Washington
Transwestern Real Estate Services Acquires Second DC Tenant-Representation Firm
Houston, TX-based Transwestern Real Estate Services has completed the acquisition of West, Lane & Schlager, a 26-year-old commercial real estate… Read more
MRP Realty, LaSalle Investment Management Near End of Crystal & Clark Redev
Washington, DC-based real estate operating company MRP Realty and LaSalle Investment Management have neared completion of their redevelopment efforts at… Read more
Lee & Associates’ DC Office Adds Erik Binkowski as Principal, Debt and Structure Finance
Lee & Associates’ capital markets group in Washington, DC has welcomed Erik Binkowski as principal, debt and structure finance. In… Read more
Partnership Begins Construction on $110M Affordable Residence in Columbia Heights
Somerset Development Company, Jonathan Rose Companies and Housing Up have begun construction on The Faircliff, a $110-million, 125-unit affordable housing… Read more
Middleburg Communities Adds Robin Bettarel as Managing Director of Development
Vienna, VA-based Middleburg Communities has appointed Robin Bettarel as managing director of development. She will be responsible for leading the… Read more
We’re Looking for More Top Leasing and Sales Brokers
Early response has been positive for Connect CRE’s sixth annual call for Top Broker Award nominations. However, we’re looking for as wide a cross-section… Read more
Electra America Hospitality Group Acquires Boston Boutique Hotel, Converts to AKA Brand
North Palm Beach, FL-based Electra America Hospitality Group has acquired the 190-room Kimpton Nine Zero hotel in downtown Boston and… Read more
Washington Housing Initiative Impact Pool Wraps Up 2022 with $50M Provided for Three Multifamilies
The Washington Housing Initiative Impact Pool, an affordable housing investment platform managed by Bethesda, MD-based JBG SMITH, provided $50 million… Read more
CBRE Hotels Capital Markets Institutional Group Arranges $514M Sale of 65-Hotel Portfolio
Atlanta, GA-based CBRE Hotels Capital Markets Institutional Group has arranged the sale of a 65-property, 7,865-key hotel portfolio located across… Read more
Service Properties Trust Sells 65-Property Sonesta Hotel Portfolio for $514M
Newton, MA-based Service Properties Trust has sold a 65-property, 7,865-key hotel portfolio located across 27 states for a total consideration… Read more
Transwestern Real Estate Services Acquires MGA to Bolster Tenant Advisory Services
Transwestern Real Estate Services has acquired MGA, Inc., a Washington, DC-based commercial real estate firm specializing in tenant advisory services.… Read more
Shopping Center Vacancy Reaches Historic Lows
Retail shopping center real estate markets remained strong in the fourth quarter of 2022, as resilient demand drove shopping center… Read more
Nominate Commercial Real Estate’s Top Leasing and Sales Brokers
In 2022, a year which added macroeconomic challenges to the mix, commercial real estate’s dealmakers got it done. Do you know… Read more
Washington Housing Conservancy Secures DC Community for $72M
The nonprofit Washington Housing Conservancy has acquired the Loree Grande at Union Place Apartments, a 212-unit community located at 250… Read more
CMBS Loan Delinquencies Tick Upward for Third Consecutive Month
CMBS loans rated by Kroll Bond Rating Agency (KBRA) saw an eight-basis point increase in delinquencies during December 2022. The… Read more
Northmarq Installs Company’s First Washington, DC-Based Investment Sales Team
Capital market resource Northmarq has added its first investment sales team to the company’s Washington, DC office. Christopher Doerr, William… Read more
MRP Realty, Asana Partners Acquire Charlotte Office Campus for Conversion to Mixed-Use
Washington, DC-based MRP Realty and Charlotte, NC-based Asana Partners have acquired the Duke Energy headquarters building at 526 S. Church… Read more
Child Care Provider Vivvi Coming to Upper East Side via Rudin Lease
Child care and early learning provider Vivvi will open a new campus at the base of Rudin’s 32-story residential building… Read more
JLL Adds Kristy Davis as SVP to Clean Energy and Infrastructure Practice
JLL has hired Kristy David as a SVP for its clean energy and infrastructure advisory team in the company’s Washington,… Read more