Meeting for lunch?
Starting Monday, January 30 and running until Friday, February 3, Copperwood Tavern, The Pinemoor, and Brass Rabbit Pub will be offering buy one, get one free soups, salads, sandwiches, and cold pressed drinks from 11 a.m.-4 p.m.
Each restaurant offers a selection of salads with fresh local greens and seasonal toppings, and handhelds like a spicy Avocado Burger or Buffalo Fish Sandwich.
Love it or hate it, Valentines Day is right around the corner!
Treat your lover to something unique and tasty this year.
Join fellow wine lovers at screwtop wine bar for a walk around tasting of twenty love themed wines, nibble on cheeses, and dip “strawberries” in a chocolate fountain! Bring all your “gal”entines, dress in red and make a day of it.
Tickets are available now!
Join us Saturday, February 11 from 4-6 p.m.
- $79.99 Per Person Public Ticket
- $49.99 Per Person Wine Club Member Ticket
*Join screwtop wine club today for only $49.99 per month*
And don’t forget to follow us on Instagram for more tasty wine events!
This is an In-Person Happy Hour Seminar! Join us Wednesday, February 1 from 6-7 p.m.
Drinks and food will be provided as you learn how to navigate the process of buying and selling a home at the same time.
You’ve already experienced the excitement of buying a home, but may not have sold a property before. From preparations to marketing, our team approach ensures that your home is in front of as many buyers as possible, while you are searching for a new home yourself!
If you are looking for more space, less space, or planning to leave the area, the process of simultaneously buying and selling a home is different than when tackling these big life events separately. It is important to have an agent team on your side with the knowledge of how to save you money, time, and stress during this process.
- How to time buying and selling to align with the market and your personal life events like adding a family member to the household, graduation, vacations, and new jobs.
- Maximizing your financial outcome when selling furniture and other items with the home
- Identifying your next home that will take you into a new phase of your life
- And more!
So if you’re ready to make a move into your next home, this seminar is a great way to start that journey!
This article was written by Adam Henry, CEcD, EDP, Senior Business Development Manager for Arlington Economic Development.
In 2022, there were several challenges facing tech companies and the venture capital community — inflation, a decrease in tech exits and IPOs, rising interest rates, and over 150,000 layoffs in the tech sector.
While all of these factors affected deal size and valuations for tech companies, Arlington’s tech ecosystem saw some exciting deal flow among its businesses.
Arlington-headquartered companies were involved in 31 deals totaling more than $1.5 billion from venture capital raises, mergers and acquisitions, strategic corporate investments and other activity. Some of the notable venture capital raises in 2022 included:
- Arlington-based Federated Wireless, a provider of shared spectrum and CBRS technology, raised $58 million in Series D funding to help scale the company’s platform and support further investments in its capabilities and partnerships.
- Shift5, an operational technology cybersecurity company, raised $50 million in Series B funding to protect against increasing cyber-physical threats targeting planes, trains, and weapon systems.
- MarginEdge, a restaurant management and bill payment platform startup, raised $45 million in Series C to continue scaling the team and broadening the functionality of core product offerings to deepen its impact on the operators.
- Arlington-based Second Front Systems raised $32 million in Series A funding to be used to grow 2F’s technical talent base and scale up sales and marketing.
In addition to the dynamic venture capital activity, Arlington companies were also involved in some notable mergers and acquisitions and IPOs.
- Arlington-based Axios Media announced it would sell the business to Axios’ lead investor, Cox Enterprises, for $525 million.
- Evolent Health announced a $375 million acquisition of Georgia-IPG for $375 million to accelerate Evolent Health’s position as a leading provider of value-based specialty care solutions.
Finally, Arlington Economic Development also saw a number of great investments in our community this past year, including:
- Technomics, an employee-owned decision analysis company that specializes in cost analysis, data management, and data analytics, announced with Governor Youngkin a $1.7 million expansion in Arlington County, creating 150 new jobs.
- MarginEdge announced its relocation to Arlington County, taking 23,500 square feet in Ballston.
- Shift5 announced it will double its space in Arlington to 19,840 square feet in Rosslyn citing a 54% growth in employment since the start of 2022 and revenue doubling year-over-year.
- Federated Wireless announced a private wireless partnership with JBG Smith in conjunction with Federated Wireless’ corporate headquarters relocation to National Landing.
Despite the challenges of the past year, it’s clear that Arlington-based tech companies continue to launch and grow, creating several opportunities for employment growth in Arlington and Northern Virginia.
In 2023, AED is excited to continue the momentum of creating a welcoming environment for the tech community to raise capital, launch and grow businesses.
Each week, “Just Reduced” spotlights properties in Arlington County whose price have been cut over the previous week. The market summary is crafted by Arlington Realty, Inc. Maximize your real estate investment with the team by visiting www.arlingtonrealtyinc.com or calling 703-836-6000 today!
Please note: While Arlington Realty, Inc. provides this information for the community, it may not be the listing company of these homes.
