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How 5 D.C.-Area Restaurateurs Are Handling Plans To Open New Locations This Year
News 9 hours ago
How 5 D.C.-Area Restaurateurs Are Handling Plans To Open New Locations This Year

The coronavirus has created significant pain for the existing restaurant market as owners have tried to pivot to takeout and keep their business...

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Microsoft Growing By 400K SF In Northern Virginia
News 9 hours ago
Microsoft Growing By 400K SF In Northern Virginia

Technology giant Microsoft is planning to create 1,500 new jobs in Northern Virginia in newly leased office space at Reston Town Center. Virginia...

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Bozzuto Partnering With Southwest D.C. Church On 222-Unit Development
News 1 day ago
Bozzuto Partnering With Southwest D.C. Church On 222-Unit Development

A Southwest D. C. church has brought on a team to redevelop its property into a multifamily building with ground-floor church facilities. The...

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Why Affordable And Senior Housing Properties Are Extra Hard To Fill Right Now
News 1 day ago
Why Affordable And Senior Housing Properties Are Extra Hard To Fill Right Now

Developers working to lease up senior housing projects and affordable buildings during the coronavirus pandemic are facing challenges that their...

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Monday Properties Closes Financing To Begin Construction On Alexandria Apartment Building
News 1 day ago
Monday Properties Closes Financing To Begin Construction On Alexandria Apartment Building

The coronavirus pandemic has not stopped developers from starting new D. C. projects, with the latest groundbreaking coming in western Alexandria....

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Remote Services Offer Building Owners Control And Insight In Uncertain Times
News 6 days ago
Remote Services Offer Building Owners Control And Insight In Uncertain Times

Office buildings across the country are sitting vacant right now, but for some building heating and cooling systems, it is business as usual. "We...

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A ‘Competitive Furnace’ Burns Inside Willy Walker
News 6 days ago
A ‘Competitive Furnace’ Burns Inside Willy Walker

Willy Walker stepped into the Bethesda office of his family business on Sept. 15, 2003. It was his first day joining Walker & Dunlop, a day he...

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Cresa CEO Jim Underhill Expects A Q3 Office Leasing Surge
News 6 days ago
Cresa CEO Jim Underhill Expects A Q3 Office Leasing Surge

The CEO of the world's largest tenant-only commercial real estate firm said he is seeing a significant pickup in activity after the coronavirus...

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D.C. Advisory Group Lays Out 4-Phase Plan For Reopening
News 6 days ago
D.C. Advisory Group Lays Out 4-Phase Plan For Reopening

The advisory group Mayor Muriel Bowser convened to recommend how to reopen the city has released a four-phase approach that could take effect...

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Brookfield Closes On Land For Chemonics HQ, Begins Vertical Construction
News 6 days ago
Brookfield Closes On Land For Chemonics HQ, Begins Vertical Construction

The first office building at The Yards has reached the vertical phase of construction, and the developer has closed on its acquisition of the land....

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Arlington County Waives Loan Payments For Affordable Housing Borrowers
News 1 week ago
Arlington County Waives Loan Payments For Affordable Housing Borrowers

A new grant from the federal government will help Arlington County provide rental assistance, and the county is also taking new steps to provide...

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NRP Group Breaks Ground On 390-Unit Tysons Project
News 1 week ago
NRP Group Breaks Ground On 390-Unit Tysons Project

The NRP Group has broken ground on its second D. C.-area development since the coronavirus pandemic began. The developer announced Tuesday it began...

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Starwood, JAG Acquire Development Site Across From Nationals Park
News 1 week ago
Starwood, JAG Acquire Development Site Across From Nationals Park

A joint venture of Starwood and Jefferson Apartment Group plans to break ground next year on a 320-unit project across from Nationals Park. A JAG...

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Opportunity Zone Deals Suddenly Accelerate As Program Starts To Look More Attractive
News 1 week ago
Opportunity Zone Deals Suddenly Accelerate As Program Starts To Look More Attractive

In the first month after the coronavirus ground the U. S. economy to a halt, the opportunity zone marketplace had slowed along with the rest of the...

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Bowser Cuts Funding For Affordable Housing But Keeps Major Projects In Proposed Budget
News 1 week ago
Bowser Cuts Funding For Affordable Housing But Keeps Major Projects In Proposed Budget

The District is facing major revenue shortfalls as the coronavirus continues to halt economic activity, and Mayor Muriel Bowser Monday released her...

