Bethesda
Eastern Union Brings Banking Services In-House
Brooklyn-based Eastern Union has promoted Jacob Lipoff to lead the company’s newly centralized QTS Banking and Capital Markets Division. Holding the… Read more
JLL Secures $34M Refinancing for Bethesda Apartment Property
JLL has secured a $34.2 million loan to refinance Element 28, a 101-unit boutique apartment property in Bethesda. Located at… Read more
Industrious Comes to Dallas Farmers Market
Premium workplace provider Industrious has partnered with the Dallas Farmers Market to operate Industrious Dallas Farmers Market. The company will manage… Read more
Walker & Dunlop Adds Leaders to Growing SoCal Property Sales Team
Bethesda, MD-based Walker & Dunlop, Inc. expanded its property sales team in Los Angeles with the addition of Blake Rogers… Read more
GSA Aims to Lease 126K-SF in Suburban Maryland
A federal agency may be looking to relocate from downtown Bethesda to another office building in suburban Maryland. On May… Read more
Global Medical REIT Acquires MOB in Northern VA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of Dumfries Health Center, a 99,718-square-foot medical office building in Dumfries,… Read more
JBG Smith Positioned to Weather “Prolonged Recession”
JBG Smith Properties CEO Matt Kelly said the Bethesda, MD-based REIT is in a strong positi0n coming into the pandemic-driven downturn, thanks to… Read more
Small-Bay Warehouse Sells in 1031 Deal
Edge brokered the sale of 12300 Carroll Ave., a 22,000-square-foot warehouse building in Rockville, within Maryland’s Montgomery County. The property,… Read more
Meridian Group Adds 430K SF of Office in Tysons
The Meridian Group, headquartered in Bethesda, MD, has acquired a pair of Class B Tysons Corner, VA office buildings from… Read more
Walker & Dunlop Provides $340M Acquisition Financing for Cortland
Bethesda, MD-based Walker & Dunlop, Inc. structured $340,097,797 in financing for Atlanta-based Cortland’s landmark acquisition of PURE Multi-Family REIT. The… Read more
Condor Hospitality Reviews Options After M&A Deadline Missed
Hotel REIT Condor Hospitality Trust, based in Bethesda, MD, said it’s reviewing its options after the rescheduled date for its… Read more
Marriott Furloughs Thousands as Managed Properties Shut Down
Bethesda, MD-based Marriott International Inc., the world’s largest hotel company with nearly 1.4 million keys, has begun to furlough what… Read more
Modell’s Sporting Goods to Close All Stores, Including Seven in D.C.
Modell’s Sporting Goods, which operates 153 stores between New York, Philadelphia and the D.C. metro areas, has announced plans to… Read more
Feldman Leaves Marcus & Millichap to Start New Firm in D.C.
Commercial Broker Josh Feldman has left Marcus & Millichap to launch a new firm specializing in investment sale properties in… Read more
Brivo Acquires Smart Building Solutions Firm Parakeet Technologies
Bethesda-based security firm Brivo has acquired Parakeet Technologies, a provider of smart building solutions which include sensors, thermostats, wireless locks… Read more
CBRE Hires Hausfeld as Executive VP in D.C.
CBRE has announced the hiring of Joshua Hausfeld as executive vice president focusing on debt and structured finance within its… Read more
Pebblebrook Hotel Trust to Sell Sofitel Washington DC Hotel
Bethesda-based Pebblebrook Hotel Trust is under contract to sell the 237-room Sofitel Washington DC hotel as well as the 422-room… Read more
Finmarc Sells Metro D.C. Office Campus for $13M
Bethesda-based commercial real estate firm Finmarc Management has sold the Reston Business Campus, a four-building office portfolio in Reston, VA.… Read more
Walker & Dunlop, GeoPhy Launch MF Appraisal Company
Bethesda, MD-based Walker & Dunlop and New York City-based GeoPhy have teamed up to launch a new multifamily appraisal company… Read more