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Velocis Fund Pays $71M For Rosslyn Office Building
News 1 month ago
Velocis Fund Pays $71M For Rosslyn Office Building

Dallas-based private equity real estate firm Velocis has made its sixth D. C.-area acquisition in the last five years. The firm announced Thursday...

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D.C. Opportunity Zone Developer Closes Financing, To Break Ground Soon On 191 Apartments
News 1 month ago
D.C. Opportunity Zone Developer Closes Financing, To Break Ground Soon On 191 Apartments

A major Northeast D.C. development continues to move forward despite the coronavirus pandemic and economic crisis, with plans to break ground on a...

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Restaurants Say PPP Loans, Takeout Won't Ensure Survival
News 1 month ago
Restaurants Say PPP Loans, Takeout Won't Ensure Survival

The federal government is continuing to fund loan programs meant to help small businesses, but restaurant owners say the policies don't work for...

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Marcus Partners Hires Carr Properties Exec, Looks To Expand D.C. Footprint
News 1 month ago
Marcus Partners Hires Carr Properties Exec, Looks To Expand D.C. Footprint

A Boston investment firm is looking to continue growing its presence in D. C. with a new hire from one of the region's top developers. Marcus...

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Pilllsbury Winthrop Shaw Pittman LLP
News 1 month ago
Pilllsbury Winthrop Shaw Pittman LLP

View content published by Pillsbury Winthrop Shaw Pittman LLP - SF in commercial real estate. Pilllsbury Winthrop Shaw Pittman LLP

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Can D.C.'s Multifamily Golden Age Continue? Q&A With MRP Realty’s Bob Murphy
News 1 month ago
Can D.C.'s Multifamily Golden Age Continue? Q&A With MRP Realty’s Bob Murphy

For a decade, steady population growth powered a residential building boom in the heart of Washington. Now, an economy stuck on hold threatens to...

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'We Are Frightened' By May Rent Collection
News 1 month ago
'We Are Frightened' By May Rent Collection

The founder of one of the East Coast's largest multifamily companies with 70,000 units under management, Bozzuto Chairman Tom Bozzuto has serious...

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Trump Organization In Talks With Federal Government About Delaying D.C. Hotel Rent Payments
News 1 month ago
Trump Organization In Talks With Federal Government About Delaying D.C. Hotel Rent Payments

President Donald Trump's real estate company has had conversations with his administration over delaying rent payments for his D.C. hotel. The...

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Greystar Continues Student Housing Push With College Park Development, Acquisition
News 1 month ago
Greystar Continues Student Housing Push With College Park Development, Acquisition

A busy intersection just off the University of Maryland campus is slated for a major mixed-use development as multifamily giant Greystar continues...

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Senior Affordable Housing Project Planned Near Skyland Town Center
News 1 month ago
Senior Affordable Housing Project Planned Near Skyland Town Center

D. C. developers continue to pursue new affordable housing projects for seniors, with the latest one planned near the Skyland Town Center...

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D.C. Hires Contractor To Convert Convention Center To Healthcare Facility
News 1 month ago
D.C. Hires Contractor To Convert Convention Center To Healthcare Facility

The main convention center in the nation's capital will soon undergo a construction project to turn it into a healthcare facility to treat...

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Bozzuto Chairman Tom Bozzuto
News 1 month ago
Bozzuto Chairman Tom Bozzuto

Tom Bozzuto is a 45-year real estate industry veteran who has seen - and overcome - more than his fair share of adversity. The Bozzuto Group...

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CREBA Honors Top D.C. Brokers With Virtual Award Reveals
News 1 month ago
CREBA Honors Top D.C. Brokers With Virtual Award Reveals

The coronavirus prevented the D. C. real estate industry from coming together for the annual CREBA Awards ceremony, but it did not stop the...

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Meridian Group Acquires 2 Tysons Office Buildings For $58M
News 1 month ago
Meridian Group Acquires 2 Tysons Office Buildings For $58M

The developer behind The Boro is continuing to grow its portfolio in Tysons. The Meridian Group announced Thursday it acquired the office buildings...

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Stonebridge Sells Piece Of Eisenhower Avenue Office Property To Townhouse Developer
News 1 month ago
Stonebridge Sells Piece Of Eisenhower Avenue Office Property To Townhouse Developer

After acquiring a long-vacant Alexandria office building last year, Stonebridge is moving forward with plans to add residential to the site. The...