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Cushman & Wakefield Hires Tysons-Based Tenant Broker From WeWork
News 1 week ago
Cushman & Wakefield Hires Tysons-Based Tenant Broker From WeWork

Cushman & Wakefield is bolstering its Tysons-based tenant representation team with a hire from embattled coworking giant WeWork. The brokerage firm...

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Macy's Looks To Sell Ballston Store To Developer
News 1 week ago
Macy's Looks To Sell Ballston Store To Developer

As the retail industry's struggles continue, Macy's is looking to sell its store in Arlington's Ballston neighborhood, and the property could...

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GSA Looking To Lease 126K SF In Suburban Maryland
News 1 week ago
GSA Looking To Lease 126K SF In Suburban Maryland

A federal agency headquartered in Downtown Bethesda could be on the move. The GSA released a pre-solicitation Thursday seeking between 110K SF and...

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Pandemic Has Put Leases On Pause, But Tech Demand Still Expected To Grow In D.C. Area
News 1 week ago
Pandemic Has Put Leases On Pause, But Tech Demand Still Expected To Grow In D.C. Area

Office leasing activity in the D.C. area has slowed during the pandemic, with many companies putting major decisions on hold. But as market...

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Origami Capital Partners Acquires 26-Acre CIT Campus In Northern Virginia
News 1 week ago
Origami Capital Partners Acquires 26-Acre CIT Campus In Northern Virginia

A 26-acre office campus with major development potential near Dulles International Airport has found a new owner. An affiliate of Origami Capital...

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GSA Awards 39M SF Of Leasing Contracts To Brokerage Firms
News 1 week ago
GSA Awards 39M SF Of Leasing Contracts To Brokerage Firms

The federal government's real estate arm has awarded brokerage firms with a series of contracts as it continues to work through its backlog of...

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Office Building Near Union Station Eyed For Hotel, Retail Redevelopment
News 2 weeks ago
Office Building Near Union Station Eyed For Hotel, Retail Redevelopment

An office building near Union Station that is losing its federal government anchor tenant could soon undergo a major redevelopment. The RMR Group...

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Navigating The ‘What Ifs’ Of Coronavirus
News 2 weeks ago
Navigating The ‘What Ifs’ Of Coronavirus

Before the coronavirus hit, the real estate industry was riding an all-time high. Global CRE investment was at its highest level ever, homebuilding...

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Children’s National To Delay, Suspend Some Real Estate Projects Amid Financial Woes
News 2 weeks ago
Children’s National To Delay, Suspend Some Real Estate Projects Amid Financial Woes

Children's National Health System is losing about $1M a day as the pandemic is lowering the number of non-COVID-19 patients visiting hospitals, and...

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CIM Group Seeks Forbearance For Loan On 1,180-Unit Multifamily Complex In Alexandria
News 2 weeks ago
CIM Group Seeks Forbearance For Loan On 1,180-Unit Multifamily Complex In Alexandria

A global investment firm with nearly $30B in assets is looking for relief on a loan backed by a Northern Virginia apartment community. CIM Group...

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David Marriott To Replace Bill Marriott As Chairman Of Global Hotel Giant
News 2 weeks ago
David Marriott To Replace Bill Marriott As Chairman Of Global Hotel Giant

Bill Marriott is planning to step down from his role as chairman of Marriott International's board after more than four decades leading the company...

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Bethesda Developer Becoming More Active With New CEO, 1,100-Unit Redevelopment
News 2 weeks ago
Bethesda Developer Becoming More Active With New CEO, 1,100-Unit Redevelopment

A Bethesda family real estate company, which was founded just after World War II and has spent decades collecting rent and maintaining a series of...

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Cove Shifts Flexible Office Platform To Prepare For Returning Tenants
News 2 weeks ago
Cove Shifts Flexible Office Platform To Prepare For Returning Tenants

Cove, a D. C.-based workspace company that began with small, shared office locations before pivoting last year to partner with building owners, is...

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Insight Property Group Pays $60M For Fairfax County Apartments
News 2 weeks ago
Insight Property Group Pays $60M For Fairfax County Apartments

Insight Property Group has acquired a Fairfax County multifamily building in a deal that closed during the coronavirus crisis. Berkadia announced...

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Coronavirus Will Likely Lead To New Space Requirements
News 2 weeks ago
Coronavirus Will Likely Lead To New Space Requirements

The federal government has already spent trillions of dollars responding to the coronavirus pandemic, and the official in charge of its real estate...

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