Maryland
Pebblebrook Divests Hotel Vintage Seattle for Slightly More Than It Paid
Pebblebrook Hotel Trust closed on the sale of the 125-key Hotel Vintage Seattle in Seattle for $33.7 million to an… Read more
Pebblebrook Puts Hotel Chicago, Marina City Retail Up for Sale
The 354-key Hotel Chicago at 333 N. Dearborn St. and the retail and parking portions of the historic Marina City… Read more
Realterm Raises $532M for $1.2B IOS Portfolio Recap
Realterm, a transportation-focused investment manager based in Annapolis, raised $532 million in co-investment capital for a $1.2 billion portfolio recapitalization… Read more
Dedham Multifamily Property Lands $4M Refi
Pearlmark Real Estate has closed a $4 million mezzanine debt investment to refinance the DIOR, a 48-unit multifamily property in… Read more
$70M Senior Living Residence Coming to Maryland
In partnership with the Bourne Financial Group, Orlando-based Park Avenue Lifestyle is set to open a 160-unit senior housing residence… Read more
Bethesda Office Tower Changes Hands
JBG Smith has sold 4747 Bethesda Ave., a 300,508-square-foot office building in downtown Bethesda, Maryland. Constructed in 2019, the… Read more
Tim’s Furniture Mart Inks New Lease at Hagerstown Premium Outlets
Maryland-based retailer Tim’s Furniture Mart has signed a lease with Simon Property Group for 67,320 square feet of space at… Read more
Chinese E-Bike Company Expands to Elkton with New Industrial Lease
MetalRays, an electric bike manufacturer and distributor based in China, has signed a lease with McConnell Development for a 109,192… Read more
Clyde’s Restaurant Group Coming to Baltimore Peninsula
The Baltimore Peninsula development team, headed by MAG Partners in collaboration with MacFarlane Partners and Goldman Sachs Asset Management, announced… Read more
New Affordable Housing Community Opens in Arlington
Affordable housing developer AHC Inc. recently held the grand opening of The Terraces at Arlington View, a $40.8 million redevelopment… Read more
MacKenzie: Baltimore Metro Suffers Lowest Leasing Quarter Since 2011
The first quarter of 2023 saw a sharp drop in leasing activity in Baltimore’s Metropolitan region. The report, published by… Read more
Baltimore Homeownership Development Adds New Partner
Enterprise Community Development has announced Harrison Development as the second partner for its Let’s Build Accelerator (LBA) program. Harrison Development… Read more
Residential Roofing Company Expands to Fourth Location in Maryland
PJ Fitzpatrick, LLC, a Delaware-based company that specializes in home repairs and replacements, has selected Melford Town Center in Bowie… Read more
St. John Properties Appoints Ryan Mitchell Director of Interior Construction
St. John Properties, a private commercial real estate company, has appointed Ryan Mitchell as director of interior construction for the… Read more
JBG SMITH Bringing 11 New Restaurant Concepts to Redeveloped Water Park in Crystal City
JBG SMITH, a Bethesda-based commercial real estate firm, is bringing eleven new restaurant concepts to National Landing’s reimagined Water Park… Read more
Brown Advisory Expands Lease in Downtown DC with Pembroke
Brown Advisory, an investment and strategic advisory firm, has signed a long-term lease at 1801 Pennsylvania Avenue with Pembroke. The… Read more
Ikea Inks Two Greater Washington Leases to Open New Concept Stores
Ikea plans to open two new urban-format concept stores in the United States, located in Fairfax and Gaithersburg in Greater… Read more
CRC Builds Female-Led Executive Committee with New Promotes
Continental Realty Corporation (CRC), a real estate investment and management company based in Baltimore, has promoted Haley Donato to senior… Read more
Two Rockville Office Parks Up for Sale
IP DSC MOCO Metro Park LLC, an affiliate of Rockville-based DSC Partners LLC, is selling two office parks in Rockville,… Read more