Washington
Pebblebrook Divests Dupont Circle Hotel for $142M
Bethesda, MD-based Pebblebrook Hotel Trust closed on the sale of the 335-room Hotel Palomar Washington, D.C. for $141.5 million. The… Read more
AECOM-Canyon Partners JV to Provide Equity for $4B in Development Projects
AECOM Capital and Canyon Partners LLC have launched a joint venture focused on investing in large-scale, institutional-quality real estate development… Read more
RCA Report: Global Cities Price Growth Slows in 2018
Global commercial real estate gateway cities continued to experience slowing in annual price growth. New research by Real Capital Analytics… Read more
Uptown Suites Opens First Property in Texas
Extended-stay brand Uptown Suites has opened its first property in Texas. The 129-room property is located in Round Rock, a… Read more
NKF Builds MF Capital Markets Team in Denver
NKF added multifamily finance experts Charlie Williams as Senior Managing Director and David Treadwell and Tim Weldon as Managing Directors… Read more
John Hopkins University Buying D.C.’s Newseum Building for $373M
The Freedom Forum is selling the 250,000-square-foot building in Washington, D.C. that houses the Newseum to John Hopkins University for… Read more
Beacon Capital Closes $1.6B Office Fund
Boston-based Beacon Capital Partners, LLC held its final close on Beacon Capital Strategic Partners 8, L.P. (BCSP 8). The commingled… Read more
The Crowded, Competitive Co-Working Sector
Mention the term co-working, and the first thought that might come to mind is WeWork. However, dig beneath the news… Read more
Perseus TDC Completes Redevelopment of D.C. MXU Following Fire
Perseus TDC completed construction on Penn 11, a mixed-use project comprising 34 condominium units and 13,500 square feet of ground-floor retail… Read more
Chase’s Kurt Stuart: NY Multifamily Outlook, Lending Perspective and Technology Impact
By Dennis Kaiser Connect Media recently got together with Kurt Stuart, area manager for the Northeast Region, including New York,… Read more
Bringing Turnkey Rentals to Boston
Add Boston to the roster of markets for Blueground’s furnished-apartment platform. The Athens-based hospitality tech company is entering the market… Read more
Terrance Hunt: Trends in (Denver) Multifamily
Real estate is a highly geographical business; this is especially true in the multifamily industry. To that end, Terrance Hunt,… Read more
CBRE Global Investors Claims D.C.’s Warner Building for $377M
The Warner Building, a 583,453-square-foot office building, located at 1299 Pennsylvania Ave., NW in Washington, D.C., has traded hands. Los… Read more
Opportunity Zone Funds Come in Different Shapes and Sizes
The Dec. 3 update of Qualified Opportunity Zone funds, compiled by the National Council of State Housing Agencies (NCSHA), lists… Read more
Urban Retail Trends Predict the Bigger Picture
The U.S. shopping corridor where people spend the most time—is it Fifth Avenue in New York or Rodeo Drive in… Read more
Hubbard Street Brings Coffee, Fitness to Wicker Park
If you’re a Wicker Park fitness enthusiast who fuels morning workouts with coffee, then Hubbard Street Group has you covered.… Read more
Evolving Office-Supply Retailers’ Strategies Could Jam CMBS
Office Depot and Staples continue to pivot away from traditional retail office-supply offerings and toward business-services solutions. A commercial mortgage-backed… Read more
$150M Ground Lease Executed in Washington, D.C.
Safety, Income & Growth Inc. (SAFE) originated a new $150-million ground lease, the largest single asset lease in its portfolio,… Read more
Macerich Tests New Concept Called BrandBox
According to research by CoStar, more than 140 million square feet of retail space has closed in malls across America… Read more