As of January 22, there are 110 detached homes, 20 townhouses and 130 condos for sale throughout Arlington County. In total, 15 homes experienced a price reduction in the past week, including:
Please note that this is solely a selection of Just Reduced properties available in Arlington County. For a complete list of properties within your target budget and specifications, contact Arlington Realty, Inc.
St. Thomas More Cathedral School will host its annual Open House on Sunday, January 29 at 10:30 a.m.
STM is a faith-centered environment serving students in Pre-Kindergarten through 8th grade using a spiritual, physical and emotional whole child approach. The program includes daily religious instruction, prayer partner program, classroom visits by priests and attendance at weekly student-led school Mass.
Close proximity to the Arlington Diocese headquarters and Bishop Burbidge provides opportunities to meet and learn from church leadership.
STM is a U.S. Department of Education National Blue Ribbon School and recently voted Best Private School in Arlington. Students consistently score in the top 25th percentile on standardized assessments — above the national average. STM challenges its students through differentiated instruction to meet individual learning needs. STM actively incorporates STEM into the curriculum and provides a high tech learning environment.
Thirty-percent of students identify as a minority at STM, promoting inclusion and understanding with proven benefits of improving cognitive skills, critical thinking and problem solving. Each year STM grants more than $800,000 in aid and scholarships to 25% of the student body, making Catholic education more attainable for those who seek it.
Click HERE to learn more about STM and to register for the Open House!
This regularly scheduled sponsored Q&A column is written by Eli Tucker, Arlington-based Realtor and Arlington resident. Please submit your questions to him via email for response in future columns. Video summaries of some articles can be found on YouTube on the Eli Residential channel. Enjoy!
Question: A friend of mine just lost an offer on a house and there were 7 other offers, is the market competitive again?
TL;DR Summary (1:37)
Answer: If you’re letting news outlets, national real estate pundits, and Twitter guide your real estate strategy in the D.C. Metro/Northern Virginia area, you’re likely getting a very different perspective on the real estate market than what we’re seeing locally. Despite 6-8+ months of headwinds, the market did a 180 in the first few weeks of January, compared to the weeks prior (this is a common trend).
Multiple offers, escalations, and limited contingencies have returned to many parts of the market, so this week’s column is chart-heavy to show that the “crash” in the 2nd half of the year was all relative to the breakneck pace of the market in 2021 to mid 2022 and how natural supply/demand economics are keeping the market competitive and prices up, despite how much higher the monthly payments are.
Second Half 2022 was Relatively Bad, Historically Normal
Overall, across the D.C. Metro region, total sales transactions finished the year 3% above the 10-year average. Things seemed a lot worse than they were because of the massive number of sales we experienced in 2021 and 2020.
While prices in most sub-markets did drop from the first to second half of ’22, real estate in the D.C. Metro still appreciated in 2022 above the 10-year average. Even condos, which struggled through the heart of the pandemic, appreciated nicely in 2022.
In Northern Virginia, there’s a clear jump in average prices in Q1/Q2 2022, followed by a very normal drop in average prices for Q3/Q4 (this has more to do with more expensive homes being sold in the spring, not a seasonal drop in home values), but the Q3/Q4 average prices fit nicely within the normal trend line and do not suggest any sort of crash, just a jarring difference from what we experienced in the first half of the year.
Average sale price to original asking price ratios, one of the best demand metrics, fell sharply through December, from all-time highs in the spring. While the speed of the drop shocked the market, it dropped to normal Q4 levels so the “crashing market” feeling was only relative to the extreme demand in early 2022, but not so when compared to historical norms.
Start investing in your financial freedom through homeownership with expert help!
The Keri Shull Team, the top-producing real estate team in Virginia, is hosting a seminar to help aspiring buyers navigate the competitive DMV real estate market and maximize their home search.
In the last two years, our agents helped over 1,600 families with their real estate needs. This is your opportunity to find your dream home and start building long-term wealth, while avoiding costly mistakes.
Bridget Mendes, a Keri Shull Team expert Client Success agent, will be leading this seminar at our office in Rosslyn. She will be joined by local lender, Karl Svendsen, and you will learn the following:
- How to find off-market homes — hidden gems that don’t appear on popular home search websites
- How to get out of your lease so you can move on your timeline
- The “4 C’s” that determine home prices in any market
- How to set a realistic budget for your home search
- And more!
Join us in-person on Saturday, January 28, from 11a.m. to 12:30 p.m. for this FREE seminar!
Enjoy brunch treats like mimosas, bagels and lox, and more, while you learn how to invest in your future and how to find a place to call your own.
This sponsored column is by Law Office of James Montana PLLC. All questions about it should be directed to James Montana, Esq., Doran Shemin, Esq., and Laura Lorenzo, Esq., practicing attorneys at The Law Office of James Montana PLLC, an immigration-focused law firm located in Falls Church, Virginia. The legal information given here is general in nature. If you want legal advice, contact us for an appointment.
All Presidential administrations struggle with unauthorized migration, and the Biden Administration is no exception.
The Biden administration has taken a new approach to stymie immigration via the southern border. This approach uses the classic “carrot and stick” to discouraging border crossers. The “stick” is increasing the use of Expedited Removal to discourage illegal border-crossing.
