District of Columbia
Douglas Acquires Office Building in Downtown D.C.
Douglas Development Corp. has acquired the Portrait Building at 701 Eighth St. NW in D.C., which the previous owner turned… Read more
Sekisui House Selling DC Apartment Complex to REIT for $279M
Japanese developer Sekisui House has agreed to sell four apartment buildings in Washington, D.C., to the company’s sponsored REIT for… Read more
Clark Construction Lands $524M Contract to Build Fed Cybersecurity HQ
The US General Services Administration (GSA) has announced that Virginia-based Clark Construction was awarded a contract worth $524 million to… Read more
The Goldie Initiative Continues Expansion with 2024-25 Cohort
The Goldie Initiative, a nonprofit organization dedicated to preparing women to advance as leaders in commercial real estate, recently announced… Read more
Marcus & Millichap Arranges $14.5M Financing for Virginia Retail Center
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged a $14.5… Read more
DC Ranks as One of the Top Metros for New Apartment Construction
The U.S. will set a record for new apartment deliveries for the third year in a row, with developers on… Read more
GoodVets Opens at JBG SMITH’s Mixed-Use in National Landing
JBG SMITH, an owner and developer of mixed-use properties in the Washington, DC, market, announced that animal hospital provider GoodVets… Read more
CBRE Arranges New 7K-SF Office Lease in DC Trophy Property
In a transaction arranged by CBRE, Allsteel, a leading manufacturer of workplace furnishings and architectural products, has committed to a… Read more
Nominate a Woman in Real Estate for Our Eighth Annual Awards
With a little more than a week to go before the deadline for submitting nominations to Connect CRE’s 2024 Women… Read more
Berkadia Secures $47M in Financing for Senior Housing in Kensington
Berkadia announced today the financing of Modena Reserve at Kensington, a 135-unit, seniors housing community in Kensington, Maryland. Managing Directors… Read more
KLNB Secures Full Occupancy of 62K SF Office Property
The KLNB landlord advisory team, consisting of Principals Ken Fellows and Robert Pugh and Transaction Manager Keiry Martinez, recently completed… Read more
Equity Buys Four DFW Rental Communities
Equity Residential is acquiring 11 apartment communities from Blackstone Real Estate for $964 million. The purchase totals 3,572 apartments, with… Read more
Fannie Mae to Keep Downtown DC Headquarters
Fannie Mae has entered into a new lease at Midtown Center for its downtown D.C. headquarters. The mortgage giant will… Read more
JLL Arranges Sale of $21.5M DC Office Building Slated for Conversion
JLL has completed the $21.5 million sale of 1201 Connecticut Ave. NW, a 190,385-square-foot, Class B office building in Washington,… Read more
JLL Facilitates Full-Floor Lease in Downtown DC for Brown Rudnick
JLL facilitated a full-floor lease for law firm Brown Rudnick at 1900 N Street, NW in downtown Washington, DC. The… Read more
CBRE Arranges 10K-SF Office Lease at The Millennium Building in DC
PRP, a real estate investment management company headquartered in Washington, D.C., has committed to a 10,890-square-foot office lease at The… Read more
Multifamily Rent Growth Rate Ticks Upward in July
Consistent economic growth and demographic trends sustained multifamily demand at the start of 2024’s third quarter, Yardi Matrix said Thursday.… Read more
Banks See More Office Loans at Risk of Default
Bank data from the first quarter of 2024 show the percentage of criticized loans — meaning those at greater risk… Read more