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One Firm Is Behind A 14,000-Unit East Coast Selling Spree
News 4 weeks ago
One Firm Is Behind A 14,000-Unit East Coast Selling Spree

'These Are Huge Acquisitions': A Dallas-based private equity firm has sold $3B worth of suburban multifamily properties along the East Coast this...

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Long-Planned West Heating Plant Redevelopment Files New Zoning Application
News 4 weeks ago
Long-Planned West Heating Plant Redevelopment Files New Zoning Application

The team behind Georgetown's West Heating Plant project is approaching the latest in a series of hurdles in its six-year effort to redevelop the...

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Akridge Signs Bain To Anchor Downtown Spec Office Project
News 1 month ago
Akridge Signs Bain To Anchor Downtown Spec Office Project

Akridge has signed an anchor tenant for its second Downtown D. C. spec office project in as many months. The developer closed a deal with...

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EagleBank Founder, CEO Ron Paul Retires Suddenly, Citing Health Problems
News 1 month ago
EagleBank Founder, CEO Ron Paul Retires Suddenly, Citing Health Problems

EagleBank Chairman and CEO Ron Paul is stepping away from all positions he holds with the bank and its parent company, effective immediately. Eagle...

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Rooney Partners Lands Equity Partner For 400-Unit Reston Project
News 1 month ago
Rooney Partners Lands Equity Partner For 400-Unit Reston Project

A planned, two-building multifamily project near the Wiehle-Reston East development has landed the financing needed to break ground. Rooney...

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D.C.-Area Business Leaders Launch $1B Affordable Housing Challenge
News 1 month ago
D.C.-Area Business Leaders Launch $1B Affordable Housing Challenge

Housing affordability has become an increasingly urgent concern in D. C., and a group of business leaders is challenging the region to invest $1B...

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For Affordable Housing Developers, Opportunity Zones Are A 'Double-Edged Sword'
News 1 month ago
For Affordable Housing Developers, Opportunity Zones Are A 'Double-Edged Sword'

The federal opportunity zone program has generated buzz from investors seeking tax breaks for putting capital in underserved communities, but for...

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Bowser Unveils New CRE Tax Plan To Build Affordable Housing
News 1 month ago
Bowser Unveils New CRE Tax Plan To Build Affordable Housing

D. C.'s commercial real estate industry could soon be forced to make a larger contribution to the city's affordable housing efforts. Mayor Muriel...

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Owner Of Aging Bethesda Apartments Plans 1,500-Unit High-Rise Redevelopment
News 1 month ago
Owner Of Aging Bethesda Apartments Plans 1,500-Unit High-Rise Redevelopment

A series of garden-style apartments along Bethesda's Battery Lane could be replaced with a host of new residential towers of up to 180 feet tall....

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After Opening In October, National Law Enforcement Museum In Financial Distress
News 1 month ago
After Opening In October, National Law Enforcement Museum In Financial Distress

The National Law Enforcement Museum opened in October in Judiciary Square, with the support of former U. S. presidents and movie stars, but the...

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Law Firm Signs Lease For New Rockville Headquarters
News 1 month ago
Law Firm Signs Lease For New Rockville Headquarters

The D. C. region's law firms traditionally congregate downtown, but one firm is establishing a new headquarters in the suburbs. Stein Sperling...

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Georgetown University Buys Vacant Office Building Next To Its Law School Campus For $70M
News 1 month ago
Georgetown University Buys Vacant Office Building Next To Its Law School Campus For $70M

Georgetown University is expanding its property holdings around its law school campus in D. C.'s East End. The university paid $70M for a newly...

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Another Megaproject Hits The Board Near Tysons' Spring Hill Metro Station
News 1 month ago
Another Megaproject Hits The Board Near Tysons' Spring Hill Metro Station

The Spring Hill station has lagged some of Tysons' other Metro stops in development and is still largely surrounded by car dealerships, but four...

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A Shrinking Labor Pool Means Construction Firms Need To Amp Up Their Employee Benefits
News 1 month ago
A Shrinking Labor Pool Means Construction Firms Need To Amp Up Their Employee Benefits

As the construction job market continues to grow, construction unemployment has reached an all-time low, leaving the industry to grapple with an...

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Arlington Approves $23M Amazon HQ2 Incentive Package Over Shouts Of 'Shame'
News 1 month ago
Arlington Approves $23M Amazon HQ2 Incentive Package Over Shouts Of 'Shame'

A six-hour hearing disrupted by a series of protests ended with the Arlington County Board approving a $23M incentive package for Amazon Saturday,...

