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United Bank Names CRE Industry Leader Robert Drake Senior Vice President, Managing Director Of Commercial Real Estate
News 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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 3 months 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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Capitol Riverfront Site Eyed For 900-Unit Development With A Food Hall
News 3 months ago
Capitol Riverfront Site Eyed For 900-Unit Development With A Food Hall

A major new development could be coming to the eastern edge of the Capitol Riverfront neighborhood. Felice Development Group filed an application...

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As Tenants Trade Cars For Bikes And Trains, Buildings Adjust To Keep Up
News 3 months ago
As Tenants Trade Cars For Bikes And Trains, Buildings Adjust To Keep Up

As more commuters choose to ditch their cars and opt for sustainable methods to get to work, building owners and developers are asking how they can...

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Inside The Network Of JBG Alumni Working Together Across The D.C. Real Estate Industry
News 3 months ago
Inside The Network Of JBG Alumni Working Together Across The D.C. Real Estate Industry

When seeking a capital partner for a new project in Richmond, John Clarkson, a former JBG executive who now leads the Mid-Atlantic region for...

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Non-Waterfront Southwest D.C. Projects Look To Fill Retail Gaps
News 4 months ago
Non-Waterfront Southwest D.C. Projects Look To Fill Retail Gaps

The Wharf has brought a host of new restaurants and retailers to the waterfront, but developers of other Southwest D. C. projects that don't sit on...

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The Wharf's First Office Tenant Buys Its 3 Floors
News 4 months ago
The Wharf's First Office Tenant Buys Its 3 Floors

Nearly five years after signing its first office lease at The Wharf, the development team has sold that space to its anchor tenant. The American...

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Modell’s Store Closings To Create Vacancies at 7 D.C.-Area Shopping Centers
News 4 months ago
Modell’s Store Closings To Create Vacancies at 7 D.C.-Area Shopping Centers

Several D. C.-area shopping centers will soon have new vacancies to fill after the latest mass store closure from a major retail chain. Modell's...

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Fundrise Acquires Alexandria Site Approved For 3M SF Development
News 4 months ago
Fundrise Acquires Alexandria Site Approved For 3M SF Development

A property on Alexandria's Eisenhower Avenue corridor with 3M SF of development potential has traded hands. Fundrise acquired the 14-acre site at...

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5 CRE Pros Weigh In On Leadership And Gender Diversity In The Industry
News 4 months ago
5 CRE Pros Weigh In On Leadership And Gender Diversity In The Industry

Commercial real estate has always been a male-dominated industry. But slowly, efforts to encourage gender diversity are creating meaningful change....

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Yotel Prepares To Open First D.C. Hotel This Fall
News 4 months ago
Yotel Prepares To Open First D.C. Hotel This Fall

British hotel chain Yotel has unveiled new details on its D.C. debut later this year on Capitol Hill. The 402-room hotel will be Yotel's first-ever...

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Coronavirus Crisis Comes At A Bad Time For U.S. Shopping Malls
News 4 months ago
Coronavirus Crisis Comes At A Bad Time For U.S. Shopping Malls

The once-bustling corridors of American shopping malls have already suffered from slowing sales, and the coronavirus outbreak threatens to turn...

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Developer Plans To Tear Down Fairfax County Office Building, Rebuild As Apartments
News 4 months ago
Developer Plans To Tear Down Fairfax County Office Building, Rebuild As Apartments

With D. C.-area office vacancy staying stubbornly high, another owner is looking to convert an older office building to capture the much stronger...

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D.C. Tech Firm To Nearly Double Footprint In Move To Metropolitan Square
News 4 months ago
D.C. Tech Firm To Nearly Double Footprint In Move To Metropolitan Square

A D.C.-based firm that provides technology to nonprofits and political campaigns has been growing rapidly, and it will soon nearly double its...

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