Washington
D.C. Apartment Property Trades for $19M
Marcus & Millichap has arranged the $19.1 million sale of Griffin Apartments at Petworth Metro, a 49-unit apartment property nearby… Read more
EagleBank Invests $5M in Washington Housing Initiative
Washington D.C. community bank EagleBank has committed $5 million to the Washington Housing Initiative’s Impact Pool, a market-driven approach to… Read more
Berkadia Secures $22M Refinancing for Maryland Skilled Nursing Facility
Berkadia’s Washington D.C.-based Seniors Housing & Healthcare Group has secured a $22.2 million 232/223(f) HUD loan to refinance a 157-bed… Read more
Industry Leaders Have Eye on Congress in Latest W&D Webcast
As the full extent of the economic impact from COVID-19 and the shutdown became clear in May, Congress moved swiftly… Read more
AHLA: Only 37% of Hotels Have Brought Back at Least Half of Their Employees
A new survey of the Washington D.C.-based American Hotel & Lodging Association’s (AHLA) members found that only 37% of respondents… Read more
Proptech Company Aquicore Secures $14M in New Funding
Washington D.C.-based smart building platform Aquicore has secured $14 million in new funding in a round led by Keyframe Capital… Read more
CitizenM Hotel Moves Forward in D.C. Despite Pandemic
Dutch hotel brand CitizenM plans to open its first hotel in D.C. on Aug. 27, despite the ongoing COVID-19 pandemic… Read more
Wells Fargo Provides $385M Refinancing for D.C. Multifamily Portfolio
Wells Fargo has provided $385 million to refinance a 1,255-unit, three-property multifamily portfolio in metro D.C. The borrower was multifamily… Read more
Architecture Firm NBBJ Opens Washington D.C. Office
Global architecture and design firm NBBJ has opened an office in Washington D.C. The office, which will focus on commercial… Read more
MBA Expects 59% Volume Drop for CRE Mortgage Lending This Year
Commercial and multifamily mortgage bankers are expected to close $248 billion of loans backed by income-producing properties in 2020, a… Read more
AHLA Releases Top Five Requirements to Travel Safely
The Washington D.C.-based American Hotel & Lodging Association (AHLA) has released the Safe Stay Guest Checklist, a guide for guests… Read more
WashREIT Taps Transwestern to Lease Arlington Tower
Transwestern Real Estate Services (TRS) has been named leasing agent for WashREIT’s Arlington Tower at 1300 N. 17th St. in… Read more
Savills Hires Fechter as Managing Director in Miami
Savills has hired Marc Fechter as managing director in the firm’s Miami office. Fechter will be responsible for providing customized… Read more
CBRE: Pandemic Won’t Diminish Tech-Talent Hubs
Demand for many tech services has grown during the COVID-19 pandemic, helping North American tech-talent to prove resilient amid economic… Read more
Boston Ranks 8th on CBRE’s ‘Scoring Tech Talent’ Report
CBRE has ranked Boston eighth on the firm’s tech talent scorecard, part of its annual Scoring Tech Talent Report, which… Read more
Metro D.C. Apartment Community Trades for $82M
Privately-held real estate investment company FCP has sold Potomac Vista Apartments, a 408-unit apartment community in Woodbridge, VA. The community… Read more
Urban Investment Partners Snags Two D.C. Apartment Communities for $21M
Urban Investment Partners has acquired two apartment properties in Washington D.C. for a total of $21 million. The firm acquired… Read more
Clune Construction Promotes Mackey, Brandquist, Daniels and Jewart in D.C.
Clune Construction has promoted Mike Mackey, Conor Brandquist, Kevin Daniels and Jeremy Jewart to Managing Director and officer-level positions in… Read more
W&D Webcast: Wayne Frederick Brings “Equanimity Under Pressure” to Howard U. Presidency
Although he claims to have taken on the presidency of Howard University almost reluctantly, Dr. Wayne A. I. Frederick has… Read more