Evening Star Newspaper, December 31, 1921, Page 15

REAL ESTATE. L T T e “Wl‘\\\\“mn I \e expre ser Beautiful Chevy Chase Homes sle property bounded by Keokuk street on the north, 39th street on the east, Jocelyn street on the south and Reno road on the west, a large number of beautiful homes are now in course of construction. These homes will inciude every modern feature and ap- pointment marking the complete home.” They will cost irom S16.(: 000, and compose the largest operation in fine s since the war. Beautiful Bethesda Blue Granite will used extensively in the construction. This Represents an Investment of $400,000 Petworth Garden’ Apartments in Washington has attracted Apartments in Petworth, on of which are now being constructed. ¢ built in groups of two, each build- ce on the large garden plot be- partments contain three large rooms, ted bath. Reservations for two large build- a hundred placed on a waiting list Work will be begun at once on the big development. oresents an Investment of $450,000 ings \ The Southern Building During the year this company took title to the nationally known Southern Building. a ten-story office building, located at the corner of 15th and H streets northwest, in the heart of the financial dist This building is now occupied by a tenancy probably unequalled any place. It is operated along most modern lines and is.generally recognized as Washington's best office building. The operation and management of this building, to- gether with the high character of its occupancy, attract national attention. Connecticut Avenue Savings’ Bank This beautiful bank building will be built at once for the Connecticut Avenue Savings Bank on a lot at 1107 Connecticut Avenue. It will he a very complete and modern banking house, and will meet the of that important and. growing section, where this t— requirement: strong bank, soon to open its doors, is certadin to meet instantan- eous success. James T. Lloyd, former Congressman and well known Washingtonian, is president of the new bank. Building and Lot Will Cost Over $100,000 These give an idea of the major opefations of the company, but they do not include many others, which, assembled, present an imposing total investment. We have built this organization to render a degree of service heretofore unapproached in the National Capital. employes are ever at their call. Consultation on your realty and b uilding problems is invited. No matter whether youg busi THE EVENING STAR, WASHINGTON, D. C, SATURDAY, DECEMBER 31, 1921. The National Capital’s Greatest Real Estate Organization * The close of the year 1921 marks the conclusion of another year of tremendou of this great organization. We take this occasion to express our gratitude to the public from which is drawn a great and fast-growing clientele that has made this tremendous growth and the magnitude of our achievements possible. On the threshold of 1922 we are able to visualize some of the things contemplated for the future. During the coming year, just as in the past, we expect to give visible sion of our gratitude, by concentrating our most intensive efforts to better the public and toward making Washington, the capital and heart of the nation, a better place to live in. A Mighty Organization - Built on Sound Principles s achievements, of growth and of progress, in the history The policy for years has been to build an organization commensurate with the importance of the real cstate field in the Capital of the Nation. Great strides toward this goal have been accomplished during this eventful and busy year, until today our organization numbers sixty, exclusive of building employes and those employes in various building operations and building superintendents. Built with a purpose in view, the organization today covers the entire gamut of real estate endeavor, with a separate department, in charge of an expert executive and covering each division. It is at once the most complete, the best organized and most comprehensive real estate organization mn Washington. And we believe so thoroughly in the future of this city and in the service rendered by our organization, that we feel certain the future holds much in store for those who so faithfully and satisfactorily serve. Total Sales Reach $3,500,000 The commanding position of the sales deparement is evidenced in its sales total for the year of over $3,500,000, covering-the various classes of improved and unimproved property. A staff of fifteen salesmen, who know Washington Real Estate values and who, under the direction of an officer of the company, are ready to conscientiously serve and advise purchasers and sellers of property, compose one important feature of this business. Co-Operative Department One large department is devoted to the management and operation of the ten large apartment buildings, sold under the Allan E. Walker plan of co-operative owner- ship, a form of ownership introduced to the National Capital by the Allan E. Walker Company. It is worthy of note that after 14 to 18 months of thorough trial this form of-ownership is a proven, conspicuous success and is established for all time. : . Rent Department The rent department has just concluded a year of great- ly increasing business, built’ up through efticient manage- ment of houses, apartment buildings and rental property of every kind. The department is thoroughly organized, and in charge of competent executives who are able to render a degree of service to owners that ha$ won many friends and a vast amount of new business. , ‘Building Department The building department of this organization is one of the strongest and best organized in the National Capital. It is splendidly equipped to do any form of construction from the small frame dwelling to the great office building or the mammoth apartment palace. The past year has been a very busy one for this department, but