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DGS Sells CIT Complex in Herndon for $47M
News 1 week ago
DGS Sells CIT Complex in Herndon for $47M

A joint venture between Timberline Real Estate Partners and Origami Capital Partners has acquired The Center for Innovative Technology office...

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Los Angeles' Resilience Factor
News 1 week ago
Los Angeles' Resilience Factor

Writing this from my office at home in between a myriad of Zoom calls, it is immediately obvious how quickly our world has shifted in the past two...

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Dusting Ourselves Off?
News 2 weeks ago
Dusting Ourselves Off?

It's Sunday, and that means we can offer praise to the good lord: A big lease was signed! Yes, Policygenius, an insurance purchasing startup, took...

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Can the MTA Convince New Yorkers the Subways are Safe Again?
News 2 weeks ago
Can the MTA Convince New Yorkers the Subways are Safe Again?

Plagued by a global pandemic, declining ridership, homeless and a sick workforce, the city's rapid transit system will need lots of help....

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BRP Seeking $286M in JV Equity for Archer Towers Project in Queens
News 2 weeks ago
BRP Seeking $286M in JV Equity for Archer Towers Project in Queens

BRP Companies is seeking $286 million in joint venture equity for the construction of Archer Towers, the firm's mixed-income residential...

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Amazon Partners with Vogue to Launch Digital Department Store
News 2 weeks ago
Amazon Partners with Vogue to Launch Digital Department Store

Amazon, in partnership with Vogue magazine and the Council of Fashion Designers of America (CFDA), has launched an online storefront for fashion...

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How the Coronavirus Could Impact NYC's Newly Built Office Space
News 2 weeks ago
How the Coronavirus Could Impact NYC's Newly Built Office Space

In late 2019, New York's office leasing market resembled a Louboutin sample sale with giant companies dropping cash on pricey new digs. Facebook...

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LA Cracks Down on Non-Essential Businesses that Stayed Open
News 2 weeks ago
LA Cracks Down on Non-Essential Businesses that Stayed Open

Los Angeles City Attorney Mike Feuer is cracking down on companies that kept their doors open for business despite citywide orders to remain closed...

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RPT Realty's Brian Harper on the Future of Open-Air Retail
News 2 weeks ago
RPT Realty's Brian Harper on the Future of Open-Air Retail

All eyes are on the retail sector as the U. S. struggles under the weight of COVID-19. With some states beginning their reopening plans, retail...

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NYC Will 'Get Through This' on Panel with Tighe, Burger
News 2 weeks ago
NYC Will 'Get Through This' on Panel with Tighe, Burger

To watch the full replay of this event on-demand, click here. Larry Silverstein believes New York City and its office market will survive the...

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LA County Expected to Extend Shelter-in-Place Orders into August
News 2 weeks ago
LA County Expected to Extend Shelter-in-Place Orders into August

The director of the Los Angeles County Department of Public Health today indicated that its shelter-in-place orders will be extended for another...

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Twitter to Let Employees Work From Home Permanently
News 2 weeks ago
Twitter to Let Employees Work From Home Permanently

Twitter will allow all of its 5,000 employees to work from home permanently, even after the emergency coronavirus measures that forced workers out...

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JCPenny Misses May Rent as Bankruptcy Looms
News 2 weeks ago
JCPenny Misses May Rent as Bankruptcy Looms

Department store JCPenny skipped most of its May rent, a troubling sign as the retailer reportedly hurtles towards a potential bankruptcy filing, a...

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BID Enlivens National Landing With Storefront Artwork
News 2 weeks ago
BID Enlivens National Landing With Storefront Artwork

In an effort to enliven the local streetscapes around National Landing during the COVID-19 pandemic, The Crystal City Business Improvement District...

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WeWork Paid Rent for 80% of Its Locations, CEO Says
News 2 weeks ago
WeWork Paid Rent for 80% of Its Locations, CEO Says

WeWork paid its April and May rent for 80 percent of its more than 700 global locations and is in "friendly" discussions with landlords of the...

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Developer's Tax Payments Never Credited By City
News 2 weeks ago
Developer's Tax Payments Never Credited By City

Developer Ziel Feldman's HFZ Capital Group has paid the city $1.74 million in real estate taxes on four commercial condominium lots he owns in...