The “carrot” is increasing the use of Advance Parole to encourage migrants to choose legal pathways instead. In this explainer, we’ll provide some background on both of these aspects of the Biden Administration’s new approach.
The increased use of expedited removal — which some advocates have (in our view, correctly) described as reminiscent of Trump-era policy — is targeted at Cuban, Nicaraguan, and Haitian nationals, for now. Under plans announced this month, Mexico has agreed to accept up to 30,000 expelled migrants from those three countries, and any additional migrants from those three countries will be subject to expedited removal directly home.
Expedited removal allows the administration to deport migrants more quickly, because expedited removal proceedings — unlike ordinary removal proceedings — do not occur before an Immigration Judge; instead, a CBP or ICE officer typically issues an order of removal without a hearing.
What, then, are asylum seekers from Cuba, Haiti, and Nicaragua supposed to do? The Biden Administration’s answer is Parole.
Humanitarian parole is a longstanding tool in U.S. immigration law which has, traditionally, been used on a case-by-case basis to permit individuals to enter the United States for exceptional or emergent reasons, like emergency medical treatment.
Under the Biden administration, the use of parole has expanded — in a form reminiscent of Temporary Protected Status, or TPS — to embrace nationalities, rather than individuals.
The first program the Biden Administration announced was Uniting for Ukraine. That program allowed Ukrainians with a supporter in the United States to obtain parole, so that those approved under the program could come to the United States legally and work for two years. The primary purpose behind this program was to assist Ukrainians escape the Russian invasion.
More recently, the government announced a similar program for Venezuelans. Due to the long-term economic and political strife in Venezuela, many of its citizens have been fleeing to search for safety and security in the United States. Again, due to a major influx of Venezuelan nationals at the border, the government created a program like Uniting for Ukraine for Venezuelans.
As of January 6, 2023, the Biden Administration has opened similar programs for citizens of three more countries: Cuba, Haiti, and Nicaragua. Just like the other programs, the noncitizen wishing to come to the United States must have a supporter in the United States who is willing to provide financial support during the time period that the noncitizen is parole into the United States.
Tread depth is an important measurement of your tire’s health.
Proper tread ensures that your tires can adequately grip surfaces, keeping you safe on slick or uneven terrain. Aside from losing grip, reduced tread depth also makes it easier for objects like nails or construction debris to puncture your tires.
The “penny test” is a time-honored way of checking your tire tread on the go. Safety standards in the U.S. recommend maintaining a tread depth of at least 2/32″. Place a penny — with Lincoln’s head facing you — in the tread of the tire, then gently rotate it so that Lincoln’s head dips down into the tread of your tire. If you can still see the top of his head when the coin image is upside down, it could mean that your tires have worn too thin and it’s time to look at a replacement. Learn more about this and other indicators of your tire’s longevity, including tips on using a quarter instead of a penny.
Another method, which involves less digging in your pocket, is just eyeballing each tire before you consult a professional. Search for signs of uneven wear, a single (or multiple) tire having more wear and reduced tread in a single spot on the wheel may indicate that you’re low on air pressure or need to have your alignment checked.
Replacing tires can be costly, and replacing all four is typically recommended to ensure that they remain balanced and wear evenly. CarCare To Go offers a free comprehensive safety inspection that includes photo and video documentation with every service. We can also help with misalignments, flat tires, and rotations that help prevent the need to replace all four tires at once.
For a limited time, all appointments booking in January, even our $20.23 first-time customer oil change special, will be automatically entered to win a FREE full set of tires (value up to $750, valid for 12-months from the drawing date.)
Don’t wait, book now for a service experience like no other, and your chance to win some new wheels!
This column is sponsored by BizLaunch, a division of Arlington Economic Development.
By Prakriti Deuja
Arlington loves to add sweetness to its nonprofit and small business community, and OpenGrants is the box of chocolates we’ve all been looking for.
And, thanks to BizLaunch, this sweet treat is free of charge to ALL users. With three dominant and dynamic databases already in stock, adding OpenGrants only further candy-coats the data Arlington offers.
OpenGrants, a grant finding database, is an all-in-one platform that helps you find grant opportunities across the nation. A tool that is free easy to use with a simple login you create, the dashboard is user-friendly and catered completely to you. The way it works? Fill out some information about yourself and your nonprofit or business, and grants will come find you!
Once your dashboard is configured and complete, you can easily access unique features of the resource. From finding a grant writer to assist in making the grant writing process easier to creating an organized panel with your projects consolidated into one page, this database is one that was created with you in mind.
Used (and loved!) by more than 12,000 grant-fingers and experts, OpenGrants has created an effective and personable hub for start-ups, small businesses, and nonprofits alike. Access to webinars and news pertaining to grants can also be found across the website, in addition to the many other tools available from the site alone. If you’re looking for access to capital, OpenGrants is free to use and ready to find grants just for you.
A free account with OpenGrants can be created at www.grants.arlingtoneconomicdevelopment.com. For any questions about the database listed, feel free to contact BizLaunch Administrative Specialist, Prakriti Deuja, at [email protected].