Washington
Toll Brothers Apartment Living Launches Mixed-Use in DC’s Buzzard Point
Toll Brothers Apartment Living has broken ground on Vermeer, a mixed-use development located in the Buzzard Point neighborhood of Washington,… Read more
Standard Communities Expands C-Suite, Names Feras Qumseya Chief Development Officer
Standard Communities, a national multifamily affordable housing investor and developer, has named Washington, DC-based Feras Qumseya as chief development officer.… Read more
JLL Launches Financial Services Platform in Americas
JLL has launched JLL Financial Services in the Americas. Led by president Bobby Magnano and vice chairman Giles Wrench, the… Read more
MRP Realty Inks Lease for Ginormous Pickleball Complex in DC’s Bryant Street Development
Washington, DC-based MRP Realty — developer of commercial, residential, industrial and mixed-use real estate in the DC region — has… Read more
Roadside Development, North America Sekisui House Complete Residences at DC’s $715M City Ridge
Washington, DC-based Roadside Development and North America Sekisui House, LLC, have completed nearly 700 residences across four multifamily communities in… Read more
Red Oak Capital Holdings Provides $9M in Refi, Redev Funds for Affordable Community in DC
Red Oak Capital Holdings has originated an $8.5-million bridge loan to refinance and rehabilitate a low-rise multifamily property located in… Read more
Mass Timber and Sustainability: Q&A with PMA’s Danny Harrington
Once a construction material outlier, mass timber is fast becoming a product that offers flexibility and sustainability in structure construction.… Read more
JLL Adds Stephanie Marcus as VP in Government and Education Practice
JLL has hired Stephanie Marcus as VP in its local markets advisory services group (within the government and education practice)… Read more
New Office Space Demand Posts Second Monthly Increase
New demand for office space rose for the second consecutive month, up 8.3% from a VTS Office Demand Index (VODI) reading… Read more
The Goldstar Group Locks in $84M to Develop 350-Unit Multifamily in Frederick
Bethesda, MD-based The Goldstar Group has secured a $83.7-million loan to fund the construction and stabilization of Residences at East… Read more
TD Bank Leased Retail Condo in DC’s Logan Circle Goes for $8M
Northmarq has brokered the $7.6-million sale of a 4,403-square-foot retail condo on the ground floor of the Metropole Condominiums located… Read more
Apartment Conversions Beat Out Ground-Up Construction
A July 2022 report issued by the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) indicated that the… Read more
SFR Rent Growth Decreases, But Don’t Panic
Recently released information indicates that annual rent growth for single-family homes decreased slightly. But given fundamentals, renter households won’t likely… Read more
EQ Office Names Britton Derkac SVP and National Head of Leasing
EQ Office has appointed Boston, MA-based Britton Derkac to the newly created position of SVP and national head of leasing.… Read more
Trio Agrees to Terms for 10 Mixed-Use Developments in Capitol Riverfront, Buzzard Point
Jacksonville, FL-based FRP Holdings, Inc., has executed an agreement with Steuart Investment Company and MidAtlantic Realty Partners for the development… Read more
Nation’s First REIT Reveals Succession Plan, Unveils New Company Name
Washington, DC-based Elme Communities (formerly Washington Real Estate Investment Trust or WashREIT) has announced the planned retirement of Stephen Riffee,… Read more
Arcland Property Company Acquires Off-Market Self-Storage Facilities in VA, MD
Washington, DC-based Arcland Property Company has acquired self-storage facilities at 4551 Eisenhower Ave, Alexandria, VA and 3700 Plyers Mill Rd,… Read more
$301M Sale of Ashburn Data Center Catapults DC Region to Decade’s Top US Digital Infrastructure Market
Ashburn, VA’s Quantum Park was the star digital infrastructure asset of the last 10 years, according to a report by… Read more
Denrike Building in Downtown DC Targeted for Acquisition, Multifamily Conversion
ACRES Capital Corp., has originated a $12.6-million loan to fund the acquisition and pre-development of the Denrike Building at 1010… Read more