Maryland
AvalonBay Nabs Maryland MF from Trammell Crow for $83M
Arlington, VA-based AvalonBay Communities, Inc. acquired Alexan Concorde, a 310-unit, Class A luxury apartment community in Linthicum Heights, MD. The… Read more
When It Comes to Online Coupons, Clean’s the Word
Ninety-two percent of parents and 88% of Millennials say they clip coupons online, so to speak. Given such widespread use—Quotient… Read more
New York REIT Will Cease Trading in November
Shares of New York REIT Inc., which is winding down operations, will cease trading Nov. 2 on the New York… Read more
U.S. Divorce Rate is Declining
Younger couples are saying “I do,” and meaning it more than the previous generation. U.S. Census Bureau data shows that… Read more
Cushman & Wakefield Report Highlights Tech’s Critical Impact on CRE
Existing and emerging tech centers are increasingly driving the North American economy, and that’s being felt across the commercial real… Read more
Howard Hughes Closes on $700M Credit Facility
The Howard Hughes Corporation has closed on a secured, non-recourse corporate credit facility with loan proceeds of up to $700… Read more
A Decade After Housing Bust, California Markets Pace Recovery
A decade after the collapse of the housing market and start of the Great Recession, home values have more than… Read more
Goodman Breaks Ground on 1.8M-SF Logistics Center in Central Pennsylvania
Goodman Group kicked off construction on Goodman Logistics Center Newberry, a two-building logistics campus totaling more than 1.8 million square… Read more
CBRE Global Strikes Deal for Signature Ridge Apartments
SPUS8 Signature Ridge LP, a partnership controlled by CBRE Global Investors, acquired the 612-unit Signature Ridge Apartments, one of San… Read more
Pebblebrook, LaSalle Hotel Agree to $5.2B Merger
Pebblebrook Hotel Trust and LaSalle Hotel Properties jointly agreed to merge in a deal that would see Pebblebrook acquire 100%… Read more
$56M Refi for Baltimore Washington Logistics Center
Baltimore Washington Logistics Center, a two-building, Class A industrial complex totaling 1,013,728 square feet in Jessup, MD, received $56.325 million… Read more
Nashville REIT Snags Maryland Government-Leased Asset for $242M
CoreCivic, a Nashville-based REIT specializing in investing and operating government facilities, acquired 6100 Wabash Ave. for $242 million. The new… Read more
Meridian Arranges $210M Financing for 5-State Healthcare Portfolio
New York-based Meridian Capital Group arranged $210 million in financing for a combination of skilled nursing, assisted living, and continuing… Read more
Bridge Buys Silver Spring MF for $70M
Spring Parc, a 399-unit apartment community in Silver Spring, MD, has traded hands for $70.25 million. An affiliate of Salt… Read more
Guinness Reopens in the U.S., Minus the Stout
A fair number of “foreign” cars are assembled in the U.S., and there are iconic American consumer products brands that… Read more
Federal Realty Unveils Plans for Santana West in San Jose
Rockville, MD-based Federal Realty plans to develop Santana West, an 850,000-square-foot office campus on the site of a former domed… Read more
Phillips Arranges $62M for Data Center Near Atlanta
Bethesda, MD-based Phillips Realty Capital closed and funded two transactions totaling $62.2 million on behalf of Legacy Investing, LLC. The… Read more
Kendall’s Goose Island Campus to be Repurposed as Office Space
Savills Studley has been hired by Laureate Education to sublease Kendall College’s soon-to-be-vacated Goose Island campus as office space. National… Read more
Secondary Markets Leading Multifamily Rent Growth
Even in the midst of increasing multifamily supply, rent growth continues increasing, mainly buoyed by economic growth. And, according to… Read more