Maryland
Capital One Closes $15.8M Anaheim Refi
Bethesda, MD-based Capital One provided a $15.8-million Fannie Mae structured adjustable rate loan to refinance Rio Vista Mobile Estates, an… Read more
Cordish Cos. Buys 250-Key Asset, Upgrades Planned
The Cordish Cos. acquired the combined Homewood Suites and Hilton Garden Inn properties in Hanover, MD, which totals 250 rooms.… Read more
Washington REIT Completes $240M Maryland Portfolio Sale
Washington Real Estate Investment Trust completed the second sale transaction of its 490,000-square-foot suburban Maryland portfolio. The two office buildings… Read more
It’s Official: Marriott is the Largest Hotel Chain in the World
This week, Marriott closed its $13 billion dollar acquisition of Starwood Hotels & Resorts Worldwide. Now, Marriott’s umbrella encompasses 30… Read more
Hersha to Sell Five Hotels for $185M
Hersha Hospitality Trust has placed a five-hotel suburban portfolio, totaling 757 rooms, under contract for $185 million, or $244,000 per… Read more
U.S. Silica Pays $210M for NBR Sand Unit
U.S. Silica, headquartered in Frederick, MD, paid $210 million to acquire the NBR Sand Unit of New Birmingham, Inc. The… Read more
Maryland Investor Pays $30M for Georgia Apartments
Federal Capital Partners, headquartered in Chevy Chase, MD, paid $29.5 million to acquire the River Trace Apartments in Roswell, GA.… Read more
Wells Fargo Manufactures $115M Loan for Manufactured Homes
The Carlyle Group, based in Washington, DC, obtained a $115 million loan from Wells Fargo to refinance 32 manufactured home… Read more
Bluerock Ends 6-Year Hold, Unloads 413-Unit VA MF
Bluerock Residential Growth REIT Inc. ended its hold on the 413-unit Springhouse at Newport Apartments in Newport News, VA. The… Read more
Tribune Sells LA Times Building, Olympic Printing Plant
Tribune Media agreed to sell Times Mirror Square and the Olympic Printing Plant in DTLA to Canada’s Onni Group for… Read more
Douglas Development Snags 71K-SF Office in Annapolis
Douglas Development acquired West Garrett Place, two contiguous office buildings totaling 71,185 square feet in Annapolis, MD. The Washington, DC… Read more
84% of U.S. Jobs Can’t Keep Up with the Cost of Living
According to a new analysis by Indeed.com’s research group, Hiring Lab, only 16% of jobs paid enough to keep up… Read more
Ivy Realty Acquires MD Office for $33M
Ivy Realty has acquired the 163,194-square-foot Twinbrook Office Center in Rockville, MD for $33 million. The new owner, headquartered in… Read more
MD-Based DiamondRock Closes on Two Hotel Sales, Pockets $208M
DiamondRock Hospitality Co. closed on two hotel sales totaling $208 million. The 169-room Hilton Garden Inn Chelsea/New York City went for… Read more
Columbia Property, SunCap Close on $48M Maryland Deal
Columbia Property Trust Inc. (CPT) has closed on the sale of 800 N. Frederick Ave. in Gaithersburg, Maryland. The office property… Read more
Capital One Commits $125M to Blackstone Acquisition
Capital One Financial Healthcare Solutions, headquartered in Bethesda, MD, committed $125 million, and operated as joint lead arranger and joint… Read more
ASB Acquires Market Street Asset for $141.5M
Bethesda, MD-based ASB Real Estate Investment acquired 799 Market Street, a Class A office building in San Francisco, from Atlanta-based… Read more
Cordish Shares Plans for $200M Maryland Hotel
The Cordish Cos. has released plans for its $200 million LIVE! Hotel, an addition to its Live! Casino property in… Read more
Panama Canal $5.4B Expansion: Ready for Business
The nine-year, $5.4-billion Panama Canal expansion project is complete. The expansion is anticipated to increase Eastern U.S. port business by 10%… Read more