plans already outlined, indicate very clearly that the coming year will surpass all previous records in this large division. At the present time a large number of homes and buildings are being buiit for private account, construction being charged on a percentage basis and resulting in substantial savings to owners. Insurance Depértment With general agencies of some of the strongest insur- ance companies, this department carries an enormous amount of business, built up year by year through com- petent, efficient and courteous service. The department is a large one, officered by an expert in the insurance freld, with strong corps of assistants. The constantly increasing volume of business done by this department is a splendid testimonial to it® exceptional service. Accounting Department Under a plan of reorganization just being put into effect, the auditing and accounting of Allan E. Walker and Co., Inc., The Allan E. Walker Investment Co., and allied concerns, will be handled in a separate department, under the direction of a certified public accountant as comptroller, an auditor and a large staff-of competent assistants. In this manner the diversified business will be efficiently hand- led with resultant advahtage to our clientele. . .E. STUART POSTON Loans=Investment This company has a very strong and well-organized loan and investment department. Loans are made on Washington real estate, the total thi ar reaching far and beyond all previous marks. The investment divis in charge the sale of Allan E. Walker Co.'s FIRST NOTES. and during the year has established a wonder- ful record. 1t is worthy of note. and explains the constantly increasing business and growing ntele, to observe that in all the years no investor ever has a penny of principal or interest on our First Trust Notes. This department is splendidly officered and well organized. Building Management The management of large office buildings is the spe- cialty of this department. The efficiency is particularly in evidence in the management and operation of the famous Southern Building. Modern methods, progressive ideas, and the policy of close contact and co-operation with every tenant have served to make the Southern Building stand out apart as Washington’s most popular office building. " Architectural Department Under-the direction of one of the best known and most brilliant architects in the National Capital, this department, comprising a large personnel, is making a record approach- ed by few.\ The range of the company’s building activity, and the splcn&d architectural effect, and planning of its buildings, speak worlds for the splendid work of this de- partment which in the year ahead will add tremendously to its already won laurels. — i Settlement Department A separate departmeat in charge of an expert in the settlement of sales and exchanges is another feature of this organization’s most complete service. The seller and the purchaser are assured that every step in their trans- action will be handled with infinite care by those who thoroughly know their business, and that once the trans- action is completed and settlement made there will be no untoward developments. Officers ALLAN E. WALKER ........ W. L. BROWNING . LEROY GADDIS, JR. ‘W.EDGAR LE «.....President 5 Vice-Presi‘iut .Secretary-®reasurer .Director Managers B. G. LENNON B. E. CLARK J. E. WHITE ... ...Insurance .Co-Operative .Loans Rents Comptroller Auditor Publicity .Architect Office Buildings F. B. HOAG ..... F. F. KIDD .. S.E. GODDEN ..... R. F. BERESFORD REAL ESTATE. .muuuuy,’m | Attractive Bungalows in Chevy Chase These bungalows, 18 in nuinier, v tract of splendid ground, bounded by R street, 41st street and Keokuk stre tionally attractive seven-room dwell structed of the famous Dethesda I will be of frame construction, t tion, piers, chimneys and fire places of this bea The lots will be 30 feet or more wide. This Represents an Investment of $250,060 . Jenifer excep- cor A row of nine very complete and a and bath houses is now under constru street, in Petworth, facing the first grou _ments. These homes will be the kind ever put on the market in \ many features of home conveni tofore only have obtained in hou is expected to place them on the market New Fireproof Building on Connecticut Ave. This new building, just jt.&d completed by the company. fj is a fine, modern, fireprooi |!i§s structure in a section of Connecticut avenue that is enjoying a remarkable de- | velopment. It is a part of the company’s development of the entire square bound- o ed by Connecticut avenue, L street, 17th strect : street, one of the most comprehensive developments cver pla by a Washington concern, which, when completed. v rach o total investment in land and building, in excess of $5.000,000. ) This Represents an Investment of $350,020 Bungalows & m E Brookland | nd have found ready sale. They are very complete little homes, splendidly built, and containing all features of the modern home. Up to now all of these homes have been sold before completion. Two of these houses, now nearing completion, will complete the present operation. This Represents an Investment of $60,000 These very popular bungalows in Brook In contemplation, and soon to be announced, are a number of other operations, of major dimensions, and ere the year has advanced very far others of surpassing importance will be launched by this great organization. It is yours to command. And we want the public to feel that the services of the officers, the managers and the iness is small or large, it will receive the same careful, painstaking, expert attention in any department. Now occuping more space on second floor than is included in the large first floor offices, a total of 6,000 square feet of floor space. ALLAN E. WALKER Southern Building 813 15th Street N.W. and Company, Inc. Investment Co. . = g St | JUNE S SR