Financial
New menswear shop now ashore in Rehoboth Beach
Youthful new retail entrepreneur helms his lifelong destiny M.G.T. & Co.

Michael Gabriel Thanner and Gracie inside the newly opened M.G.T. & Co. Mens Toggery Shop in Rehoboth Beach. (Photo courtesy Thanner)
Two summers ago, following a July 4th celebratory evening out at various Rehoboth Beach, Del., eateries and drinkeries, gay entrepreneur Michael Gabriel Thanner found himself a bit sozzled and languishing late-night with a long-time female friend on the stoop in front of 39 Baltimore Avenue, a block from the residential town and resort destination boardwalk.
“I’m going to have this store some day,” the visiting Maryland native declared. The casual comment was emblematic of Thanner’s easygoing manner and light-hearted, engaging disposition, as energetically adventurous as it is engagingly confident.

(Photo courtesy of Thanner)
Early in October, Thanner’s ambitious assertion became an abstemious reality with the opening of M.G.T. & Co. Mens Toggery Shop on the high-profile street.
The prominent commercial spot is anchored by surrounding and nearby retail businesses and restaurant venues. The former residential home and prior commercial storefront is adjacent to local landmarks the Blue Moon restaurant-bar and the CAMP Rehoboth Community Center.
This fall, alongside his one-year-old golden retriever and in-store companion Gracie, Thanner launched his men’s specialty clothing shop on his 27th birthday. The Oct. 10 birthday commencement of the retail enterprise is also symbolized in the easy-to-remember mnemonic time he opens the door each day, at 10:10 a.m. “It also ensures that I’m never late,” Thanner jokes.

(Photo courtesy of Thanner)
The shop is currently open seven days a week until 7 p.m., to both acquaint local residents and off-season visitors with Rehoboth’s newest addition to community enterprise and accommodate holiday shopping.
The free-spirited nature of new-proprietor Thanner is captured in the use of the informal, humorous, and British term “toggery” in the shop’s branding. A more casual expression for “haberdashery,” this off-kilter marquee nomenclature is a fitting reflection of the owner’s personality.

(Photo courtesy of Thanner)
The tagline additionally serves to convey the “British-inspired flavor of the shop’s offerings,” explains Thannery, noting that European labels from France, Germany, the Netherlands, and other international locales are also featured alongside American brands. “I carry lines with which people may not be familiar,” he says, “but I strive to always value quality over quantity” in curating the selection of items that will seasonally evolve.
“I specialize in providing an ‘old school’ foundation with a modern and youthful perspective,” says Thanner, “in a range of sizing and with something for everyone. The shop has a casual and personable environment,” he notes, describing the warm interior and attractive displays featuring a full range of merchandise, including everything from resort wear to blazers, scarves, boots, plush cashmere and more.
“I’m selling a lifestyle, not just an item or two,” asserts Thanner, “quality personal items are the foundation of a gentleman.”
Unique and distinctive labels include American purveyors Mizzen+Main dress shirts, Strong Boalt, Castaway, needlepoint belts and wallets from Smather and Branson, F.H. Wadsworth belts, handmade leather loafers by Jay Butler, Southern Proper, as well as Barbour from the United Kingdom, Hommard cashmere from the Netherlands, Armor Lux of France, Seaward and Stearn ties from the U.K., and New Zealand’s Rodd & Gunn.
Frequent solo travels when young and studying at Aix-en-Provence in the south of France influenced Thanner’s appreciation for European style and “knowing how to dress” as a practical part of one’s life. “You never know whom you’re going to run into, or where you’ll end up,” explains Thanner.
“If you look good, you feel good, and can have either $2 or $2 million in your pocket, no one would ever know.” Thanner credits his supportive parents, who encouraged their only child to travel and explore different cultures, for such insights. Growing up around his mother’s multiple retail shops specializing in gifts, accessories and home furnishings, also served as inspiration.

(Photo courtesy of Thanner)
Whether domestic or international, the shop’s clothing is “not tailored,” notes Thanner, “it’s more traditional but with a twist.” While representing the higher-end of the marketplace, pricing is consumer accessible with a range of price points. Thanner characterizes the shop’s focus as “America’s Ralph Lauren meets London’s Savile Row.”

