Washington
Invictus Capital Launches CRE Credit Division
Washington D.C.-based alternative investment management firm Invictus Capital Partners has launched a commercial real estate credit division, Invictus Commercial Real… Read more
PRC Secures $29M Bridge Loan for D.C. Metro Office Building
Phillips Realty Capital (PRC) has arranged a $29 million loan for Reston Metro Center One, a 124,076-square-foot office building in… Read more
Bozzuto Development to Build 222-Unit MXU Project in Southwest D.C.
The Westminister Presbyterian Church in Southwest D.C. has partnered with Bozzuto Development to build a 90-foot-tall, mixed-use building with 222… Read more
NMHC: Multifamily Developers Report Increased Delays Due to COVID-19
The Washington D.C.-based National Multifamily Housing Council (NMHC) has reported that more than half (53%) of multifamily developer respondents reported… Read more
American Hotel & Lodging Association Introduces Industry-Wide Cleaning Guidelines
The Washington D.C.-based American Hotel & Lodging Association (AHLA) has introduced Safe Stay, the association’s enhanced industry-wide cleaning guidelines. AHLA’s… Read more
Walker & Dunlop Structures $10M Construction Loan for Hebrew Home Redevelopment
Walker & Dunlop has structured $10.1 million in construction financing for Spring Flats, the redevelopment of a historic property known… Read more
Eastern Union Unit Offers Reduced Pricing on Agency Deals
Two of the top brokers at Eastern Union will lead a new, multifamily financing unit that charges a quarter-point fee for refinancing… Read more
W&D Webcast: The Carlyle Group’s Youngkin on Maintaining a Global Perspective
Although the Carlyle Group’s headquarters in Washington, D.C. rather than New York City once seemed like a real point of… Read more
Capital Square Adds Construction VP
Richmond, VA-based Capital Square, a national investment sponsor specializing in tax-advantaged real estate offerings, has hired Michael Ollinger as VP of… Read more
Common Launches Brand for Workforce Renters
Co-living developer Common has launched its new workforce housing brand, Noah Living, in partnership with Outlier Realty Capital. The brand… Read more
Walker & Dunlop Arranges $2.4B Refi of D.C.-Area Apartments
Walker & Dunlop, Inc. said Thursday that it closed the largest transaction in company history; a $2.4-billion Fannie Mae Credit Facility to refinance… Read more
Bowser Forges Pacts to Bring New Hospitals to D.C.
Washington, D.C. Mayor Muriel Bowser has struck separate agreements to build two new hospitals in the city. They include a… Read more
Co-working Provider MakeOffices Names New CEO
Jeffrey V. Langdon has been named CEO of Arlington, VA-based MakeOffices, succeeding Zach Wade. He will continue the evolution of… Read more
When Office Doors Finally Reopen, What Can We Expect to Find?
By Paul Bubny The commercial real estate industry has been collectively working overtime in preparation for the day restrictions are… Read more
Velocis Buys Rosslyn Offices in Value-Add Play
Dallas-based private equity real estate manager Velocis purchased 1530 Wilson Blvd., a 171,373-square-foot, Class A office building in Rosslyn, VA,… Read more
NMHC: Market Conditions Weaken for Apartment Deals
Market conditions weakened in the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions for April, as the… Read more
Carr Properties’ Paul Stromberg Joins Marcus Partners
Boston-based Marcus Partners has recruited Paul Stromberg to help lead an expansion in the Washington, D.C. metro area. As SVP of asset… Read more
CRE Mortgage Volume Tops $600B in 2019
Commercial and multifamily mortgage bankers closed a record $600.6 billion of loans in 2019, the third consecutive year of new… Read more
Where the Hotspots Are for Economic Fallout
The fallout from the shutdowns mandated by the coronavirus pandemic will affect every major metro area in the country, but… Read more