Lock7 Development, LLC is a real estate development firm specializing in renovating and developing residential homes and buildings in the Washington, DC Metro area. They create unique and exciting places to live with a strong emphasis on sustainable and environmentally-friendly building techniques. The residences blend high-end contemporary design with conscientious historic preservation.
Lock7 Development’s projects have been featured on Home & Garden Television (HGTV) hit shows My First Place (for The Grayson Condominiums) and Get it Sold.
Several projects are currently underway in Washington, DC. Please use the links above to learn more about Lock7 Development.
Patrick Conway, Co-Founder and Principal, has an MBA in Finance from the Robert H Smith School of Business and a BA in Economics from Georgetown University. Patrick spent twelve years in finance, working as a Trader in New York and later Washington, DC, and maintained entrepreneurial endeavors in the DC and Baltimore areas. In 2007, he left trading altogether to focus his career in Real Estate Development. Patrick’s financial background, knowledge of DC real estate and architectural inspiration enable Lock7 to successfully identify, project and account for each development project. Patrick is a licensed agent in Washington, DC and Maryland.
David Gorman, Co-Founder and Principal, has a BBA in Marketing and Management from Emory University. A native to the DC area, David oversees the design and construction of Lock7 development projects. His knowledge about the local real estate market and his expertise in design and construction management ensures that Lock7 produces quality workmanship and projects run smoothly and on schedule. David is a licensed, bonded and insured general contractor in Washington, DC and a licensed real estate agent in Washington, DC and Maryland.
Chris has been working with Lock7 as an independent consultant since its inception. He has an extensive background in the real estate industry. Chris earned a Bachelor of Arts degree from Villanova University, then an accounting degree from the University of Maryland University College. He is a member of the American Institute of Certified Public Accountants.
With a natural skill for discovering new opportunities, James joined Lock7 in 2013 to help our team find new off-market deals. In the last two years, his role has increased to also include managing developments by organizing subcontractor bids, negotiating contracts and helping to obtain permits and entitlements. James received a BA in Economics from the University of Maryland in 2014. He began working in real estate development as a freshman in college; first by shadowing landlords and ultimately by buying and renovating single-family homes.
Kevin, a more than 15 year veteran of the multi-family development and construction industry, joined Lock7 in early 2014. Kevin uses his diverse skill set to underwrite and manage Lock7’s larger ground-up projects from feasibility through final development and construction. Kevin is also responsible for leading Lock7’s business development efforts in select new markets. Prior to joining Lock7, Kevin worked with some of the most respected developers and construction companies throughout the DC region, including Clark Construction, Lincoln Property Group and Ellis Denning. Kevin is a graduate of The Pennsylvania State University, where he earned a Bachelor of Architectural Engineering. He also completed the executive level Real Estate Management Program through the Harvard Graduate School of Design and Harvard Business School.
Megan Schlabaugh joined Lock7 in 2015 to select finishes, coordinate warranty work and support the office and construction team. Prior to joining Lock7 Megan worked as a project manager for two years at a small real estate development firm located in Washington, DC. Megan earned a Bachelor of Arts degree from Grinnell College with a concentration in Environmental Studies.
Margarita joined the Lock7 team in 2014 after over a decade of working with several small, entrepreneurial firms. Her tasks include keeping all of the company books in order, paying invoices and providing weekly reports on each development project. Margarita has an accounting degree from the University of Maryland. Her previous work experience spans across several industries, including extensive accounting work at non-profits such as The Bretton Woods Committee and Visions in Action.
With a knowledge of the DC real estate market that only comes from years of experience, we are able to consistently deliver quality products in the areas where people want to live. In order to purchase and build these projects, we often offer investors a competitive return on their money to invest in Lock7 Development. We are willing to pay returns on investment that far outpace the stock market or even other real estate investments. To learn more about this process, please contact us using the information under the “Contact Us” tab above.