District of Columbia
Bowser Forges Pacts to Bring New Hospitals to D.C.
Washington, D.C. Mayor Muriel Bowser has struck separate agreements to build two new hospitals in the city. They include a… Read more
Co-working Provider MakeOffices Names New CEO
Jeffrey V. Langdon has been named CEO of Arlington, VA-based MakeOffices, succeeding Zach Wade. He will continue the evolution of… Read more
When Office Doors Finally Reopen, What Can We Expect to Find?
By Paul Bubny The commercial real estate industry has been collectively working overtime in preparation for the day restrictions are… Read more
Rubenstein Partners with cove on Workplace Experience
Rubenstein Partners has formed a partnership with cove, a D.C.-based company provider of flexible workspace. This partnership will include an… Read more
Velocis Buys Rosslyn Offices in Value-Add Play
Dallas-based private equity real estate manager Velocis purchased 1530 Wilson Blvd., a 171,373-square-foot, Class A office building in Rosslyn, VA,… Read more
NMHC: Market Conditions Weaken for Apartment Deals
Market conditions weakened in the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions for April, as the… Read more
Carr Properties’ Paul Stromberg Joins Marcus Partners
Boston-based Marcus Partners has recruited Paul Stromberg to help lead an expansion in the Washington, D.C. metro area. As SVP of asset… Read more
CRE Mortgage Volume Tops $600B in 2019
Commercial and multifamily mortgage bankers closed a record $600.6 billion of loans in 2019, the third consecutive year of new… Read more
Where the Hotspots Are for Economic Fallout
The fallout from the shutdowns mandated by the coronavirus pandemic will affect every major metro area in the country, but… Read more
Savills Brings Kevin Harris to D.C. Office
Kevin Harris has joined Savills as corporate managing director in the Washington, D.C. office. He will be responsible for providing customized… Read more
Marx Realty Acquires D.C.’s Herald Building with Transformation Plans
New York City-based Marx Realty has acquired The Herald Building in Washington, D.C. for $41 million. The firm plans to invest… Read more
NYC Will Launch Local Production of COVID-19 Test Kits
Mayor Bill de Blasio said Tuesday that New York City would soon have manufacturing capacity to produce its own coronavirus… Read more
New Reagan Airport Concourse on Track for 2021 Opening
Even as the coronavirus pandemic has slowed air travel to a trickle and put numerous construction projects on pause, it… Read more
Walker & Dunlop Brings in Gustafson to Lead Apprise in Northeast
Walker & Dunlop, Inc. has expanded its multifamily appraisal business, Apprise, with the addition of managing director Corey Gustafson. Based in Boston, Gustafson… Read more
D.C. Region’s Economy Expected to Shrink in 2020
With the continued worsening of the pandemic in the Washington, D.C. region, the economy is projected to contract 0.8% in… Read more
Seattle Drops on Construction Crane Index
Seattle no longer holds the crane count crown on Rider Levett Bucknall’s Crane Index. The Emerald City’s 36 cranes is… Read more
D.C. Office Vacancies Reach New High
Following two years of healthy rebound in demand, office vacancy in Washington, D.C. hit an all-time high of 14.3% in… Read more
Top Broker Honorees: Savills’ Tom Fulcher, David Lipson, Julie Rayfield and Art Greenberg
The Savills Mid-Atlantic team has been together for more than 30 years and has grown to 15 people, providing a… Read more
Top Broker Honoree: CBRE’s Lou Christopher
CBRE Vice Chairman Lou Christopher has led some of the Washington, DC market area’s most significant real estate assignments on… Read more