or is currently developing three public/private projects in conjunction with federal and local government agencies and has several more awards in the pipeline.

“We are proud to work closely with our partners in all branches of the military, the Department of Energy, and the national labs to develop resilient solutions which enhance the critical mission of national security, specifically in the areas of maritime, energy infrastructure, and data.”

– Louis Dubin, Managing Partner

We Believe Responsible Development And Value Creation Are Complementary Goals

We believe a focus on sustainability creates both a cleaner environment and
long-term value for our buildings. Today Redbrick has multiple residential buildings under design, development or construction that will be built to a Zero-Carbon standard and are pursuing International Living Future Institute (ILFI) and LEED Platinum certification – all of which are located in Ward 8 of Washington DC, placing DC on the map as a leader in reducing carbon emissions.

We seek to anticipate tomorrow’s lifestyle trends as well as local regulatory change that may have higher sustainability requirements and build leading-edge projects in accordance with those trends. We believe a focus on decarbonization may be accretive to value for several reasons including the potential of quicker lease up, higher net operating income due to energy efficiency and an attractive exit value as a result of local regulatory change and institutional demand, among other considerations.

2003

Tom Skinner founded Redbrick Partners with the intention of institutionalizing investment in the single-family housing asset class. William Passmore joined as a Managing Partner in 2005.

2013

Louis Dubin, founder of LMD Worldwide, merges with Redbrick to form Redbrick LMD.
Acquired first piece of land that becomes the Bridge District. Subsequent parcels, totaling eight acres, purchased in the years to follow.
Redbrick builds 290 multifamily units at Beacon of Groveton.

2014

Named Master Developer, Phase I, at St. Elizabeths East by the District of Columbia

2015

Acquired the Amberleigh and Vistas–2,275 unit “workforce” multifamily portfolio in Northern Virginia.

2016

Sold Beacon of Groveton.

2019

As Master Developer, Redbrick and its development partners delivered 252 “affordable” multifamily units at St. Elizabeths East.
Awarded Phase II of St. Elizabeth’s East new town center.
Sold the Edgemoore apartments to Nuveen.

2021

Began construction on a medical services building with Whitman-Walker Health as the anchor tenant, at St. Elizabeths East, located in an Opportunity Zone.
Commenced construction on District Towns, 88 for-sale townhomes at St. Elizabeths East.

2022

Commenced construction on Bridge Commons, Phase I of the Bridge District, a 757-unit multifamily property with retail and underground parking located in an Opportunity Zone.
Began construction on the first mass timber commercial building, Sycamore & Oak, at St. Elizabeths East, in partnership with Emerson Collective.
Delivered the Whitman-Walker Health medical services building.
Delivered first phase of District Towns.

2023

Sycamore & Oak, mass timber retail pavilion, opened with 13 local minority-owned businesses as tenants.
Whitman-Walker Health opened to the public, serving over 10,000 local residents.

2024

Redbrick acquired via a long-term ground lease, 15 waterfront acres occupied by the U.S. Navy since the 1800’s.
Completed final sales of District Towns at St. Elizabeths East.
Acquired the Alabama Shipyard, located in Mobile, AL, in partnership with CapZone Impact Investments.

2025

Bridge Commons, at the Bridge District, the largest multifamily building in the world to seek ILFI Zero Carbon certification, begins lease up.
Secured final zoning beyond appeal on the Redbrick Navy Yard project.

2026

Commenced construction on Phase II at the Bridge District, the first full height cross-laminated timber multifamily building in the Mid-Atlantic. Located in an Opportunity Zone.