Company Profile
Whitestone Property Group, LLC, is a real estate investment company active in all aspects of real estate ownership. The company, based in Washington DC, has been doing business in the Washington DC Metro area and New Jersey for over 15 years.
Whitestone Property Group and its affiliated entities has ownership interests a diverse portfolio of multi-family, community shopping centers, single family homes, and condominiums, mostly in the Washington DC Metro area, valued at over $86 million, through select joint ventures.
Core Lines Of Business
Whitestone Property Group is focused in the Washington DC Metro area on three core lines of business:
• Acquiring multi-family assets and shopping centers where there is potential to add value over an investment term.
• Acquisition, renovation or ground up construction, and sale of single family homes for an investment term typically of one year.
• Hard money loans for commercial real estate with an investment term of six to 12 months.
Laine Shakerdge, LEED AP, Principal
Laine has been active in the Washington metro area’s real estate market for more than 25 years, as both a principal and broker. As a principal, she has been involved in the opportunistic acquisition, redevelopment, and marketing of multi-family properties, shopping centers, office buildings, and single family homes. Prior to founding Whitestone Property Group, she was a founding partner of JM Zell Partners, a commercial real estate consulting firm, which specialized at that time, in office leasing brokerage and was a Director at Rock Creek Property Group.
She earned two masters degrees at Washington University in St. Louis. She's very involved in the community, serving for 7 years on the Board of Advisors for Network for Teaching Entrepreneurship (NFTE), a global non-profit that teaches low income high school students how to create their own jobs. She’s also on the Board of Directors of DC Casineros, an internationally reknowned Cuban salsa dance company.
When she’s not in the office, Laine is likely helping students with their business plans, dancing, or photographing dancers.