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Affordable Housing for Veterans Coming to Arlington
News 2 weeks ago
Affordable Housing for Veterans Coming to Arlington

The Arlington Partnership for Affordable Housing has acquired the former Arlington American Legion Post 139 in Arlington, Va., for $80 million, and...

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Valuation Update – Planning Strategies in Light of COVID-19
News 2 weeks ago
Valuation Update – Planning Strategies in Light of COVID-19

Decrease in business values. Here are just a few reasons why the value of real estate holding entities may have declined due to COVID-19: Focus on...

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PGIM's Mike McRoberts Talks COVID-19 and His Outlook on Multifamily
News 2 weeks ago
PGIM's Mike McRoberts Talks COVID-19 and His Outlook on Multifamily

Agency lending has been going strong during the COVID-19 pandemic in comparison to other commercial mortgage markets as government sponsored...

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Manolo Blahnik Files Bankruptcy Case Against Former US Partner
News 3 weeks ago
Manolo Blahnik Files Bankruptcy Case Against Former US Partner

Famed shoe brand Manolo Blahnik has filed an involuntary bankruptcy petition against its U. S. partner over $600,000 in unpaid merchandise,...

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Google and Facebook Permit Staff To Work Remotely Until 2021
News 3 weeks ago
Google and Facebook Permit Staff To Work Remotely Until 2021

Google and Facebook have told employees to prepare to work from home through the end of the year, according to recent reports. Facebook plans to...

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NKF Facilitates Largest-Ever Industrial Transaction Along Baltimore-Washington Corridor
News 3 weeks ago
NKF Facilitates Largest-Ever Industrial Transaction Along Baltimore-Washington Corridor

An investment vehicle currently managed by Grandview Partners acquired the Mid-Atlantic Commerce Center, an 853,520-square-foot Class A industrial...

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How COVID-19 May Shape the Future of Buildings
News 3 weeks ago
How COVID-19 May Shape the Future of Buildings

Buildings are evolving over time. In most cases, what has triggered changes is a desire to make buildings more durable, taller, energy efficient...

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Luxury Retailer Neiman Marcus Files for Bankruptcy
News 3 weeks ago
Luxury Retailer Neiman Marcus Files for Bankruptcy

Luxury retailer Neiman Marcus filed for bankruptcy today after weeks of speculation, the first major department store to start Chapter 11...

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Barker Steel Signs 134K-SF Distribution Lease Outside DC
News 3 weeks ago
Barker Steel Signs 134K-SF Distribution Lease Outside DC

Metal manufacturer Barker Steel Mid-Atlantic has signed a 133,520-square-foot lease at a manufacturing and distribution center on the outskirts of...

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WeWork Members Unite in Slamming Coworking Firm on Fees
News 3 weeks ago
WeWork Members Unite in Slamming Coworking Firm on Fees

For years, coworking giant WeWork pitched itself to small businesses as not simply a space to work outside of your home, but as a way to join a...

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CMBS Debt Relief Requests Slow, Special Servicing Transfers Climb
News 3 weeks ago
CMBS Debt Relief Requests Slow, Special Servicing Transfers Climb

Commercial mortgage-backed securities (CMBS) borrower relief requests declined for the first time in the last month and half since COVID-19 gained...

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George Gleason's Bank Is Well-Positioned to Weather a Downturn
News 3 weeks ago
George Gleason's Bank Is Well-Positioned to Weather a Downturn

In 1979, a 25-year old banking lawyer named George Gleason acquired an Arkansas bank for $3.6 million. That bank's name was Bank of Ozark and it...

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Bank OZK Provides $119M Refi for Florida Oceanfront Development Site
News 3 weeks ago
Bank OZK Provides $119M Refi for Florida Oceanfront Development Site

Fortune International Group and Château Group have landed a $119 million loan to refinance La Playa de Varadero, a 4.72-acre oceanfront development...

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MakeOffices Taps Jeffrey Langdon as New CEO
News 4 weeks ago
MakeOffices Taps Jeffrey Langdon as New CEO

MakeOffices, a Washington, D. C.-based coworking firm, has named Jeffrey Langdon as its new CEO effective immediately, the company said....

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