Being A Managing Director at Carlyle Group Means Never Having to Borrow at SubPrime

Gregory S. Ledford bought a four-bedroom, 5.5-bath Unit PH2D at 3150 South St. N.W. in Georgetown on March 19. He paid $7.295 million.

Ledford is the managing director at The Carlyle Group. He focuses on U.S. buyout opportunities in the automotive, transportation and logistics sectors.

There were 18 condo sales in Georgetown in 2008, with a median sales price of $707,500.