Bethesda
REIT to Fork Over $60M for Three Texas Hotels
Condor Hospitality Trust entered into an agreement with Dallas-based developer Bedford Lodging to acquire a portfolio of three Marriott-branded hotels… Read more
Walker & Dunlop Secures $43.5M Refi for Eugene MF
Bethesda, MD-based Walker & Dunlop, Inc. arranged a $43.5-million refinance loan with Fannie Mae for The Tennyson at Crescent Village,… Read more
Greysteel Expands into Denver, Adds Industry Veterans
Bethesda, MD-based Greysteel expanded into Colorado, with the opening of its first office in Denver. Industry veterans Ryan Floyd and… Read more
Walker & Dunlop Arranges $66.5M for Market St. Development
Bethesda, MD-based Walker & Dunlop, Inc. arranged $66.5 million in construction financing for The Rise Market Street, a luxury apartment… Read more
Blackstone, Walker & Dunlop Form JV
New York-based Blackstone Mortgage Trust, Inc. (BXMT) and Bethesda, MD-based Walker & Dunlop, Inc. entered into a joint venture to… Read more
RLJ Lodging’s $7B Merger with FelCor Lodging
Irving, TX-based FelCor Lodging Trust Incorporated will merge with and into a wholly-owned subsidiary of Bethesda, MD-based RLJ Lodging Trust,… Read more
$58M Nets 15 Buildings
Finmarc Management of Bethesda, MD acquired a 15-building, 750,000-square-foot industrial portfolio in northern Virginia. Seller Steuart Investment Co., based in… Read more
Meridian Group Closes $231M CRE Fund
Meridian Group, a Bethesda, MD-based company that invests in Washington, D.C., closed its second fund, Meridian Realty Partners II LP,… Read more
Boston Properties, Bernstein Cos. to Build $600M Marriott’s HQ
Marriott International Inc. selected Boston Properties Inc. and The Bernstein Cos. to build its new headquarters in Bethesda, MD. The… Read more
Lockheed Martin Close to $9B F-35 Deal with Pentagon
Bethesda, MD-based Lockheed Martin is reportedly close to wrapping up negotiations with the U.S. Dept. of Defense on a nearly… Read more
Shorebreak Hotel Launches Renovation
Bethesda, MD-based DiamondRock Hospitality is set to embark on a $3-million renovation of the Shorebreak Hotel in downtown Huntington Beach,… Read more
Walker & Dunlop Strengthens CA Capital Markets Team
Bethesda, MD-based Walker & Dunlop expanded its loan origination platform with the addition of a new team in Irvine, CA.… Read more
Capital One Closes $15.8M Anaheim Refi
Bethesda, MD-based Capital One provided a $15.8-million Fannie Mae structured adjustable rate loan to refinance Rio Vista Mobile Estates, an… Read more
It’s Official: Marriott is the Largest Hotel Chain in the World
This week, Marriott closed its $13 billion dollar acquisition of Starwood Hotels & Resorts Worldwide. Now, Marriott’s umbrella encompasses 30… Read more
Bluerock Ends 6-Year Hold, Unloads 413-Unit VA MF
Bluerock Residential Growth REIT Inc. ended its hold on the 413-unit Springhouse at Newport Apartments in Newport News, VA. The… Read more
Ivy Realty Acquires MD Office for $33M
Ivy Realty has acquired the 163,194-square-foot Twinbrook Office Center in Rockville, MD for $33 million. The new owner, headquartered in… Read more
MD-Based DiamondRock Closes on Two Hotel Sales, Pockets $208M
DiamondRock Hospitality Co. closed on two hotel sales totaling $208 million. The 169-room Hilton Garden Inn Chelsea/New York City went for… Read more
Capital One Commits $125M to Blackstone Acquisition
Capital One Financial Healthcare Solutions, headquartered in Bethesda, MD, committed $125 million, and operated as joint lead arranger and joint… Read more