(Photo courtesy of Thanner)
Hand-produced and bench-made products dominate, the result of a distinctly personal process of acquisition. “I was always well-dressed as a kid, originating with my own inspiration,” explains Thanner. Noted for his distinctive sense of style and attention to detail from a young age “led to requests to assist others with their personal shopping,” he recalls.
It was personal familiarity with noteworthy attire that forged the path for stocking his store. “I simply opened my own closet,” Thanner says, “and began cold-calling companies among the labels in my collection, asking to speak with a wholesale representative.”
“I knew early on that I could never have a standard 9-to-5 job,” Thanner admits, “I simply don’t have the attention span for it. Working for myself has always been in my blood, and I always knew I would have a shop of my own.”
“None of my friends were surprised at all,” says Thanner of his decision to open the shop. “I told several people over dinner one night, and signed a lease two days later. Of course, they think I’m ‘nuts’ for entering storefront retail, but you have to be willing to take risks to achieve success.”
“Opening in retail today is a risk,” acknowledges Thanner, “but you can’t focus on that. You have to jump right in and give it all you’ve got. The market is still there, especially in destination locations like Rehoboth where there is opportunity for specialty commerce.” He credits Murray Archibald, Steve Elkins, and everyone at CAMP Rehoboth for being supportive, and the welcoming attitude from other business owners and local residents.

(Photo courtesy of Thanner)
“I love Rehoboth, the sense of community, the energy, the vibe,” says Thanner, “and the small town charm and progressive environment. It’s a place entering a new era of enterprise, with an influx of new businesses and innovative approaches complementing an existing strong mix of retail.”
Thanner is inviting patrons and the public to an in-store holiday party on Dec. 9 to celebrate the shop’s opening and to “thank the community for their encouragement during the best time of the year to bring people together.”
M.G.T. & Co. Mens Toggery Shop is located in Rehoboth Beach, Del., at 39 Baltimore Ave. The shop is currently open each day of the week from 10:10 a.m. to 7 p.m. For more info, visit M.G.T. & Co. on Facebook and Instagram (the shop’s website is in development).
Mark Lee is a long-time entrepreneur and community business advocate. Follow on Twitter: @MarkLeeDC. Reach him at [email protected].
Real Estate
The rise of accidental landlords
How changing market conditions are impacting property management
Why are there more “accidental landlords” renting out their properties in the Washington, D.C., metro area?
The answer, according to The New York Times and other sources, is the current state of the real estate market. A growing number of accidental landlords are emerging as homeowners rethink their options in a challenging sales market. Rather than accept lower offers than they feel their properties deserve, many are choosing to rent instead of sell.
This shift reflects both financial caution and changing market dynamics, where holding onto an asset and generating rental income can seem more appealing than locking in a perceived loss.
A Market in Transition
The D.C. housing market remains fundamentally strong, but it has clearly shifted from the frenzied seller’s market of prior years. Inventory has increased significantly, and according to Redfin, active home listings in the Washington, D.C., metro area have increased significantly, with reports indicating a rise of roughly 33% to 50% year-over-year in late 2025 and early 2026.
This surge in inventory, coupled with falling demand, has shifted the market in favor of buyers, with roughly 22% more homes for sale than interested buyers. At the same time, homes are taking longer to sell. Buyers are still active, but they’re more selective, more price-sensitive, and less likely to engage in bidding wars.
This combination of rising inventory and longer selling timelines has created a key tension: sellers are no longer guaranteed the price they want. What’s a homeowner to do? Rent.
Why Homeowners Are Choosing to Rent
Rather than reduce their asking price, many homeowners are choosing to hold onto their properties and rent them out. National data confirms this shift. According to a report from Zillow, the share of rental listings made up of homes that failed to sell has climbed to near-record levels, with these accidental landlords accounting for a growing portion of rental supply. The number of these homeowners nationwide is at a three-year high.
The underlying psychology is simple: most sellers are not under immediate pressure to sell. And instead of accepting what they perceive as a discounted price, they opt to generate rental income and wait for more favorable market conditions.
For many homeowners, renting offers a way to “pause” the sales process without exiting the market entirely.