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After Closing A Record-Breaking Year, United Bank Celebrates Its 180th Anniversary
News 1 month ago
After Closing A Record-Breaking Year, United Bank Celebrates Its 180th Anniversary

On March 17, 1839, United Bank, originally known as the Northwestern Bank of Virginia, opened its doors. During the 42 years of the current...

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With Amazon HQ2 Impending, Crystal City Tackles STEM Gender Parity
News 1 month ago
With Amazon HQ2 Impending, Crystal City Tackles STEM Gender Parity

As it stands, Crystal City's workforce is evenly divided between men and women - and more than half have a background in science, technology,...

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Government Contractor Establishing New Headquarters In Pentagon City
News 1 month ago
Government Contractor Establishing New Headquarters In Pentagon City

A technology company that builds thermal imaging systems for the U. S. military is establishing a new headquarters in Pentagon City. FLIR Systems...

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With Rising Demand From Boomers, Senior Housing Developers Shift To More Urban Projects
News 1 month ago
With Rising Demand From Boomers, Senior Housing Developers Shift To More Urban Projects

Gone are the days of sleepy, gated retirement communities in secluded, suburban settings. Millions of baby boomers reaching retirement age today...

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Developers Sign Trader Joe's For Silver Spring Opportunity Zone Project, Look To Sell Site
News 1 month ago
Developers Sign Trader Joe's For Silver Spring Opportunity Zone Project, Look To Sell Site

The development team planning a 1.2M SF project in an opportunity zone in Montgomery County has landed a popular grocery store anchor and is now...

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Rockville Office Buildings Hit The Market As Brokers Pitch Rising Suburban Rents
News 1 month ago
Rockville Office Buildings Hit The Market As Brokers Pitch Rising Suburban Rents

Elevated vacancy in the suburbs has led to the repurposing of many obsolete office parks, but the brokers selling a Montgomery County office...

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Bryant Foulger Steps Back As Foulger-Pratt Gets New Ownership Team
News 1 month ago
Bryant Foulger Steps Back As Foulger-Pratt Gets New Ownership Team

A new generation is taking the reins at Foulger-Pratt. The Potomac, Maryland-based real estate company told Bisnow Wednesday it is transitioning...

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Despite Growing Urgency, Long-Stalled FBI Headquarters Project Remains In Limbo
News 1 month ago
Despite Growing Urgency, Long-Stalled FBI Headquarters Project Remains In Limbo

Last month, an eight-pound piece of concrete fell from the ceiling of the J. Edgar Hoover Building, damaging a light fixture and an FBI employee's...

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The Essential Amenity Powering D.C.'s Coworking Spaces
News 1 month ago
The Essential Amenity Powering D.C.'s Coworking Spaces

Whether they are refreshing news sites for the latest Supreme Court decision or uploading files to the cloud, workers in Washington can't be held...

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9 New Hotel Brands Entering The D.C. Market
News 1 month ago
9 New Hotel Brands Entering The D.C. Market

The hospitality scene in the nation's capital is exploding with a host of new brands courting a variety of different visitor types. The District is...

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Buchanan Gets $57M Loan, Breaks Ground On Glenmont Development
News 1 month ago
Buchanan Gets $57M Loan, Breaks Ground On Glenmont Development

Construction has begun on the first new multifamily building near the Glenmont Metro station this century. A joint venture of Buchanan Partners and...

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WashREIT Lands 50K SF Office Tenant At Watergate Complex
News 1 month ago
WashREIT Lands 50K SF Office Tenant At Watergate Complex

Two years after buying the Watergate 600 office building, WashREIT has just lured a major tenant away from Pennsylvania Avenue. EIG Global Energy...

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Comstock Inks Deal To Build 250-Room Renaissance Hotel At Reston Station
News 1 month ago
Comstock Inks Deal To Build 250-Room Renaissance Hotel At Reston Station

Comstock Partners plans to break ground this year on the first hotel at its Reston Station mixed-use development. The developer signed a deal in...

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D.C.'s Wealthiest Neighborhoods Have Built Little Affordable Housing, But That Could Soon Change
News 1 month ago
D.C.'s Wealthiest Neighborhoods Have Built Little Affordable Housing, But That Could Soon Change

D. C. has built thousands of new affordable units in recent years, but many wealthy neighborhoods in Northwest have failed to deliver any...

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NoMa Development Site, Long Planned For Office, Sells To Multifamily Developer
News 1 month ago
NoMa Development Site, Long Planned For Office, Sells To Multifamily Developer

Tishman Speyer is selling a development site in the fast-growing NoMa neighborhood it has planned as an office project for over a decade. The New...

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