Washington
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
Vivo Investments Secures $45M Loan to Acquire, Convert Baltimore Hotel to Residence
Vivo Investments, LLC — a CA-based private real estate investment and property management company that specializes in converting low-demand hotels… Read more
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