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Montgomery County Is Especially Vulnerable To The Hotel Industry's Sudden Collapse
News 1 month ago
Montgomery County Is Especially Vulnerable To The Hotel Industry's Sudden Collapse

Montgomery County, Maryland, a jurisdiction that has already faced fiscal challenges in recent years, appears to be particularly exposed to the...

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Ward 8 Apartments Where Renters Went On Strike Bought Out Of Bankruptcy For $59M
News 1 month ago
Ward 8 Apartments Where Renters Went On Strike Bought Out Of Bankruptcy For $59M

A Southeast D. C. affordable housing community, which has been the center of a lawsuit from the D.C. government and a rent strike from its tenants,...

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Walter Reed Development Team Closes Deal For Next Phase, Plans May Groundbreaking
News 1 month ago
Walter Reed Development Team Closes Deal For Next Phase, Plans May Groundbreaking

A global pandemic and economic crisis is not slowing down the Parks at Walter Reed development team, which is planning to begin construction on a...

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JBG Smith Plans To Shift From Seller To Buyer, CEO Says
News 1 month ago
JBG Smith Plans To Shift From Seller To Buyer, CEO Says

JBG Smith, one of the D. C. area's largest real estate companies and the developer behind Amazon HQ2, is planning to pivot its capital markets...

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Downtown D.C. Office Building Sells For $42M Amid 'Challenging' Times
News 1 month ago
Downtown D.C. Office Building Sells For $42M Amid 'Challenging' Times

A New York real estate firm acquired a Downtown D. C. office building this week in a deal the broker said was made more difficult by the...

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Virginia Tech's First Building On Potomac Yard Campus
News 1 month ago
Virginia Tech's First Building On Potomac Yard Campus

Virginia Tech's plans for a new campus near Amazon HQ2 are beginning to come into focus as the university prepares to break ground next year....

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Before Coronavirus Hit, Canadian Firm Sold D.C.-Area Shopping Center For $35M
News 1 month ago
Before Coronavirus Hit, Canadian Firm Sold D.C.-Area Shopping Center For $35M

A Canadian investor that acquired and revamped a D. C.-area shopping center closed a deal to sell the property just before a crisis hit the retail...

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New Owner Of Dupont Circle Office Building Plans Major Redesign
News 1 month ago
New Owner Of Dupont Circle Office Building Plans Major Redesign

A Dupont Circle office building that traded hands in September is now being eyed for a major overhaul. The owner of 2100 M St. NW filed a zoning...

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Greenbelt Project Closes Financing, Begins Construction Despite Pandemic
News 1 month ago
Greenbelt Project Closes Financing, Begins Construction Despite Pandemic

A Cleveland developer started construction on a Prince George's County project in the final days of March, despite the uncertain economic...

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Aria Development Seeks To Demolish NoMa Exxon Where It Plans Mixed-Use Project
News 1 month ago
Aria Development Seeks To Demolish NoMa Exxon Where It Plans Mixed-Use Project

The mixed-use development planned for a prime corner in NoMa appears to be moving forward. An affiliate of Aria Development Group applied last week...

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Fairfax County Office Building Trades For $52M
News 1 month ago
Fairfax County Office Building Trades For $52M

A recently renovated office building near Inova Fairfax Hospital has just traded hands. Equus Capital Partners sold the office building at 8111...

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Federal Stimulus Shortchanging District Was 'Shameful'
News 1 month ago
Federal Stimulus Shortchanging District Was 'Shameful'

The $2 trillion stimulus bill Congress passed last month treated D. C. as a territory, giving it $750M less in funding than each of the 50 states,...

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Unizo Reaches Deal To Sell Remaining D.C. Portfolio
News 1 month ago
Unizo Reaches Deal To Sell Remaining D.C. Portfolio

The Japanese investment firm that bought a string of D. C. assets in 2016 and 2017 has reached a deal to be acquired. Unizo Holdings Co. told...

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Alexandria Officials Doubt Howard Hughes Will Go Through With Landmark Mall Redevelopment
News 1 month ago
Alexandria Officials Doubt Howard Hughes Will Go Through With Landmark Mall Redevelopment

The real estate firm planning to redevelop the mostly shuttered Landmark Mall in Alexandria may be backing out of the project. Alexandria City...

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WhyHotel Lays Off 'Significant Portion' Of Staff, Shifts Business Model Amid Hospitality Crisis
News 2 months 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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