The Ripple Effect on the Rental Market
This influx of accidental landlords is reshaping the rental landscape. And this could be you!
- This trend is increasing rental supply. When unsold homes are converted into rentals, they add inventory to a market that has already seen new apartment deliveries and multifamily expansion. This is one reason rent growth has cooled in recent months, with national increases slowing to modest levels.
- Additionally, it is changing the type of available rental housing. Accidental landlords are more likely to offer single-family homes, townhouses, or condos; properties that differ from traditional apartment stock. Zillow notes that single-family homes make up the largest share of these rentals now.
For renters in D.C., this means more choices, particularly in neighborhoods where rental inventory was previously limited.
Operational Challenges for Accidental Landlords
While renting may seem like a straightforward fallback strategy, many accidental landlords quickly discover that property management is a complex, operationally intensive business. Some of the most common challenges include:
- Tenant screening and leasing compliance. D.C. has robust tenant protections and rent control regulations, particularly for older multifamily buildings. One wrong step can create legal complications home owners are not prepared for.
- Maintenance and repairs. Deferred maintenance can quickly erode profitability and tenant satisfaction. And tenants do have the power to cut into your monthly profit when certain livability standards are not met.
- Cash flow management. Not all rental income covers mortgage payments, especially for owners with higher interest rates.
- Regulatory compliance. Licensing, inspections, and rent stabilization rules can create administrative burdens.
In short, many homeowners underestimate the complexity involved in the transition from owner-occupant to landlord. What begins as a temporary strategy can evolve into a long-term operational commitment.
Property Management Firms Are Stepping In
As a result, property management companies across the D.C. metro area are seeing increased demand, particularly from first-time landlords. These owners often lack the infrastructure, systems, and expertise required to manage a rental property effectively. Professional management firms provide an array of solutions including marketing and leasing services, tenant screening and placement, rent collection and financial reporting, maintenance coordination, and compliance with D.C.’s evolving regulatory environment. For accidental landlords, outsourcing these functions can turn a reactive decision into a more structured investment strategy.
Green Renting: A Strategic Advantage in D.C.’s Rental Market
One often overlooked opportunity for accidental landlords—especially in Washington, D.C.—is the growing demand for “green renting.”
Energy efficiency is no longer just a lifestyle preference. For many renters, particularly in a high-cost city like D.C., it is a financial decision. Utility costs in the District can be significant, especially during peak summer and winter months. Properties that offer lower monthly energy expenses immediately stand out in a competitive rental market.
Installing solar panels, where feasible, can meaningfully reduce or even offset tenant electricity costs. For renters comparing similar properties, the difference between a standard utility bill and a reduced or stabilized energy cost can be a deciding factor. This is particularly true in D.C., where tenants are often highly-informed, environmentally-conscious, and sensitive to total monthly living expenses, not just base rent.
For landlords, the benefits extend beyond tenant appeal. Solar installations can help reduce vacancy, support longer lease terms, and create a premium perception that differentiates a property from competing listings. In some cases, landlords may also benefit from local incentives, tax credits, or increased property value tied to energy improvements.
In a market where many accidental landlords are competing on similar housing stock—single-family homes, condos, and townhouses—energy efficiency can become a key differentiator. It is not just about sustainability; it is about positioning a property to perform better financially.
A Local Market With Unique Dynamics
Washington, D.C., is a housing market shaped by federal employment, policy changes, and macroeconomic uncertainty. Recent developments, including fluctuations in the federal workforce and return-to-office mandates, have influenced both housing supply and demand. In some cases, these shifts have contributed to increased listings and more cautious buyer behavior. At the same time, D.C.’s high cost of entry continues to support rental demand. This dual dynamic creates ideal conditions for the rise of accidental landlords. Are you ready for this seismic shift?
Scott Bloom is owner and Senior Property Manager of Columbia Property Management.
Are you prepared to meet the changing expectations of tenants? Tenant priorities are continuously shifting. As professional property managers, my team has witnessed firsthand the evolving demands of tenants over the last few years.
Frankly, today’s D.C. residents have high standards. Many have shifted to remote work, and they are placing a growing emphasis on sustainability. And these expectations are poised to evolve even further, with factors like affordability, technology integration, and community-driven amenities taking center stage.
