DC Commercial Real Estate News

Transwestern Real Estate Services has completed the acquisition of West, Lane & Schlager, a 26-year-old Washington, DC-based commercial real estate firm founded by Eric West.

Transwestern Real Estate Services Acquires Second DC Tenant-Representation Firm

By Lisa McDuffie | January 31, 2023 Houston, TX-based Transwestern Real Estate Services has completed the acquisition of West, Lane &am...Read more

MRP Realty and LaSalle Investment Management are nearly done with the redevelopment of Crystal & Clark (previously Century Center) offices located in Arlington, VA.

MRP Realty, LaSalle Investment Management Near End of Crystal & Clark Redev

By Lisa McDuffie | January 30, 2023 Washington, DC-based real estate operating company MRP Realty and LaSalle Investment Management hav...Read more

Erik Binkowski has joined Lee & Associates’ capital markets group in Washington, DC as principal, debt and structure finance.

Lee & Associates’ DC Office Adds Erik Binkowski as Principal, Debt and Structure Finance

By Lisa McDuffie | January 30, 2023 Lee & Associates’ capital markets group in Washington, DC has welcomed Erik Binkowski as prin...Read more

Somerset Development Company, Jonathan Rose Companies, and Housing Up have begun construction on The Faircliff affordable housing project in Washington, DC.

Partnership Begins Construction on $110M Affordable Residence in Columbia Heights

By Lisa McDuffie | January 26, 2023 Somerset Development Company, Jonathan Rose Companies and Housing Up have begun construction on The...Read more

The Washington Housing Conservancy has acquired the Loree Grande at Union Place Apartments in Washington, DC, for $71.5 million to ensure continued affordability for moderate income workers.

Washington Housing Conservancy Secures DC Community for $72M

By Lisa McDuffie | January 12, 2023 The nonprofit Washington Housing Conservancy has acquired the Loree Grande at Union Place Apartment...Read more

Christopher Doerr, William Harvey and Shack Stanwick have joined the Washington, DC office of Northmarq to lead the location’s investment sales efforts.

Northmarq Installs Company’s First Washington, DC-Based Investment Sales Team

By Lisa McDuffie | December 22, 2022 Capital market resource Northmarq has added its first investment sales team to the company’s Wash...Read more

MRP Realty and Asana Partners have jointly acquired the Duke Energy headquarters building in Charlotte, NC for conversion to an apartment community and retail destination.

MRP Realty, Asana Partners Acquire Charlotte Office Campus for Conversion to Mixed-Use

By Lisa McDuffie | December 20, 2022 Washington, DC-based MRP Realty and Charlotte, NC-based Asana Partners have acquired the Duke Energ...Read more

Kristy David has joined JLL as a SVP for its clean energy and infrastructure advisory team in the company’s Washington, DC’s office

JLL Adds Kristy Davis as SVP to Clean Energy and Infrastructure Practice

By Lisa McDuffie | December 15, 2022 JLL has hired Kristy David as a SVP for its clean energy and infrastructure advisory team in the co...Read more

Toll Brothers Apartment Living has broken ground on a 501-unit apartment complex with retail space located in Washington, DC’s Buzzard Point neighborhood.

Toll Brothers Apartment Living Launches Mixed-Use in DC’s Buzzard Point

By Lisa McDuffie | December 12, 2022 Toll Brothers Apartment Living has broken ground on Vermeer, a mixed-use development located in the...Read more

Standard Communities Expands C-Suite, Names Feras Qumseya Chief Development Officer

By Lisa McDuffie | December 08, 2022 Standard Communities, a national multifamily affordable housing investor and developer, has named W...Read more

MRP Realty and Kraken Kourts have agreed on a lease for a 70,000 square-foot complex that will house 16 pickleball courts in Washington, DC’s Edgewater neighborhood.

MRP Realty Inks Lease for Ginormous Pickleball Complex in DC’s Bryant Street Development

By Lisa McDuffie | December 07, 2022 Washington, DC-based MRP Realty — developer of commercial, residential, industrial and mixed-use ...Read more

Roadside Development and North America Sekisui House, LLC, have completed four multifamily communities in the $715-million City Ridge mixed-use development located in Washington, DC.

Roadside Development, North America Sekisui House Complete Residences at DC’s $715M City Ridge

By Lisa McDuffie | December 02, 2022 Washington, DC-based Roadside Development and North America Sekisui House, LLC, have completed near...Read more

Red Oak Capital Holdings has originated an $8.5-million bridge loan to refinance and rehabilitate the 8th Street NW Apartments affordable community in Washington, DC’s Brightwood Park neighborhood.

Red Oak Capital Holdings Provides $9M in Refi, Redev Funds for Affordable Community in DC

By Lisa McDuffie | December 02, 2022 Red Oak Capital Holdings has originated an $8.5-million bridge loan to refinance and rehabilitate a...Read more

Stephanie Marcus has joined JLL as VP in its local markets advisory services group, government and education practice.

JLL Adds Stephanie Marcus as VP in Government and Education Practice

By Lisa McDuffie | December 01, 2022 JLL has hired Stephanie Marcus as VP in its local markets advisory services group (within the gover...Read more

A 4,403-square-foot retail condo leased to TD Bank on the ground floor of the Metropole Condominiums located at 1515 15th Street Northwest in Washington, DC has traded for $7.6 million.

TD Bank Leased Retail Condo in DC’s Logan Circle Goes for $8M

By Lisa McDuffie | November 30, 2022 Northmarq has brokered the $7.6-million sale of a 4,403-square-foot retail condo on the ground floo...Read more

Lerner Enterprises has purchased Lerner Park at Gatlin Commons Apartments in Port Saint Lucie, FL for $65 million.

Washington Nationals’ Principal Owner Buys $65M Multifam in NY Mets’ Spring Stomping Grounds

By Lisa McDuffie | November 29, 2022 Rockville, MD-based Lerner Enterprises — which is owned by Mark Lerner, principal owner of Major ...Read more

FRP Holdings, Inc., Steuart Investment Company and MidAtlantic Realty Partners have reached agreement 10 mixed-use projects in Washington, DC.

Trio Agrees to Terms for 10 Mixed-Use Developments in Capitol Riverfront, Buzzard Point

By Lisa McDuffie | November 16, 2022 Jacksonville, FL-based FRP Holdings, Inc., has executed an agreement with Steuart Investment Compan...Read more

Stephen Riffee is retiring as EVP and CFO from Elme Communities, to be replaced by Steven Freishtat as CFO.

Nation’s First REIT Reveals Succession Plan, Unveils New Company Name

By Lisa McDuffie | November 15, 2022 Washington, DC-based Elme Communities (formerly Washington Real Estate Investment Trust or WashREIT...Read more

ACRES Capital Corp., has originated a $12.6-million loan to fund the acquisition and pre-development of the Denrike Building in Washington, DC.

Denrike Building in Downtown DC Targeted for Acquisition, Multifamily Conversion

By Lisa McDuffie | November 09, 2022 ACRES Capital Corp., has originated a $12.6-million loan to fund the acquisition and pre-developmen...Read more

Easterly Government Properties, Inc., has sold nine and has agreed to sell another of its federal-government-leased assets for a combined $205.3 million.

Easterly Government Properties Nears Full Disposition of 10-Property Portfolio for $205M

By Lisa McDuffie | November 08, 2022 Washington, DC-based Easterly Government Properties, Inc. — a real estate investment trust focuse...Read more

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