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WhyHotel Lays Off 'Significant Portion' Of Staff, Shifts Business Model Amid Hospitality Crisis
News 23 hours ago
WhyHotel Lays Off 'Significant Portion' Of Staff, Shifts Business Model Amid Hospitality Crisis

A D. C.-based pop-up hotel startup that had begun to grow across the country is the latest company to feel the pain from falling hospitality demand...

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D.C.'s Office Market Struggled In Q1, And It's Going To Get Worse
News 23 hours ago
D.C.'s Office Market Struggled In Q1, And It's Going To Get Worse

Before the coronavirus crisis began, the D.C. office market was already struggling with high vacancy and stagnant demand, and the freeze in...

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How Rappaport Is Handling Its Hundreds Of Retail Tenants Who Can't Pay The Rent
News 1 day ago
How Rappaport Is Handling Its Hundreds Of Retail Tenants Who Can't Pay The Rent

The unprecedented crisis the retail industry is facing came to a crescendo Wednesday, as the first monthly rent payments came due since thousands...

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MLB's Delayed Opening Day Could Give Half Street A Proper Debut
News 1 day ago
MLB's Delayed Opening Day Could Give Half Street A Proper Debut

The Washington Nationals were scheduled to host their first home game since winning the World Series on Thursday, and the new retailers on Half...

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Marriott Headquarters Construction Temporarily Halted After 2 Workers Tested Positive For Coronavirus
News 1 day ago
Marriott Headquarters Construction Temporarily Halted After 2 Workers Tested Positive For Coronavirus

Marriott International, one of the companies hardest hit by the coronavirus pandemic, is now temporarily stopping work on its new $600M corporate...

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Wells Fargo Signs 70K SF Lease To Relocate D.C. Office
News 2 days ago
Wells Fargo Signs 70K SF Lease To Relocate D.C. Office

A Downtown D. C. office building that recently lost its anchor tenant has just inked a lease with one of the world's largest banks. Wells Fargo...

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Cushman & Wakefield Hires Investment Sales Broker From Greysteel
News 3 days ago
Cushman & Wakefield Hires Investment Sales Broker From Greysteel

Cushman & Wakefield is bolstering its Mid-Atlantic investment sales team with a new Baltimore-based hire. The firm announced Tuesday it hired Ari...

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Falls Church Office Building Sells For $98M
News 3 days ago
Falls Church Office Building Sells For $98M

A Northern Virginia office building that recently landed an anchor tenant has just traded hands for nearly $100M. JLL brokered the sale of the...

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MidCity's 1,700-Unit RIA Project Clears Hurdle As Judge Rules In Favor Of Developer
News 3 days ago
MidCity's 1,700-Unit RIA Project Clears Hurdle As Judge Rules In Favor Of Developer

A judge has ruled in favor of MidCity in one of the two lawsuits over its planned 1,700-unit redevelopment of Northeast D. C.'s Brookland Manor...

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D.C., Maryland, Virginia Issue Stay-At-Home Orders, Allow Construction To Continue
News 4 days ago
D.C., Maryland, Virginia Issue Stay-At-Home Orders, Allow Construction To Continue

Maryland and Virginia and D. C. residents will soon be restricted from leaving their homes unless for essential reasons, but the region's...

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New Coalition Forms To Help D.C. Restaurants Survive
News 4 days ago
New Coalition Forms To Help D.C. Restaurants Survive

D.C. restaurants have been unable to seat customers for two weeks - and it could be months before they can again - as coronavirus-related social...

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Mixed-Use Project Planned For 11-Acre Prince George's County Site
News 4 days ago
Mixed-Use Project Planned For 11-Acre Prince George's County Site

Prince George's County has shifted its entitlement process to virtual meetings amid the coronavirus pandemic, and next week it is slated to...

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United Bank Names CRE Industry Leader Robert Drake Senior Vice President, Managing Director Of Commercial Real Estate
News 1 week ago
United Bank Names CRE Industry Leader Robert Drake Senior Vice President, Managing Director Of Commercial Real Estate

United Bank has chosen a new leader for its commercial real estate lending division. Robert Drake, an industry veteran with more than 30 years of...

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Office Movers Now Come Strapped With Tracking Technologies
News 1 week ago
Office Movers Now Come Strapped With Tracking Technologies

Moving is among the most stressful of life events, and that goes double for moving offices. In a survey, more than three-quarters of leaders of...

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D.C.-Area Construction Starts Were Down 50% Before March Began
News 1 week ago
D.C.-Area Construction Starts Were Down 50% Before March Began

The spread of the coronavirus has ground the D.C.-area economy to a halt in recent weeks, but even before the region's first positive case was...