Understanding these changes and adapting your rental to meet the growing demands of tenants and their evolving preferences will not only help you attract high-quality residents but also settle into long-term success in a competitive market. Let’s look at key tenant trends for 2026 in Washington, D.C. by providing practical strategies that help owners and investors navigate this shifting landscape, ensuring your property remains desirable and profitable in an increasingly growing rental market.
According to Buildium’s 2025 Industry Report, tenant retention is rising, and that’s due to a number of factors. It’s expensive to move, so if residents are enjoying a peaceful and pleasant rental experience and they appreciate where they live, it’s unlikely they will spend more money to live somewhere else.
The “2026 State of the Property Management Industry Report” also noted the rise of “Resident Benefit Packages,” which has contributed to retaining good residents. When landlords and property managers offer benefits such as protection against late payment fees, online conveniences, credit monitoring, air filter drop shipments, preventative maintenance services, and even concierge amenities, they increase tenant satisfaction and retention.
By investing in resident benefits, you can increase the likelihood of keeping your tenants satisfied. They’re more likely to renew their lease agreements and contribute to the care and upkeep of their home.
Provide smart home tech
According to data gathered by Nasdaq, Washington, D.C., is one of the top 10 U.S. cities where remote work is most popular, with more than one-third of the population working from home at least part of the time. Even with the federal government calling many people back into the office over the last year, remote work continues to be normalized. Tenants are working and studying from home, and they need their home to support that lifestyle shift.
They’re looking for technology, and that factor provides you the opportunity for you to attract remote workers as residents. While smart home technology was once a fairly niche amenity, it’s now becoming the standard. It’s an expectation of most tenants in Washington, D.C., that at the very least they’ll be able to:
- Connect to fast Wi-Fi at their home
- Enjoy online rental payment platforms that are secure and convenient.
- Make routine maintenance requests through resident portals
It was also recommended considering installing keyless entry systems, offering upgraded security such as video doorbells, investing in smart thermostats, and making it as easy as possible for tenants to integrate their own digital platforms and apps into their home life, whether that’s Alexa or Siri or their own personal AI-driven digital assistant.
Community-Driven Amenities in Washington, D.C., Rentals
Are you renting out units in a multi-family building or an apartment? Washington, D.C., tenants are focused on community and social connection, and so the demand for community-driven amenities is on the rise.
In 2026, renters are looking beyond traditional features like gyms or pools, seeking spaces that allow for interaction, well-being, and a sense of belonging. Co-working spaces, communal kitchens, and rooftop gardens are now more popular in buildings that are working to attract tenants who prioritize shared experiences. A recent report from Ronco Construction reports that these are the emerging trends in multi-family housing amenities:
- Rooftop decks
- Outdoor lounges
- Community gardens
- Fitness studios
- Dog parks and pet spas
- Co-working space
Know your tenant pool
If you rent out single-family homes, you’re dealing with tenants who prefer privacy and space. In those multi-family buildings and condo communities, however, tenants are likely looking for opportunities to connect with their neighbors and make friends. We have seen tenants drawn to properties that offer event programming, such as fitness classes, happy hours, or cultural gatherings, helping create a sense of community in a neighborhood atmosphere.
As an owner, investing in these types of amenities can increase tenant satisfaction, encourage long-term leases, and set your property apart in a competitive market where residents crave more than just a place to live, but also a place to connect.
‘Green Renting’ in D.C.
Tenants want to save money on energy and utilities. Most of them would also rather do whatever they can to be more conscious of their effect on the planet. The city of Washington, D.C., actively encourages this. According to Building Innovation Hub, Washington, D.C., wants to cut greenhouse gas emissions in half by 2032. More efficient building standards and energy incentives are making that possible.
Rental property owners can meet tenant expectations around sustainable living and environmental-friendly features by providing LED lighting, energy-efficient appliances, low-flow plumbing fixtures, and modern programs for managing waste and recycling.
Every tenant in Washington, D.C., is different of course, but there are common expectations that come with residents when they’re looking for a new home. Those highlighted here are even more important to tenants in 2026.
Find out how to make your Washington, D.C., rental property more competitive on the market. Engage a professional property manager for the advice you need.
