Washington
DC Affordability, Sustainability Project Secures $2M Pre-development Loan
DC Green Bank, Jonathan Rose Companies and Somerset Development Company have closed a $1.85 million pre-development loan to finance the… Read more
Austin Ranks in 2021 STEM Job Growth Index’s Top 10
RCLCO Real Estate Consulting recently unveiled the results of its 2021 STEM Job Growth Index (STEMdex), which projects which metro… Read more
Downtown Chicago’s Class B Office Stock Poised for Residential Conversion
Chicago ranks third only behind New York and Washington, DC in potential for converting class-B office to residential use, according to the National Association… Read more
Barbara Bush Foundation Heads for New Space at The Herald in DC
Marx Realty has welcomed the Barbara Bush Foundation for Family Literacy and two additional new leasors to the newly repositioned… Read more
Office Demand Ticks Up as Signed Leases Tick Down in Major U.S. Markets
Many top U.S. office markets showed improved demand for new office leasing during October, CBRE reported Tuesday. However, the other two leading… Read more
Community-Oriented MLK Gateway Project Well Underway in Anacostia
Partners The Menkiti Group and the Office of the Deputy Mayor for Planning and Economic Development have celebrated phase one… Read more
Trump International Hotel Pending for $375M, to Become a Waldorf Astoria
The Trump International Hotel in Washington, DC, is under contract for $375 million, according to published reports. The buyer, Miami-based… Read more
CDC Renter Moratorium: The Necessity, the Reality and the Impact on the Multifamily Sector
In September 2020, the Trump administration announced a halt on eviction proceedings targeting residential renters. This was in response to the Centers for Disease Control and… Read more
Look Past Vacancies to Predict Growth (or Decline) in Office Demand
A new report on the office-sector outlook by CCIM Institute chief economist and Red Shoe Economics founder KC Conway provides a lot to unpack. As part of… Read more
Nashville Sings a Different Tune with Campaign to Attract Tech Talent
It may wear the longtime nickname Music City with civic pride, but Nashville is serving notice that it’s a lure for people… Read more
Crane Index and Quarterly Cost Report Reveals Eye-Opening Stats
International property and construction consultancy firm Rider Levett Bucknall (RLB) recently released its latest Crane Index and Quarterly Cost Report.… Read more
Rockwood Capital Recapitalizes, Acquires 49% Stake in DC Office Complex
Rockwood Capital has completed the recapitalization of an office complex at 655 New York Avenue NW in Washington, D.C. An… Read more
Science Group Hypothesizes Positive Outcome with Long-Term Lease in Downtown DC
The Center for Science in the Public Interest, a non-profit watchdog and consumer advocacy group, has signed a long-term, 11,500-square-foot… Read more
Mission-Driven Crowdfunding Platform Small Change Backs Five Projects Nationwide
Pittsburgh-based Small Change, a mission-driven real estate crowdfunding platform, has raised $2.1 million for five projects across the U.S. totaling $54 million… Read more
It’s Time to Spotlight CRE’s Standout Attorneys
The deadline is end-of-day on Friday to submit nominations for Connect CRE’s second annual Lawyers in Real Estate Awards. Response to this year’s awards program has been positive,… Read more
NASA to Provide a Glimpse of Juno’s Progress
NASA will hold a virtual briefing at 3 p.m. EDT on Oct. 28 to discuss the latest results from the… Read more
Berkadia Adds Bill Gribbin to Investment Sales Team in DC Metro
Berkadia has added Bill Gribbin as a director to the investment sales team in its Chevy Chase, MD, office. “It’s… Read more
We’re Looking for More Standout Attorneys in Commercial Real Estate
Nominations have been streaming in for Connect CRE’s second annual Lawyers in Real Estate Awards, and we appreciate the positive response. However, we… Read more
Green Street’s Advice to Property Investors: Buy Now
Buy now, Green Street advises commercial property investors. All signs point to higher pricing and lower cap rates next year. “The perfect storm of ultra-low bond… Read more