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Monument Sells Adams Morgan Retail Property In Deal It Locked In Before Crisis
News 1 week ago
Monument Sells Adams Morgan Retail Property In Deal It Locked In Before Crisis

The ground-floor retail space in an Adams Morgan building has just traded hands despite one of its tenants being forced to close over the...

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New Live-Work Building Opening In Fairfax As People Adjust To Remote Working
News 1 week ago
New Live-Work Building Opening In Fairfax As People Adjust To Remote Working

For several years, Robert Seldin has envisioned the concept of live-work units becoming the way of the future. Now his company is opening a...

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D.C. Developers Looking To Break Ground Face New Delays As Localities Move Functions Online
News 1 week ago
D.C. Developers Looking To Break Ground Face New Delays As Localities Move Functions Online

The coronavirus and its economic fallout have already led developers to begin halting projects, but those still looking to move forward face new...

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Plan To Add 3 Multifamily Towers To Rosslyn's Key Bridge Marriott Site Moves Forward
News 1 week ago
Plan To Add 3 Multifamily Towers To Rosslyn's Key Bridge Marriott Site Moves Forward

A plan to add more than 450 residential units to the site of the Key Bridge Marriott in Rosslyn is moving forward. The Arlington County Board...

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Residential Developer Plans 655 Units On Westphalia Site In Prince George's County
News 1 week ago
Residential Developer Plans 655 Units On Westphalia Site In Prince George's County

A residential portion of the massive Prince George's County development where Amazon backed out of plans to build a fulfillment center is now...

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RPAI Halts Largo Development, Citing 'Current Macroeconomic Conditions'
News 1 week ago
RPAI Halts Largo Development, Citing 'Current Macroeconomic Conditions'

The economic crisis created by the coronavirus pandemic is beginning to have an impact on the D. C.-area development pipeline. Retail Properties of...

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D.C. Hotel Industry Suffers Unprecedented Damage
News 1 week ago
D.C. Hotel Industry Suffers Unprecedented Damage

Hotel owners in D. C. have never experienced a crisis as severe as the one they face today. With the coronavirus pandemic causing event...

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The Hotel At UMD Lays Off 150 After Closing For Coronavirus
News 2 weeks ago
The Hotel At UMD Lays Off 150 After Closing For Coronavirus

The $180M hotel that opened in College Park in 2017 is now facing severe challenges as the coronavirus depresses hotel demand. After announcing...

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How Susan Swanezy Advanced As A Single Mother In A Male-Dominated Industry
News 2 weeks ago
How Susan Swanezy Advanced As A Single Mother In A Male-Dominated Industry

When she was working her way up in the commercial real estate finance industry, Susan Swanezy said the further she advanced, the fewer women she...

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Amid Massive Sell-Off, Marriott CEO Tells Investors
News 2 weeks ago
Amid Massive Sell-Off, Marriott CEO Tells Investors

The world's largest hotel company, Marriott International, has been hit particularly hard as the coronavirus has stopped people from traveling, but...

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Construction To Begin On Comstock's Downtown Herndon Development
News 2 weeks ago
Construction To Begin On Comstock's Downtown Herndon Development

A development that will bring nearly 300 apartments, an arts center and retail to downtown Herndon is set to begin construction. Crews will begin...

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Tenleytown Group Files Court Appeal Over 86-Unit Church Redevelopment
News 2 weeks ago
Tenleytown Group Files Court Appeal Over 86-Unit Church Redevelopment

A plan to redevelop a church in upper Northwest D. C. and add senior housing has received opposition from a neighborhood group, and it is now...

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Investment Managers Launch Coronavirus Fund To Buy Low On Hospitality Stocks
News 2 weeks ago
Investment Managers Launch Coronavirus Fund To Buy Low On Hospitality Stocks

The coronavirus pandemic sweeping the world has caused seismic drops in the stock market, especially for some commercial real estate sectors, and a...

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A New Solution For Obsolete HVAC Units
News 2 weeks ago
A New Solution For Obsolete HVAC Units

High-quality HVAC systems are built to last for decades. Technology, however, does not always stand the test of time. "HVAC systems often outlive...

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As Restaurants, Retail Owners Brace For 'Absolute Disaster,' D.C. Passes Relief Bill
News 2 weeks ago
As Restaurants, Retail Owners Brace For 'Absolute Disaster,' D.C. Passes Relief Bill

Geoff Dawson, the owner of major D. C. bars including Penn Social and Franklin Hall, says he is preparing to lay off about 90% of his 300 employees...

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