Under Armour CEO Kevin Plank is defending his company's hometown after President Donald Trump attacked Democrat Elijah Cummings, whose … Under Armour founder unloads Federalist-style DC home for $17.2M, Kevin Plank, the sportswear company's founder, sold the Georgetown pied-a-terre after lowering the price from $29.5M, What you need to know to start your day with all the latest industry developments. Picture yourself here View our Floor Plans. Get the latest scoop directly in your inbox. This property was built in 1989 and last sold on June 05, 2019 for $559,000. Andrew Carmellini. Get the week's leading headlines delivered straight to your inbox. The master keeps things simple and chic with pure white walls, medium-brown hardwood floors and a marble fireplace, while the adjoining bathroom sports a steam shower and separate soaking tub. Over the next few years, the billionaire couple spent untold millions on a complete renovation of the home, including $1 million alone on the installation of a 22,000-pound marble staircase forged from the same marble that was used in the Thomas Jefferson memorial. Rankin also represented the buyer, whose identity is shielded through an LLC called Priory Holdings Trust. The Under Armour CEO has been trying to unload his Georgetown home for more than a year. Please update your billing information to reactivate your membership. Kevin Plank, Under Armour’s charismatic founder and recently departed CEO, and his wife Desiree (née Guerzon) have finally unloaded their sophisticated Washington, D.C. home — albeit with a steep price concession. Kevin Plank’s improbable hit — a sweat-wicking undershirt — kicked off the fastest-growing category of sportswear. His net worth is reportedly around $2 billion. Simply enter the email address you used to create your account and click "Reset Password". It appears the mysterious buyer paid cash, though his or her identity remains cloaked behind something called the Priory Holdings Trust, an enigmatic entity that traces back to a CPA office on the outskirts of Dallas, Texas. To subscribe to exclusive newsletters, visit your email preferences in the account settings. Luxury Lens Under Armour founder unloads Federalist-style DC home for $17.2M Kevin Plank, the sportswear company's founder, sold the Georgetown pied-a … Kellyanne Conway may be keeping a lower profile on TV these days, but she's staying close to the White House. Wood-plank style flooring in kitchen and living areas; Ultra high-speed Internet via AT&T fiber; browse more amenities. See pricing and listing details of Brea real estate for sale. For years, CEO Kevin Plank and … washingtonian.com PHOTOS: The Most Expensive Homes Sold in Washington in 2020 | Washingtonian (DC) There seems to be a problem with your Inman Select Membership. Please contact the parent account holder or Inman customer service @ 1-800-775-4662 customerservice@inman.com. Kevin Plank's House Lutherville Timonium, Maryland (MD), US Plank is the billionaire owner of Under Armour, a leading manufacturer of sports performance apparel, footwear and accessories. Plank and his wife, Desiree Guerzon, purchased the pied-a-terre for $7.85 million in 2013 and first listed it in 2018 for $29.5 million — their primary residence is in Maryland, near the sportswear company’s headquarters. Under Armour Founder and CEO Asks $24.5 Million for Washington, D.C., Home Kevin Plank bought the house in 2013 and embarked on a redesign that includes president-themed bedrooms Subscribe to Inman Select for Breaking News and Exclusive Industry Content. Equestrian architect, John Blackburn of Blackburn Architects in Washington, D.C. is renovating the farm that includes a historic 90-stall training barn with a … Top headlines from around the real estate industry. Each of the eight bedrooms includes its own distinct decorative theme; one of them is swaddled in shiny black hardwood, while another has more calming tones of seafoam grey. Plank razed the historic Knollwood estate, also known as the "Bunting House" that had been at the site since the late 1880s, to make way for the … View 84 homes for sale in Brea, CA at a median listing price of $780,000. Sign up for Individual Select membership today. Plank is also currently building a 4 million-square-foot headquarters for Under Armour in Baltimore as part of the redevelopment of the city's Port Covington neighborhood. Now Nike and other megabrands are in hot pursuit of Under Armour. Leading commentary by award-winning journalists. Does anyone want Kevin Plank ’s house? The vaguely Restoration Hardware-esque kitchen has space for catering large events, with a limousine-sized center island and a full array of restaurant-quality appliances. Under Armour Inc. CEO Kevin Plank has