Virginia
Bellwether Arranges Debt on Properties in Ohio, 3 Other States
Cleveland-based Bellwether Enterprise has closed loans totaling more than $38 million for two multifamily, one hospitality, and one flex-retail property… Read more
Prologis Completes 16 BTS Developments H1 2018, Starts Another 14
San Francisco-based Prologis, Inc. completed 16 build-to-suit development projects in the first half of 2018, totaling nearly 6.3 million square feet with… Read more
Virginia MF Sold for $52M
The Residences at City Center, a 291-unit apartment community with ground-floor retail in Manassas Park, VA, has traded hands for… Read more
Ryan Miller Joins NKF to Lead Mid-Atlantic Team
NKF recruited Ryan Miller to serve as EVP and Market Leader, overseeing its Washington, D.C., Virginia and Maryland offices. Miller comes to NKF from CBRE,… Read more
Transwestern Brokers Disposition of 1.1M-SF Logistics Portfolio for $143M
A 1.1-million-square-foot industrial portfolio in Northern Virginia, along Interstate 95 in Springfield, has traded hands to an undisclosed buyer for… Read more
PCCP, Insight JV Acquires 576-Unit MF in Virginia for $132M
PCCP, LLC and Arlington, VA-based Insight Property Group formed a joint venture to acquire Oakwood Falls Church, a four-building, 576-unit… Read more
Blackstone’s BREIT, Greystar JV Acquiring $1.2B Student Housing Portfolio
New York-based Blackstone Real Estate Income Trust, Inc. is acquiring the EdR Student Housing Portfolio for $1.2 billion, in a 95%/5% BREIT-led joint venture with Charleston, SC-based… Read more
10 Hospitals Investing in Facility Upgrades, Expansions
Hospitals and healthcare systems across the United States are actively improving their existing facilities though upgrades and expansions, and building… Read more
Carlyle Expands to 200K SF at TH Real Estate’s D.C. Asset
The Carlyle Group consolidated its Washington, D.C. operations at its current headquarters at 1001 Pennsylvania Ave., NW into 200,000 square… Read more
Easterly Adds Nearly 1.5M SF in $430M U.S. Government-Leased Portfolio Buy
Easterly Government Properties, Inc. acquired a nearly 1.5-million-square-foot portfolio of 14 properties from affiliates of an unnamed independent third party… Read more
PS Business Parks Adds 1.1M SF in Virginia
Glendale, CA-based PS Business Parks, Inc. acquired a pair of Springfield, VA assets, Northern Virginia Industrial Park (9022 Lockport Pl.… Read more
Velocis, Altus Realty Grab Greensboro Park in Tysons
Dallas-based Velocis and Altus Realty acquired Greensboro Park, a two-building, 505,085-square-foot office complex located at 8180 and 8200 Greensboro Drive in… Read more
Steadfast Snares First MF in Virginia for $30M
Steadfast Apartment REIT III, Inc. acquired Cottage Trails at Culpepper Landing, a Class A 183-unit garden-style apartment-home community located in Chesapeake,… Read more
Bechtel Relocating HQ to DC Area After 100+ Years in California
Bechtel Group, one of San Francisco most storied firms with more than a century of history in the city, is… Read more
MedProperties, Anchor Health Acquire MOB Portfolio in MD
MedProperties’ newest investment, the Shady Grove Medical Office Building portfolio in Rockville, MD, represents the company’s first acquisition in its… Read more
Chicago Leads in Share of Homeowners Who Can’t Afford to Move
Among all U.S. metro areas, Chicago ranks second only to Virginia Beach in the percentage of homeowners with underwater mortgages,… Read more
Best States for Veteran Retirees
With Memorial Day right around the corner, we honor those who have served our country! In an interesting study, WalletHub… Read more
Real Estate for the Next Generation of Renters
While millennials have dominated the focus of housing demand and design, there’s an aging population that cannot go unnoticed. Dubbed… Read more
Blackstone Hands Back Its Hilton Room Key
The formal announcement from Hilton Worldwide Holdings wasn’t especially momentous: the pricing on a sale of 15.8 million shares of… Read more