District of Columbia
JBG Smith Secures $104M in Commitments to D.C. Housing Initiative
Owner and developer of mixed-use properties in the D.C. area, JBG Smith has announced that the firm’s Washington Housing Initiative’s… Read more
Sonnenblick-Eichner Arranges $18M Refinancing for Boutique D.C. Hotel
Beverly Hills-based real estate investment banking firm Sonnenblick-Eichner has arranged a $17.7 million loan to refinance The Normandy Hotel, a… Read more
Columbia Property Trust Closes on Normandy Acquisition
Columbia Property Trust (CXP) closed on its previously announced acquisition of Normandy Real Estate Management, LLC, a developer, operator and… Read more
Kroger, Ocado to Develop 350K-SF Fulfilment Center in Maryland
Grocery chain Kroger and online grocer Ocado have announced plans to develop a 350,000-square-foot customer fulfillment center in Frederick, MD.… 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
SRS Real Estate to Open D.C. Office
SRS Real Estate Partners has announced the opening of its 28th office, to be located in Washington D.C. Andrew Fallon… Read more
Put Leading CRE Brokers into the Limelight
For the third consecutive year, Connect Media will be spotlighting the industry’s top brokers. We’re inviting you to help us… Read more
Union Investment Acquires Thompson Hotel in D.C. for $120M
Germany-based Union Investment has acquired the Thompson Washington D.C., a 225-room hotel in Washingon D.C.’s Navy Yard. The sales price… Read more
Faster Pace of 2020 Deliveries Could Ding Multifamily Fundamentals
Continuing a development boom that saw delivery of more than two million apartment units over the past decade, the volume… Read more
Kimpton Rouge Hotel to Get $20M Renovation
Washington D.C.’s Kimpton Rouge Hotel is headed for a $20 million repositioning and remodel. The hotel will close Jan. 17… Read more
GID Acquires DC Apartment Building for $180M
GID Real Estate Investments has acquired The Woodley, a 212-unit apartment building in Washington D.C. for $180 million. Developed in… Read more
Bohler Announces Rebrand for 2020
Washington D.C.-based engineering firm Bohler has announced a rebrand for 2020 that includes dropping the word engineering from its title… Read more
Flex Workspace Provider Knotel Expands in DC
Flexible workspace platform Knotel has announced several new locations in Washington D.C. The company will expand to space in the… Read more
Skanska Sells 11-Story DC Office Tower for $163M
Construction and development company Skanska has divested from 99M, a 234,000-square-foot office tower in Washington, D.C., for $163 million. The… Read more
Apartment Developers Get Revved Up Over Electric Scooters
It’s happening overseas in cities such as Sofia—where they hold Black Friday sales the day after a holiday that Bulgaria… Read more
CBRE’s Levy Doesn’t See Recession on Horizon
By Dennis Kaiser CBRE’s Spencer Levy, Chairman of Americas Research & Senior Economic Advisor, kicked off Connect Westside Los Angeles… Read more
CushWake Promotes Quick to Asset Services City Lead in Boston
Cushman & Wakefield has promoted Ryan Quick to Asset Services city lead, where he will oversee a team of over… Read more
Hamilton Zanze Acquires 244-Unit MF Property in Metro D.C.
San Francisco-based real estate investment firm Hamilton Zanze has acquired the Oasis at Montclair Apartments, a 244-unit multifamily community in… Read more
Homeless Veteran Count Drops, Affordability Concerns Remain
There is a good-news/bad-news scenario when it comes to the U.S.’ vulnerable military veteran population. The good news is that… Read more