Virginia
Applied Predictive to Remain, and Expand in VA
Applied Predictive Technologies will keep its Ballston, VA headquarters, despite being wooed by Washington, DC and North Carolina. The software… 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
Is Free Rent Signaling a Multifamily Market Peak?
In a sign that the San Francisco market has peaked, offers of free rent are cropping up in landlords’ efforts… Read more
Lingerfelt Takes Ownership of 196K-SF in Jacksonville, FL
Lingerfelt CommonWealth Realty Partners LLC bought the 196,649-square-foot Stein Mart Building at 1200 Riverplace Blvd. in Jacksonville, FL. The Richmond,… Read more
ASB Real Estate Secures $105M Refi on VA MF Properties
ASB Real Estate Investments secured a 10-year, $105 million, fixed-rate loan on two multifamily buildings owned by its Allegiance Fund. The… Read more
Berkadia Completes Record $164M MF Tustin Deal
Connect Orange County is just around the corner. The conference features an information-packed lineup of speakers. Register here. Arlington, VA-based AvalonBay… Read more
Cortland Enters DC Market with 630-Unit MF Purchase
Cortland Partners of Atlanta, GA has acquired the 630-unit Stoneridge Apartments, making its first foray into the Washington, DC market.… 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
Circuit City is Collaborating with Former Competition
By: Daniella Soloway Circuit City faced its demise back in 2009, while Amazon was taking off. Under its second post-bankruptcy… Read more
Meridian Acquires International Place for $100M
Bethesda, MD-based The Meridian Group acquired International Place, a 12-story office asset in Rosslyn, VA from Boston-based Beacon Capital Partners… Read more
Outdoor Offices: The Next New Thing?
In an effort to get most indoor worker bees into the fresh air and sunshine, some developers are proposing outdoor… Read more
Simon Launches Construction on Norfolk Premium Outlets
Simon Property Group has launched construction on Norfolk Premium Outlets at Interstate 64 and Northampton Boulevard in Norfolk, VA. The… Read more
Washington REIT Closes on $245M VA Multifamily Buy
Washington Real Estate Investment Trust closed on its acquisition with Apartment Investment and Management Co. (AIMCO) for the 1,222-unit Riverside… Read more
MVE + Partners Celebrates Groundbreaking on Second Spring St Tower
Two mixed-use, 24-story apartment towers are at the forefront of a revitalization underway on the Spring Street corridor in DTLA.… Read more
Virginia Beach, Armada Hoffler Team on $32M Development
Armada Hoffler Properties, in a public-private partnership with the City of Virginia Beach, has announced a $32 million, mixed-use project… Read more
AvalonBay, Regency Partner on $406M Virginia Acquisition
Regency Centers Corp. has teamed with AvalonBay Communities to acquire the massive, mixed-use Market Common Clarendon from TIAA-CREF. The duo… Read more
Dollar General Readies for $85M Facility in GA
Dollar General Corp. has acquired land in Jackson, GA, which will serve as the discount retailer’s 15th distribution facility. The… Read more
Kohlberg Acquires Interstate Hotels
Private equity firm Kohlberg & Co., based in New York City, acquired Interstate Hotels & Resorts (IHR) from Thayer Lodging… Read more