Virginia
Minority-Owned Construction Firm IMC Construction Expands to DC
IMC Construction, the largest minority-owned contractor in the country, is expanding into the DMV with the opening of a new… Read more
Monday Properties Secures Approval for Rosslyn Mixed-Use Redevelopment
Monday Properties announced that the Arlington County Board granted approval of a major site plan amendment for 1401 Wilson Boulevard… Read more
NewPoint Originates $35M Financing for Arlington Hotel-to-Multifamily Conversion
NewPoint Real Estate Capital has originated a $34.6 million floating-rate bridge-to-agency loan for the acquisition and planned conversion of Clarion… Read more
Finmarc Sells Land, Building to Pulte Homes for $26M
Finmarc Management, Inc. has completed the $26.36 million sale of an 83,300 square foot flex and office building, as well as… Read more
Berkadia Arranges Sale of 423-Unit MXU Trophy Property in Arlington
Berkadia completed the sale of The Commodore, a 423-unit luxury multifamily community with 18,461 square feet of ground-floor retail located… Read more
Newmark Arranges $132M Sale of Northern Virginia Industrial Portfolio
Newmark has arranged the $132 million sale of the Featherstone Industrial Portfolio, a 13-building, 734,606-square-foot industrial portfolio in Woodbridge, Virginia,… Read more
JLL Completes HQ Lease for Sandbox at Richmond’s Davenport Building
JLL completed a 6,576-square-foot lease in the Shockoe Slip district of Richmond, Virginia. Sandbox, a Richmond-based consulting firm and provider… Read more
Ascendant Capital Partners Acquires Virginia Hotel Portfolio
Ascendant Capital Partners has acquired an eight-hotel portfolio from Coastal Hospitality Associates, LLC. The Portfolio comprises 965 predominantly beachfront rooms… Read more
PCCP Provides $80M to Refinance Bethesda Apartment Property
PCCP has provided an $80 million loan to Foulger-Pratt for the refinance of The Rae, a 343-unit, apartment property located… Read more
Hoffman & Associates Named Development Partner for Sauer Center Project
Sauer Properties, Inc. has named Hoffman & Associates as the development partner for the next phase of The Sauer Center.… Read more
KLNB, HREC Secure $35M Multifamily Conversion Sale of DC Hotel
KLNB, in collaboration with HREC Investment Advisors, has brokered the $35 million sale of Arlington Court Suites, a 187-unit hotel located at… Read more
Merritt Properties Secures $750M Investment Led by Centerbridge
Merritt Properties announced a $750 million strategic investment led by global investment firm Centerbridge Partners, L.P. This includes dedicated growth… Read more
NAIOP Becomes the Commercial Real Estate Development Association
NAIOP, the association for commercial real estate developers, owners, investors and related professionals, announced that it is now called the Commercial… Read more
Bonaventure Fully Subscribes Multifamily DST Offerings, Raises More Than $54M
Bonaventure announced the full subscription and closing of two DST offerings for Promenade Pointe, a 183-unit waterfront multifamily community in… Read more
Realty Income, Cloud Capital Launch JV to Own Hyperscale Assets
Realty Income Corporation and Cloud Capital said Wednesday they have formed a joint venture with a global institutional investor to… Read more
Digital Realty Acquires Blackstone’s Stake in VA Data Centers for $3.5B
Digital Realty is acquiring a stake in three Virginia data centers from global alternative asset manager Blackstone. Digital Realty has… Read more
Chesapeake Fire Protection Signs Lease with St. John Properties to Relocate, Expand VA Office
Chesapeake Fire Protection, a division of Georgia-based Century Fire Protection, has signed a lease with St. John Properties, Inc. at… Read more