Washington
Renewals Grow Share of 2020’s Biggest Office Leases
Renewals claimed a significantly bigger portion of the largest 100 U.S. office leases in 2020, according to a new report from CBRE. Their… Read more
Red Oak Financial Secures $3M Bridge Loan for Metro D.C. Apartments
Red Oak Financial has provided a $2.9 million bridge loan for Chesapeake Apartments, a 14-unit apartment community in Washington D.C.… Read more
Underpinning the Pandemic, Another Malady: Municipal Finances
COVID-19 and the resulting economic downturn made a considerable impact in many areas of the U.S. economy during 2020, but… Read more
We’re Looking for More of the Industry’s Top Brokers
Although response to date has been positive for our fourth annual call for Top Broker Award nominations, we’re looking for… Read more
Standard Communities Acquires 42-Unit Affordable Housing Property in D.C.
Standard Communities has acquired Ritch Homes Apartments, a 42-unit affordable housing property in Washington D.C. The sales price was $15… Read more
33-Acre Buy to Deliver 1,600 Luxury Units to Phoenix
Marking Florida-based ZOM Living’s entrance into the Arizona market, the firm recently acquired a portfolio of four parcels totaling 33… Read more
Housing and Light Manufacturing Eyed for Vacant Red Hook Warehouse
DRAW Brooklyn, led by longtime Red Hook resident Alexandros Washburn, announced plans for the Model Block redevelopment project. It aims… Read more
Paramount Completes $103M Sale of DC Office Property
New York City-based real estate investment trust Paramount Group has completed the $103 million sale of 1899 Pennsylvania Avenue, a… Read more
Red Oak Financial Provides $3M Acquisition Loan for Metro D.C. Apartments
Michigan-based commercial real estate finance company Red Oak Financial has provided a $2.8 million loan for Hunt Manor, a 15-unit… Read more
29th Street Capital Hires Brian Berry as Senior VP for Mid Atlantic
Privately-held real estate investment firm 29th Street Capital has hired Brian Berry as Senior Vice President of its Mid-Atlantic region.… Read more
Nominate the Year’s Top Sales and Leasing Brokers
Do you know a commercial real estate broker or team who made a big impact in 2020 amid the challenges… Read more
Washington D.C. Hotel Portfolio Trades for $34M
Berkadia has brokered the $33.5 million sale of Georgetown Suites, a 223-room hotel portfolio in Washington D.C. The portfolio consists… Read more
Washington D.C. Office Building Trades for $59M
JLL has arranged the $58.5 million leasehold sale of 1717 Rhode Island, a 157,050-square-foot boutique office building in downtown Washington,… Read more
KeyBank Taps Leslie Meyers as Senior VP in D.C.
KeyBank Real Estate Capital has tapped Leslie Meyers as senior vice president and senior mortgage banker, FHA Affordable Housing. Meyers… Read more
WashREIT Divests from Two D.C. Office Properties for $107M
WashREIT has divested from two office properties in Washington D.C. for a combined $106.5 million. The properties sold include 1227… Read more
Metro D.C. Office Portfolio Trades for $107M
JLL has arranged the $106.5 million sale of two Washington, D.C. area office assets. The sales consisted of Monument II,… Read more
JV Acquires Trophy Office Asset in D.C. for $106M
A joint venture between MC Real Estate Partners and an international family office has acquired 1000 F Street, a trophy… Read more
Metro DC Apartment Community Trades for $84M
A partnership consisting of The Donaldson Group, Declaration Partners and a fund managed by DRA Advisors has acquired Fairmont Garden… Read more
JV to Redevelop 400K-SF Office Building in D.C.’s Penn Quarter
Stonebridge and joint venture partner Rockefeller Group have announced plans to redevelop the Jackson Graham Building, a 400,000-square-foot office property… Read more