Scott Bloom is owner and senior property manager of Columbia Property Management.
Real Estate
Surviving spring cleaning
Create a space that feels comfortable, welcoming, and easy to maintain
Whether or not you are getting ready to sell your home, spring is finally upon us — you know, the time of year when you can open the windows to a warm breeze and commit to decluttering and thoroughly cleaning your home.
While decluttering, you will be faced with the challenge of what to keep and what to discard. Mysterious items may appear: the missing charger, the set of keys that open nothing, or, with any luck, that one important document you know you put “in a safe place.” The journey often turns into an archaeological dig through the layers of your daily life. Along the way, you will likely encounter objects that have been misplaced or are no longer needed, and you’ll wonder why you kept them in the first place.
The kitchen junk drawer, for example, is a universal catch-all that defies categorization. You might open it looking for a rubber band and instead discover a lone screw of unknown origin, a tube of hardened Super Glue, and at least four pens that no longer work.
Closets offer another layer of surprises, where you can find things that don’t seem to belong at all: cash in a coat pocket, a single glove, a book you meant to read, or a box filled with cables for devices you no longer own.
It’s guaranteed that if you only have one of a pair of something, its mate will appear shortly after you have thrown away the one you had. And, if you were intentionally searching for an item, it will turn up in the last place you look, simply because once you found it, you stopped looking.
Linen closets and bathroom cabinets can also harbor oddities. Now is the time to discard half-used or duplicate products you don’t remember buying, travel-sized toiletries from trips long past, or expired medications.
Under furniture is where things get truly mysterious. Reaching beneath a couch or bed in search of a dropped item often yields a collection of the unexpected: assorted coins, dust-covered pet toys, a missing sock, and perhaps something that makes you pause, like a long-lost piece of jewelry or an object you were convinced had disappeared forever.
Organizing garages and basements takes the experience to another level, where consolidating tools or seasonal decorations stored there can quickly turn into an encounter with objects that defy explanation. Why is there a box of tiles from a renovation that happened a decade ago? Do you really need the instruction manuals for appliances you no longer own? What could possibly be in the box that hasn’t been opened since you moved in?
Even searches within a home office – looking through files, drawers of old electronics, or stacks of paperwork—can yield similarly strange results. I recently found several flash drives with client files from 2014, a cache of notebooks containing names and phone numbers of prospects who left the area 15 years ago, and Turbo Tax installation CDs from as far back as 1997.
If decluttering hasn’t defeated you, then thoroughly cleaning your house may not be as overwhelming as you might think. Breaking it into manageable steps makes the process far simpler and even satisfying. A consistent method is the key to success.
Before you reach for cleaning supplies, take one last walk through each room and gather items that belong elsewhere for return to their proper place. Put away clothing and take out trash. This step instantly makes your home look better and clears the way for more effective cleaning. Working from top to bottom, dust ceiling fans, light fixtures, shelves, and blinds first so that any debris falls to the floor for addressing later. Use a microfiber cloth or handheld Swiffer to trap dust rather than spreading it around. Don’t forget overlooked areas like the tops of door frames, windowsills, and baseboards.
Move on to surfaces. Wipe down countertops and furniture with appropriate cleaners. Squeegee windows to let the sun shine in. Pay special attention to kitchen appliances. Stovetops, microwaves, and refrigerator handles tend to collect grime quickly, as do the tops of upper cabinets. In bathrooms, disinfect sinks, toilets, tubs, and showers.
Lastly, vacuum carpets, rugs, draperies, and upholstered surfaces thoroughly, including along edges and under furniture where dust accumulates. For hard floors, sweep first, then mop using a cleaner suitable for the surface type. This final step pulls the whole cleaning effort together and leaves your home feeling and smelling fresh.
Ultimately, cleaning your house doesn’t have to be a daunting chore. With a clear plan and a little consistency, you can create a space that feels comfortable, welcoming, and easy to maintain – at least until this time next year.
Valerie M. Blake is a licensed Associate Broker in D.C., Maryland, and Virginia with RLAH @properties. Call or text her at 202-246-8602, email her at [email protected] or follow her on Facebook at TheRealst8ofAffairs.
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