put his house in Washington, D.C., back on the market at a 17% discount from when it was listed last year. 15 stories covering tech, special reports, video and opinion. Size 12,000 square feet, 8 bedrooms, 10 bathrooms Kevin Plank, Under Armour’s charismatic founder and recently departed CEO, and his wife Desiree (née Guerzon) have finally unloaded their sophisticated Washington, D.C. home — albeit with a steep price concession. Sotheby’s International Realty | WikiMedia. Most recently, its listings agents were Michael Rankin of TTR Sotheby’s International Realty and Lydia Travelstead of Monument Sotheby’s International Realty. WASHINGTON, DC — Under Armour founder and CEO Kevin Plank has reportedly put his Georgetown home back on the market. The Planks acquired the property over the summer of 2013 for just under $8 million, according to records. We want to hear from you! As of June 2014... Kevin Plank's House in Lutherville Timonium, MD - Virtual Globetrotting Based on Redfin's Santa Clarita data, we … Spanning over 12,000 square feet, the Georgetown home is also steeped in American history. If so please contact customer support at (510) 658-9252, Password Reset Instructions have been sent to. Other luxe spaces includes a large home gym and wine cellar. Thank you for subscribing to Morning Headlines. Kevin Plank and his wife bought the 65-acre Greenspring Valley Road property for $2.8 million using limited liability company Three Diamond Land … The most expensive house on the market in Washington, D.C. comes with some serious history. For more details on our payment terms and how to cancel, click here. Under Armour founder Kevin Plank made the investment he saw was needed in the area. Send us a tip using our anonymous form. User promo code onward25 during checkout to save 25% on your Inman Select Membership. Instagram post 2338906980586840508_11594109583. As of June 2014, Forbes estimates his fortune at $2.4 billion. Under Armour founder and former CEO Kevin Plank just sold his Washington, D.C. home for $17.25 million, the Wall Street Journal reported. You will receive additional instructions via email. "In 1990, we had over 150 community centers around the city. Under Armour founder Kevin Plank (Kris Connor/Getty Images) Getty Images. Kevin A. Plank was … Under Armour CEO Kevin Plank had a close relationship with MSNBC anchor Stephanie Ruhle that some deemed to be "problematic," The Wall Street Journal reported Thursday.. Today, we have 42," Plank said. Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more, If you created your account with Google or Facebook. Through his Cupid Foundation, Plank donated $5 million to help create the UA House at Fayette, an East Baltimore community center run by Living Classrooms. Secure your tickets now. Copyright © 2021 Penske Business Media, LLC. At the time, the listing was the most expensive in the city. The Port Covington restaurant helmed by James Beard Award–winning chef Andrew Carmellini is located at the Sagamore Spirit distillery and will … Kevin Plank With Michael Phelps. Forgot your username? Plank, who is Under Armour's CEO, took the company public 2005; he owns a nearly 16% stake. Set on one of Georgetown’s many charmingly tree-lined streets, the 12,000 sq. Your subscription will automatically renew for on . Different bedrooms are named after American presidents and politicians — the bedroom is called the George Washington Suite — while the home’s 22,000-pound staircase is made from the same marble used to build the Thomas Jefferson Memorial. Outdoors, the .33-acre lot is lushly landscaped with grassy lawns, evergreen trees and rows of perfectly trimmed boxwoods. There are eight bedrooms and a total of 10 bathrooms inside, scattered across three full floors of living space. In 2007 Maryland native Kevin Plank, CEO of Under Armour apparel company, bought the farm with a long-term plan for a major restoration. The Plank mansion at … Under Armour is scrambling to do damage control amid reports that its chief executive has run the company like a frat house. Kevin Plank, the sportswear company’s founder, sold the Georgetown pied-a-terre after lowering the price from $29.5 million. At that time, the stately 1810-built house offered luxurious but stylistically banal interiors with copious amounts of beige furnishings and dark brown hardwood. A baronial living room offers floor-to-ceiling windows and a coffered ceiling with grey lacquer insets, while formal sitting and dining rooms have more intimate spaces with large fireplaces and comfy chairs. Instagram post 2338215720978027297_11594109583. This 1,691 square foot house sits on a 5,422 square foot lot and features 3 bedrooms and 3 bathrooms. 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